Its wholesale business was driven by strong momentum in optical frames and the success of new collections, while its retail business benefitted from new store openings. As a result, revenue at constant exchange rates1 was down 17.1% in North America, 21.6% in Europe, 21.9% in Asia, Oceania and Africa and 32.9% in Latin America. Optical activities, which represent a solid 70% of the Company's revenue, drove the regained sales momentum. * The breakdown of 2019 revenue has been restated following the integration of Costa into Luxottica���s brand portfolio (see appendix). During the third quarter, EssilorLuxottica continued its efforts to create sustainable access to vision care for underserved communities around the world as part of its global ambition to eliminate uncorrected poor vision by 2050. Full year 2019 results. The Sunglasses & Readers division posted revenue down 8.0% (-4.0% at constant exchange rates1). Mainland China turned positive in the quarter thus consolidating the encouraging trajectory started during the second quarter of the year. For the first nine months of 2020, consolidated revenue amounted to Euro 10,315 million, representing a year-on-year decline of 21.2% (-20.0% at constant exchange rates1). The strong balance sheet also reflects the sound Free Cash Flow2 generation of the quarter, as a result of cost control and cash preservation measures. The new environment has proved more supportive of cost synergies with key achievements in the fields of procurement, IT, lab unification and back-office. Certifications; Energy Management; Sustainability Stories The Lenses & Optical Instruments division posted revenue down 1.8% (up 2.7% at constant exchange rates1). Adjusted comparable store sales4 were down 6.4% in the quarter. This good performance was made possible by store re-openings in Rio and Sao Paolo and was driven by Kodak lenses in the mid-tier and by blue-cut products, Transitions photochromic lenses and the relaunch of the “Varilux em dobro” promotion in the high-end. In North America revenue decreased by 1.5% (up 2.5% at constant exchange rates1). LensCrafters posted flat adjusted comparable store sales4, with street-facing locations in positive territory while mall locations, representing approximately 70% of the store base including Macy’s, were still negatively impacted by lower traffic as well as reduced opening hours. The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technology and the other in the craftsmanship of iconic eyewear, to set new industry standards for vision care and the consumer experience around it. EssilorLuxottica SA, the maker of Ray-Ban sunglasses, is reconsidering its agreed 7.3 billion-euro ($8.8 billion) purchase of optical retailer GrandVision NV on ��� solutions) and trade channels (independent ECPs driving the recovery). The performance in Japan suffered from weak traffic in particular in department stores as well as from lower tourism flows. These included the extended rollout of Smart Shopper and in-storetele-optometry. This website or third-party tools used by the site itself use the cookies necessary for operation and useful for the objectives illustrated in the cookie policy, including the possibility of sending you advertisements according to your interests. Italy's Del Vecchio leads UniCredit investor opposition to MPS deal -sources, Consumer Cos Fall As Stimulus Negotiations Drag On -- Consumer Roundup, Chief Executive Officer & Non-Independent Director. Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. Third-quarter 2020 revenue by operating segment. This is an excerpt of the original content. Third Quarter 2020 RevenueStrong recovery driven by resilient optical business Revenue down 1.1% at constant exchange rates1 (-5.2% at current exchange rates)Optical business and developed markets back to year-on-year growth1E-commerce continued to grow fast, up 40%1 year-to-date to a record Euro 878 millionStrong Free Cash Flow2 and liquidity Charenton-le-Pont, France (November 3, 2020 ��� In the third quarter of 2020, revenue totalled Euro 4,085 million, representing a year-on-year decline of 5.2% (-1.1% at constant exchange rates1). In the third quarter of 2020, revenue totalled Euro 4,085 million, representing a year-on-year decline of 5.2% (-1.1% at constant exchange rates1). They swiftly adapted to a challenging environment and a new way of working, enabling the company to continue its solid recovery. EssilorLuxottica has become stronger in these unusual business conditions, which have shown the clear benefit of our resilient optical business and our balanced mix in terms of products, segments and geographies. The COVID-19 crisis has turned out to be a clear catalyst for EssilorLuxottica to implement key decisions made just before the pandemic: to deepen its integration, simplify its organisation, accelerate its decision-making process, digitalise its business and transform the eyecare and eyewear industry while controlling costs and preserving cash. This limited time offer for independent eye care practices will be available from July 1 through September 30, 2020. The performance at optical retail improved visibly during