Women’s Wear Daily
04.18.2014

Financial

Accessories

Financial

Page 39 of 47

Luxottica Profits Climb 9.1%

Company was boosted by a “prolonged” sun season, surging sales in emerging markets and a positive performance at retail and wholesale.

Retail Executives Foresee Lengthy Economic Slump

While many believe the financial crisis will extend into 2012 or beyond, they also see their own firm’s future sales will increase.

Hermès Watch Division Acquires 32.5% in Supplier

Acquisition strengthens ties between Hermès and Joseph Erard Holding.

Fung Brands Acquires Delvaux

Firm plans global push for Belgian leather goods house.

Bruno Magli Revamps Strategy

The brand is outsourcing its production and logistics in an effort to return to profit in 2013.

Brightwork Brand Acquires Ghurka

New owners will initially focus on expanding the brand beyond its current luggage and small accessories base into handbags and other product categories.

Chaus Aims to Go Private in Deal With Camuto Group

The proposal was structured as a cash merger.

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