Tuesday, March 25, 2014

Luxottica shares up in early trade after Google Glass deal

MILAN, March 25 Tue Mar 25, 2014 4:12am EDT





MILAN, March 25 (Reuters) - Shares in Luxottica opened up more than 3 percent on Tuesday after the Italian luxury eyewear maker agreed with Google to produce the U.S. group's Internet-connected Glass eyewear.



By 0806 GMT shares in Luxottica rose 3 percent, outperforming a 1 percent rise in Italy's FTSE MIB blue-chip stock index.



Luxottica said it would design, develop and distribute Google Glass eyewear. (Reporting by Valentina Za; editing by Francesca Landini)









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