Eyewear sector shows resilience with strong Q1 results

Luxury eyewear continued to grow in 2025 even as other parts of the luxury market slowed. Recent first-quarter figures from major players underline the category's momentum.

Luxury eyewear including sunglasses and prescription frames grew an estimated 2 to 4 percent in 2025 to reach about 17 billion euros, according to Bain & Co. The category has stood out as an exception to the broader luxury slowdown since 2023.

Safilo Group reported first-quarter net sales of 272.9 million euros, up 0.4 percent at constant exchange rates. EssilorLuxottica posted a stronger performance with sales surging 11 percent year on year to 7.13 billion euros, driven by demand in North America and AI-enhanced frames from Ray-Ban and Oakley.

Several companies completed acquisitions that expand their reach. Marcolin was bought by VSP Vision in December 2025. Ace & Tate acquired Project Lobster in February this year to strengthen its position in Spain. Jimmy Fairly opened a New York store in December 2025 that has become its top-performing location.

Verwandte Artikel

Puig, the Spanish beauty conglomerate, announced a 4.7% like-for-like revenue increase to €1.2 billion in the first quarter of 2026. The company outperformed the premium beauty market amid challenges in key regions. CEO Jose Manuel Albesa highlighted strong growth in makeup and skincare.

Von KI berichtet

Burberry posted a 4% increase in comparable retail sales for the first quarter of its 2027 fiscal year, driven by strong demand in the Americas and Greater China. The British luxury brand said sales reached £455 million on a constant currency basis. Growth came despite a decline in the EMEIA region linked to lower tourist spending.

Adidas announced on April 29 that its first-quarter revenues for fiscal 2026 rose 14% year-on-year to €6.6 billion. The results coincided with the company's success at the London Marathon, where its athletes secured top spots and a women's world record. CEO Bjørn Gulden emphasized the brand's strong product demand and innovation efforts.

Von KI berichtet

Ermenegildo Zegna Group reported second-quarter revenues of 517.1 million euros, up 10.3 percent from a year earlier. The increase came despite softer wholesale sales in the EMEA region.

Hermès reported a 6% revenue increase in the first quarter of 2026, driven entirely by higher prices amid flat volume growth. The Middle East conflict led to a 6% sales drop in that region and a double-digit decline in its US-traded shares. Analysts view the sell-off as overdone, presenting a buying opportunity for long-term investors.

Von KI berichtet

PVH Corp. reported a 2% drop in first-quarter revenues and revised its full-year forecast downward due to ongoing challenges in Europe, the Middle East, and Africa.

Diese Website verwendet Cookies

Wir verwenden Cookies für Analysen, um unsere Website zu verbessern. Lesen Sie unsere Datenschutzrichtlinie für weitere Informationen.
Ablehnen