| | Business Summary | | De
Rigo
S.p.A.,
together
with
its
subsidiaries
(the
Group)
is
engaged
in
the
design,
manufacture
and
marketing
of
eyewear
in
the
mid-
and
premium-price
categories.
As
a
result
of
the
Company's
acquisition
of
Dolland
&
Aitchison
Ltd.
(D&A)
in
late
1998
and
General
Optica
S.A.
(GO)
in
early
2000,
De
Rigo
is
now
among
the
largest
optical
retailers
in
Europe.
Designed
in
Italy,
the
Group's
products
are
distributed
in
about
80
countries
worldwide,
primarily
in
Europe,
Asia
and
the
Americas.
The
Company
manufactures
its
products
under
its
own
brand
names,
Police,
Sting,
Rolling
and
Lozza,
as
well
as
under
the
licensed
brands
Fendi,
Martini,
Martini
Racing,
Fila
eyes,
Etro,
La
Perla,
Onyx,
Motor
Oil,
This
Week
and,
since
January
2000,
Prada. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | De
Rigo
S.p.A.
designs,
manufactures,
markets
and
distributes
eyewear
under
its
own
brand
name
in
the
over
$30
price
category.
For
the
fiscal
year
ended
12/31/00,
net
sales
rose
42%
to
LIR884.1
billion.
Net
income
according
to
U.S.
GAAP
rose
from
LIR3.03
billion
to
LIR25.72
billion.
Net
sales
reflect
the
acquisition
of
General
Optica
Eyewear
and
EID,
the
joint
venture
with
Prada.
Net
income
also
reflects
higher
gross
and
operating
margins. | | More
from
Market Guide: Significant
Developments |
| | Officers | |
| Position | | Ennio De Rigo, 60 | Chairman
and CEO | | Emiliana De Meio De Rigo, 56 | Vice
Chairman and Sales Mang. | | Maurizio Dessolis, 34 | CFO | | Michele Aracri, 43 | Managing
Director | | Mario Sommavilla, 52 | CAO |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/d/der.gif)