All Retail articles – Page 2
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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
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News briefs
Fittingbox launches in-store lens trial tool
Fittingbox, the industry leader in frames virtual try-on own software, is launching Optical Fit Pro, a digital tool aimed at helping in-store customers to select their lenses together under the guidance of the optician. Optical Fit Pro delivers a complete simulation of lens features – from lens thickness and progressive ...
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News briefs
Kits Eyecare reaches 1 million active customers
Kits Eyecare has announced that it has doubled its number of two-year active customers from 500,000 to 1 million between Q4 2020 and Q3 2025. The company said that Gen Z (under 30 years old) and Millenials (30 to 45) respectively accounted for approximately 25 percent and 50 percent of ...
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News briefs
Mister Spex adds HOYA to its lens portfolio
Mister Spex has announced the expansion of its lens portfolio through a partnership with HOYA on a premium lenses range, including single-vision, progressive and office lenses. The products are now available at the retailer’s 65 stores in Germany and online for its German, Swiss and Austrian customers. As part of ...
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ArticleCapital increase to enable Multiópticas to expand
Multiópticas secured in August a capital increase of €45 million from its own shareholders and intends to use the funds to carry out a five-year plan to spread out the business, according to the Spanish paper Expansión. “The company’s own shareholders have trusted in this project and disbursed the capital, ...
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News briefs
Mid-sized US optical retailer partners with national office supplies chain
Now Optics, a US optical retailer with over 300 doors across 32 states, is partnering with Staples, a supplier of office equipment, furniture and services with more than 900 retail locations in the country. As part of the partnership, Stanton Optical, Now Optics’ banner, will open its first point of ...
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News briefs
Mykita opens second store in Thailand
MYKITA has announced the opening of a new store in Bangkok, its second and largest in the country and its 15th globally. Located in the centralWorld, a renown shopping mall, the new shop was designed by the company’s in-house architecture team. It offers the brand’s complete portfolio as well as ...
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ArticleAll eyes on margins at Mister Spex as sales nosedive
Mister Spex revenue dropped by 21.7 percent to €52.9 million in Q2 2025, sharply accelerating its fall from the previous quarter (-12.5 percent). “The decline in revenue is the result of a deliberate strategic choice to prioritize profitability and cost efficiency over pure volume growth,” Mister Spex wrote in its ...
