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Gold Coast-based Valley Eyewear, known for its celebrity endorsements and international presence, has entered liquidation. A Federal Court order mandates an urgent sale of the company’s assets, including intellectual property and a significant stock inventory.
In a strategic move to expand its footprint across Southeast Asia, Jins, a renowned Japanese eyewear retail brand, has inaugurated its introductory store in Vietnam. The expansive 200-square-meter flagship store is centrally located at Saigon Centre in Ho Chi…
Jacques Marie Mage, the luxury eyewear brand based in Los Angeles, has recently opened its flagship store in Omotesando, Tokyo. The store is housed in a contemporary three-story building, boasting an interior lavishly designed by Shinichiro Ogata, the founder…
The global eyewear market is on a meteoric rise, poised to expand from $200.46 billion in 2024 to an astonishing $323.76 billion by 2030, according to The Research Insights. This impressive growth translates to a compound annual growth rate (CAGR) of 8.3%, a…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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