North America Sales Spark Luxottica Surge

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