Oakley

The brand Oakley came out with apparel and sunglass collections in the year 2005. Earlier, the market was dominated by shades designed especially for men. However, the current scenario is a little...

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