Another channel driving the growth has been the independent ECPs, leading the recovery through their entrepreneurship, accessibility and product assortment. So overall you see an interesting dynamic when you look at our performance by division.Р”В«y channel, E-commerce up 40% year-to-date to a record close to РІвЂљВ¬900 million of sales, driven by the proprietary brand platforms like, ,, but also by multi-brand sites like, which performed very strongly. And Retail significantly narrowed its decline, thanks to optical models and lenses, which were all up during the quarter. Wholesale bounced back very nicely, thanks to the independent channel and the timing of new models. If you look by division, the Lens & Instrument was up year-on-year, driven by increased consumer awareness for eyewear, appetite for branded product and some pent-up demand. And this, with a positive mix in terms of product, channels and countries. Most important is to flag that most activities were back to growth.

Our Q3 revenue was down very slightly at constant currency, only 1.1% negative. Now a few highlights before Stefano goes in more detail on the business review. So as a first introductory comment, I really wanted to lay out some of those key ideas. All this while controlling strictly cost and preserving cash. So COVID has been a clear catalyst and it has been a clear catalyst for our market, but also for us, at EssilorLuxottica, to deepen our integration, simplify our organisation and accelerate decision process. A very strong acceleration of our digitalisation. An amazing entrepreneurial spirit of our 400,000 ECP customers, who have been managing this crisis and the reopening of the store with great agility. More than 95% of our stores, Stefano will say more about this, are open. They are :Р”Р„ clear mission and purpose to address the need for good vision, particularly well suited to the current well-being needs of billions of people, 'see more, be more' the structural resilience of vision needs the enhanced consumer awareness for eyecare since people spend more and more time on screens and our new product services well suited to the new environment. Thanks to that, we have got many good news to share today, while fully realising the complexity of the world around us. All our employees have responded with great resilience, commitment and adaptability. So first I would really like to start with a word of gratitude to them on behalf of Francesco Milleri, our management teams and I.Р”Вuring COVID, and again today with its reacceleration in Europe, our priority is to keep a high team spirit and everybody safe. Today, we published solid numbers, which were made possible by the commitment of our teams. I'm delighted to welcome you to our Q3 conference call together with our co-CFOs, Stefano Grassi and David Wielemans, as well as our IR team.

I will now hand you over to your host, Paul du Saillant, CEO of Essilor International, to begin today's conference. Operator: Hello, and welcome to the Q3 results call of EssilorLuxottica.

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