Log in to your IBTimes Account

close
ID
Password

Luxottica Group signs Sunglass Hut agreement



By AP
28 May 2008 @ 07:07 am EST

NEW YORK - Italian glasses maker Luxottica Group SpA said Wednesday that it signed a franchising deal with privately held Diethelm Keller Ltd. to initially put 15 Sunglass Hut stores in Thailand.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
LUX 18.72 0.51

SYMBOL LOOKUP

Terms were not disclosed.

Sunglass Hut currently has 220 stores in the Asia-Pacific region.

"The entry into Thailand strengthens our presence in Southeast Asia, a high-potential growth region for the sun retail business," Chris Beer, Luxottica's chief executive of retail business in Australasia, Southeast Asia and South Africa, said in a statement.

Sunglass Hut had 1,970 stores as of March 31, primarily in North America, Asia-Pacific, United Kingdom, South Africa, the Middle East and Southeast Asia.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register



advertisement
More Industries
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, acco...
May 7, 1998: Stuttgart, Germany-based Daimler-Benz, the maker of the upscale Mercedes Benz, announces a $36 billion merger with Chrysler. The new company...
General Motors Corp. and Chrysler LLC at a glance: GENERAL MOTORS CORP.

Advertisement
Corporate Website Design

Professional Website Design For Corporate - Get a Free Quote Today

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives