All Marcolin articles
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ArticleKering Eyewear stands out with 8% Q1 revenue hike as group topline slips
As in the last quarter of 2023, Kering Eyewear was the only business unit of French luxury group Kering that reported a revenue increase in Q1 2024 as reported sales of optical frames and sunglasses rose by 7 percent year-on-year to €463 million. On a comparable currency basis, Kering ...
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News briefsMarcolin preliminary annual results show slight revenue hike, margin improvements
Marcolin revenue inched up by 2.0 percent year-on-year to €558 million in 2023, the group announced in a preliminary communication ahead of its shareholder meeting at the end of next week. Based on previously released figures for the first nine months of the year, we understand that sales in Q4 ...
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News briefsMarcolin inaugurates NY showroon
Marcolin officially opened its new showroom in New York on March 14. Located in Manhattan, the showroom was desiged by Milan-based design studio Navone Associati and includes offices and a large space presenting Marcolin’s collections. As was the case when the company opened its showroom in Paris in November 2023, ...
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News briefs
Marcolin negotiations with strategic investors reportedly hit a €1.3 billion snag
According to an article published last Saturday by the Financial Times (FT), EssilorLuxottica, Kering, Safilo and Marchon have all expressed interest in the acquisition of Marcolin, as PAI Partners is looking to sell its majority stake in the company. While EssilorLuxottica and Kering seem to be the most likely candidates ...
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News briefsMarcolin joins Altagamma
Marcolin has joined the Altagamma Foundation, an organization that, by its own definition, promotes Italian excellence, uniqueness and lifestyle worldwide. Founded in 1992, Altagamma has a membership of 115 companies operating at the high end of a variety of sectors, such as fashion, design, jewelry, food, hospitality, automotive and yachts. ...
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News briefsLouboutin enters eyewear segment with Marcolin partnership
Christian Louboutin, the Paris-based luxury footwear brand, is entering the eyewear segment, signing a global license agreement with Marcolin, as both partners have announced. The partnership, which includes the design, production and distribution of optical frames and sunglasses, runs until 2029, and the first Christian Louboutin eyewear collections will be ...
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News briefs
LVMH’s Pucci eyewear license stays with Marcolin
Marcolin has announced the renewal of its exclusive eyewear license agreement with Pucci, a brand of LVMH Group’s portfolio, for the design, manufacturing and global distribution of the brand’s sunglasses and optical frames. The relationship between Pucci and Marcolin started in 2015 and the license has been renewed until Dec. ...
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News briefs
Bags and accessories’ luxury sales up 15 % in 2022
Luxury good sales in the bag and accessories segment, in which eyewear is included, went up by 15.3 percent year-on-year to $3.6 billion in 2022 according to Deloitte’s annual ranking of the hundred largest luxury companies worldwide. The category, which accounts for approximately 1 percent of total luxury goods’ sales, ...
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News briefs
Marcolin opens new showroom in Paris
Marcolin officially opened its new Parisian showroom on Nov. 21 with a ceremony attended by representatives of the French media, celebrities, customers, partners and institutions. Located in the center of the French capital city, behind the Palays Royal garden, the showroom displays the Italian group portfolio of brands but also ...
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News briefs
Moncler eyewear license goes to EssilorLuxottica
EssilorLuxottica and Moncler have announced the signature of an exclusive licensing agreement for the design, production and global distribution of Moncler-branded eyewear, including eyeglasses and sunglasses. The agreement will be in effect from January 2024 until December 2028 with an automatic renewal option for five more years, and the first ...
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News briefs
Marcolin adds women-focused session to leadership program
Marcolin has announced that its “Leadership Academy” training program for future leaders, which was launched in 2021, would include for the first time this year soft skills enhancement modules dedicated to women leadership. The group said that this was aimed at training future managers to guide and inspire others based ...
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ArticleMarcolin sees Q3 sales slip 10%, bolsters house brands with ic! berlin buy
Marcolin slipped into contraction territory in the third quarter, with sales in the period declining by 10.4 percent to €113 million as the group highlighted weakness in the Americas region and a “global context marked by complex socio-political and economic scenarios”. The sales decline came after a second quarter in ...
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ArticleThélios acquires Barton Perreira
Thélios, the eyewear entity of LVMH, has announced the signature of an agreement to acquire Barton Perreira, the U.S.-based luxury eyewear brand. The acquisition follows only a few weeks after that of Vuarnet, the French high-end sports eyewear brand, underlining the expansion of Thélios’ business into proprietary brands and designer ...
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ArticleIs Marcolin going to change hands?
According to insider information leaked to Bloomberg, PAI Partners, the majority shareholder of Marcolin Group, is looking to sell its stake in the company and has appointed Goldman Sachs to gauge the market’s interest in a deal that would value the eyewear manufacturer at approximately €1.35 billion. The French-based ...
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News briefs
Marcolin adds new licensed fashion brand to portfolio
Marcolin has announced the signature of a new eyewear license partnership with German luxury fashion brand MCM. The Italian eyewear group will design, manufacture and distribute globally MCM-branded sunglasses and optical frames until the end of 2028. The first MCM eyewear collections by Marcolin will be available from January 2024 ...
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ArticleSolid half-year performance for Marcolin despite Q2 slowdown
The Marcolin group has reported a positive performance for the first half of this year with an high-single digit increase in revenue compared with 2022 and significant margin improvements in spite of a slowdown in Q2 sales. For the second quarter of 2023, the group’s topline inched up by 1.5 ...
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News briefs
Marcolin launches AR factory visits for employees and partners
Marcolin has launched an augmented reality (AR) project that enables virtual visits to its Italian factories, with the aim of enhancing both employees’ training and customer experience. As part of its Marcolin Manufacturing Academy program, employees will be able to visit production facilities and learn processes and skills remotely, wearing ...
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News briefs
Marcolin fully acquires Mexico branch
The Marcolin Group has completed the acquisition of Marcolin México, by acquiring the remaining 49 percent stake in the joint venture from Moendi, its partner and one of the largest independent distributor in the country. The joint venture had been established six years ago. The investment follows similar moves ...
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News briefs
Thélios opens Benelux branch
Thélios, the eyewear division of the LVMH group, has announced the opening on July 1 of a subsidiary in the Benelux for the distribution of its collections in Belgium, the Netherlands and Luxembourg. The operation will be based in Belgium. Thélios’ distribution in the region was still managed by Marcolin, ...
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ArticleGood year overall for Marcolin but debt cost dampens profitability, sales momentum confirmed in Q1
Following the announcement of its preliminary results at the end of March, the Marcolin group released more detailed information on its performance in the last year during its shareholders’ meeting at the end of last week. The company confirmed a 20.2 percent year-on-year jump in reported revenue to €547.3 million ...
