All Krys Group articles
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ArticleOrganic growth and network expansion fuel Krys Group momentum
KRYS GROUP claims that it consolidated its market leadership in France last year as solid organic growth and the “exceptional” expansion of its retail footprint enabled the company to outperform the French optical market growth (+5.5 percent according to GFK) by three percentage points. Total network sales in the country ...
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News briefs
French families rank their favorite optical chains
“Marques et familles” (Brands & Families), a French marketing organization researching French families’ favorite brands in different sectors, has released the results of the 10th edition of its survey which was based on a poll with close to 2,000 families at the end of 2023. In the optical retail category, ...
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News briefsKrys joins the second-hand market
Krys has become the exclusive lens supplier for Seecly, the online marketplace for the sale of second-hand, reconditioned or old frames. Seecly is headquartered in France, operating there and in five other European countries. It appears from the company’s website, however, that its vendors must conduct their business from France. ...
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News briefs
Krys Group launches full OFG lens range
KRYS GROUP has announced that CODIR, its industrial and logistics subsidiary located outside Paris, was launching a complete range of Origine France Garantie (OFG)-certified lenses. More rigorous than the Made in France marking, the OFG certification guarantees that at least 50 percent of the product’s added value was acquired in ...
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News briefs
70% of French parents open to remote eye exams, report finds
KRYS GROUP and research company IPSOS have announced the main results of their annual survey on various issues related to eye health in France. Among the main conclusions, the research showed that the screen use time of 3 to 10 year-old children has increased by 10 percent from 2022, reaching ...
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ArticleKRYS GROUP to raise lens production capacity by 30%
KRYS GROUP has announced the completion of the building of its new plant at its CODIR industrial and logistic center in Bazainville, near Paris. The new 4,800 square meter structure, which is slated to become operational early next year at the latest, will enable the French optical retailer to accelerate ...
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News briefs
Krys rolls out VR headsets in shops
After a conclusive pilot program last year with 50 opticians, French retail chain Krys has announced the roll-out of VR headets in 200 locations out of its 1,000-store network. The device integrates an eye tracker 3D software that measures the wearer’s eye movements – including peripheral visual field, sensitivity to ...
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ArticleKRYS GROUP up 5 % in 2022, announces 2028 plan and targets
Having achieved its Vision 2025 plan targets – €1 billion in network sales and a 2.5-point market share gain – two years ahead schedule, the KRYS GROUP presented a new 5-year strategic plan at its general assembly last weekend. The retailer also communicated its financial results for the fiscal year ...
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News briefs
Tech startup PTTRNS raises €2m in new funds
PTTRNS.ai, a tech company providing AI-based style recommendation software for the fashion and eyewear industry, has raised €2 million in new equity from ECFG, a Dutch-based private equitiy fund. This follows an earlier €2.5 million rund as reported in 2021. Founded in 2019 and also based in the Netherlands, PTTRNS ...
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French children eye health deteriorating quickly, survey finds
French children’s eye health has severely deteriorated since the start of the COVID-19 pandemic according to a recent study commissioned by the KRYS GROUP to research company Ipsos. The company said that 40 percent of children between 3 and 10 years old currently suffer from eyesight problems, which represents an ...
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News briefs
Krys’ door count reaches 1,000 units
KRYS GROUP has announced the recent opening of its thousandth Krys optical shop, located in the South of France near Nice. Created in 1956, the flagship retail banner of the French voluntary group boasts a 16 percent share of the French optical market and its footprint is expanding fast with ...
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News briefs
KRYS GROUP to start using eye-tracking AR tool in optical shops
French retailer KRYS GROUP is partnering with Eyesoft, a start-up tech company specialized in eyecare, for the utilization of the company’s eye-tracking tools in its optical stores. Founded in 2018 by two orthoptists, Eyesoft has developed a software that, in connection with an AR headset, enables the tracking of the ...
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ArticleTransatlantic retail alliance inks deals with Hoya and Rodenstock
KRYS GROUP, the French optical retail leader, has joined forces with Canadian-based Newlook Vision Group and General Optica, the Iberian retail subsidiary of De Rigo, to create a new purchasing alliance. Called Global Optical Alliance (GOAL), the organization has just announced the signature of partnerships with Hoya Vision Care and ...
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News briefs
KRYS GROUP creates optical training program to tackle staff shortage
In a move designed to soften the impact of the shortage of skilled optical staff in France, KRYS GROUP has announced that it would launch its own training center for apprentice opticians in September this year. The French voluntary group, which boasts a retail network of close to 1,500 doors, ...
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ArticleKRYS GROUP announces €50 million investment plan
The KRYS GROUP reported a 18.5 percent year-on-year increase in network sales of optical products and hearing aids to a total of €1,199 million, including VAT, for 2021. As compared to the pre-Covid 2019 reference year, stores sales were up by 7.8 percent. The hearing-aids Krys Audition unit saw its ...
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News briefs
Optic 2000 supplants Krys in French retailer ranking
The results are in for the 12th edition of a ranking called “France’s Favorite Retail Brands” (Enseignes Préférées des Français), based on a survey by e-marketing.fr and EYParthenon of 8,000 French consumers over 18 years of age. Leroy Merlin , a chain of big-box hardware stores, reigns supreme ...
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News briefs
New results of large-scale research on children myopia in France
KRYS GROUP, a leader in the French optical retail sector, and the Poitiers university hospital, started in 2013 a large-scale research on the progression of myopia among French children aged between 4 and 17 years old. The latest results of this ongoing research, which was based on data collected for ...
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French retail heavyweights slightly raised market share in 2020
In the last couple of weeks, the Krys Group , Optic 2000 and Afflelou , three of the main retail players in France totaling more than 3,000 stores and an aggregated market share estimated at between 35 and 40 percent, reported drops in revenues varying from 8.5 percent to ...
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News briefs
Krys to boost its lens laboratory output
During an official visit of representatives from the Île de France region to its lens laboratory near Paris last week, Krys , one of the leading French optical retailers, announced another investment plan for the extension and modernization of its Codir plant and logistics’ center. The company had already ...
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News briefs
Eyeglass prescriptions may fall by 3 million in France this year
In a series of recent interviews by the French website Acuité , several optical retail chain managers including Jean Pierre-Champion , general manager of Krys Group , Yves Guénin , general secretary of Optic 2000 and Gad Dhéry , CEO of Optic Duroc, have expressed concerns about ...
