The global market for glasses is a big industry that is still growing. As of 2015, the total worldwide eyewear industry (encompassing both prescription glasses worn for vision and “fashion” eyewear like sunglasses) was worth roughly $90 billion, and forecasted to reach as much as $140...
It’s a story commonly heard from children – and a story that, in this case, led to a fresh idea for subscription commerce. As told to PYMNTS in a recent interview, the story involves the son of Gabriel Schlumberger, CEO of U.S.-based Fitz Frames, which...
Entrepreneurs often start companies stemming from their personal experiences. Heidi Hertel founded Fitz Frames, for instance, after her experiences with buying eyeglasses with her children. She has three kids, and two of them have worn glasses since they were toddlers. “I spent a lot of...
Warby Parker announced it has received a $75 million investment, led by its existing backer T. Rowe Price. This latest funding will allow the company to stay private for the near future. The investment brings the value of the eight-year-old company to $1.75 billion. Warby...
January 31, 2020
Want to know how the future of eCommerce looks? Well, you could do worse than taking a deeper dive into the world of prescription eyewear. It’s an industry that has — and continues to — shift quickly from its brick-and-mortar roots to an often innovative eCommerce experience. In a new PYMNTS interview, David Roger, co-founder […]
August 20, 2019
It’s a story commonly heard from children – and a story that, in this case, led to a fresh idea for subscription commerce. As told to PYMNTS in a recent...
March 15, 2018
Warby Parker announced it has received a $75 million investment, led by its existing backer T. Rowe Price. This latest funding will allow the company to stay private for the near future. The investment brings the value of the eight-year-old company to $1.75 billion. Warby Parker last raised a $100 million investment in 2015. The […]
March 09, 2018
Warby Parker is reportedly seeking $75 million in Series E funding. The company discussed the plans in a Wednesday (March 7) filing with the state of Delaware signed by CEO...
