Last fiscal year ended on December 31, 2021
It represents the brand's turnover from the sales of finished goods through all of the distribution channels - retail, wholesale and e-commerce, after the deduction of returns, allowances for damaged or missing goods and any discounts allowed.
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
in Millions of EUR | 2021 | 2020 | Δ 2021/2020 | CAGR |
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Revenue |
It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.
Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.
It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.
It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.
in Millions of EUR | 2021 | 2020 | Δ 2021/2020 | 2019 | Δ 2020/2019 | 2018 | Δ 2019/2018 | CAGR |
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Total Revenue | ||||||||
Cost of Sales | ||||||||
Gross Profit | ||||||||
Operating Income | ||||||||
Net Income |
in Millions of EUR | 2021 | 2020 | Δ 2021/2020 | 2019 | Δ 2020/2019 | 2018 | Δ 2019/2018 | CAGR |
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Current Assets | ||||||||
Total Assets | ||||||||
Current Liabilities | ||||||||
Equity |
in Millions of EUR | 2021 | 2020 | Δ 2021/2020 | 2019 | Δ 2020/2019 | 2018 | Δ 2019/2018 | CAGR |
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North America | ||||||||
Europe and Middle East | ||||||||
Asia | ||||||||
South America | ||||||||
Europe | ||||||||
Other Countries |
Ray-Bans were first created in 1936. Some years earlier, Lieutenant John A. Macready (an American test pilot) returned from a balloon flight, complained that the sun had permanently damaged his eyes, and contacted Bausch & Lomb asking them to create sunglasses that would provide protection and also look sophisticated. On May 7, 1937, Bausch & Lomb took out the patent, and the Aviator was made available to the public.The prototype, known as Anti-Glare, had a frame weighing 150 grams. They were made of gold-plated metal with green lenses made of mineral glass to filter out infrared and ultraviolet rays. Pilots in the United States Army Air Corps immediately adopted the sunglasses.The army wanted sunglasses that would protect the soldiers' eyes from harmful light while maintaining a stylish look.[citation needed] The Ray-Ban Aviator became a well-known style of sunglasses when General Douglas MacArthur landed on the beach in the Philippines in World War II, and photographers snapped several pictures of him wearing them.Ray-Bans were quickly seen outside the army. They quickly gained popularity through other wars[vague] and even made a debut in the movies. In 1952, Ray-Ban created another style, the Ray-Ban Wayfarer, this time with plastic frames, which became popular soon after its release. By 1962, Ray-Ban started to create impact-resistant lenses. It was not until ten years later when the United States of America made impact-resistant eye wear mandatory through the FDA regulation. Wayfarer sunglasses were seen on movie stars, TV stars, and musicians. Ray-Ban still remains a top designer in the sunglasses industry with its constant changes of color, frames, and lenses.
The brand was owned by the Luxottica group. On March 5, 2019, Luxottica became 100% wholly-owned by EssilorLuxottica and its ordinary shares were delisted from the Milan Stock Exchange (Mercato Telematico Azionario - MTA), organized and managed by Borsa Italiana.
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