Fielmann Group (OTCMKTS:FLMNY) is a German-based optical retailer headquartered in Hamburg. Founded in 1972 by Günther Fielmann, the company has grown into one of Europe’s leading eyewear specialists. Fielmann Group operates a vertically integrated business model that encompasses design, production and retail, allowing it to offer a broad range of eyewear products at competitive prices.
The company’s product portfolio includes prescription eyeglasses, contact lenses, sunglasses and frames, supplemented by comprehensive eye examinations and fittings. Fielmann Group owns and operates its own lens laboratories, ensuring in-house manufacturing capabilities for both standard and premium lens solutions. In recent years, the group has also expanded its service offerings to include digital eye‐testing platforms and an ecommerce channel to serve online customers.
With over 1,000 retail outlets across Germany, Austria, Switzerland, Italy, Spain and other European markets, Fielmann Group combines a strong brick-and-mortar presence with growing digital sales. The company is known for its customer-friendly store layouts, extended service hours and trial-frame concept, which allows clients to compare multiple frame styles onsite. Its cross-border expansion strategy emphasizes both organic growth and selective acquisitions to strengthen market share.
Leadership of Fielmann Group passed in 2021 to Marc Fielmann, who serves as Chief Executive Officer and continues to drive innovation in product development and customer experience. Under his guidance, the company has pursued sustainability initiatives in frame sourcing and lens production. Fielmann Group remains committed to its founding vision of providing high-quality eyewear at accessible price points across Europe’s optical market.
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