All Retail articles – Page 12
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Article
Paris Miki downgrades FY forecast
Japanese-based retail group Paris Miki continued to struggle in the third quarter of its FY03/22 financial year, with group revenues declining by 3.0 percent year-on-year to 11,792 million Japanese yen (€90.1m-$102.4m), however slightly improving from the 11.2 percent drop reported for the previous quarter. By region, the group reported a ...
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News briefs
Opticalia enters e-tail
Opticalia has launched an e-commerce platform. According to a report by Look Vision, the Spanish group seeks through the website to “democratize fashion in the optical market,” in part by providing exclusive online access to such brands as Mango, Pepe Jeans, Pedro del Hierro and Pull&Bear. With the last of ...
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ArticleEssilux launches new sales program in France
After the launch of a similar initiative in the U.S. and Canada, respectively in 2020 and 2021, EssilorLuxottica is rolling out its EssilorLuxottica 360 program in Europe, starting with France. The objective is to “enrich” Essilor’s Experts program and various existing Luxottica programs and thereby to expedite the expansion of ...
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News briefs
Optical outperforming overall retail in France, survey suggests
The French optical-industry platform Acuité has published a survey of 975 optical retretail professionals to review the sector’s performance from 2019 to 2021. In that time revenues for the French optical market rose by 4 to 5 percent, with especially good performance two months before the government’s 100% Santé program ...
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ArticleSpecsavers announces $100 million investment in Canada
Shortly after the release of its annual results for the 2020/21 fiscal year, Specsavers disclosed further details on its strategy for its development in Canada, a market the group entered last year in May through the acquisition of Image Optometry, an independent chain with a total of 18 directly operated ...
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Synsam opens new flagship store
Synsam, the Swedish-based optical retail group opened on Dec. 22 a new flagship store in the center of Stockholm. The new shop, which is reportedly the largest in the Nordics, spreads over 900 square meters and reportedly offers customers the possibility to select their frame among a large selection of ...
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ArticlePro Optik discusses future plans in online video
Inaugurating a new communication format with a round table talk available on Vimeo, four Pro Optik managers gave some insights on the present and future plans of the German optician group, nicknamed Pro Optik 2.0 after the changes the company went through. According to the four managers, Anja Fujan (HR), ...
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ArticleUkraine eyewear retailer rolls out major growth plans
Ukraine’s eyewear retailer Optika 1st announced plans to boost its network from 168 to 500 stores in Ukraine and launch its first outlets in Europe in the next few months, taking advantage of a rather successful development scheme. Optika 1st’s managers said the company was operating a successful franchise model ...
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Marks & Spencer accelerates in optical retail
Marks & Spencer announced earlier this week its plan to expand its network of M&S Opticians shop-in-shops, after a successful trial at a few locations during which the company said it received customer satisfaction and recommendation rates of 96 percent. The group is now targeting to add 43 M&S Opticians’ ...
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News briefs
Eyemart Express launches click-and-collect service
Eyemart Express, a U.S. optical retail group with over 230 stores across the country, has launched a click-and-collect program with same-day delivery for its customers, Vmail reports. The new system, which has been developed in-house by the company’s IT teams, has been implemented in all the group’s stores, with just ...
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Specsavers to open 200 Canadian stores by 2024
It has been seven months since Specsavers expanded into Canada, through the previously reported acquisition of Image Optometry. Now, the U.K.-based retail group is planning to open more than 200 locally owned stores in the Great White North by March 2024. The first step is to open 16 stores in ...
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New Look Vision expands in the U.S.
The Canadian retail group New Look Vision has acquired Black Optical, a luxury eyewear retailer with three stores in Dallas, Tulsa and Oklahoma City. The company was founded in 2007 by Gary Black, who will remain as a shareholder of the company and will lead the chain’s efforts to extend ...
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Solstice Sunglasses emerges from Chapter 11
The Solstice Sunglasses retail chain is emerging from Chapter 11 proceedings with the support of a $6.5 million credit facility provided by Second Avenue Capital Partners, a financial company specializing in asset-based loans for the retail and consumer products’ industry. Solstice, which was part of the Safilo Group until June ...
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Warby Parker to boost brick-and-mortar retail
Bloomberg reports that Warby Parker, the U.S. omnichannel optical retailer, is planning to open more than 30 brick-and-mortar stores in the country before the end of the year, which would bring its total number of retails locations up to roughly 160. Neil Blumenthal, a founder and co-CEO of the company, ...
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Opticalia expands retail footprint
The Spanish-based optical group Opticalia has extended its retail presence to a total of 1,111 locations since the start of the year across Spain, Portugal, Colombia and Morocco, according to a report in the trade publication Look Vision. 75 new members have reportedly joined Opticalia’s network, including 35 in Morocco ...
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News briefs
Cione launches new web portal for members
Cione, one of the leading buying groups in Spain and Portugal, is launching a new shopping website for its 900 members. Called MyShop, the online platform is said to offer a simplified purchase process for opticians, with the integration on a single page of the key information for each frame, ...
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News briefs
CECOP held first National Optics Award
CECOP, the Spanish-based buying group, held the first edition of its National Optics Awards (NOA) online, remitting awards to industry suppliers in eighteen product categories based on criteria such as product innovation, design or service to the optician. The awarded companies include Essilor, Hoya, CooperVision, Luxottica, Marcolin, Eschenbach and Mark’Ennovy ...
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News briefsKering Eyewear launches new retail concept
Kering Eyewear is launching its Digital Retail Concept, a new store design in which digital screens play branded videos that can be updated at any time, switching from multi-brand to single brand contents and therefore allowing for a quick and easy change in the store lay-out. The new concept is ...
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News briefs
Specsavers reportedly setting up Canadian office
According to well-informed sources in Canada, Specsavers is about to rebrand to its own banner the practices of Image Optometry, the independent network of eighteen stores and franchises that the U.K.-based retail group took over a few weeks ago. Canada would then become the eleventh country where the brand is ...
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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 annual report, Marc ...
