Invest in the development of luxury retail optical chain with an established base of 33 locations
The Business
The Company aims to become the leader of the luxury optical segment in Russia. The Company currently has 33 retail shops across Russia. The Company is seeking private equity investment funding to open new shops.
Market
The optical retail market in Russia has continued to develop in Russia like other consumer segments. Eyeglasses are no longer purely utilitarian; they have become an element of the fashion industry. Russian consumers are particularly fashion conscious, and luxury eyeglasses are increasingly seen as a facial accessory that highlights the personality of the wearer. For this reason, the luxury market for eyeglasses has strong potential in Russia.
Sector: Retail
Segment: Optical Retailer
Region: Russia
Financing Size: $5m to $20m
Contact: Anna Joukoff
Company: Kothos Holding
Telephone: +33 6 18 19 01 37
Email: [email protected]