×
2 420
Fashion Jobs
AESOP
Retail Consultant | Fixed-Term | Part-Time | Brighton
Permanent · Brighton
PRETTYLITTLETHING
Senior Affiliate Marketing Executive
Permanent · MANCHESTER
BOOHOO
Ecommerce Trading Executive
Permanent · MANCHESTER
ESTEE LAUDER
Clinique - Consultant - Brown Thomas, Dublin - 15 Hours - Part-Time, Permanent
Permanent · Dublin
SHISEIDO
Nars Account Manager - Harvey Nichols London (37.5 Hours)
Permanent · London
ESTEE LAUDER
Clinique - Consultant - m&s Newcastle - 15 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTEE LAUDER
jo Malone London - Marketing And Consumer Engagement Director
Permanent · London
AESOP
Retail Consultant | Part-Time, Permanent | Aesop Selfridges Exchange Square, Manchester
Permanent · Central
BOOHOO
Print Sales Account Manager
Permanent · MANCHESTER
VF INTERNATIONAL
dc Team Leader
Permanent · COALVILLE
ESTEE LAUDER
Mac Cosmetics - Business Manager - Mac Stratford2, London - 37.5 Hours / Week - Full Time, Permanent
Permanent · London
HARRODS
Brand Manager
Permanent · LAKESIDE
HARRODS
Uniformed Security Officer
Permanent · LONDON
VF INTERNATIONAL
Senior Distribution Systems Specialist
Permanent · COALVILLE
ESTEE LAUDER
Bobbi Brown, la Mer And Darphin - CRM & Insights Assistant
Permanent · London
HARRODS
Food Supply Manager
Permanent · LONDON
JOHN LEWIS
Loss Prevention Partner
Permanent · CAMBRIDGE
HEAD OFFICE
Cyber Security Lead – Incident Response
Permanent · BRACKNELL
HEAD OFFICE
Delivery & Operations Manager
Permanent · BRACKNELL
BOOHOO GROUP
Product Manager
Permanent · MANCHESTER
DEBENHAMS
CRM Executive
Permanent · LONDON
PRETTYLITTLETHING
Business Analyst
Permanent · MANCHESTER
By
AFP
Published
Mar 3, 2015
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Luxottica: 2014 earnings rise; optimism for 2015

By
AFP
Published
Mar 3, 2015

Italian group Luxottica, the world leader in premium eyewear and sunglasses, said Monday that its net profit had grown by 18% in 2014 to 642.6 million euros and that it is optimistic about 2015.

Its revenues increased by 4.6% to 7.652 billion euros, the company said in a statement. Its proposed cash dividend more than doubled, going from 0.65 to 1.44 euros. 

"This is a terrific moment for Luxottica," said Massimo Vian and Adil Khan, the co-CEO’s of the group. "The acceleration of sales and profitability in the fourth quarter gave us strong momentum going into 2015. We closed another record year of strong sales and profitability growth," emphasized the duo, who were named to their current posts in the fall of 2014 following the successive departures of Andrea Guerra, who had led the group for last ten years, and Enrico Cavatorta who succeeded him. 

For the 4th quarter alone, net income more than tripled (+237.7%) to 87.6 million euros and turnover increased by 13.4% to 1.867 billion euros. The group benefited from dynamic sales in North America, which has been a driver of growth.

For the current year, Luxottica expects "solid revenue growth" and for profitability to grow "twice that of sales". The group, which owns the brands Ray Ban and Oakley, believes that its "competitive position is stronger than ever" in an industry that "is young and [that] offers numerous opportunities for organic and external growth."

Leonardo del Vecchio, the current president and a member of the founding family of Luxottica, one of the greatest business successes in recent years in Italy, owns 61.35% of the company.

€1 = $1.12/£0.73

Copyright © 2022 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.