Fielmann reports Q1 slowdown, expects investment plans to temporarily pressure margins
Fielmann Group reported a 1.3 percent year-on-year increase in revenue to €613 million for the first quarter of fiscal 2026, a sharp slowdown from the 7.4 percent rise in fiscal 2025. At constant exchange rates, sales were up 2.3 percent. The German retailer said the modest growth came despite a ...
Bausch + Lomb contact lens sales rise 8% in Q1
Bausch + Lomb reported contact lens sales totaling $254 million in the first quarter of 2026, up by 8 percent compared to the year earlier and 5 percent higher at constant-currency rates. Growth continued to be driven by sales of the daily silicon hydrogen lens franchise, which jumped by 23 ...
EssilorLuxottica management confident in stock market rebound
Opening EssilorLuxottica’s annual shareholder meeting in Paris, Chairman and CEO Francesco Milleri started by stressing the group’s achievements over the past year and the ongoing profound transformation of its business from vision correction to medtech: “We aim to lead in preventive medicine, transforming vision care into a gateway for healthier ...
Synsam aims to expand international outreach with “major” investment in Haaland partnership
Synsam Group is partnering with Norwegian football star Erling Haaland for the launch of an eyewear collection including prescription eyewear, sunglasses and sport glasses. The Erlind Haaland Eyewear Collection-branded range will include a total of 64 different frames for women, men and children, as well as a capsule collection of ...
Del Vecchio heir and Essilux manager increases stake in controlling shareholder Delfin
Leonardo Maria del Vecchio, Chief Strategy Officer at EssilorLuxottica and one of the heirs of Luxottica founder Leonardo del Vecchio, has reached a deal that will make him the largest shareholder in Delfin, the Del Vecchio holding company that in turn controls Essilux with a 32.4 percent stake.
Spain to face shortage of opticians, FEDAO warns
Spain’s boomers are retiring, and its subsequent generations have produced too few opticians to replace them. The warning comes from FEDAO, the federation of Spanish optical trade associations, which with Deloitte’s help has confirmed a structural deficit in the industry. The 2025 edition of FEDAO’s Libro blanco de la visión ...
Essilux topline still up double digits in Q1 despite wholesale slowdown
EssilorLuxottica reported Q1 sales up 4.1 percent year on year to €7,127 million, or 10.8 percent at constant exchange rates, with the gap largely reflecting the weaker US dollar against the euro in recent months. “With the third consecutive quarter of double-digit growth, we once again demonstrate the strength and ...
Safilo in exclusive talks to acquire Spy+ and Serengeti from Bollé Brands
Safilo Group appears set to acquire the SPY+ and Serengeti brands from Bollé Brands, after the signature of an exclusive agreement between the two companies was announced earlier this week. Although no transaction has been finalized at this stage as discussions are still ongoing, the deal seems very likely to ...
SWITCH event highlights EssilorLuxottica’s accelerated wholesale momentum
EssilorLuxottica held the European edition of its SWITCH: Vision Innovation Summit in Monte Carlo on April 13–15, roughly one month after the first event in Orlando. Announced in October last year, the B2B event presented the group’s innovations and technology-driven sector evolutions to wholesale partners and eye care professionals in ...
Kering Eyewear expects 'execution' and AI glasses to drive next growth phase
Kering presented yesterday ReconKering, its strategic turnaround plan, to investors during its Capital Markets Day (CMD) in Florence, Italy. “ReconKering is designed to restore clarity, rebuild execution discipline and place the Group back on a long‑term leadership trajectory,” the official release reads.
Julbo tops €50m in sales as new owner builds on brand heritage
After more than 135 years of history, including over four decades under the leadership of the Beaud family, Julbo was acquired by Peugeot Frères Industries, the investment arm of the Peugeot family, in 2022. We recently sat down with Damien Guillobez, CEO of Julbo, to discuss the sport eyewear company’s ...
Eyewear remains 'highly attractive and reliable growth engine' for Kering
Kering Eyewear quarterly revenue reached a record high of €489 million in Q1, growing by 3 percent year on year or by 7 percent on a comparable basis. The performance marks a significant acceleration from Q4 2025 when sales declined by 2 percent (+3 percent in comparable terms).
Revenio Group acquires Visionix in €290m deal
Revenio Group, a Finnish-based public company supplying eye care devices and software, announced yesterday the acquisition of Visionix, the French-based group specializing in eye care diagnostics and measurement instruments.
JINS finds “second growth engine” overseas as domestic business disappoints
JINS HOLDINGS lowered its full-year outlook for fiscal 2025/26 (ending Aug. 31) after first-half results showed a mixed performance: double-digit revenue growth but a sharp drop in domestic profitability.