Tag: eyewear

Lenskart commits USD $50 million towards expansion in the UAE

Lenskart, eyewear retailer, has announced its foray into the Middle East market and plans to open its first retail store in Dubai soon. The company has committed $50 million (around AED185 million) towards the expansion in the UAE market. The eyewear specialist has launched its operations in the UAE through online offerings at its website ae.lenskart.com with…

Eyewear brand Ace & Tate raises €14mn for advancing European growth

Dutch eyewear brand Ace & Tate recently announced that it has raised a financial investment of €14.25mn led by existing investor Rinkelberg Capital LTD. The recent investment brings the 7-year-old company’s total funding to €57.5 million. The funding allows Ace & Tate to invest in three critical areas of the business: retail expansion in new…