The Wholesale segment focuses on the manufacture and distribution of a wide range of eyewear products, including luxury and sports eyewear. This segment is responsible for supplying frames and sunglasses to optical retailers, opticians, and other distributors globally. R&D activities include the development of new frame materials, designs, and manufacturing processes to enhance product performance and aesthetics. Technologies used include advanced materials science, 3D printing for prototyping, and precision manufacturing techniques. The segment's impact is seen in the availability of diverse eyewear options, catering to various consumer preferences and needs. Market positioning is strong due to the presence of iconic brands like Ray-Ban and Oakley, providing a competitive advantage through brand recognition and distribution networks. Future opportunities lie in expanding into emerging markets and leveraging e-commerce platforms for direct-to-consumer sales. Regulatory aspects involve compliance with international standards for product safety and quality. Partnerships with retailers and distributors are crucial for market access and sales growth.

The Retail segment operates a network of optical stores and online platforms, directly serving consumers with eyewear products and vision care services. This segment focuses on providing comprehensive eye exams, prescription eyewear, and sunglasses. R&D activities include the development of innovative retail experiences, such as virtual try-on technologies and personalized fitting services. Technologies used include advanced diagnostic equipment, automated lens processing, and data analytics for customer relationship management. The segment's impact is seen in improved access to vision care services and personalized eyewear solutions. Market positioning is enhanced through a strong retail presence and brand recognition. Competitive advantages include a wide selection of products, convenient locations, and professional eye care services. Future opportunities include expanding the retail network, enhancing online sales, and integrating telehealth solutions. Regulatory aspects involve compliance with healthcare regulations and professional standards for optometry. Partnerships with insurance providers and eye care professionals are essential for customer acquisition and service delivery.

This segment is dedicated to the research, development, manufacturing, and distribution of ophthalmic lenses and optical instruments. It offers a wide range of lens products, including progressive lenses (Varilux), anti-reflective coatings (Crizal), photochromic lenses (Transitions), and specialized lenses for digital device users (Eyezen). R&D activities focus on improving lens materials, coatings, and designs to enhance visual acuity, comfort, and protection. Technologies used include advanced optical design software, precision manufacturing equipment, and innovative coating processes. The segment's impact is seen in improved vision correction and eye health for millions of people worldwide. Market positioning is strong due to the company's leading brands and technological advancements. Competitive advantages include a broad product portfolio, strong distribution networks, and a commitment to innovation. Future opportunities include expanding into new lens technologies, such as myopia management lenses, and developing personalized lens solutions. Regulatory aspects involve compliance with international standards for lens quality and performance. Partnerships with eye care professionals and optical laboratories are crucial for product distribution and market access.

This segment focuses on the design, manufacturing, and distribution of non-prescription sunglasses and reading glasses. It offers a diverse portfolio of brands, including Foster Grant, Ray-Ban, Oakley, and many others. R&D activities include the development of new frame designs, lens technologies, and materials to enhance style, performance, and protection. Technologies used include advanced manufacturing processes, UV protection coatings, and polarized lens technologies. The segment's impact is seen in providing stylish and functional eyewear for sun protection and vision correction. Market positioning is strong due to the presence of iconic brands and a wide distribution network. Competitive advantages include brand recognition, product innovation, and a global presence. Future opportunities include expanding into new product categories, such as smart sunglasses, and leveraging e-commerce platforms for direct-to-consumer sales. Regulatory aspects involve compliance with safety standards and consumer protection regulations. Partnerships with retailers, distributors, and fashion brands are essential for market access and brand promotion.