All Retail articles – Page 2
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ArticleNational Vision sees adjusted comp sales rising 3-6% as product mix, customer shift continues
National Vision said it expects adjusted comparable sales to rise by 3-6 percent in 2026, as it pointed to success in efforts to increase the share of premium eyewear in its product mix and attract a growing number of managed care and other more profitable customers. The US optical retailer ...
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ArticleReported Meta-Essilux arm-wrestling on AI glasses pricing highlights diverging priorities
Meta and EssilorLuxottica are working through disagreements over the pricing and promotion strategy of their Ray-Ban Meta AI glasses, with the tech giant pushing for lower prices and the eyewear group pushing in the opposite direction, according to “people familiar with the matter” quoted by Bloomberg News earlier this week. ...
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News briefs
European fashion retail group tests the distribution of Reebok audio glasses
MODIVO Group, a European footwear and apparel retailer, will test the distribution of Innovative Eyewear’s audio glasses in its Sklep Biegacza running stores. The partnership will initially focus on Reebok, one of the licensed brands in Lucyd’s portfolio, which also includes Eddie Bauer and Nautica (all from Authentic Brands Group) ...
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ArticleVision Group CEO sees ‘a lot of white space’ to expand store fleet
Vision Group has made expansion through acquisitions a key part of its growth strategy, and there’s no sign that will change anytime soon. Marco Procacciante, the CEO and founder of the eyewear retailer that boasts Italy’s largest network of optical stores Eyewear Intelligence that he sees “a lot of white ...
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News briefs
Eyes + More switches gear in Sweden
Nexeye opened three new Eyes + More stores in Sweden earlier this month, bringing its total footprint in the country to four locations. The stores are located in Gothenburg, Norrköping and Malmö (2). The group says that it is planning to open dozens of Eyes + More stores across Sweden ...
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News briefsFrench optical sees modest gains in FY25, survey says
A survey conducted by Acuité of about 350 opticians in France shows year-on-year sales growth of about +1.5 percent for FY 2025, up from 2024’s 0.9 percent. Some 61 percent of respondents report positive revenues for 2025. The optical/eyewear sector saw modest growth of 1.5 percent – more than apparel ...
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News briefs
Ace & Tate takes over small Spanish DTC brand
Ace & Tate, the Dutch-based eyewear company, is acquiring Project Lobster, a Spanish direct-to-consumer omnichannel eyewear brand that filed for bankruptcy at the end of 2025. Ace & Tate will take over five of the seven Project Lobster stores located in Madrid, Barcelona and Valencia, and keep operating them under ...
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News briefs
MIDO Awards celebrate store designs and innovation, industry sustainability efforts
The MIDO 2026 Awards ceremony that was held at the international trade show in Milan last weekend focused on retail experience and sustainability. On the retail side, two optical shops in Lisbon, Portugal, have received the Best Store Award: AndréOpticas Chiado was recognized for its store design inspired by vintage ...
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ArticleKenyan retail startup aims for scale and impact in East Africa
Backed by Japanese and Indian investors and by a French optical retail veteran, Kenyan optical retail startup Mamy Eyewear plans to grow from five stores in Nairobi to over 100 locations in East Africa within five years, leveraging AI-powered eye exams and affordable pricing to address the region’s critical shortage of eye care services.
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News briefs
Eyes + More opens 300th store
Eyes + More has announced the opening of its 300th store, a 93-square-meter location in Linz, Austria. The retail chain, which also operates stores in Germany, Belgium, the Netherlands and Sweden, is now targeting 30 openings in Austria in the midterm. At the European scale, it has set itself a ...
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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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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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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, ...
