The latest news and analysis on omnichannel retail and distribution changes.
Gentle Monster plans to quadruple overseas stores as AI glasses launch nears
IICOMBINED, the Seoul-based parent of Gentle Monster, plans to increase its eyewear brand’s overseas store count roughly fourfold within three to five years, taking the network from around 50 stores today to a targeted 200, according to Korean media reports citing fashion industry sources. The group currently operates 86 stores ...
JINS reports double-digit revenue growth, lower margins in 9M results
JINS HOLDINGS posted nine-month results showing sales growth holding at double digits, even as profit growth all but stalled, with a sharp domestic margin decline largely counterbalanced by a marked overseas profitability improvement.
Eyes + More bets on brand building with pan-European ambitions
About one and a half years after being acquired by KKR, Nexeye, the Dutch-based retail group, is accelerating its network expansion across Europe with the ambition of growing its retail footprint from roughly 750 stores today, spread across the Netherlands, Belgium, Germany, Austria, and Sweden, to 1,000 doors by 2028. ...
EssilorLuxottica advances medtech roadmap in the US with first LensCrafters Vision & Eye Health
CenterLensCrafters, the EssilorLuxottica-owned optical retail chain, opened its first Vision & Eye Health Center on June 30 in Exton, Pennsylvania, marking the LensCrafters brand’s entry into in-house surgical care in the US.
Specsavers annual sales up 9%, led by the UK and Ireland
Specsavers has reported an 8.9 percent year-on-year increase in group revenue to £4,540 million (€5,250m) for its fiscal year ended Feb. 28, 2026, accelerating sharply from the 4.3 percent increase in the previous year. The UK-based group is thus consolidating its position as the second-largest optical retailer in the world, ...
Japan Eyewear Holdings reports strong Q1 revenue and margin expansion
Japan Eyewear Holdings (JEH), the group operating the Kaneko Optical and 999.9 retail chains, reported a 15.8 percent year-on-year increase in Q1 revenue to ¥4,854 million (€26m). This performance marks a slight acceleration from the previous quarter (+14.2 percent), despite a sharp decline in sales to Chinese customers at its ...
Krys adds Even Realities G2 to its growing smart eyewear stable
Krys Group, France’s top optical retailer, has become the first national chain to carry the Even Realities G2 display glasses. This will be its third proposition in smart eyewear, after the Meta models (Ray-Ban and Oakley) and its own private-label model.
Synsam aims to expand international outreach with 'major' investment in Haaland partnership
Synsam Group is partnering with Norwegian football star Erling Haaland for the launch of an eyewear collection including prescription eyewear, sunglasses and sport glasses. The Erlind Haaland Eyewear Collection-branded range will include a total of 64 different frames for women, men and children, as well as a capsule collection of ...
JINS finds 'second growth engine' overseas as domestic business disappoints
JINS HOLDINGS lowered its full-year outlook for fiscal 2025/26 (ending Aug. 31) after first-half results showed a mixed performance: double-digit revenue growth but a sharp drop in domestic profitability.
KRYS GROUP grows market share, launches own smart eyewear brand
KRYS GROUP has reported a 4.9 percent year‑on‑year increase in optical sales to €1,457 million (including VAT) for 2025. The company stressed that it has thus consolidated its leadership position in France, lifting its market share to a record high 18.8 percent (see table). It calculates that the French optical ...