82 950
Fashion Jobs
URBN
Anthropologie Omni Service Specialist Part-Time
Permanent · NOVI
BUCKLE BRANDS
Freight Coordinator
Permanent · MUNCIE
TAILORED SHARED SERVICES
Creative Project Manager
Permanent · DUBLIN
TAILORED SHARED SERVICES
sr Digital Category Manager
Permanent · DUBLIN
TAILORED SHARED SERVICES
Associate Digital Category Manager
Permanent · DUBLIN
SALLY BEAUTY CORPORATE
IT Senior Manager
Permanent · DENTON
HAND & STONE
Assistant Spa Manager - Apex
Permanent · APEX
HAND & STONE
Assistant Spa Manager - Voorhees
Permanent · VOORHEES TOWNSHIP
HAND & STONE
Assistant Spa Manager - Brentwood
Permanent · BRENTWOOD
HAND & STONE
Assistant Spa Manager - Princeton
Permanent · PRINCETON
HAND & STONE
Assistant Spa Manager - South Park
Permanent · CHARLOTTE
HAND & STONE
Assistant Spa Manager - Camp Hill
Permanent · CAMP HILL
HAND & STONE
Assistant Spa Manager - Chantilly
Permanent · FAIRFAX
HAND & STONE
Assistant Spa Manager - Gaithersburg
Permanent · GAITHERSBURG
HAND & STONE
Assistant Spa Manager - Medford
Permanent · MEDFORD
HAND & STONE
Sales Manager - Winston-Salem
Permanent · WINSTON-SALEM
HAND & STONE
Assistant Spa Manager - Severna Park
Permanent · SEVERNA PARK
HAND & STONE
Assistant Spa Manager - Langhorne
Permanent · LANGHORNE
HAND & STONE
Assistant Spa Manager - Timonium
Permanent · TIMONIUM
HAND & STONE
Assistant Spa Manager - Newtown Square
Permanent · EDGMONT
HAND & STONE
Assistant Spa Manager - Falls Church
Permanent · FALLS CHURCH
HAND & STONE
Assistant Spa Manager - Reston
Permanent · RESTON
By
Reuters
Published
Jul 24, 2018
Download
Download the article
Print
Text size

Luxottica posts flat H1 results as it waits on Essilor merger

By
Reuters
Published
Jul 24, 2018

Ray-Ban owner Luxottica posted broadly flat first-half sales and adjusted operating income as it awaits a Chinese go-ahead this month for its merger with France’s Essilor.

Net sales rose 0.3 percent at constant currencies as a streamlining of wholesale clients and adverse weather patterns weighed on Europe - Facebook/Luxottica


Milan-based Luxottica, the world’s biggest eyewear manufacturer, is merging with the top lens producer to create a 54 billion euro (48.06 billion pounds) industry leader.

Luxottica said it was evaluating with Essilor the timing for the closing of the merger as it finalised discussions with Chinese and Turkish antitrust authorities.

The two companies last month pushed back to July 31 a deadline to close the deal which had been agreed in January 2017.

Luxottica confirmed its 2018 outlook after reporting a 0.5 percent rise, at constant currencies, in operating profit for January-June adjusted for restructuring and one-off charges.

Net sales rose 0.3 percent at constant currencies as a streamlining of wholesale clients and adverse weather patterns weighed on Europe while previous commercial restructuring started bearing fruit in North America and China.

© Thomson Reuters 2024 All rights reserved.