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Report

EssilorLuxottica posts 2023 revenue growth of 7.1 percent

In the fourth quarter, EssilorLuxottica posted revenue of 6,250 million euros, up 7.1 percent at constant exchange and 2.4 percent. The full year closed at 25,395 million euros revenue, up 7.1 percent at constant exchange rates. In terms of margins in 2023, the adjusted operating profit and the adjusted group net profit grew respectively by 7.7...

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Retail

Ray-Ban to open permanent flagship at The Grove in Los Angeles

Ray-Ban is set to open its first permanent store in Los Angeles. Luxottica Group SpA just announced that the new store opening set for this spring at The Grove shopping center. The opening is set to be around April for the next season, according to WWD. Although a confirmed launch date hasn't been confirmed, it seems that the store's launch will...

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