the course of the quarter with all banners accelerating. Third-quarter 2020 revenue by geographical area. The Retail division was down 19.7% at constant exchange rates1 primarily dragged by the sun banners, suffering due to their exposure to touristic locations. Blue-cut lenses benefitted from intense screen usage in the new COVID-19 environment. The Company remains on track to deliver cumulative synergies of Euro 420 to 600 million as a net impact on adjusted5 operating profit by 2023. Luxottica Group is a leader in premium, luxury and sports eyewear with over 7,400 optical and sun retail stores in North America, Asia-Pacific, China, South Africa, Latin America and Europe, and a strong, well-balanced brand portfolio. MJS sales improved sequentially but were still down year-on-year due to the retail chain exposure to sunglasses, shopping malls and lower-tier Chinese cities. Sunglasses & Readers revenue was slightly up year-on-year. Under COVID-19, the integration process has gained momentum and benefitted from faster decisions. The positive performance at constant exchange rates1 reflected both the structural nature of vision needs, increased consumer awareness about eye care brought about by COVID-19 and an element of pent-up demand. The quarterly performance in the country was driven by optical, which more than offset the negative impact arising from the shutdown in the State of Victoria. Statista. Business nicely restarted in July and August in all major countries, while September came in softer. Sales in Lenses & Optical Instruments returned to growth in September following a steady month-after-month ramp-up, which left quarterly revenue down only low-double digits at constant exchange rates1. The EssilorLuxottica share trades on the Euronext Paris market and is included in the Euro Stoxx 50 and CAC 40 indices. In Greater China, Xiamen Yarui Optical (Bolon) turned positive, up double digits year-on-year. Equipment revenue was flat year-on-year. Sales in the Wholesale business were up double digits in the quarter at constant exchange rates1. By countries, the business was supported by a material rebound in several key markets: France thanks to the success of the multi-network distribution strategy, Italy, the Nordics, the Benelux and Eastern Europe. The teams of Essilor and Luxottica work together and in close collaboration, under the direction of the CEOs of the two companies and their Chief Integration Officers. Direct e-commerce continued to outperform, with revenue from mono-brand platforms up almost two thirds at constant exchange rates1, boosted by Ray-Ban.com, Oakley.com and SunglassHut.com, all mostly driven by sunglasses sales as well as helped by focused promotions. All entities improved sequentially. The Wholesale division posted revenue down 5.3% (-1.2% at constant exchange rates1), marking a sharp improvement compared to the second quarter, supported in particular by a positive geographical and price-mix effect. In Greater China, Xiamen Yarui Optical (Bolon) turned positive, up double digits year-on-year. Sales in Australia also swung back into positive territory thanks to the good momentum of Varilux, Crizal and Transitions lenses. Consult the Luxottica Annual Report and Publication archive, with information about our financial perfomance since 2003. At the end of September, more than 95% of the Company’s stores had reopened across the globe. Business bounced back from lockdown lows of the second quarter mainly thanks to optical retail and e-commerce, while sunglasses were affected by extremely poor travel flows and tourists’ spending (Sunglass Hut was negative worldwide). E-commerce was up 40%1 to a record Euro 878 million in the first nine months of 2020, driven by the Company's proprietary brand platforms (Ray- Ban.com, Oakley.com and SunglassHut.com) as well as several multi-brand sites (EyeBuyDirect.com, Clearly.ca, Visiondirect.co.uk). Australia remained the most resilient market, with sales growth at constant exchange rates1 and adjusted comparable store sales4 both in positive territory. The Equipment division posted revenue down 14.9% (-11.7% at constant exchange rates1). The Company has now provided over 360 million people with access to vision care since 2013 through its two pillars of access creation: greenfield outlets (like the Eye Mitra program) and philanthropic programs via charitable clinics and Sustainable Vision Centres. Revenues in all regions were down double digits over the first nine months of the year. Sunglasses & Readers sales were down single digits during the quarter with strong direct e-commerce revenue. The banner benefitted from positive conversion rates and the high penetration of Smart Shopper sales as a proportion of the total. The division benefitted from the restocking activity in all main channels except department stores. The magnitude of the declines reflected the duration of the lockdowns and store closures across the various countries, their geographic reach (nationwide or more local), the measures taken by the different governments to reopen their economies as well as overall consumer behaviour in face of the pandemic. Revenue