All Maui Jim articles
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Article
Kering 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 briefs
Maui Jim partners with Red Bull events
Maui Jim has announced that it has signed a three-year partnership with Red Bull for the “co-creation” of a series of action sports events. These Red Bull-branded events, focused on skateboarding and watersports, include Boarding Pass and Terminal Takeover (skateboard, New Orleans, U.S.), Magnitude (surf, Hawaii, U.S.), Cope ‘n’ waken ...
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Kering aims at Maui Jim’s “global refresh” with new campaign
Maui Jim’s new advertising campaign features its global ambassador Evan Mock, an American actor, skateborder and model with Hawaiian roots. Dubbed “Color You Can Feel,” the campaign accompanies the launch of a new collection, Ekahi, the brand’s first to be designed and produced by Kering Eyewear. According to the group, ...
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Article
Kering Eyewear fueled by Maui Jim in Q3 as comparable growth drops
Kering Eyewear was again the best-performing unit of Kering in the third quarter of this year, and the only one that posted a sales increase, as the French luxury group’s fashion brands were severely hit by the general slowdown in the global luxury market, particularly in Europe and North America. ...
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Kering Eyewear to Maui support fund after wildfires
Kering Eyewear, owner of the Hawaian brand Maui Jim, has announced that it was making a donation to Hawaii Community Foundation’s Maui Strong Fund, to assist the victims and support the rebuilding efforts followig the devastating wildfires in Lahaina earlier this month. Maui Jim, which has a local store and ...
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Article
Kering Eyewear posts 21 % comparable growth in Q2
French luxury group Kering has reported a 54 percent year-on-year revenue growth to €428 million in Q2 for its eyewear unit, Kering Eyewear. While scope expansion, with the integration of Maui Jim, and currency tailwinds were the main contributors to the revenue jump, the eyewear division sales also grew by ...
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Article
Maui Jim integration adds to Kering Eyewear 11% comparable growth for a strong Q1
As expected following the integration of the Maui Jim business into the company’s results since October last year, Kering Eyewear revenue jumped by 44 percent year-on-year in the first quarter of 2023 to €433 million. On a comparable scope basis, the eyewear unit of the French luxury group posted a ...
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Article
Kering Eyewear speeds over the €1bn mark
Kering Eyewear has reported €1,115 million in annual revenue for 2022, up by 59.7 percent from 2021, with an almost equal contribution to growth from acquisitions and existing portfolio. In the last two years, the subsidiary of French luxury group Kering has more than doubled its topline figure. In more ...
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News briefs
Snap and Amazon partner for virtual try-ons, actual purchases
Snap and Amazon Fashion have sealed a partnership to blend Snapchat’s virtual try-on function with Amazon’s e-commerce. Together the companies have established “3D asset standards” to bring Amazon’s eyewear catalog to virtual life. Now that images of these products have been prepared for augmented reality (AR), Snapchat’s 363 million users ...
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Article
Kering Eyewear doubles operating income in H1
Kering Eyewear sales increased by 50 percent year-on-year to a total of €591 million for the first half of the 2022 year. The eyewear unit was the fastest growing division of the larger Kering group whose total revenues for the period increased by 23 percent versus 2021. Kering ...
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News briefs
Maui Jim becomes eyewear supplier to DP World Tour
Maui Jim has signed a multi-year deal to become the official supplier of eyewear to the DP World Tour and its staff at events worldwide, with a presence at tournaments and on the tour’s social media. The Hawaiian brand has also become an official supplier to two Rolex Series events: ...
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News briefs
Kering issues dual-tranche bond
Kering announced on April 29 that it had issued a dual-tranche bond, each tranche being worth €750 million. One has a three-year maturity and a 1.25 percent coupon, the other an eight-year maturity and a 1.875 percent coupon. The group says the issue is in accordance with its active liquidity ...
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Article
Revenue boost for Kering Eyewear in Q1
Kering Eyewear quarterly revenues reached €300 million for the first quarter of 2022, a significant jump from the €185 million reported in the previous year. The eyewear division of Kering was the fastest growing unit in Q1 for the French luxury group, whose total reported sales increased by 27 percent ...
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Article
Kering Eyewear to acquire Maui Jim
Kering Eyewear is acquiring Maui Jim, the world’s largest independent brand of high-end sunglasses. The deal is subject to approval by regulators but should be complete by the second half of 2022. Speaking at a press conference this morning, Kering Eyewear’s president and CEO, Roberto Vedovotto, did not wish to ...
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News briefs
Maui Jim introduces lens for screen users
Maui Jim has released a lens designed to reduce eye strain for habitual users of digital screens, who are “constantly focusing and refocusing while shifting between various near objects.” The MauiPassport Boost comes in two flavors, both for single-vision wearers: the +0.50D Boost Zone, for mild to moderate eye fatigue, ...
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News briefs
Maui Jim is donating to Maui’s charities
Maui Jim is once again making donations to charities on its home island of Maui, in the state of Hawaii. So far this year, it says, the brand has made about $260,000 in such donations to support such causes as the arts, elderly care and family services. Recipients include Hale ...
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Maui Jim becomes official supplier to SailGP
Maui Jim is now the official eyewear supplier to SailGP, the international league of national sailing teams for Australia, Denmark, France, Great Britain, Japan, New Zealand, Spain and the U.S. According to Martijn Van Eerde, senior marketing director for EMEA and APAC, Maui Jim will be supplying the PolarisedPlus2 with ...
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Article
Luxottica facing €125m penalty from French competition watchdog
L’Autorité de la concurrence , the French market competition regulator, sanctioned Luxottica yesterday with a €125 million penalty for anti-competitive behaviors in France between 2005 and 2014. EssilorLuxottica immediately announced that it would appeal the decision, highlighting that the group had always conducted its business according to the ...
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News briefs
New DACH sales manager for Maui Jim
Maui Jim has appointed Anne Stahlecker as its sales director for the DACH region, a position that also includes the management of sales in Hungary, Poland and the Netherlands as well as the opening of new neighboring countries. A certified optician, Stahlecker has previously worked as DACH key ...
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News briefs
Maui Jim wins readers’ choice award in five categories
Maui Jim has come out on top in Vision Monday and 20/20 magazine’s EyeVote Readers’ Choice Award for 2020, winning in five out of 19 categories, more than any other brand. The categories are: Favorite Sunglass Company, Favorite Men’s Fashion Sunglass Brand (new category), Favorite Women’s ...