Sad Day

[bean323]

it was a matter of time to be sure. Even the watch repair guy who i had some run ins with deserved better!

Every time i went to HQ everyone was nice. would have liked to get a tour of the place..

Honestly its sad news for all of us.

 

[Dyeraudio]

Good 'ole Suxottica......running things....RIGHT INTO THE GROUND......

 

[Ventruck]

So much for investing in apparel. Looks like they're withdrawing from that move? That being said, I can't judge the forecast on eyewear quality. Optimistic side would be hopeful of more focus. Flip side would be less manpower.

End of the day, it does suck for people to lose their jobs. Finding a similar job would probably be within the Lux family still.

 

[Duke Nivram]

And here is the article from today.




Oakley Announces Structural Changes as Final Move by Luxottica's Organizational Streamlining | Transworld Business

there is this info also

Luxottica Group profits fall as Oakley integration costs continue and MAP hurts sales

 

[Stryker]

Very sad. Always liked Oakley and their products. I hope they survive this and hope those affected get back on their feet.

 

[Litos]

Well, this **is** the same company that rolled out the Madman and Badman...

You knew it was a sinking ship...

 

[Oakley Digital]

Over 400 let go today. Most were given until the end of the year. Everything is being moved to Milan, NY and Ohio.

 

[LkyLefty]

So much for investing in apparel. Looks like they're withdrawing from that move? That being said, I can't judge the forecast on eyewear quality. Optimistic side would be hopeful of more focus. Flip side would be less manpower.

Looks like "streamlining" apparel means expensive as sh!t. Just went to a store today to find shorts and tights that just released for $200 dollars. Nothing special, just shorts and tights to workout in that was more expensive than 3/4 of the eyewear on the wall. Oops, sorry it has reflective lettering lol

 

[Litos]

Looks like "streamlining" apparel means expensive as sh!t. Just went to a store today to find shorts and tights that just released for $200 dollars. Nothing special, just shorts and tights to workout in that was more expensive than 3/4 of the eyewear on the wall. Oops, sorry it has reflective lettering lol

I just posted just to laugh because you got Tom as your avatar

 

[Stryker]

So they are shutting down HQ?