299
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters
Translated by
Nicola Mira
Published
Oct 23, 2018
Download
Download the article
Print
Text size

EssilorLuxottica: quarterly sales rise for new optics giant’s twin groups

By
Reuters
Translated by
Nicola Mira
Published
Oct 23, 2018

On Monday, the world's number one manufacturer of ophthalmic lenses, Essilor, announced a quarterly revenue result below expectations, but confirmed its annual guidance.


Positive results for Essilor and Luxottica, as both confirmed their annual guidance - EssilorLuxottica


The French group, which finalised the merger with Italian eyewear manufacturer Luxottica on October 1, announced in a press release it reached a quarterly revenue of €1.811 billion, up by 4.4%. Analysts told financial data firm Refinitiv they were expecting a quarterly revenue of €1.98 billion.

The new optics giant, called EssilorLuxottica, confirmed the annual guidance for Essilor, notably forecasting an organic growth of about 4%.

As for Luxottica, which also confirmed its 2018 forecast, in the third quarter it reported a 2.9% sales growth, reaching €2.22 billion. The Ray-Ban.com site was the main driver of its online business.

The merger between Luxottica, which controls brands like Ray-Ban and Oakley, and Essilor, which sells lenses under the Varilux brand, aims to tap the growing demand for eyeglasses and sunglasses, due to the ageing of the world's population.

EssilorLuxottica will publish fully consolidated results from next year.

© Thomson Reuters 2024 All rights reserved.