Lenskart acquires Japan’s Owndays in $400 million deal - Economic Times

6/30/2022 12:00:00 AM2 years 10 months ago
by ETtech
by ETtech
Together, both brands now have an annual revenue run rate of $650 million for FY23.
Lenskart, an omnichannel eyewear retailer backed by Japans SoftBank, has picked up a majority stake in Japanese direct-to-consumer eyewear brand Owndays. The strategic partnership through this merge… [+2567 chars]
full article...