EssilorLuxottica eyewear collection increases sales more than expected

Charenton Lee Pont Business grew more strongly in small business regions in terms of sales: In the Asia Pacific region, currency-adjusted sales were up by nearly a third and in Latin America by a good quarter. North America is up more than 20 percent, while growth in EMEA was just under 8 percent.

As a result, business in the Asia Pacific region rebounded significantly after sales fell there in the second quarter. In France, Turkey, the Middle East as well as Italy, Great Britain and Spain, the group has reportedly benefited from increased demand for sunglasses.

Analyst James Grzinic of investment house Jefferies spoke first in reaction to a strong development in North America and another impressive quarter in Europe. This and the recovery in demand in the Asia Pacific region should satisfy shareholders.

Luxottica is particularly famous for its Ray-Ban eyewear brands, barbaric And the Ralph Lauren a favour. The Dutch ophthalmologist is in the comparison figures for the previous year Grand Vision Included, which belongs to about the German Apollo series. EssilorLuxottica only acquired the company in mid-2021.

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