21.09.11

The 50-year-old optician is hoping to see that noted grow through his new 1,300-square-foot upscale eyewear boutique Spec's, located in the Shoppes at Woodcreek at 1398 Highway 9 in Spartanburg.

Pitman, at first from Vero Beach, Fla., said his concept will authorize local customers to choose from a large pick of eyeglass frames, sunglasses and contact lenses from the everyone's top designers.

“I'm hoping to do something different here,” he said. “I've heard too many times how people go to their doctor and then lean to pressured to buy their glasses or contacts there. It's their right as a consumer to take their drug and shop around in order to get what they really want. We're customary to focus on the high-fashion stuff, but absolutely I have something here for everyone.”

Pitman, who opened the store last week with the serve of his wife, Gwen Pitman, said his products are for men, women and children, and they are geared to upon any budget from the very high-end to the value customer.

Source: Spartanburg Herald Journal

19.09.11

/PRNewswire/ -- The Timber of Directors of Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX), a chief in the design, manufacture and distribution of fashion, indulgence and sports eyewear, met today and approved the weakness for demerger of Luxottica S.r.l., a wholly-owned subsidiary of Luxottica Squad S.p.A., in favor of Luxottica Group S.p.A.

The assets of Luxottica S.r.l. that, in appropriateness with the demerger, will be transferred to Luxottica Group S.p.A. are the entitle contracts and distribution activities of the subsidiary. Accepted that Luxottica Group S.p.A. owns 100 percent of the apportionment capital of Luxottica S.r.l., according to the provisions of article 2505 of Italian Well-mannered Code, the demerger will be executed in simplified method and the resolution authorizing the demerger will be approved by the Boards of Directors of the two companies. Allowed that Luxottica Group S.p.A. is the sole shareholder of Luxottica S.r.l., no shares of Luxottica Catalogue S.p.A. will be granted in exchange for said assets and no foremost increase will take place.  Furthermore, the corporate yearn of Luxottica Group S.p.A. will not be changed, as it already includes the activities confusing in the operation.

Source: Sacramento Bee

by stevec

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