All Retail articles
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ArticleZEISS leverages vision care synergies in smart eyewear, ophthalmology
ZEISS has announced the creation of a new strategic business unit called ZEISS Extended Reality which, combined with ZEISS Vision Care, will make up the group’s Consumer Markets segment. Established last month, ZEISS Extended Reality will unite in one division the different teams that have been working on extended reality ...
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KITS EYECARE opens second store, secures C$15m lending facility
KITS EYECARE, the Canadian-based e-tailer, will be opening in Q1 2026 a 230-square-meter store in Toronto, its second brick-and-mortar location. The decision to open a new store, which also includes a café space, is grounded in the success of the Vancouver flagship shop, the company explained: opened in 2021, the ...
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Megane Ichiba targets 30% market share in Japan
Megane Ichiba, the leading optical retailer in Japan under the Megane Top banner, is aiming to increase its domestic market share from 20 percent currently to 30 percent in the midterm, President Masahiro Tomizawa said in an interview with the Nikkei Shinbun last week. Tomizawa also set a target of ...
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ArticleNational Vision outlines path to high-single-digit sales growth, margin expansion
National Vision announced plans for high-single-digit sales growth in each of the five years through fiscal year 2030, as it looks to further broaden its focus beyond its traditional cash-paying customer, increase the share of premium products and open 240 new stores. Comparable sales are seen increasing at a mid-single-digit ...
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ArticleAfflelou network sales up 5% in FY2025
Network sales were up mid-single digits in France and Spain, the retailer’s two key markets. Margins also progressed year over year despite increasing and substantial debt-related costs.
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Zoff topline jumps by 21% in Q3
Zoff revenue jumped by 21.2 percent year on year in Q3 to 14.4 billion Japanese yen (€79m), more than doubling in growth pace from the 10.1 percent increase reported for H1. The Japanese-based retail group saw its topline progress by 14.0 percent to ¥38.3 billion (€211m) in the first nine ...
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ArticleStrong Q3 sales growth for Synsam despite Denmark subscriptions slump
Synsam Group revenue returned to double-digit growth in Q3 after a 6.9 percent hike in the previous quarter. Total quarterly sales rose by 11.0 percent year over year to 1,731 million Swedish crowns (€158m), driven by sharp increases in Sweden and Norway (see table). They were up by 12.4 percent ...
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Lenskart launches Meller in India
Lenskart has announced that it is launching Meller, the Spanish direct-to-consumer eyewear brand in which it bought an 80 percent stake for €45 million earlier this year, in about 500 of its Indian stores. According to the group, Meller revenue amounted to 2.7 billion rupees (€26.5m) in fiscal 2025 (ended ...
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ArticleParis Miki main stakeholder to delist the company through an MBO
The tender offer by the founding family fund values the company at approximately 33 billion yen (€182m). The plan is to restructure the retailer’s domestic and overseas businesses after a decade of revenue stagnation and low or negative profit margins.
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ArticleMister Spex resumes store expansion as bottom line takes a lighter shade of red
Mister Spex’s top and bottom line remained on sharply diverging trajectories in Q3 as the embattled German-based retail group continued to execute the strategic turnaround plan it launched about one year ago. The quarter was also marked by the acquisition of four optical stores in Germany. Sales drop, ...
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Jins opens first Vietnam stores
Following the estbalishment of a subsidiary in the country last year, JINS Holdings has announced the opening of its first three stores in Vietnam, all located in Ho Chi Minh City. The first store opened last weekend over a 200 square meter surface in Saigon Centre mall and the two ...
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Synsam Group expands Essilux smart glasses distribution with Nuance
Synsam Group has announced that it is starting to distribute Nuance, EssilorLuxottica’s hearing aid glasses, in the Nordic region. The company says the glasses will be available at 150 of its Synsam stores in Sweden by the end of this year and that distribution will be expanded to all Swedish ...
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ArticleNational Vision raises guidance again as sales momentum continues in Q3
National Vision raised its guidance for fiscal 2025 for the third time in as many quarters, as revenues from continuing operations in the third quarter increased by 7.9 percent compared to the year earlier to $487.3 million after rising by 7.7 percent in the second quarter and by 5.7 percent ...
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ArticleUltracheap Blacksheep flagship store to open at Paris’ BHV – except not
Blacksheep, a French-based pure online player selling ultra-low-priced eyewear, is reportedly preparing to open a 200-square-meter shop at the BHV department store in Paris, for what seems to be the brand’s first venture into brick-and-mortal retail. Founded by Pierre Wizman – the French entrepreneur that created Polette, another DTC eyewear ...
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New alliance in French retail market gives birth to 3,000-shop purchasing powerhouse
Luz, an optical buying group with 2,200 members, and Atol, a voluntary retail group with 800 members, are joining forces to create Vizio, a common organization for the purchase of optical goods and services. The partnership hopes to reach critical mass in purchasing power, to guarantee the competitiveness of both ...
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ArticleEye care and telemedicine in France: a case study
We took the opportunity of SILMO 2025 to take a look at the deployment of eye health telemedicine in France by visiting the booths of six companies supplying either teleconsultation or tele-expertise services. Both specialties are aimed at improving access to eye care, particularly in the so-called medical desert areas. ...
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News briefsSea2See opens first branded shop
Sea2See, the eyewear brand manufacturing frames from marine waste material, is opening its first branded eyewear store in Grenoble, France. The venture is a partnership with Julien Clavel, an independent optician. The 95 square-meter shop showcases Sea2See’s entire collection and offers a range of optical services, including contact lenses. The ...
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ArticleJINS strong momentum driven by price mix effects, network expansion
JINS Holdings’ sales in the fourth quarter of its 2025 fiscal year ended Aug. 31 increased by 15.0 percent year on year to 27.4 billion Japanese yen (€155m), slightly decelerating from the 18.0 percent growth reported for the first nine months of the year. For the full year, ...
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News briefsMeta expands its own retail network
Meta is turning its pop-up in Los Angeles, the now-closed Meta Lab, into a 20,000-square-foot flagship, according to RoadToVR, Social Media Today and others. The company is also opening pop-ups in New York and Las Vegas, all in time for Christmas. The flagship, on Melrose Avenue, is set to open ...
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Nexeye appoints Head of Expansion for Austria
Nexeye has appointed Luzia Ludwig as its Head of Expansion, Austria, in support of its objective to increase the number of its eyes + more stores in the country from 11 to 40 within the next three years. Ludwig, a former management consultant, has worked for Pearle Austria earlier in ...