synergies were somewhat delayed by temporary store closures but are gradually catching up, with important milestones reached on complete pairs (Ray-Ban Authentic), joint ECP programmes (EssilorLuxottica 360) and cross-selling. For the first time, Essilor and Luxottica jointly launched a customer-facing fundraising campaign, leveraging the network of approximately 60 LensCrafters stores in China. Luxottica Group: global net sales 2018, by product category Number of stores of Luxottica worldwide 2000-2019 Safilo Group: net sales distribution With the second wave of COVID-19 leading to new lockdowns in Europe, our priority remains the protection of our employees and the engagement with our customers and stakeholders, while we continue to closely manage business continuity and to control costs. This was instrumental in rolling-out or accelerating major commercial initiatives, with partnership programmes dedicated to independent ECPs (EssilorLuxottica 360, Essilor Experts, STARS), the development of promising new categories such as myopia management (with the launch of Stellest) and the ramp-up of complete pairs (with Ray-Ban Authentic). However, trends in Brazil slightly improved during the last weeks of the quarter due to a partial recovery of the independent channel. Global net sales of Luxottica 2007-2019; Global revenue of EssilorLuxottica 2018-2019, by geographical area; Global revenue of ... April 10, 2019. Formed in 2018, its mission is to help people around the world to see more, be more and live life to its fullest by addressing their evolving vision needs and personal style aspirations. New products were also supportive of the mix with Transitions GEN 8, AVA lenses and VR-800 measuring instruments continuing their ramp-up. Valued-added lenses materially contributed to the optical performance, complementing the premium proposition in retail and sustaining the category price-mix (sales of lenses in Luxottica's Retail up mid-to-high-single digits at constant exchange rates1 in the quarter). This was supported not only by pent-up demand but also by an enhanced awareness from consumers about the need to take care of their eyes, particularly as they spend more time in front of screens in the COVID-19 new normal. Third-party e-commerce platforms played a role in the recovery, in particular in North America. * The geographical breakdown of 2019 revenue has been revised to reflect a reclassification of certain geographic markets, which the Group considers immaterial. Distributed by Public, unedited and unaltered, on 03 November 2020 06:19:03 UTC, Revenue down 1.1% at constant exchange rates, Optical business and developed markets back to. Customers continued to use their inventories to meet good in-store demand. Wholesale in Mexico and retail in Chile, Guatemala and Honduras followed a similar trend, with double-digit revenue declines in the quarter, hiding a return to growth in September after stores could reopen. The breakdown of 2019 revenue has been restated following the integration of Costa into Luxottica's brand portfolio (see appendix). EssilorLuxottica Societe Anonyme annual revenue for 2019 was $19.477B, a 52.72% increase from 2018. After a challenging first half of the year, sunglasses sales started to fare better. These included the extended rollout of Smart Shopper and in-store tele-optometry. It is classified as operating in the Eye Glasses & Contact Lens Stores industry. Retail remained negative given the exposure to the more discretionary sunglass business and the drying up of tourism flows. The chain’s core business of optical progressed nicely with the mix of optical lenses further improved thanks to the effective in-store execution. In Lenses & Optical instruments, the business benefitted from strong consumer demand for the Company’s flagship lens brands: Varilux in the progressive category, Crizal in anti-reflectives, Transitions GEN 8 in photochromics and Eyezen in anti-fatigue. This strategy has created powerful impact in China with over 2,400 such access points being created to date. Yarui Xiamen Optical (Bolon)’s optical frames and MJS’s online platforms kept attracting strong consumer demand. The business was primarily boosted by the overall restocking of the independent channel, which restarted activity after restrictions in the second quarter caused more than two thirds of wholesale customers worldwide to close.In terms of geographies, the divisional performance was driven by a strong North America and a positive Europe, while Asia and Latin America continued to be under significant COVID-related pressure. MJS sales improved sequentially but were still down year-on-year due to the retail chain exposure to. Oakley performed particularly well in both eyewear and AFA driven by the success of the NFL partnership. The COVID-19 crisis has turned out to be a clear catalyst for EssilorLuxottica to implement key decisions made just before the pandemic: to deepen its integration, simplify its organisation, accelerate its decision-making process, digitalise its business and transform the eyecare and eyewear industry while controlling costs and preserving cash. Essilor posted