Dutch optician chain Hans Anders’ turnover grew 6 % last year, to 203.7 million euro, but it also announced it would divest from the French market.
513 stores (for now)
Hans Anders continues its growth, as its full-year financials show, with turnover up 6 % from 192 to 203.7 million euro. The company, property of investment fund 3i, managed growth in every product category: (sun) glasses, contact lenses and hearing aid devices.
The group opened 12 stores and 17 franchise stores last year, bringing its store network up to 513 in the Netherlands, Belgium, Sweden (Direkt Optik) and France.
However, that French story has come to an end: the retailer has sold its 60 French stores to the Abittan family, which also owns the optician chain Acuitis. Hans Anders is focused on the “value for money” segment in the market, which is a difficult sell in France. Consumers get higher payouts from their insurance company in that market, leading to more expensive purchases. Its French divestment should be finalized later this month and will have a 6 % impact on its overall turnover.