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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle
Asharq Al-Awsat

Ray-Ban Maker EssilorLuxottica Posts Higher Quarterly Revenue

A Ray-Ban sunglass frame is pictured for sale in a Sunglass Hut, both brands owned by EssilorLuxottica SA, in Manhattan, New York City, US, November 30, 2021. (Reuters)

French-Italian eyewear group EssilorLuxottica SA reported a sharp rise in first-quarter revenue on Friday, helped by strong performance across most regions.

The maker of Oakley and Ray-Ban sunglasses reported revenue of 5.61 billion euros ($6.09 billion) for the first three months of the year, up 38.1% from a year earlier at current exchange rates.

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