Oakley enjoyed a rebound in the fourth quarter of last year, after its sales were under pressure from hurricanes and stricter pricing policies in the U.S. Its parent company, Luxottica, saw its sales decline by 2 percent to €2,093 million in the quarter, while improving by 4 percent in local currencies. For the full year, Luxottica revenues climbed by one percent to €9,157 million but its net income jumped by 22 percent to €1,039 million. Meanwhile, the Brazilian government has joined other national anti-trust jurisdictions in approving Luxottica's merger with Essilor International. The U.S., the European Union and China still have to give their blessing. More in Eyewear Intelligence.