"Luxottica ...is to spend more than 200 million euros (159.3
million pounds) over three years to increase production and also to cut
delivery times to keep up with fast-moving fashion trends," reports
Yahoo! News. "The Italian company, which makes Ray-Bans and also
sunglasses for luxury brands such as Prada <1913.HK> and Gucci,
will invest the cash to boost production in Italy, China, US, Brazil and
India. The investment will reduce the time between placement
of orders and delivery by 30 percent and inventory days by 20 percent,
the group said at an investor day on Monday."
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