1 797
Fashion Jobs
L'OREAL GROUP
National Account Manager - Grocery
Permanent · MELBOURNE
L'OREAL GROUP
Assistant Brand Manager
Permanent · MELBOURNE
TRP RECRUITMENT
Senior Buyer - Womenswear
Permanent · CANBERRA
MYER
Retail Property Manager
Permanent · DOCKLANDS
MYER
Uniformed Loss Prevention Officer | North Lakes
Permanent · NORTH LAKES
MYER
Uniformed Loss Prevention Officer | Garden City, Carousel & Karrinyup
Permanent ·
MYER
Uniformed Loss Prevention Officer | Garden City, Carousel & Karrinyup
Permanent · KARRINYUP
MYER
Uniformed Loss Prevention Officer | Adelaide City & Tea Tree Plaza
Permanent · ADELAIDE
MYER
Uniformed Loss Prevention Officer | Adelaide City & Tea Tree Plaza
Permanent · MODBURY
MYER
Uniformed Loss Prevention Officer | Sydney City, Bondi, Eastgardens & Chatswood
Permanent · BONDI
MYER
Uniformed Loss Prevention Officer | Sydney City, Bondi, Eastgardens & Chatswood
Permanent · CHATSWOOD
MYER
Uniformed Loss Prevention Officer | Sydney City, Bondi, Eastgardens & Chatswood
Permanent · EASTGARDENS
MYER
Uniformed Loss Prevention Officer | Sydney City, Bondi, Eastgardens & Chatswood
Permanent ·
MYER
Uniformed Loss Prevention Officer | Miranda
Permanent · MIRANDA
UNILEVER
Site Training Coordinator
Permanent · MINTO
UNILEVER
Health & Wellbeing Regulatory Affairs Assistant Manager
Permanent · NORTH ROCKS
BULGARI
Sales Administrator
Permanent · SYDNEY
H&M
Facilities Manager
Permanent · SYDNEY
NIKE
Technical Operations Specialist - Pacific
Permanent · MELBOURNE
BOARDRIDERS
Anz Business Intelligence Manager
Permanent · BYRON BAY
SAINT LAURENT
Saint Laurent Finance Manager Anz
Permanent · SYDNEY
COTY
Influencer Marketing Manager (Rimmel & Maxfactor)
Permanent · SYDNEY
By
Reuters API
Published
Apr 20, 2023
Download
Download the article
Print
Text size

EssilorLuxottica's sales grow in the first quarter

By
Reuters API
Published
Apr 20, 2023

Luxury eyewear maker EssilorLuxottica reported on Thursday a rise in first quarter revenues as a rebound in China led growth.


Ray Ban


The maker of Oakley and Ray-Ban sunglasses posted an 8.6% rise in revenue to 6.15 billion euros ($6.75 billion) for the first three months of the year at constant exchange rates.

The French-Italian eyewear group said Asia-Pacific was its best performing region in the first-quarter driven by the recovery in China following the lifting of lockdown restrictions.

Sales in this region grew by 12% at the constant exchange rates to 750 million euros, against 685 million euros reported a year ago.

Chief Financial Officer Stefano Grassi told an analysts call the trend in China was "consistently stronger".

"It is an important part of our growth profile this year. We are happy to see that Chinese consumer have appreciation for our products, and our service," he added.

​Peers in the luxury sector have also benefited from China's rebound, despite higher prices and global market turmoil.

Hermès reported a rise of 23% in its first-quarter sales, and LVMH flagged a sales' rise of 17%.

© Thomson Reuters 2024 All rights reserved.