85
Fashion Jobs
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
PROCTER&GAMBLE
Sales Manager
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
ADIDAS
Director, Manufacturing Innovation - Advanced Materials
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Development & Engineering
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Key Account Executive - l’Oréal Dermatological Beauty
Permanent · HO CHI MINH CITY
HENKEL
Safety, Health & Environment Network Head SEA
Permanent · BIEN HOA
COLUMBIA
Senior Corporate Responsibility Specialist
Permanent · HO CHI MINH CITY
TAPESTRY
sr. Manager, Supply Chain Environmental Responsibility
Permanent · HO CHI MINH CITY
SHISEIDO
E-Key Account Manager
Permanent · HO CHI MINH CITY
SHISEIDO
Demand Planning Manager
Permanent · HO CHI MINH CITY
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
By
Reuters
Published
Apr 29, 2010
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Luxottica first quarter net up, sees growth in 2010

By
Reuters
Published
Apr 29, 2010

MILAN, April 29 (Reuters) - Italy's Luxottica (LUX.MI), the world's biggest eyewear group, said on Thursday 29 April it expected profits to grow faster than sales this year, after first-quarter net income jumped 21 percent, echoing optimism among other luxury goods companies.

Luxottica

The Milan-based maker of Ray-Ban and Oakley sunglasses said in a statement emerging and North American markets performed strongly in the first quarter, while others still faced a challenging environment.

"We look to this year with confidence, aware that the recovery will likely be more selective," Chief Executive Andrea Guerra said in the statement.

The company said in March it expected a mid-single digit revenue growth in 2010.

On Thursday 29 April Guerra said he expected "a more than proportionate increase in profitability".

In the first quarter of 2010, net sales rose by 6 percent at current exchange rates to 1.39 billion euros ($1.9 billion).

Net profit was 95.1 million euros. Seven analysts polled by Thomson Reuters I/B/E/S had forecast net profit between 92.3 million euros and 111 million.

Shares, nearly 70 percent owned by the Del Vecchio family, were up nearly 1 percent at 21.3 euros after the results.

Echoing comments from other fashion groups, French retail and luxury group PPR (PRTP.PA) said on Thursday 29 April it aimed to improve profitability in 2010 after returning to growth in the first quarter of the year.

(Reporting by Antonella Ciancio and Cristina Carlevaro, Editing by David Holmes)

($1=.7508 Euro)

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