Ray-Ban owner issues warning after UK sales fall Retail The owner of Ray-Ban has issued a warning over its performance this year after its UK sales and profit fell in 2024. The UK arm of Luxottica Group said the increase in the cost of goods and services is expected to negatively impact its gross and operating profit this year. The group added that the [...]
Vision Express makes first profit since 2016 as sales near £400m Retail Vision Express returned to the black for the first time since 2016 as its sales jumped towards the £400m during its latest financial year, it has been revealed. The Nottinghamshire-headquartered company has reported a pre-tax profit of £7.9m for 2023, having posted a pre-tax loss of £173,000 in 2022, according to newly-filed accounts with Companies [...]
Ray-Ban owner blames wet British summer for slower sales Fashion "One of the wettest summers in recent history" dimmed the rise in sales at the owner of Ray-Ban in 2023, it has been revealed.