Despite the wars between Europe and the Middle East, inflation, and trade barriers in the US, Essilorluxottica concluded the first quarter of the year with revenues of €7.12 billion, a 10.8% increase. Despite uncertainty, the North American market grew by 12.5%, while Europe and the Middle East had a 9.5% increase. China shocked the market with growth of just under 10%, powered by myopia management solutions, which rose by 18% and 26% internationally, respectively, thanks to the contributions of Stellest lenses, Nikon (in which Essilux owns 20%), and Kodak. This is "the third consecutive quarter of double-digit growth", said Francesco Milleri, the group's president and CEO. Ray-Ban and Oakley had the best frame sales. In lenses, the primary driver was innovation, which was pushed by myopia solutions. With 7 million units sold by the end of the year, artificial intelligence glasses are proving to be a lucrative business. The group also announced a bonus of up to more than €4,000 for its 20,000 employees in Italy.