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Del Vecchio

July 26, 2011

Luxottica, the world’s biggest eyewear group which is majority owned by the Del Vecchio family, announced record second-quarter results, buoyed by strong global demand for luxury brands.

Luxottica, the world’s biggest eyewear group which is majority owned by the Del Vecchio family, announced record second-quarter results, buoyed by strong global demand for luxury brands.

The Milan-based company said on 25 July that its sales for the second quarter rose by almost 2.5% to €1.63 billion, up from €1.59 billion for the same period in 2010.

July 27, 2010

Leonardo Del Vecchio might be expected to take that extra special summer holiday after his company announced better-than-expected second quarter results.

Leonardo Del Vecchio might be expected to take that extra special summer holiday after his company announced better-than-expected second quarter results.

Luxottica, the world's biggest eyewear group and 70% owned by Del Vecchio (pictured), recorded a 30% year-on-year rise in net profits in the second quarter of the year to €150 million. Analysts were expecting profits of  €145 million.
 

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