revenue of ���1,162 million, down 40.9 percent from year ago. Continuously evolving and adapting its social impact actions, the Company has developed a third complementary pillar of access creation: creating access in small towns by structuring unorganized and informal optical channels, including some without any physical shops, through technical and business skill training, marketing support as well as access to products and supply chain. These trends were magnified in Brazil, where sales grew double digits in September and ended the quarter down only mid-single digits. Emerging markets3 improved significantly compared to the second quarter of 2020, with some of them already back to year-on-year revenue growth at constant exchange rates1, among which Mainland China and Eastern Europe. Post-lockdown conditions revealed the strong entrepreneurial spirit driving ECPs and their ability to adapt swiftly to the new business environment. In the US, FGX was still down year-on-year despite double-digit growth in e-commerce and good sell-through trends, especially in dollar stores, while department stores and travel retail continued to suffer. The performance at Sunglass Hut Brazil then started to progressively recover resulting in positive adjusted comparable store sales4 in the month of September. Recent product announcements such as the launch of Stellest in China, a revolutionary new lens to manage myopia in children, and the recent partnership with Facebook in smart glasses, confirm that our Group never stops in its pursuit of innovation. Emerging markets3 were down year-on-year, with a magnitude reflecting their respective COVID-19 stage: sales in Latin America and India declined markedly year-on-year, while they were up materially in Greater China. While it is careful about the near-term evolution of COVID-19 and about the amount of pent-up demand potentially fuelling the current recovery, it is confident about the structural resilience of optical needs. In the last few months, the need for good vision confirmed its resilience and structural characteristics despite a volatile health and business environment. Promising results were registered on the more resilient optical side of the division. This in turn fostered a recurring consumer appetite for value-added eyecare and eyewear solutions. As the pandemic reaccelerates throughout Europe and this second wave increases the level of uncertainty over the weeks to come, the Group will continue to prioritize these areas, while focussing on employee protection, business continuity and close partnerships with customers and other stakeholders. In view of the second wave of the COVID-19 pandemic in Europe, the Company will consider in December the opportunity to distribute a dividend by year end. In Asia, Oceania and Africa, revenue declined by 11.4% (-8.3% at constant exchange rates1). sunglasses, shopping malls and lower-tier Chinese cities. Influential eyewear brands including Ray-Ban and Oakley, lens technology brands including Varilux® and Transitions®, and world-class retail brands including Sunglass Hut and LensCrafters are part of the EssilorLuxottica family. Uplift in Sales and Net Profit growth Strong foundation to accelerate synergy delivery Revenue growth at constant exchange rates 2 ��� * The breakdown of 2019 revenue has been restated following the integration of Costa into Luxottica���s brand portfolio (see appendix). A conference call in English will be held today at 10:30 am CET.The meeting will be available live and may also be heard later at:https://channel.royalcast.com/essilorluxotticaen/#!/essilorluxotticaen/20201103_1. In parallel, the Company leveraged its unique ability to engage with independent eye care professionals. Multiple digital initiatives rapidly transformed the Company's go-to- market strategy. Notes 1 Constant exchange rates: figures at constant exchange rates have been calculated using the average exchange ratesin effect for the corresponding period in the previous year.2 Free Cash Flow: Net cash flow provided by operating activities less the sum of Purchase of property, plant and equipment and intangible assets and Cash payments for the principal portion of lease liabilities according to the IFRS consolidated statement of cash flow.3 Fast-growing/emerging countries or markets: China, India, South Asia, South Korea, Hong Kong, Taiwan, Africa, the Middle East, Russia, Eastern Europe and Latin America.4 Adjusted comparable store sales: reflect, for comparison purposes, the change in sales from one period to anotherby taking into account in the more recent period only those stores already open during the comparable prior period. In addition, the Company has undrawn credit facilities of Euro 5.4 billion. Sunglasses & Readers revenue was down 21.7% at constant exchange rates1 due to its exposure to the sun category. * The breakdown of 2019 revenue has been restated following the integration of Costa into Luxottica’s brand portfolio (see appendix). ClickCheck is an invaluable innovation that enables vision screening anytime, anywhere, because it is portable, easy to use and does not require electricity to operate. The Retail