De Rigo reports net sales for first nine months of 2005, drops 2.1%
08 Nov '05
1 min read
World's largest maker and distributor of premium eyewear, De Rigo S.p.A. posted net sales of EUR 387.6 m(1) for the first nine months of 2005, a decrease of 2.1 percent as compared with the same period last year.
The Group's sales results reflected the continuing positive trend at General Optica, the Group's Spanish retail chain, and a recovery at the wholesale & manufacturing business segment, while sales results at Dollond & Aitchison, the Group's British retail chain, were negatively affected by a general downturn in the British optical market, notwithstanding an improvement in the chain's product mix.
De Rigo is one of the world's largest manufacturers and distributors of premium eyewear, the major optical retailer in Spain through General Optica, one of the leading retailers in the British optical market through Dollond & Aitchison and a partner of the LVMH Fashion Group for the manufacture and distribution of Celine, Givenchy and Loewe eyewear.
De Rigo also manufactures and distributes the licensed brands Chopard, Ermenegildo Zegna, Escada, Etro, Fila, Furla, Jean Paul Gaultier, La Perla and Mini, as well as its own brands Police, Sting and Lozza.