All Retail articles – Page 2
-
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 ...
-
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 ...
-
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 ...
-
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, ...
-
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 ...
-
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 ...
-
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 ...
-
News briefs
Eyes + More appoints experienced retail manager to expand in Sweden
Nexeye has appointed Nina Wyholt Gradin as Head of Expansion Sweden for its Eyes + More retail chain to accelerate its growth in the country. This is a new position at the company. Wyholt Gradin, a seasoned retail manager, joins the company from Kronans Apotek where she has served as ...
-
ArticleMixed results in Q2 for Synsam Group
Synsam Group Q2 revenue increased by 6.9 percent year on year to 1,841 million Swedish crowns (€165m), slowing down sharply from the 12.3 percent growth reported in the previous quarter. The deceleration was mostly attributable to the group’s business in Denmark that is increasingly impacted by consumer credit regulation changes. ...
-
News briefs
Higher average ticket sales drive Zoff’s double-digit topline growth
Japanese retail group Zoff H1 revenue amounted to 24.0 billion yen (€140m), up 10.1 percent from the previous year. Domestic sales, which account for 98 percent of the group’s total business, rose at the same pace, while the marginal overseas revenue was up 7.0 percent. In Q2, total sales increased ...
-
News briefs
Specsavers to invest £5m in UK lab to support growing domestic sales
Specsavers has announced that it will invest £5 million (€5.8m) in its Vision Labs lens production unit in Worcestershire, UK. The two-year investment plan is aimed at increasing production capacity from 140,000 to over 200,000 lenses per week and upgrading the site’s environmental performance through reduced water and increased electricity ...
-
News briefs
Specsavers almost doubles Canadian footprint overnight with grocery deal
Specsavers will add 111 stores to its Canadian retail network through a deal with Loblaw Companies, a large food and pharmacy retailer with a total of 2,800 shops in the country, both companies have announced. Starting this September, the Specsavers locations will replace Theodore & Pringle, an optical retail brand ...
-
ArticleNew five-year plan at Groupement Optic 2000
Optic 2000 is embarking upon a five-year plan called COOP 26/30, the name no doubt a reference to the cooperative structure of parent company Groupement Optic 2000. In short, the group’s objective is to have 3,000 points of sale and a 20 percent share of the French market by 2030. ...
-
News briefs
Gentle Monster enters the Canadian market
Gentle Monster, the South Korean eyewear brand best known for its unconventional stores, will open its first location in Canada at the end of this year. The shop will be located in Toronto’s Yorkdale Shopping Center and spreads over 1,600 square meters. The company, in which Google has reportedly invested, ...
-
News briefs
Mia Burton merges with Lipari
Italian eyewear e-commerce company Mia Burton and the Italian optical retailer Lipari announced they were merging to create an omnichannel group with forecast revenues of €23.7 million in 2025. Lipari was founded by Giuseppe Lipari in 1974 and currently has three physical stores, two in Palermo and one in Milan, ...
-
News briefs
New MD at eyes+more for Germany and Austria
Eyes + more, a subsidiary of the nexeye optical retail group, has announced the appointment of Björn Wecker as its new managing director for Germany and Austria. Wecker joins the company from POLO Motorrad und Sportswear (sport gear and apparel) where he served as retail director since 2024. His previous ...
-
News briefs
Afflelou Group launches new banner
Afflelou Group is launching Magic Afflelou, a new retail banner focusing on its Magic private label collection of eyeglasses and sunglasses with interchangeable clip-on fronts. The retail group has opened two stores in France (Nevers and Paris) and more openings are planned in the country and in Spain. According to ...
-
ArticleE-commerce software group enters the DACH optical retail market
The Platform Group (TPG), a stock-listed software company based in Düsseldorf, Germany, has announced its entry into the optical and hearing aid market with the acquisition of two local optical retail groups. The investment is the first step in TPG’s long-term strategy to build an omnichannel business in the German-speaking ...
-
News briefs
Slower revenue growth, higher margins and new acquisition for JEH Holdings
Japanese-based retail group JEH Holdings has reported sales of 4,191 million yen (€25.1m) for its Q1 period ended April 30, 2025, up by 8.6 percent year on year but significantly down from its growth pace in the previous fiscal year (19.9 percent). Sales to inbound tourists to Japan accounted for ...
-
News briefs
CECOP launches geolocation website to boost members’ online visibility
CECOP is launching Ubika Optic, an optician geolocation website, in Spain. The online platform is designed to help end consumers find a CECOP member optician based on their geolocation, thus increasing the group’s retail members’ online visibility. Each CECOP optician has its own entry on www.ubikaoptic.com with the possibility to ...
