All E-Commerce & DTC articles – Page 7
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ArticleItalian eyewear industry reopens amid hopes that demand will pick up
Despite having had the right to operate stores during the industry lockdown that is now being lifted in Italy, as eyeglasses were considered an essential medical device, the Italian eyewear industry has remained largely closed for lack of demand.
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ArticleGrandVision’s April sales down over 80% due to Covid-19
GrandVision suffered a drop of more than 80 percent year-on-year in revenues in the month of April, after already registering a severe decline in March, due to the lockdowns and restrictions caused by the Covid-19 pandemic. Because of social distancing, moreover, the optical retailer does not expect a rapid recovery ...
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ArticleEssilorLuxottica’s Q1 sales drop by 10%
EssilorLuxottica’s first-quarter revenues were down by 10.1 percent from the year-ago quarter to €3,784 million, or by 10.9 percent in constant currencies, due to the impact of the Covid-19 pandemic. But, the company is confident that pent-up demand will underpin sales when the crisis is over. Thanks to its financial ...
