Luxottica's Oakley plans major European push
Wed Nov 18, 2009 9:58am EST
BERLIN, Nov 18 (Reuters) - Oakley, the second-largest brand behind Ray Ban at Italy's Luxottica (LUX.MI), on Wednesday said it expected its business to improve in 2010 compared with this year and was planning a major commercial push in Europe.
"If I consider 2009 as the worst, then we should be in a great position to be positive next year," Colin Baden, Oakley chief executive told Reuters on the fringes of a luxury conference organised by the International Herald Tribune.
"We are still projecting high single-digit growth for this year," he said.
(Reporting by Astrid Wendlandt; Writing by Helen Massy-Beresford)
http://www.reuters.com/article/compa...8?symbol=LUX.N
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