I have been digging deep into a couple of listed companies that are in the eyewear industry as the number of people wearing spectacles, contact lenses /& sunglasses are increasing due to changes in our lifestyle and our bad habits of constantly being connected to our gadgets.
Source: GVNV website
I looked at Grandvision NV (GVNV), Safilo Group S.p.A (SFL), Luxottica Group SpA (LUX) and Essilor International Compagnie Generale D'Optique SA (EI) and Hoya Corporation (Hoya). I think people prefer snippets of stocks rather than in-depth analysis, so that's what I'll be doing from now on.
Source: LUX website
Of the four, I am most interested in LUX and EI for different reasons. LUX's business model is pretty much evenly split between wholesale and retail whereas GVNV and SFL are >90% either wholesale or retail. LUX has an impressive track record and it seems to be a favored ......