All Retail articles – Page 7
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ArticleEssilorLuxottica acquires Japanese retail chain
EssilorLuxottica is about to deploy its full-scale vertical-integration business model in Japan. We have learned that the Italo-French group has acquired the business of Washin Optical, a Japanese mid-size optical retailer founded in 1951, through its Luxottica Japan subsidiary. The information has not been officially announced by the group yet, ...
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News briefsSpecsavers Canada store network reaches 100 locations
Specsavers has announced the opening of its 100th store in Canada, less than three years after it entered the country with the acquisition of Image Optometry, an independent retailer in British Columbia. The UK-based optical retail group said that its Canadian network now includes more than 200 optometrists, 250 opticians ...
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News briefsKrys joins the second-hand market
Krys has become the exclusive lens supplier for Seecly, the online marketplace for the sale of second-hand, reconditioned or old frames. Seecly is headquartered in France, operating there and in five other European countries. It appears from the company’s website, however, that its vendors must conduct their business from France. ...
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News briefsWalmart introduces virtual try-ons
This month Walmart is inaugurating what it calls Optical Virtual Try-On (VTO), making the system available on both its app and its website. There will be a “Try them on” flag on or near the main image on the product page for any of about 750 items. Once they’ve clicked ...
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News briefsMPG is closing its Belgian retail operations
Following reports from the Belgian retail trade press, Michael Ksela, CEO of Retail Optical Stores Netherlands, the company operating the Eye Wish retail chain, has confirmed that Retail Optical Stores Belgium, the entity behind the 35 Grand Optical stores in the country, has filed for bankruptcy proceedings. The two structures ...
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ArticleFielmann remains committed to Italian market after closures announcement
After reports in the Italian press at the end of last year that Fielmann was preparing to shut down 11 of its 54 stores in the country, the German-based retail group confirmed some closures but remains intent on developing its network in the country. “Fielmann reaffirms commitment to the Italian ...
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News briefs
National Vision signs distribution partnership with DTC brand
National Vision has announced the signing of a distribution partnership with Pair Eyewear, a U.S. direct-to-consumer brand that offers eyeglasses - starting from $60 with single-vision lenses - and sunglasses with customizable fronts for children and adults, including capsule collections with brands such as NBA, Harry Potter or Coca-Cola. The ...
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News briefs
Krys Group launches full OFG lens range
KRYS GROUP has announced that CODIR, its industrial and logistics subsidiary located outside Paris, was launching a complete range of Origine France Garantie (OFG)-certified lenses. More rigorous than the Made in France marking, the OFG certification guarantees that at least 50 percent of the product’s added value was acquired in ...
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News briefsNew Salmoiraghi & Viganò store highlights Essilux retail sustainability program
EssilorLuxottica has announced that its new Salmoiraghi & Viganò store opened in Milan at the end of last year was being considered for the WELL certification, a standard that “creates and certifies spaces that advance human health and well-being” according to the organization’s website. The new shop, located in the ...
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News briefs
Jimmy Fairly enters Italy and Spain
As previously announced, Jimmy Fairly is pursuing its international expansion strategy with the opening of its first shop in both Spain (Barcelona) and Italy (Milan) in the last few weeks. The direct-to-consumer brand, which was founded in 2011 and taken over by a French private equity fund ten years later, ...
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ArticleKarün Eyewear to get a Walmart boost
Karün Eyewear, the Chile-based brand of eyewear made from recycled and traceable materials, has signed a nationwide, but non-exclusive, partnership with Walmart for the distribution of its frames in the U.S. retail giant’s Walmart Vision Centers. ”We chose to work with Walmart as our U.S. national retailer to expand access ...
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ArticleAn optical center in 15 minutes and a new investor for Vision Group
Vision Group, one of Italy’s leading eyewear retailers, aims to expand its domestic footprint further before looking at eventual growth opportunities further afield. Marco Procacciante, CEO, talked to Eyewear Intelligence about Vision Group’s growth plans, which are aimed at serving 85 percent of the Italian population with a VisionOttica store ...
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News briefs
75% of French opticians offer myopia management lenses, poll finds
According to a poll by French website Acuité, only 25 percent of optical shops in the country do not sell myopia management lenses for children, indicating a strong penetration of the relatively new product category in the retail channel. Over 900 optical stores, or about 7 percent of the total ...
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News briefsSpanish optical network expands into Brazil
Opticalia is adding 22 stores in Brazil to its international network and hopes to raise that number to 600 within two years, according to Look Vision. Brazil is purportedly the South American country with the highest number of optical shops per inhabitant. At present the Spanish group’s network comprises more ...
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News briefsMister Spex wins German Sustainability Award
Mister Spex has announced that it has won the German Sustainability Award in the “Pharmacies and Medical Retail” sector. The award is organized by the German Sustainability Award Foundation (Stiftung Deutscher Nachhaltigkeitpreis) in collaboration with the German Federal Ministry for the Environment and the German Chamber of Industry and Commerce. ...
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News briefs
Lenskart completes acquisition of AI-powered analytics tech company
Indian-based retail group Lenskart has fully acquired the business of Tango Eye, a tech company in which it had started to invest in 2020, according to several Indian business news websites. Tango Eye has developed an AI-powered technology that analyzises in-store customer trafic and behavior, including interactions with the shop’s ...
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News briefs
Italian consortium OTTIMI reaches over 200 optical shops
OTTIMI, the Italian consortium launched in February 2022 with the aim of promoting the optical sector and “safeguarding opticians” working outside of the large multinationals, said it now counts over 200 optical centers across Italy as members. OTTIMI considers its flagship product to be the training programs it offers to ...
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News briefsMister Spex launches 3D-print customized range
Mister Spex is launching EyeD, its first custom collection of 3D-printed eyewear. The range includes six customizable different models in seven colors that are being offered at 37 Mister Spex stores in Germany and Austria for €249, plus the price of the lenses. The measurements - including parameters such as ...
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News briefs
EssilorLuxottica launches new and united practice management platform
EssilorLuxottica has announced the launch of HELIX, a new division of the company that will focus on leveraging modern technology for eye care professionals (ECPs) to improve the efficiency of their practices. The new web-based service will unite existing online tools of EssilorLuxottica - including VisionWeb, CLX, Patient Care and ...
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News briefs
Nexeye expands fashion eyewear brands’ offering
Nexeye has announced that it was expanding its asortment of fashion eyewear brands with the addition of the latest collections from labels such as Tommy Hilfiger, Calvin Klein Jeans, Hugo Boss, Levi’s, Guess, GANT, Max & Co and Vogue in all of its 300 eyes + more stores across Germany, ...
