Luxottica set to buy French eyewear firm

Fits 'perfectly' with long-term strategy says CEO Guerra

Luxottica set to buy French eyewear firm

Milan, November 2 - Italian eyewear giant Luxottica on Friday announced a deal aimed at acquiring 100% of French luxury-spectacles maker Alain Mikli. "This potential operation perfectly reflects our long-term growth strategy," said the CEO of the Italian world-leading company, Andrea Guerra. Alain Mikli, which in 2011 had turnover of 60 million euros, will "be the subject of further talks," he said. Luxottica founder and chairman Leonardo De Vecchio is Italy's second-richest man after confectionery king Michele Ferrero with a net worth of $11 billion, making him 71st in the world rankings as of March 2011, according to Forbes. photo: Guerra

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