Oakley Performs 'Strong' for Luxottica in Q3

MILAN, Italy (BRAIN)Luxottica Group S.p.A. reported net sales at its Wholesale Division, which owns Oakley, rose to 555.1 million ($784 mm) in the third quarter ending Sept. 30, from 518.3 million ($669 mm) in the third quarter of 2010. That equated to a 10.7 percent increase at constant exchange rates for the Italian company and +7.1 percent increase at current exchange rates. In the first nine months of 2011, net sales for the division were 1.90 billion ($2.50 bb), up 11.9 percent at constant exchange rates from the 1.72 billion ($2.26 bb) recorded for the first nine months of