×
281
Fashion Jobs
L'OREAL GROUP
Senior Manager - Marketing (Matrix - Hair Care), Ppd
Permanent · Mumbai
ADIDAS
Manager - Finance Operations fp&a
Permanent · CHENNAI
HR ACTIVE
Area Sales Manager
Permanent · Noida
SBICAP SECURITIES
Home Loan Sales Manager at Sbicap Securities
Permanent · Pune
DECOTOUCH PAINTS LIMITED
Area Sales Manager
Permanent · Bareilly
PEOPLEFY INFOSOLUTIONS
Area Sales Manager i Nagpur i B2B Sales
Permanent · Nagpur
PETPOOJA
Business Dev. Mgr. & Area Sales Mgr|| Software Sales || Pos - Petpooja
Permanent · Navi Mumbai
BUSY INFOTECH
Area Sales Manager - up
Permanent · Gorakhpur
PEOPLE ALLIANCE WORKFORCE
Logistics Manager - Garments Manufacturing
Permanent · Ahmedabad
DUA PHARMACEUTICALS
Area Sales Manager And Sales Executive For Ayurvedic Product
Permanent · Prayagraj
ALEMBIC PHARMACEUTICALS
Area Development Manager - Rural Marketing - Algrow Division
Permanent · Hubballi
ADITYA BIRLA SUN LIFE INSURANCE (ABSLI)
Cluster Manager Banca
Permanent · Kochi
ADIDAS
Senior Technology Consultant
Permanent · GURUGRAM
NEWELL
sr. Sap Basis Offshore Administrator
Permanent · CHENNAI
IPCA
Area Business Manager
Permanent · Bengaluru
KOTAK LIFE INSURANCE
Hiring For Sales Manager (B2B Sales)
Permanent · Chennai
LEVI'S
Senior Analyst- Opentext Solution & App Security
Permanent · Bengaluru
RGF SELECT INDIA
Area Sales Manager (Cosmetics) For Japanese Mnc For Mumbai Location
Permanent · Mumbai
PEOPLEFY INFOSOLUTIONS
Job Opening For Area Sales Manager Role in Mnc For Nagpur
Permanent · Pune
COLUMBIA SPORTSWEAR COMPANY
Total Rewards Experience Partner - Asia
Permanent · BENGALURU
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations D2C
Permanent · CHENNAI
By
Reuters API
Published
Feb 23, 2023
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

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.

© Thomson Reuters 2023 All rights reserved.