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Update on the Fayolle Project

Eyewa now has 50 stores selling eyeglasses in the Mideast, and just raised $00M to add 00 more


//business-finance.news-articles.net/content/202 .. -mideast-and-just-raised-00m-to-add-00-more.html
Published in Business and Finance on Wednesday, November 27th 2024 at 1:40 GMT by Bill Williamson   Print publication without navigation

  • Helping consumers find the perfect glasses is a booming global business, spawning giants like Warby Parker in the U.S. and Lenskart in India. In the Middle East, this market is producing its own rising powerhouse: Eyewa.

Eyewa, a leading omnichannel eyewear brand in the Middle East, has expanded its physical retail presence to 150 stores across the region, including key markets like the UAE, Saudi Arabia, Kuwait, and Bahrain. This expansion comes alongside their online platform, which has seen significant growth, now offering over 1,000 styles from more than 50 international brands. The company has also introduced innovative services like virtual try-on and home eye tests, enhancing customer experience. Eyewa's growth is supported by a recent $8.7 million Series B funding round, aimed at further scaling operations and enhancing technological capabilities. This strategic move not only solidifies Eyewa's position in the eyewear market but also reflects the increasing consumer demand for both online and offline shopping experiences in the region.

Read the Full YAHOO!Finance Article at [ https://finance.yahoo.com/news/eyewa-now-150-stores-selling-060000604.html ]

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