The latest news and analysis on omnichannel retail and distribution changes.
Aiming for critical mass, Groupe Héron plans to almost double sales by 2030
Groupe Héron, the French-based retail group operating in the optical and audition markets, is aiming to almost double its business by 2030 to achieve critical mass, Bernhard Nuesser, Group CEO and Partner, has told us in an interview.
Zeiss tests e-commerce model with partner ECPs in India
ZEISS India has announced the launch of a new e-commerce initiative in partnership with local partner eye care professionals (ECPs). The company said that the new service, dubbed Lead Generation Service, was aimed at enhancing the optical retail of its local partners by providing them with an additional sales channel ...
With close to 100 new stores in 2024, KRYS GROUP consolidates its market leadership in France
Driven by a record number of new store openings, KRYS GROUP has announced that it consolidated its market leadership in the French optical market last year, lifting its market share to 18.4 percent versus 17.0 percent in 2023. The voluntary group also stressed its sustained development over the last twelve ...
Synsam posts double-digit Q4 growth, hits record Ebit in full year
The Nordic retail group’s performance was again driven by its spectacles subscription plans whose annual sales increased by 13 percent year on year to account for 53 percent of total group revenue.
Amazon enters the prescription eyewear segment in Germany
After years of rumors and speculations, the e-commerce behemoth is entering the prescription eyewear market for good, starting with Germany, where its subsidiary announced earlier this week that it has started selling prescription eyeglasses.
Kits CEO: 'We are building an eyewear business for the customer of tomorrow'
On its Investor Day last September, Kits Eyecare concluded its presentation with a bold and somewhat cryptic claim: “Setting our sights on 500 in 5.” This made for an obvious first question when we had to opportunity to sit down with Roger Hardy, co-founder and CEO of the Canadian-based pure ...
Switching to a direct distribution model, Revo announces several appointments in Europe
As part of its switch to a direct distribution strategy worldwide, Revo has announced several appointments of seasoned managers in key European markets.