94
Fashion Jobs
CHANEL
Senior Business Finance Manager
Permanent · HO CHI MINH CITY
CHANEL
Finance Manager
Permanent · HO CHI MINH CITY
JCPENNEY
Quality Engineer
Permanent · HO CHI MINH CITY
JCPENNEY
Quality Engineer
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 ·
PUMA
Senior Executive Origin Logistics
Permanent · HO CHI MINH CITY
PUMA
Senior Manager/Manager, Finance
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
PROCTER&GAMBLE
Plant IT Operations Specialist
Permanent · BẾN CÁT
PROCTER&GAMBLE
Medical Leader
Permanent · BẾN CÁT
PROCTER&GAMBLE
Sales Manager
Permanent · HO CHI MINH CITY
PROCTER&GAMBLE
Senior Key Account 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
By
Reuters
Published
Oct 29, 2009
Download
Download the article
Print
Text size

Luxottica optimistic on 2010, worst over

By
Reuters
Published
Oct 29, 2009

MILAN, Oct 29 (Reuters) - Italian eyewear maker Luxottica (LUX.MI) is looking to next year with a degree of optimism after a tough 2009, Chief Executive Andrea Guerra said on Thursday 29 October.


www.luxottica.com

"2009 has been a challenging year but the worst is behind us. Today we are looking to the future with optimism," Guerra said, speaking at a shareholders' meeting, at which shareholders approved the payment of a dividend of 0.22 euro per share.

He said Luxottica, the world's biggest in its field, was working towards making 2010 "a return to normality" for the maker of Prada and Ray-Ban sunglasses.

"This for Luxottica means having a turnover that once more grows solidly, profits that improve more than proportionally (to sales) with strong cash generation," he said, adding the ratio between EBITDA and debt should be below 2.5 times.

He said Luxottica was not interested in any major acquisitions at this time. "We will continue to make various small, medium-sized operations around the world via brands and retail to strengthen our competitive positioning," he said. "They will be strategic operations without major investment."

Luxottica said this week it was opening new stores Sunglass Hut retail brand stores in the Philippines as well as expanding its presence in South Africa.

Luxottica is due to release third-quarter results later on Thursday 29 October. Its shares were up 1.27 percent to 16.77 euros at 1355 GMT.

(Reporting by Marie-Louise Gumuchian and Cristina Carlevaro; editing by Simon Jessop)

© Thomson Reuters 2024 All rights reserved.