Wednesday, May 25, 2011

Luxottica Expands Its International Foothold

Luxottica Group S.p.A. reportedly will take full ownership of Multiopticas Internacional S.L. by the middle of the summer. Luxottica already owns a 40% stake in Multiopticas Internacional, which owns more than 470 eyewear stores operating under the Opticas GMO, Econopticas and Sun Planet retail brands in Chile, Peru, Ecuador and Colombia.

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