GrandVision S.A. · Paris France
Company Description
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This link will open in a new window You can get a clearer view of Europe thanks to GrandVision. One of the largest eyewear groups on the continent, the company operates more than 550 retail optical outlets in 11 countries, mainly in France, Ireland, Italy, and the UK. Its optical chains include GrandOptical, Générale d'Optique, Solaris (sunglasses), and Vision Express (in the UK). Investment group HAL owns GrandVision, which was founded in 1981 by co-chairmen Daniel Abittan and Michael Likierman. HAL also controls leading eyewear retailer Pearle Europe . To read the full description, subscribe now.
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Key GrandVision S.A. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $17.7 |
| Employees | 5,770 |
GrandVision S.A. Executives
9 executives listed for GrandVision S.A.'s Paris, location.
| Title | Name & Bio | Contact |
| Chairman of the Management Board | Daniel Abittan | Network |
| Chairman of the Supervisory Board | G. Michael Likierman | Network |
| Management Board Member and General Manager | Elie Vannier | Network |
Competition
Competitive Landscape for GrandVision S.A.
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 GrandVision S.A. Competitors
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