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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Foothill Ranch, California, February 7, 2008 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX),

This excerpt taken from the LUX 6-K filed Feb 8, 2008.
Foothill Ranch, California, February 7, 2008 - Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), a world leader in the design, production and distribution of premium and luxury eyewear, will present later today at Oakley’s headquarters in California its business plan, which is based on new business prospects generated by Luxottica’s acquisition of Oakley for US$2.1 billion on November 14, 2007. The merger of the two companies has formed the new Luxottica Group.

 

The long-term business plan presented today has a clear final objective: to create an innovative business model with countless advantages for consumers, employees and shareholders of Luxottica Group. The plan is based on the combination of Luxottica’s vertical model, its well-balanced brand portfolio and its capacity to reach across the globe with Oakley’s technological capability and undisputed strength in the sports segment.

 

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