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Reuters
Published
Nov 18, 2009
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Luxottica's Oakley plans major European push

By
Reuters
Published
Nov 18, 2009

BERLIN, Nov 18 (Reuters) - Oakley, the second-largest brand behind Ray Ban at Italy's Luxottica (LUX.MI), on Wednesday 18 November said it expected its business to improve in 2010 compared with this year and was planning a major commercial push in Europe.

Luxottica

"If I consider 2009 as the worst, then we should be in a great position to be positive next year," Colin Baden, Oakley chief executive told Reuters on the fringes of a luxury conference organised by the International Herald Tribune.

"We are still projecting high single-digit growth for this year," he said.

(Reporting by Astrid Wendlandt; Writing by Helen Massy-Beresford)

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