All Retail articles – Page 4
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News briefs
Omnichannel retailer eyewa opens 50th store in the Middle East
Fast-growing eyewear retailer eyewa doubled its retail footprint in the Middle East region in less than one year with the opening of its fiftieth store, in Dubai. Based in the United Arab Emirates (UAE) and founded in 2017, eyewa started as a pure online player selling its own brands of ...
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Optic 2000 partners with flash sales' website on eyewear recycling program
Optic 2000 is partnering with online flash sales’ specialist Veepee (formerly Vente Privée) for a one-week eyewear recycling initiative in November. Veepee members are invited to send up to two pairs of glasses, at no cost, and will receive a €15 voucher per pair in exchange for their participation, to ...
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Afflelou launches ophthalmology teleconsultations’ service
After a successful test at five of its optical shops, Alain Afflelou has announced the launch of an ophthalmology teleconsultation service, which the company plans to implement in at least 25 stores in France by the end of the year. The remote service is aimed at facilitating access to ophthalmology ...
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Specsavers warns of a glaucoma ticking time bomb in the U.K.
According to Specsavers’ “The State of the U.K.’s eye health 2022” report, the country is facing a “glaucoma ticking time bomb” as waiting times for NHS ophthalmology appointments have increased, partly as a side effect of the Covid pandemic. As of May 2022, there were more than 630,000 people waiting ...
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News briefs
Krys’ door count reaches 1,000 units
KRYS GROUP has announced the recent opening of its thousandth Krys optical shop, located in the South of France near Nice. Created in 1956, the flagship retail banner of the French voluntary group boasts a 16 percent share of the French optical market and its footprint is expanding fast with ...
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ArticleFielmann opens subsidiary in France, appoints general manager
Fielmann’s agenda in France seems to be accelerating as the German-based retail group established a subsidiary in the country this summer. The company, whose strategic Vision 2025 plan announced in 2019 calls for the entry of one new country per year, has said that it was keeping an eye on ...
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Afflelou to drop low-cost banner in 2024
The Afflelou Group will discontinue its low-cost banner Optical Discount by the end of 2024, according to a report by French optical website Acuité. Optical Discount franchises have reportedly been given the option to cancel their franchise contract with a 3-month notice or to pursue the collaboration until December 2024. ...
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ArticleMPG prepares for integration of former GrandVision stores
A few months after the Michael Pachleitner Group (MPG) took over 177 stores from GrandVision following the acquisition of the Dutch retail group by EssilorLuxottica, we spoke with Marcel Norbart, the seasoned retail manager that MPG appointed as its Chief of Optical Retail, about the most recent developments. The current ...
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News briefsAmazon Europe enables virtual try-ons
This summer Amazon Fashion Europe has been introducing Virtual Try-On on the Continent through its e-commerce site and the Amazon Shopping App. The first items to benefit are about 1,500 sunglass models from such brands as Tommy Hilfiger, Hawkers, Lacoste, Calvin Klein and Polaroid. Prospective customers will be able to ...
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News briefs
JINS downgrades FY outlook, recapitalizes U.S. branch
JINS Holdings has revised its full year 2022 outlook downwards and now expects total sales to reach 66.9 billion Japanese yen (€481m), down by 6.0 percent compared to the initial forecast but still 4.7 percent higher than revenues reported for 2021. The group mentioned a slower-than-expected sales recovery both in ...
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ArticleFielmann announces cost reductions and strategic adjustments
Thanks to its increased digitization and internationalization and in spite of the COVID-19 crisis impact, Fielmann could achieve its 5 percent average annual sales’ increase target figure in recent years. The objective is part of its Vision 2025 plan which was announced in 2019. However, the German-based retail group has ...
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ArticleApollo Optik celebrates 50 years
On the occasion of its 50th anniversary, Germany’s Apollo Optik (which, together with its parent company GrandVision, has been part of the EssilorLuxottica Group since 2021) has published some figures from various business areas. On average, each Apollo store carries more than 1,700 products (eyewear as well as lens care ...
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French opticians remain under governmental scrutiny
In a press release issued last week, the French Directorate General for Competition, Consumption and Fraud Enforcement (DGCCRF) said that it conducted more than a thousand control operations among 710 prescription eyewear and hearing aids’ retailers in 2021. The operations were mostly aimed at checking whether they were complying with ...
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KRYS GROUP to start using eye-tracking AR tool in optical shops
French retailer KRYS GROUP is partnering with Eyesoft, a start-up tech company specialized in eyecare, for the utilization of the company’s eye-tracking tools in its optical stores. Founded in 2018 by two orthoptists, Eyesoft has developed a software that, in connection with an AR headset, enables the tracking of the ...
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ArticleTransatlantic retail alliance inks deals with Hoya and Rodenstock
KRYS GROUP, the French optical retail leader, has joined forces with Canadian-based Newlook Vision Group and General Optica, the Iberian retail subsidiary of De Rigo, to create a new purchasing alliance. Called Global Optical Alliance (GOAL), the organization has just announced the signature of partnerships with Hoya Vision Care and ...
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The U.S. optical retail market consolidated further in 2021
The top 10 optical retailers significantly increased their share of the U.S. market to roughly 40 percent or $15.2 billion in value, in parts through acquisitions according to the annual report by Vision Monday. The top 3 positions in the ranking are held by Vision Source ($2.7 bn in total ...
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KRYS GROUP creates optical training program to tackle staff shortage
In a move designed to soften the impact of the shortage of skilled optical staff in France, KRYS GROUP has announced that it would launch its own training center for apprentice opticians in September this year. The French voluntary group, which boasts a retail network of close to 1,500 doors, ...
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Specsavers opens 2,500th franchise shop
Specsavers has opened its 2,500th franchise store, this time at the Guildford Town Centre in Surrey, Canada. The franchisee there is the optometrist Dr. Mannie Dhillon. Founded 40 years ago in the U.K. by the married couple Doug and Mary Perkins, Specsavers made its debut in Canada in 2021 and ...
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Anthony Afflelou becomes general manager of the Afflelou group
The Afflelou group has appointed Anthony Afflelou as its general manager, fifty years after the opening of the first Afflelou shop by his father Alain. After he graduated from a business school in Bordeaux, Anthony Afflelou specialized in digital communication and cut his teeth at an online advertising videos company ...
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Optical shops struggling to recruit
A clear majority, some 89 percent, of U.S. eyecare businesses find staffing to be more difficult after than before Covid, whereas about 11 percent find no change, and 2 percent find it easier. Such are the results of a poll conducted by Vision Monday and Women in Optometry, two American ...
