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EssilorLuxottica posts 2023 revenue growth of 7.1 percent

In the fourth quarter, EssilorLuxottica posted revenue of 6,250 million euros, up 7.1 percent at constant exchange and 2.4 percent. The full year closed at 25,395 million euros revenue, up 7.1 percent at constant exchange rates. In terms of margins in 2023, the adjusted operating profit and the adjusted group net profit grew respectively by 7.7...

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Retail

Ray-Ban launches e-com platform to check counterfeits

Iconic sunglasses brand Ray-Ban launched its e-commerce platform in India after converting its India website. In doing so it joins the hosts of other global brands such as Puma and Adidas. This has been done to fight off counterfeits that flood online marketplace. Earlier the website functioned only as a reference point. The proliferation of...

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