By  on March 30, 2010

MILAN — Safilo Group SpA on Monday appointed a new chairman as the eyewear firm reported a net loss of 351.4 million euros, or $488.4 million, in 2009, compared with a loss of 23.2 million euros, or $32.2 million, the year before.

The Italian eyewear maker said the bottom line was hit by nonrecurring writedowns and nonmonetary items totaling 318 million euros, or $442 million.Net losses from ordinary activities totaled 33.7 million euros, or $46.8 million, compared with a net profit of 14.6 million euros, or $21.4 million, in 2008.

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