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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Licensed Brands (Sears Optical and Target Optical)

This excerpt taken from the LUX 6-K filed Jun 4, 2008.

Licensed Brands (Sears Optical and Target Optical)

 

Luxottica continues to see significant growth potential in this segment, and in Sears Optical and Target Optical in particular. Sears Optical continues to refine its “Everyday Simple Pricing” strategy, which is seeing excellent consumer response to online appointment scheduling with its affiliated doctors. Target Optical continues to develop its store base and marketing partnerships. The license agreement with BJ’s Wholesale Club was terminated in March 2008 as it was no longer in line with the Group’s strategy in this segment of business.

 

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