Luxottica scaling back

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Eyeglass maker Luxottica announced 100 or more store closings in response to the global economic slowdown. The impact of the store closings specific to the U.S. market was not disclosed. Luxottica, which makes Ray-Ban, Oakley and other popular brands, expects to close two to three percent of its doors as well as reduce inventory.

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Timely Demise tracks the retail industry as it changes with our unprecedented economic environment. Published by David Wertheimer. Did I miss something? Drop me a line.

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This page contains a single entry by David Wertheimer published on March 13, 2009 3:44 PM.

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