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CRESCENDO GLOBAL LEADERSHIP HIRING INDIA
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Sales Manager
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Area Sales Manager
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ALUDECOR LAMINATION
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MILLION MINDS MANAGEMENT SERVICES LIMITED
Hiring Manager- Corporate Sales
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Area Sales Manager
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Area Manager /Area Sales Manager
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MONEYWISE FINANCIAL SERVICES
Area Sales Manager/ Regional Sales Manager (Asm/Rsm)
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DECOTOUCH PAINTS LIMITED
Area Sales Manager
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YUTIKA NATURAL
Assistant Area Sales Manager - Maldah, Berhampore
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BAJAJ FINANCE
Sales Manager (Digital Product Finance)
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BAJAJ FINANCE
Sales Manager (Digital Product Finance)
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BAJAJ FINANCE
Sales Manager (Consumer Durable)
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INCITE HR SERVICES
Area Sales Manager | Business Development Manager
Permanent · Durg
UNIBRAND DRINKS PVT. LTD
Horeca Sales Manager Mumbai Pune
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ORIENT ELECTRIC LTD.
Area Sales Manager - B2B Sales - Bangalore/ Belagavi
Permanent · Bengaluru
H&M
Administration Specialist
Permanent · BENGALURU
H&M
Sustainability Developer
Permanent · NEW DELHI
By
Reuters API
Published
Feb 23, 2023
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EssilorLuxottica's sales grow 9% in the fourth quarter

By
Reuters API
Published
Feb 23, 2023

Luxury eyewear maker EssilorLuxottica on Thursday reported a rise in fourth-quarter revenues, citing sound growth amid a challenging environment, but its performance in China declined because of Covid-19 restrictions.


Ray Ban


The maker of Oakley and Ray-Ban sunglasses posted a 9.4% rise in revenues to 6.11 billion euros ($6.49 billion) in the final quarter of the year at current exchange rates.

The French-Italian eyewear group said Europe, Middle East, and Africa (EMEA) was its best performing region in the quarter due to solid sales growth in France, Italy, Spain, the UK and Scandinavia.

Sales in the region grew 6.2% at constant exchange rates to 2.09 billion euros.

However, the Asia-Pacific region grew by only 3.1% to 731 million euros as performance crumbled during the quarter when China was hit by a severe Covid-19 wave, the group said in a statement.

Luxury peer Hermès on the other hand said last week that wealthy Chinese clients snapped up its products in the fourth quarter, helping it beat sales and margin forecasts.

The likes of French luxury giant and Louis Vuitton-owner LVMH, and Swiss jewellery company Richemont, have also benefited from the resilience of their wealthy customers against the cost-of-living crisis.

EssilorLuxottica proposed raising its dividend to 3.23 euros per share, up 29% on last year.

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