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Fashion Jobs
COLUMBIA SPORTSWEAR COMPANY
Planner ii-Production
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Manager, Sustainable Sourcing - Environmental Field Operations
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PUMA
Manager Product Line Sportstyle Footwear
Permanent · Ho Chi Minh City
PVH
Manager, Quality Assurance – Process Engineer
Permanent · HO CHI MINH CITY
PUMA
Assistant Manager Development Fabric Apparel
Permanent · Ho Chi Minh City
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Nhân Viên tư Vấn Bán Hàng Bán Thời Gian - Vincom Đồng Khởi
Permanent · HO CHI MINH CITY
TIFFANY & CO
Client Relations Executive, Vietnam
Permanent · Ho Chi Minh City
COLUMBIA SPORTSWEAR COMPANY
lo Costing & Engineering Manager
Permanent ·
ADIDAS
Assistant Manager, E-Commerce Buying
Permanent · HO CHI MINH CITY
SHISEIDO
Digital Marketing Intern
Internship · Ho Chi Minh City
SHISEIDO
Marketing Intern
Internship · Ho Chi Minh City
SHISEIDO
E-Commerce Intern
Internship · Ho Chi Minh City
PVH
Senior Accountant
Permanent · Ho Chi Minh City
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Vincom Ocean Park
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực đà Nẵng
Permanent ·
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực đà Nẵng
Permanent ·
H&M
3pl Business Expert - Import, Export And Controlling
Permanent · BIEN HOA
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Khu Vực Aeon Mall hà Đông
Permanent · HANOI
H&M
Department Manager (Quản lý Ngành Hàng) - Khu Vực Ocean Park Gia Lâm
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Toàn Thời Gian Khu Vực Vincom Times City
Permanent · HANOI
H&M
Nhân Viên tư Vấn Bán Hàng Bán Thời Gian Tại Vincom Plaza hạ Long
Permanent · HẠ LONG
By
Reuters
Published
Jul 25, 2011
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Luxottica beats forecast with record Q2 net profit

By
Reuters
Published
Jul 25, 2011

July 25 - Italy's Luxottica , the world's biggest premium eyewear maker, beat forecasts with a record second-quarter net profit, despite the impact of a weak dollar on its North American sales.

Luxottica
Persol eyewear, owned by Luxottica

The maker of Ray-Ban and Oakley sunglasses said on Monday strong demand for luxury brands such as Prada and Burberry helped second-quarter revenue grow 2.4 percent to 1.63 million euros ($2.34 billion) at current exchange rates.

Revenue came at the high end of a range forecast by analysts polled by Thomson Reuters I/B/E/S.

However, sales would have risen 9.5 percent without the impact of a weak dollar against the euro. United States and Canada account for around 60 percent of the group's revenue.

"We strongly believe that these results provide an excellent basis for us to look with confidence to the second half of the year," Chief Executive Officer Andrea Guerra said in the results statement, released after markets closed.

Net profit was up 8 percent to a company record of 162 million euros, above analysts' average forecast.

Luxottica is boosting its presence in Latin America, a key retail market. This year, the group bought two Mexican chains and took control of optical retailer Multiopticas International.

UBS upgraded its rating on Luxottica stock to "buy" from "neutral" this month, while Cheuvreux raised its rating to "selected list" from "outperform" on Monday, citing prospects for new acquisitions in both emerging and mature markets.

Strong demand for luxury goods prompted Hermes to lift its sales forecast for the year last week.

Shares closed up 0.8 percent at 22.35 euros on Monday, outperforming Milan's blue-chip index , which closed down 2.5 percent.

(Editing by Will Waterman)

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