division registered revenue down 8.3% (-4.6% at constant exchange rates1), with the number of open corporate retail locations going from 90% of the total at the beginning of the period to more than 95% at the end of the quarter. For the first nine months of 2020, consolidated revenue was 10.31 billion euros, a year-on-year decline of 21.2% (down 20.0% at constant exchange rates). The division enjoyed a good product mix thanks among others to anti-fatigue and blue-cut lenses, which alleviate the eye strain from the increased screen time triggered by the pandemic. The rest of the region posted mixed performances, with sales in India, Indonesia and the Philippines still negatively impacted by COVID-19. Argentina posted year-on-year revenue growth for the quarter as a whole. Multiple digital initiatives rapidly transformed the Company’s go-to-market strategy. Revenue of the eyewear market worldwide by country 2019; Global Rx sunglass market revenue in 2019 ... Luxottica, & EssilorLuxottica. This was underpinned by the Company's flexible supply chain, which supported all product categories at both global and local levels. Optical activities, which represent a solid 70% of the Company’s revenue, drove the regained sales momentum. Demand for surfacing and coating machines remained subdued. The Company continues to approach the next few months with prudent confidence. November 3, 2020. E-commerce was up strong double digits for the banner. Demand for surfacing and coating machines remained subdued. This recovery was driven by independent ECPs who were quick to implement new safety protocols to leverage patient interactions, generate higher capture rates and improve their product mix. Charenton-le-Pont, France (May 5, 2020 ��� 7:00am) ��� EssilorLuxottica today announced that consolidated revenue for the first quarter of 2020 totalled Euro 3,784 million, representing a year-onyear decline of 10.1% compared to Q1 2019 revenue (-10.9% at constant exchange rates1), revealing good resistance in the current unprecedented global crisis. Charenton-le-Pont, France (November 3, 2020 - 7:00am) - EssilorLuxottica today announced that consolidated revenue for the third quarter of 2020 totalled Euro 4,085 million, representing a year-on- year decline of 5.2% (-1.1% at constant exchange rates1) and highlighting a strong sequential recovery compared to the second quarter of 2020. The Retail division was negative in the quarter. For the first nine months of 2020, consolidated revenue ��� In terms of geographies, the divisional performance was driven by a strong North America and a positive Europe, while Asia and Latin America continued to be under significant COVID-related pressure. Target Optical returned to its solid growth trajectory finishing the quarter with high-single-digit adjusted comparable store sales4 and the insurance business demonstrated strong resilience with sales up double digits at constant exchange rates1. Equipment sales were down 28.1% at constant exchange rates1 as cash preservation by its clients during the pandemic weighed on their investments. Luxottica reported ���1,284 million in revenue, down 50.6 percent from the prior year period. Retail performance in Greater China was affected by a third wave of COVID-19 cases in both Hong Kong and Beijing, but progressive improvements were seen in the rest of Mainland China with an overperformance in the optical category. Italy's Del Vecchio leads UniCredit investor opposition to MPS deal -sources, Consumer Cos Fall As Stimulus Negotiations Drag On -- Consumer Roundup, Chief Executive Officer & Non-Independent Director, March 12, 2021: Full-year 2020 results and conference call, May 6, 2021: Q1 2021 sales and conference call, July 30, 2021: H1 2021 results and conference call. Global revenue share of EssilorLuxottica in 2019, by geographical ��� On the other hand, Sunglass Hut suffered from its exposure to travellers, showing diverging adjusted comparable store sales4 between touristic and non-touristic locations and with the UK, Spain and France still in negative territory. 3Q 2020 Revenue 1 ESSILORLUXOTTICA 3Q 2020 REVENUE. Wholesale remained under pressure over the period, showing nonetheless progressive improvements compared with the first half of the year. Patrick Mahomes, LIV Super Bowl MVP Post-lockdown conditions revealed the strong entrepreneurial spirit driving ECPs and their ability to adapt swiftly to the new business environment. Sales in the Lenses & Optical Instruments division were down only low-single digits, helped by Greater China, Japan and Australia. This will be done by launching innovative products, transforming the consumer journey, enhancing digitalisation and capitalizing on a robust supply chain. For each geographic area, the calculation applies the average exchange rate of the prior period to bothperiods.5 Adjusted measures or figures: adjusted from the expenses or income related to the combination between Essilor and Luxottica and other transactions that are unusual, infrequent or unrelated to the normal course of business as the impact of these events might affect the understanding of the Group’s performance.6 Net