All Sunglass Hut articles
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News briefs
Sunglass Hut partners with Ready Player Me for virtual eyewear
Sunglass Hut, the retail banner of the EssilorLuxottica group, has started collaboration with Ready Player Me, an avatar platform for apps and games, to offer digital sunglasses to users who want to customize their digital avatars. Since last Sept. 14, customers can visit a selection of eight of Sunglass Hut ...
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Article
EssilorLuxottica revenue up 8.2 % in Q3
EssilorLuxottica reported revenue of €6,394 million in Q2 2022, up by 17.0 percent from the same period last year. On a comparable basis, both in terms of business scope and currency, the topline was up by 8.2 percent marking a slight acceleration from the 7.0 percent growth posted in Q2. ...
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EssilorLuxottica profits up in H1 but sales decelerated in Q2
EssilorLuxottica has reported a 36 percent year-on-year increase in revenues to €6,387 million for the second quarter of 2022, with most of the growth attributable to the integration of the GrandVision business. On the comparable proforma basis prepared by the group, which adjusts 2021 figures as if GrandVision had been ...
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News briefs
EssilorLuxottica in talks for Ray-Ban stores in India
EssilorLuxottica has confirmed being in negotiations with Reliance Brands for a partnership to jointly open Ray-Ban stores in India, following a report by the Indian business publication The Economic Times. The Italo-French company added that exploring new retail opportunities under brands like Ray-Ban was part of its group strategy and ...
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Strong Q1 for Essilux
Except for a slight deceleration in the U.S. market, all lights were green in the first quarter of the 2022 fiscal year for EssilorLuxottica with its two operating segments and all regions gaining momentum compared to the previous quarter. In reported terms, total revenue jumped by 38 percent year-on-year to ...
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Article
EssilorLuxottica revenues top 2019 level
EssilorLuxottica confirms its growth trajectory started in the second half of 2020, with sales for the first quarter surging by 7.3 percent from the year-ago quarter to €4,060 million, or by 14.3 percent in constant currencies. This is even 1.9 percent above the level of the first ...
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News briefs
Luxottica to open 250 Sunglass Huts shop-in-shops in Hudson stores
Luxottica , the Italian frame manufacturing unit of the EssilorLuxottica group, will open 250 Sunglass Hut shop-in-shops in Hudson stores and localized convenience concepts across North America. The decision comes after a successful pilot at Richmond International Airport earlier this year. Hudson plans to open nine additional ...
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Article
Macy’s’ credit rating downgraded to ‘BB’ by Fitch
Macy’s credit rating was cut by Fitch , as, like many other American department stores, the retailer suffered from coronavirus-related lockdowns. EssilorLuxottica ’s unit Luxottica is present in Macy’s’ network with its LensCrafters and Sunglass Hut banners.