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North America Sales Spark Luxottica Surge

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Net profit advanced more than 33 percent in first quarter.

Eyewear giant Luxottica got even bigger during the first quarter, with record sales in North America – up 29.4 percent—helping to push earnings nearly 34 percent higher than for the same period last year. Reports the Wall Street Journal: “The result was driven by the lowering euro-dollar exchange rate, and was also supported by the launch of the Michael Kors collection ….”

Read more at Wall Street Journal

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