All Paris Miki articles
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ArticleSlight average eyewear stocks price hike in Q1 reflects extreme ups and downs
The average stock price of public eyewear companies inched up by 1.6 percent on a non-weighted basis during the first quarter of 2024, slowing down from the 8.4 percent growth calculated for Q4 2023. The Q1 2024 performance also fell short of the 8.1 percent quarter-on-quarter growth of the MSCI ...
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ArticleParis Miki reports Q3 slowdown despite booming sunglass segment
Paris Miki has announced a 2.6 percent year-on-year increase in Q3 revenue to 12,689 million Japanese yen (€78 m), slowing down from the 8.7 percent growth reported for the previous quarter. The Japanese-based retailer’s quarterly revenue uptick was driven by its domestic market where sales rose by 2.8 percent to ...
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ArticleStore network upgrade, digitization and HR key to Paris Miki rebound
Like all well-established Japan retailers across all sectors, Paris Miki is facing an apparently unsolvable equation: finding sustainable growth in a country where the population is forecast to decline by approximately five percent every ten years. While many of these companies are heavily investing to develop their business abroad, particularly ...
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ArticleEyewear stock price up 8% in Q4, sector market capitalization up 10% year-on-year
Along with our usual quarterly update on public eyewear companies’ stock price variations, we are also publishing in the table below the year-on-year changes to provide a longer-term perspective, as well as our annual market capitalization ranking further down on this page. After a negative third quarter, the average stock ...
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News briefs
Sunglasses drove Paris Miki’s H1 growth
Japanese-based retail group Paris Miki has reported a 6.7 percent year-on-year increase in revenue to 25.2 billion Japanese yen (€154 m) for the first half of its fiscal year, with growth pace accelerating in the second quarter ended Sept. 30. Sales in the domestic market rose by 6.1 percent to ...
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ArticleEyewear companies' average stock price down in Q3
After two consecutive quarters of double-digit growth, the average stock price of eyewear companies went down by an average 7 percent on a non-weighted basis (see chart below) in the quarter ended Sept. 30. This also marks an unusual underperformance compared with the MSCI World Index, a global index comprising ...
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News briefs
Good Q1 for Paris Miki
Japanese-based retail group Paris Miki has reported a 4.5 percent year-on-year increase in Q1 revenue to 12.0 billion Japanese yen (€76 m) as both its domestic and overseas markets saw the impact of the COVID-19 pandemic fade. Sales in Japan, accounting for roughly 90 percent of the group’s total, were ...
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ArticleTwo retail groups top our Q2 stock price chart
Stock prices of eyewear industry companies confirmed in Q2 their upward trend started in the previous quarter. On a non-weighed average basis, they increased by 12.5 percent quarter-on-quarter overperforming the 6.3 percent rice of MSCI World, a global index comprising over 1,500 companies. EWI Stock price chart Q2 2023 ...
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ArticleParis Miki reports sales rebound and return to operating profit for 2022-23
Japanese-based retail group Paris Miki ended its fiscal 2022-23 year on a high note with total sales increasing by 9.2 percent year-on-year to 11,387 million Japanese yen (€76 m) in Q4 and sharply accelerating from the 4.9 percent growth reported for Q3. The rebound was equally shared between the company’s ...
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ArticleEyewear stocks start 2023 on the right foot
Stock prices of eyewear companies were off to a good start of the year, with an average growth of 13 percent on a non-weighted basis in Q1 2023 compared with Q4 2022. It is the first time in more than a year that their average value significantly increased, overperforming the ...
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News briefs
Paris Miki up 5 % in Q3
Japanese retail group Paris Miki’s revenue increased by 4.9 percent year-on-year to 36.0 billion Japanese yen (€250m) in the third quarter of its 2023 year. For the first nine months, total sales were up by 7.0 percent versus 2022. Q3 revenue in Japan rose by 5.0 percent to ¥31.9 billion ...
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News briefs
Paris Miki sales up 5.6 percent in Q2
Paris Miki has reported a 5.6 percent year-on-year increase in total sales to 12,139 million Japanese yen (€84 m) for the second quarter of 2022, slowing down from the double-digit growth posted in Q1. Quarterly sales in Japan, which accounts for almost 90 percent of the group’s business, progressed by ...
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News briefs
Paris Miki back in the black in Q1
Japanese-based retail group Paris Miki has reported a 10.9 percent year-on-year increase in Q1 revenue to 11.5 billion Japanese yen (€83m). The overall growth was driven by the Japanese market where company sales rose by 11.9 percent versus Q1 2021, totalling ¥10.3 billion (€74m), with comparable store sales up by ...
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ArticleParis Miki to invest €50m in 3-year turnaround plan
Paris Miki revenues inched up to 44.1 billion Japanese yen (€308m) in its fiscal year ended in March 2022, a 0.5 percent increase compared to the previous year. It is only the second time in the last decade that the retailer saw its sales go up year-on-year as the group’s ...
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ArticleEyewear industry stock prices down 13% in Q1
The first quarter of 2022 was the worst quarter for global equity markets since the first quarter of 2020 when the Covid-19 pandemic started spreading worldwide, leading to travel restrictions and lockdowns and prompting stock markets to collapse in March. Since the start of this year, the U.S. equity market ...
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Article
Paris Miki downgrades FY forecast
Japanese-based retail group Paris Miki continued to struggle in the third quarter of its FY03/22 financial year, with group revenues declining by 3.0 percent year-on-year to 11,792 million Japanese yen (€90.1m-$102.4m), however slightly improving from the 11.2 percent drop reported for the previous quarter. By region, the group reported a ...
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News briefs
Paris Miki dragged down by Japanese market in Q2
Paris Miki Holdings, the Japanese-based optical retail group, reported a 11.2 percent year-on-year drop in revenues to 11,494 million Japanese yen (€88.5m-$100.5m) for its second quarter, as a strong decline in its domestic market could not be offset by an improved performance overseas. As compared with 2019, total sales for ...
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News briefs
Paris Miki Q1 sales up y-o-y but still below pre-Covid levels
Paris Miki Holdings, the Japanese-based optical retailer, reported Q1 revenues of 10,376 million Japanese yen (€79.6m-$94.3m), representing a 28.5 percent increase from the same quarter in the previous year. However, the company’s topline has not returned to pre-Covid level as it reported ¥12,252 million (€93.9m-$111.3m) in Q1 2019. On a ...
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News briefs
Paris Miki sales down 9% last year
Paris Miki Holdings , the Japanese-based optical retailer, reported Q4 revenues of 10,691 million Japanese yen (€80.3m-$98.2m), representing a slight 0.5 percent increase from Q4 2020. However, the partial recovery in the second half of the fiscal year could not offset the double-digit revenue drops in Q1 and Q2, leading ...
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ArticleEyewear industry stocks grew by 6% in 2020
We are publishing here for the first time our ranking of the main stock-listed eyewear industry companies, based on their stock market capitalization in euros at the end of 2020. The corresponding table also shows the change in market value from the previous year, both in local currency and euros. ...
