Soft Italian Sunglass Market Depresses Grandvision's Growth, But Annual Sales Are On Budget

All the components of the French optical retailing group had sales increases on a comparable store basis in the 4th quarter of 2002, except GrandOptical Italy and the Solaris chain of sunglass stores. A declining sunglass market in Southern Europe, partly attributable to the Italian fad for cheaper rimless shades, ...

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