EssilorLuxottica posts record growth in Q3 as wearables boom comes with side benefits
The eyewear giant posted its strongest quarterly revenue performance since the Essilor-Luxottica merger, with wearables contributing over 4 percentage points to growth and helping rebalance wholesale and retail divisions. Side benefits of the smart glasses boom include increased penetration of premium lenses and halo effect on the Ray-Ban brand. Subscription business in EMEA is going strong too.
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