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Oakley China has its first dedicated store, in Xinjiekou’s Deji Plaza, Nanjing. The Nanjing store follows the opening in Shanghai of a one-of-a-kind store for the group, being half Oakley and half Ray-Ban. “This Nanjing store is the first Oakley-only store in…
France’s Essilor and Italy’s Luxottica have agreed to terms of a 46 billion euro (US$49 billion) merger, creating a global eyewear powerhouse with annual sales of more than 15 billion euros. Essilor and Luxottica said they will be focusing on boosting sales…
US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds issued by Map which are convertible into shares in…
JD.com says it is going to associate with eyewear producer Luxottica to retail a variety of sun shades bearing a few of the best-known international luxurious manufacturers. Clients of the Chinese language web site will be capable of buy sun shades from…
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