All Afflelou articles
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ArticleAfflelou Group ends fiscal year on a strong Q4
Afflelou Group ended its fiscal year with a strong fourth quarter as network sales grew by 8.1 percent year-on-year to €232.9 million, accelerating from the 4.2 percent growth reported in the previous quarter. The uptick was particularly noticeable in France as sales grew by 7.3 percent year-on-year in Q4, compared ...
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Afflelou collected 220,000 used glasses last year in France
The Afflelou Group has announced that it collected over 220,000 pairs of used glasses from consumers in 2022 through dedicated boxes deployed at its 780 stores, mostly franchised, in France. The operation, dubbed Green by Afflelou, was launched in May 2021 in partnership with the MEDICO LIONS CLUB DE FRANCE, ...
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Afflelou network passes €1bn in annual sales
The Afflelou group has announced external sales of €1,012 million (including VAT) in calendar year 2022 for its optical and hearing aid business, passing the symbolic €1 billion mark for the first time. Network sales were up by 3.2 percent compared to 2021. In 2022, the retail group opened 21 ...
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ArticleAfflelou sales up 2 percent for the year despite Q4 slowdown
The Afflelou group has reported a 1.9 percent year-on-year increase in network sales for its fiscal year ended July 31, with low single-digit hikes in its two main markets, France and Spain. The group stressed that the annual growth in sales was achieved in spite of a temporary decline in ...
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Afflelou to drop low-cost banner in 2024
The Afflelou Group will discontinue its low-cost banner Optical Discount by the end of 2024, according to a report by French optical website Acuité. Optical Discount franchises have reportedly been given the option to cancel their franchise contract with a 3-month notice or to pursue the collaboration until December 2024. ...
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ArticleAfflelou sales rebound in Q2 after Q1 drop
The Afflelou group has reported a slight year-on-year increase in network sales for the second quarter of its 2022 fiscal year, ended Jan. 31, rebounding from a 4.9 percent drop in the previous quarter. The growth was limited to 3.2 percent versus 2021 as the stores’ activity was still impacted ...
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Afflelou Q1 sales up 9% vs. 2019, but down year-on-year
The Afflelou group reported network sales of €208.9 million for the quarter ended Oct. 31, down by 4.9 percent from the same period in the previous year, which was marked by an exceptional performance following the reopening of the group’s stores after the first lockdown in France. As compared to ...
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ArticleAfflelou full year sales top 2019 level by 3%
The Afflelou group has reported a double-digit year-on-year increase in network sales for its fourth quarter and for the full year, as the business rebound across all regions was further boosted by a strong development in the hearing aid segment. Both quarterly and yearly sales’ figures stood above levels reported ...
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ArticleMICROOLED partners with urban mobility start-up on smart eyewear
Cosmo Connected, a French start-up company founded in 2015, has announced the launch of Cosmo Vision, its connected glasses designed to replace the use of smartphone for bicycle and motorbike users during their rides. The company, which is led by Romain Afflelou, develops safety solutions for urban mobility such as ...
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ArticleAfflelou rebounds 3 % higher than in 2019
The Afflelou group reported revenues of €189.3 million for its third quarter and of € 618.1 million for the first nine months of its current financial year, representing year-on-year increases of 74.4 percent and 24.5 percent, respectively. The group highlighted that its total sales for the first nine ...
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Afflelou appoints former Adidas manager as CEO
The Afflelou group has appointed Alain Pourcelot as its new CEO in replacement of Tarek Hosni , who had held the position since December last year. An eyewear industry outsider, Pourcelot, comes from the sporting goods sector, where he spent 14 years working for Adidas . He worked ...
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Afflelou refinances its debt
In order to refinance its debt, Alain Afflelou , the French optical retailer has reportedly emitted a new series of high-yield bonds for a total of €485 million, coming for the most part to maturation in 2026 at a rate of 4.25 percent. The company already went through a similar ...
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Optic 2000 supplants Krys in French retailer ranking
The results are in for the 12th edition of a ranking called “France’s Favorite Retail Brands” (Enseignes Préférées des Français), based on a survey by e-marketing.fr and EYParthenon of 8,000 French consumers over 18 years of age. Leroy Merlin , a chain of big-box hardware stores, reigns supreme ...
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French retail heavyweights slightly raised market share in 2020
In the last couple of weeks, the Krys Group , Optic 2000 and Afflelou , three of the main retail players in France totaling more than 3,000 stores and an aggregated market share estimated at between 35 and 40 percent, reported drops in revenues varying from 8.5 percent to ...
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Afflelou sponsors another e-sports event
Alain Afflelou has entered its second e-sports partnership in two years. The French optical and hearing-aids retailing group, which is also known as the sponsor of two big French football clubs, is sponsoring the European Masters Spring 2020 , an e-sports tournament which is being held by Riot Games ...
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Afflelou's first half
The Afflelou Group has reported a drop of 8.9 percent in sales at Alain Afflelou stores, many of which are franchised, for the first half of its financial year, ended on Jan. 31, attributing it to the effect in France of new legislation on the reimbursement of consumers’ expenses on ...
