FIELMANN AG · Hamburg Germany ·(German: FIE)
Company Description
Phone: +49-40-270-76-442
Fax: +49-40-270-76-150
Rankings
- MDAX
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This link will open in a new window In the eye of any beholder, FIELMANN is one of Europe's top opticians. It is #1 in Germany, where it accounts for about half of all glasses sold. FIELMANN annually sells about 6 million pairs of glasses at more than 600 stores in its homeland and in Austria, the Netherlands, Poland, and Switzerland. The firm also sells sunglasses and contact lenses. FIELMANN buys in such volume that it sells its eyeglasses at discounts up to 70%. The company's vision isn't short-sighted. In addition to retailing, FIELMANN makes its own frames and lenses for sale in its outlets. The company also sells other brands in its stores. The FIELMANN family owns about 70% of the company. To read the full description, subscribe now.
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Key FIELMANN AG Financials
| Company Type | Public - German: FIE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $338.7 |
| Employees | 3 |
FIELMANN AG Executives
7 executives listed for FIELMANN AG's Hamburg, location.
| Title | Name & Bio | Contact |
| Chairman | Mark Binz | Network |
| Chairman and CEO | Günther Fielmann | Network |
| Director Finance and Properties | Georg Zeiss | Network |
Competition
Competitive Landscape for FIELMANN AG
Demand is driven by demographics, fashion, and changing healthcare practices. Most important is the aging US population, which is increasing demand for eye exams and glasses. The profitability of optometrist practices depends on efficient operations and whether they also sell glasses and contact lenses. There are few economies of scale in retail operations, except that large stores can offer a larger choice of product styles. Small retailers can often compete successfully with large chains by offering a different product mix. Eyeglass purchases are mildly cyclical with the economy, as many consumers view extra glasses as an expense that can be deferred. To read the full description, subscribe now.Top FIELMANN AG Competitors
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