All Fielmann articles – Page 3
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ArticleFielmann reports 10% sales hike in Q3
The Fielmann Group reported a 10.0 percent revenue growth in Q3 as compared to the previous year, with total consolidated sales reaching €460.8 million, also up by 15.2 percent from the same quarter in 2019. Units sold increased by 3.6 percent to 2.17 million pairs of glasses, indicating a significant ...
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ArticleSynsam targets €690-€840 million valuation
Synsam, the leading optical retailer in the Nordics which recently declared its intention to go public, published its Introduction Public Offering (IPO) prospectus yesterday and announced that the first day of trading at the Nasdaq Stockholm stock exchange is scheduled for next Oct. 29. The complete document is available in ...
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ArticleEyewear industry stock prices up 3.5% in Q3
We are publishing here our quarterly update on the evolution in stock prices of public companies operating in our core eyewear market, including manufacturers, distributors or retailers of contact lenses, prescription lenses, eyeglasses and sunglasses. As shown in the chart below, the non-weighted average growth for the 22 companies included ...
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ArticleNew investor and strategic focus on Asia for FittingBox
FittingBox, the French-based provider of virtual try on (VTO) systems and other digital solutions, just announced that JINS, the fast-growing Japanese retail chain, had become a shareholder of the company. The investment by JINS allowed earlier financial investors, mainly French venture capital funds Kreaxi and LBO France that have been ...
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ArticleFielmann sees Q2 sales surge, confirms FY outlook
Fielmann saw external sales in its second quarter, ended June 30, rise by 56 percent to €474.9 million and group sales jump 60 percent to €407.7 million. The retail group enjoyed growth in all major markets thanks to the ongoing rollout of its omnichannel platform, an economic recovery fueled by ...
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ArticleFielmann business recovery accelerated in H1
The Fielmann retail group released preliminary figures for the first half of the current financial year during its annual general meeting on July 8. The company said that its business’ recovery accelerated in Q2 thanks to declining Covid-19 incidences on the optical market and to its ongoing internationalization and ...
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ArticleQ2 Stock price update: Essilux hits record high
We are giving here our quarterly update on the evolution of the stock price of 19 public companies operating in our core market, which grew by 9.4 percent on average between March 31 and June 30. 2021 - Q2 stock price chart The quarter was marked by the ...
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ArticleFielmann soft-launches lens fitting app
In the year 2020, despite the Covid-19 crisis and related retail restrictions, online sales of prescription eyewear in Germany stagnated at around one percent of total market sales according to the latest statistics from the national opticians’ association ( ZVA ). Commenting on this somewhat surprising data in Fielmann ’s ...
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ArticleFielmann enters Czech market, eyes France
During Fielmann ’s annual press conference, Marc Fielmann , CEO of the company, announced that the German-based retail group was about to enter the Czech Republic, a new step forward in its internationalization strategy. The first shop will be opened in Prague next month and the group ...
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ArticleInternationalization fueled Fielmann Q1 sales' growth
Fielmann Group reported a 9.2 percent year-on-year increase in external sales including VAT and changes in inventories to €444.9 million, a revenue level also higher than in Q1 2019. The increase was mostly attributable to the integration of the recently acquired Óptica Audiologia Universitaria business in ...
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ArticleEyewear industry stock prices up 10% in Q1
Following the publication for the first time of our industry stock market capitalization at the start of the year, we are providing here a quarterly update for the evolution of the stock price of 19 stock listed companies operating in our core market, showing its evolution between Jan. 1 and ...
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News briefs
German optical retailers’ customer service performance analyzed
Focus , a German business magazine, looked at the performance in terms of customer service for 22,000 companies operating in 150 different sectors in the country. The research published a couple of weeks ago was based on the analysis by artificial intelligence tools of tens of thousands of online messages ...
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News briefs
Fielmann opens 34th store in Italy
The German optical retailer Fielmann opened its 34th store in Italy and the sixth in the Veneto region. The store was opened in the center of Padua. It covers more than 270 square meters and carries over 850 models.
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ArticleEyewear industry stocks grew by 6% in 2020
We are publishing here for the first time our ranking of the main stock-listed eyewear industry companies, based on their stock market capitalization in euros at the end of 2020. The corresponding table also shows the change in market value from the previous year, both in local currency and euros. ...
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ArticleFielmann’s full-year sales slip to €1,425 million
In 2020, Fielmann ’s consolidated sales slipped to €1,425 million from €1,520.7 million, while external sales, which include value-added tax and inventory changes, totalled €1,625 million, down from €1,764.6 million a year earlier. The pre-tax profit will reach nearly €170 million, down from €253.8 million in 2019, according to preliminary ...
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ArticleFielmann buys Óptica & AudiologÍa Universitaria in Spain
In spite of the Covid-19 pandemic, Fielmann , the German-based optical retailer, keeps expanding, as mapped out in its Vision 2025 strategic plan, with the acquisition of Óptica AudiologÍa Universitaria , one of the leading retail groups in Spain. The transaction will complete on Dec. 31. The details ...
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News briefsFielmann appoints a new executive director
Fielmann has appointed K atja Gross as executive director in charge of human resources, effective on March 1. She takes over the responsibility from the company’s chief executive, Marc Fielmann , who held the position on an interim basis since 2018. As CEO, Marc Fielmann continues to ...
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News briefs
Fielmann opens its 31st store in Italy
Fielmann opened its 31st store in Italy in the town of Parma. The 150 square-meter store has a staff of six and is located in the town’s historic center. The German retailer is expected to open at least another store in the country by the end of the ...
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News briefsFielmann opens 30th Italian store
Fielmann has opened its 30th store in Italy. The more than 230 square meter shop is located in the center of Mantua. The German retailer plans to open at least two additional stores in the country by the end of the year. Fielmann entered the Italian market in ...
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ArticleFielmann warns that Covid second wave may affect full-year guidance
Fielmann confirmed its updated full-year guidance but warned that the introduction of restrictive measures in most of its markets to tackle the resurgence of the Covid-19 pandemic could prompt it to review its forecasts. The company currently anticipates external sales, which include value-added tax, to exceed €1.6 billion, but ...
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