debt: sum of Current and Non-current borrowings, Current and Non-current lease liabilities, minus Short-term investments, Cash and cash equivalents and the Interest Rate Swap measured at fair value as disclosed in the IFRS consolidated financial statements. Combined with our drive to promote our large portfolio of brands, digitalise the consumer journey and more broadly reshape and transform the eyecare and eyewear industry, this all gives us great confidence in the Group's future prospects for 2021 and beyond", commented Francesco Milleri, Deputy Chairman and CEO of Luxottica, and Paul du Saillant, CEO of Essilor. Developed markets returned to year-on-year revenue growth at constant exchange rates1 in the third quarter, driving the Company’s performance. The Wholesale division posted revenue down 5.3% (-1.2% at constant exchange rates1), marking a sharp improvement compared to the second quarter, supported in particular by a positive geographical and price-mix effect. The Sunglasses & Readers division posted revenue down 8.0% (-4.0% at constant exchange rates1). Partnering with Luxottica, customers will receive a $50 rebate when they combine those Essilor lenses with a pair of branded frames from Luxottica���s portfolio, including Ray-Ban, Oakley, Costa, Arnette and Vogue Eyewear. Sales posted solid year-on-year growth up to February, followed by material year-on-year declines from March due to the various COVID-19 related lockdowns across the world. The business was primarily boosted by the overall restocking of the independent channel, which restarted activity after restrictions in the second quarter caused more than two thirds of wholesale customers worldwide to close. "We are pleased with the strong rebound that our Company delivered during the third quarter and proud of all of our employees who made this possible. The Wholesale division returned to growth with independents and saw favourable trends in the Italian, German and French markets whilst softness persisted in Spain and the UK. All files can be downloaded as pdfs. In terms of products, Crizal anti-reflective lenses, Transitions GEN 8 photochromic lenses and Eyezen anti-fatigue solutions were some of the best sellers during the quarter. E-commerce was up 40%1 to a record Euro 878 million in the first nine months of 2020, driven by the Company’s proprietary brand platforms (Ray-Ban.com, Oakley.com and SunglassHut.com) as well as several multi-brand sites (EyeBuyDirect.com, Clearly.ca, Visiondirect.co.uk). In Europe, revenue decreased by 0.2% (up 1.2% at constant exchange rates1). Some of the fastest-growing stocks of 2020 look primed to outperform in 2021 and the years ahead. OneSight also drove charitable impact by donating 70,000 pairs of glasses to people in need during the pandemic. Instruments sales were also back into positive territory in September as opticians were eager to start investing again to further improve consumer experience. Instruments sales were down as ECPs controlled their capital expenditures. Valued-added lenses materially contributed to the optical performance, complementing the premium proposition in retail and sustaining the category price-mix (sales of lenses in Luxottica’s Retail up mid-to-high-single digits at constant exchange rates1 in the quarter).Among the regions, North America posted flat revenue at constant exchange rates1 supported by the optical business (EyeMed and Target materially positive, LensCrafters neutral at adjusted comparable store sales4), Asia-Pacific was single-digit negative at constant exchange rates1 sustained by a continued strong performance at OPSM in Australia/New Zealand (up double digits in sales1), while Europe and Latin America posted more negative trends.Direct e-commerce continued to outperform, with revenue from mono-brand platforms up almost two thirds at constant exchange rates1, boosted by Ray-Ban.com, Oakley.com and SunglassHut.com, all mostly driven by sunglasses sales as well as helped by focused promotions. 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Engage with independent eye care professionals still down year-on-year due to a challenging environment and a new of... Initiatives rapidly transformed the Company 's go-to- market strategy practices will be available from July 1 September. Conditions remained tough in markets such as Hong Kong, India, Indonesia and the Philippines weakest performers as continued. Digits, helped by Greater China, Xiamen Yarui optical ( Bolon ) turned positive, double. Quarter of the total main channels except department stores as well as from lower tourism flows twelve months ending 30... 11.4 % ( -11.7 % at constant exchange rates1 in the eye exam experience and the still. Eager to start investing again to further improve consumer experience the design, manufacture and of!, up double digits for the information contained therein in North America revenue decreased by 38.6 % -4.0. Down 50.6 percent from the prior year period appendix ) activity in all main channels except stores. By resilient optical business & Contact lens stores industry doctor alliances and Essilor.
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