Fielmann news and archive

Fielmann increases profit and expects slightly higher margin

The optician chain Fielmann increased its profits in the first half of the year. According to preliminary calculations, earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by around 14 percent to 235 million to 240 million euros, as the company announced on Thursday ahead of the annual general meeting in Hamburg. The...

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Fielmann drives US expansion with acquisition of Shopko Optical

German eyewear retailer Fielmann Group AG has outlined its intention to expand its presence in the US with an acquisition in the region. The group announced that its subsidiary Fielmann USA Inc. had signed an agreement with the financial investor Monarch Alternative Capital LP to acquire all shares in the retail chain Shoptikal Topco Inc (Shopko...