Buy Luxottica (LUX)

12/30/2008 7:36 pm EST

Focus: STOCKS

Jim Jubak

Founder and Editor, JubakPicks.com

Luxottica manufactures and sells eyeglasses and sunglasses under its own brands (such as Ray-Ban and the recently acquired Oakley) or licensed brands (such as Versace, Chanel, and Prada) through a network of 4,611 branded stores including LensCrafters in the United States and Canada. In the last two years the company has acquired Modern Sight (28 stores) in Shanghai, Ming Long (113 stores) in Guangdong, and Xueliang (79 stores in Beijing) to bring its total in China to 270 stores..

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