Luxottica’s Sunglass Hut Further Expands Its Global Footprint by Strengthening Presence in Southeast Asia
May 28, 2008 by admin · Comments Off
MILAN, Italy and SYDNEY, Australia, May 28 /PRNewswire-FirstCall/ — Luxottica Group S.p.A. (NYSE: LUX; MTA: LUX), a global leader in the design, manufacturing and distribution of premium fashion and luxury eyewear, today announced that Sunglass Hut, the Group’s main sun retail brand, has further expanded its global footprint by entering Thailand, a key Southeast Asian growth market.
The Group has signed a franchising agreement with the privately-held Diethelm Keller Limited that will initially add 15 stores to Sunglass Hut’s global network in a new market for the brand. Sunglass Hut’s growing presence throughout the Asia-Pacific region currently comprises 220 stores in markets that include Australia, New Zealand, Hong Kong and Singapore. Read more
