The latest insights and analysis on Direct to Consumer initiatives, E-Commerce and Marketplaces.
Fast-growing Mykita opens first shop in South America
MYKITA, the upscale independent eyewear brand, announced last month the opening of a new store in Mexico, its first retail location in South America. The opening of the store comes about ten years after MYKITA entered the country. Moritz Krueger, founder, said that Mexico City had come to play an ...
Warby Parker sees Q3 sales rise 32%, but remains in the red
Warby Parker, the omnichannel U.S. retailer, booked revenues of $137.4 million in the third quarter, up by 32.0 percent on the year earlier and 45 percent higher than the same period of 2019, but its bottom line remained in the red due to charges associated with its recent public listing ...
1-800 Contacts acquires virtual try-on specialist
1-800 Contacts, the U.S. contact lens specialist, has acquired Ditto, a firm also headquartered in the U.S. that provides virtual try-on systems for eyewear brands and eyewear retailers on- and offline, Vision Monday reports.
New investor and strategic focus on Asia for FittingBox
FittingBox, the French-based provider of virtual try on (VTO) systems and other digital solutions, just announced that JINS, the fast-growing Japanese retail chain, had become a shareholder of the company. The investment by JINS allowed earlier financial investors, mainly French venture capital funds Kreaxi and LBO France that have been ...
