The latest news and analysis on omnichannel retail and distribution changes.
EssilorLuxottica expands retail partnership with Reliance Brands in India
EssilorLuxottica is expanding the scope ot its partnership with India’s Reliance Brands, which is taking over the development of the LensCrafters banner and the managing of its franchising network in the country. The development of the LensCrafters franchise was previously in the hands of DLF Brands and a first store ...
EssilorLuxottica 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, ...
Fielmann 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.
Morrow Eyewear kicks off European expansion with Novacel partnership
Morrow Eyewear, the Belgian-based company specializing in autofocal glasses, has announced the signature of a partnership with Novacel Optical for the distribution of its eProgressive Glasses in France and Switzerland. The company said that the agreement would enable over 30 million presbyopes in the two countries with its pioneering technology. ...
Karün 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 ...
An 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 ...