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Retail Asia30/11/2022

The company said that Japanese eyeglasses seller Aigan will leave the Chinese market as the impact of the coronavirus dims its hopes for turning a profit. Already weak earnings in China have been squeezed further by coronavirus-related disruptions that forced temporary store closures. The Osaka-based company’s Chinese arm has lost money for seven straight years […]

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Retail Asia24/10/2022

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EssilorLuxottica reported a rise in its third-quarter revenues on Friday as the world’s biggest eyewear maker saw a rebound in sales in the Asia-Pacific region and slight growth in North America. The French-Italian company, which makes Oakley and Ray-Ban sunglasses, reported revenue of 6.39 billion euros ($6.24 billion) for the three months to Sept. 30, […]

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Retail Asia10/08/2022

Luxury brand Kering Eyewear has launched its first store in South Korea, located on the eighth floor of Lotte Duty Free’s store in Busan. A collaboration between Kering Group and Lotte, the brand claims the new boutique is its largest store in Asia to date. Center stage in the store is a giant media wall […]

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Retail Asia30/06/2022

India’s largest eyewear retailer Lenskart is buying an approximately 75% stake in Japanese eyewear chain Owndays. Lenskart will acquire all the shares held by a joint venture between an investment company affiliated with LVMH Moet Hennessy Louis Vuitton and a fund affiliated with Mitsui & co. The value of the deal is yet unknown. Owndays […]

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Retail Asia31/05/2022

Neso Brands, a subsidiary of eyewear manufacturer Lenskart, has raised $100 million in a seed funding round, which will enable the firm to create a house of brands catering to the global market. The company did not divulge the details of the investors involved. However, Lenskart, which owns Singapore-headquarted Neso, has earlier raised large sums […]

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Retail Asia17/05/2022

Japanese fast fashion eyewear brand, OWNDAYS, is pleased to announce the opening of a new store at Takashimaya S.C., Ngee Ann City. This will be the brand’s second premium concept store in the world and its 33rd store in Singapore. The new store will open to public on 20 May 2022 and will house a collection of made-in-Japan eyewear and […]

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Retail Asia04/10/2021

Luxury eyewear label Gentle Monster has unveiled the design of its first Haus concept store outside South Korea in Shanghai, the world’s largest Gentle Monster store. The launch of the Shanghai store follows the opening of Haus Dosan in Seoul earlier this year, opening chapter two of the Haus project. Featuring a ‘Future Retail’ theme, the […]

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Retail Asia01/07/2021

South Korean luxury eyewear brand Gentle Monster has unveiled its latest themed store in Starfield Hanam, Seoul. Dubbed ‘Self Similarity’, the theme reinterprets the mathematical concept through visual and spatial elements. The Starfield Hanam storehouses various artwork, images, and installations representing “the infinite possibility of ‘expansion’” through repeating geometric structures, such as fractals, Mandelbrot sets, […]

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Retail Asia29/01/2021

L Catterton Asia Advisors, the Asian arm of the namesake consumer-focused buyout firm, is exploring a sale of Japanese eyewear retailer Owndays Inc., people with knowledge of the matter said. L Catterton Asia has invited investment banks to submit proposals and will soon pick an adviser, said the people, who asked not to be identified as the […]

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Retail Asia03/11/2020

Japanese eyewear brand OWNDAYS, one of the largest players in the fashion eyewear space, is now expanding its India footprint. The company announced the launch of a new store at Inorbit mall, Mumbai, others being in Kolkata, Chennai, Hyderabad, Bengaluru, and Chandigarh. Currently, the company has a global presence of 350 stores spread across 12 countries including Japan, […]

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Retail Asia28/07/2020

Eyewear retailer Owndays has launched a new sunglass range branded Chateaubriand in collaboration with restaurant brand Wagyumafia. The collaboration model is all about portraying the theme handmade in Japan with simple and basic in mind, the company says. The Chateaubriand collection has two types of sunglasses, both with a bold “Chateaubriand” logo on the temple. […]

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Retail Asia23/01/2020

Football legend David Beckham has launched his own eyewear collection, Eyewear by David Beckham, in partnership with Safilo Group. Made in Italy, the collection features both optical frames and sunglasses with clean, modern silhouettes and a focus on “timeless” frame styles. His collection has been described by critics as “contemporary with traditional craftsmanship.” Last year, […]

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Retail Asia05/04/2019

South Korean eyewear label Gentle Monster has partnered with Chinese tech giant Huawei to produced connected eyewear. The networked eyeglass frames allow wearers to answer calls without picking up their phone, and feature antennae, noise-reduction microphones and speakers tucked behind the ear. “Smart eyewear is different than the smart phone or the smart watch,” said […]

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Retail Asia20/03/2019

Zoff Hong Kong may have only six stores for now, but the Japanese eyewear brand is proving a standout for local licensee Convenience Retail Asia. Victor Fung, chairman of the listed Fung Group affiliate, says Zoff Hong Kong has enjoyed “remarkable success” since CRA opened the first store in November 2017 at Cityplaza in Taikoo […]

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Retail Asia16/01/2019

Lenskart’s eyewear brand John Jacobs is looking to garner Rs 500 crore in revenue in two years as it strengthens its retail presence and expands the product portfolio. The brand, which has eight stores currently in Delhi, Pune and Bengaluru, will add six more in the next two months and aims to set up about 50 stores […]

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Retail Asia10/01/2019

French luxury house Kering has launched its first in-house Balenciaga eyewear line at British Dover Street Market stores. The new collection is exclusive to the DSM chain in the US, UK, Japan, Singapore and China, as well as the brand’s e-commerce channel. The high-end products are valued between US$290–570, with both sunglasses and prescription frames […]

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Retail Asia26/11/2018

Marchon Eyewear and Victoria Beckham Ltd have entered into an exclusive, long-term global licensing agreement for sun and optical eyewear. New collections developed under the agreement will roll out globally beginning Fall next year. The collections will be developed in Italy to align with Victoria Beckham’s brand aesthetic. Paolo Riva, CEO of Victoria Beckham Ltd, […]

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Retail Asia12/11/2018

Japanese eyewear brand Jins has opened a striking new store in the Shanghai World Financial Center. The Jins store was designed by Tokyo-based architect Junya Ishigami without any external entrance and features concrete counters that appear to float in the air, set against a stark, industrial setting, sporting hundreds of fashionable glasses frames. The counters […]

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Retail Asia18/10/2018

Japanese mobile giant NTT Docomo, through its subsidiary NTT Docomo Ventures, has invested in QD Laser for an undisclosed amount. QD Laser – which was founded in 2006 as an offshoot of Fujitsu Ltd with funding from Mitsui Ventures – develops and manufactures semiconductor lasers, retinal scanning laser eyewear, and other products based on quantum dot laser […]

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Retail Asia26/02/2018

Eyewear manufacturer Safilo has appointed a new CEO this week, following the sudden departure Luisa Delgado, who relinquishes her role at the Italian firm for personal reasons, as of 28 February 2018. The maker and distribution of luxury sunglasses has named Andrea Trocchia as its new CEO. Trocchia will become director of the Safilo group […]

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