Vuarnet

Based in France, Vuarnet, a premium eyewear company, specializes in high-quality sunglasses and optical eyewear, designed for outdoor activities and lifestyle purposes, all crafted with attention to detail since 1957. Founded in 1957, Vuarnet is a renowned eyewear company based in Paris, France, focusing on high-quality sunglasses and optical eyewear. The company has received a total of 3 funding rounds, with the most recent being an ADD-ON round of EUR 4. 00 mn from Alain Mikli International on September 5, 2023.

Vuarnet was recently acquired by Thélios S. p. A. , a portfolio company of Marcolin SpA and LVMH Moet Hennessy Louis Vuitton, enhancing its resources and global reach.

Vuarnet specializes in high-quality eyewear, particularly sunglasses, optical eyewear, and a line of apparel, all crafted in France since 1957. Their core product offerings include mineral glasses and sunglasses designed for various outdoor activities, including sports like skiing, cycling, and water sports, as well as lifestyle categories. The sunglasses feature advanced lens technologies such as polarized and photochromic options, enhancing clarity and protection against harmful UV rays. Vuarnet serves a diverse client base that includes both individual consumers and retail partners across various geographical markets including Europe, North America, and select regions in Asia.

The brand positions itself in the premium segment, targeting outdoor enthusiasts and fashion-conscious customers who value quality and style. In 2022, Vuarnet generated revenue of EUR 9,226,366. 60, while recording an EBITDA of EUR -1,009,400. 20 for the same year.

The company generates revenue through direct-to-consumer sales via their e-commerce platform and physical boutiques located in major cities such as Paris, New York, and Megève, alongside partnerships with select retailers and opticians to expand its distribution network. Vuarnet plans to leverage the recent acquisition by Thélios S. p. A.

to enhance its research and development capabilities and expand its technical expertise and global reach. This strategic move is expected to propel the brand's growth and facilitate its expansion into new markets. Upcoming new product launches and specific geographical targets for expansion have yet to be disclosed, but the acquisition aims to bolster Vuarnet's overall growth strategy.