Is John Jacobs Lenskart brand?
The brand, which includes eight stores currently in Delhi, Pune and Bengaluru, will add six more in the next two months and aims to set up about 50 stores by March 2021. “John Jacobs has been witnessing strong growth, we be prepared to close this fiscal with a topline of Rs 180 crore. By March 2021, we expect our revenues to the touch Rs 500 crore,” Manan Duggal, Business Head, John Jacobs said. John Jacobs also retails through , Lenskart offline stores and services online orders from Australia, Philippines and the UK. The brand is now also readying itself to tap new geographies just like the US and Canada to expand its presence globally.
- The brand has clocked over Rs. 100 crore sales and plans to open 20 more outlets in Delhi, Gurugram, and Bengaluru, alongside entering Mumbai in 2018.
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- Bansal said Lenskart has already invested about USD 1 million and the excess USD 4 million will undoubtedly be directed towards expansion of shops and product range.
The brand has clocked over Rs. 100 crore sales and plans to open 20 more outlets in Delhi, Gurugram, and Bengaluru, along with entering Mumbai in 2018. Bansal said Lenskart has recently invested about USD 1 million and the excess USD 4 million will be directed towards expansion of retail outlets and product range. “The eyewear market in India is a Rs 20,000 crore opportunity. Of this, sunglasses and contact lenses is approximately 4,000-5,000 crore,” Bansal pointed out. Overall a good product but I believe you can get a same sort of product from different brand at an excellent price. The premium brand currently retails through 5 exclusive outlets – Khan Market , Galleria , Indiranagar , Koramangala and Vega City Mall along with its exclusive online destinations -Jacobs.com. Ratan Tata and S Gopalakrishnan have also invested in Lenskart.
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John Jacob Zwiegelaar create John Jacob Interiors in 2004. He’s got since made his name as the creator of unmistakable, highly bespoke, glamorous work underpinned by attention to detail, a feel for individual clients’ requirements and customer care. View John Jacobson’s profile on LinkedIn, the world’s largest professional community.
ICICI
You can drop a contact or call Lenskart customer support and they will help you arrange a reverse pickup. 3D Try On – Try on different eyeglasses and sunglasses in the comfort of your own home, virtually. Click and upload your image from your mobile camera, try on the eyewear you like online, choose the ones you like and share your pictures with your friends on social media. According to an Entrackr report, Tata will see a 28 times return on his investment of ₹10 lakh in eyewear retailer Lenskart from 2016….Ratan Tata is exiting Lenskart with returns of almost five times the investment.
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The Colour options for Flat Rs.1000 off on John Jacobs Sunglasses. Can be easily found by going to the individual product page on the merchant website. Plus exciting deals similar to this can also be found on the homepage of INRDeals that is constantly updated and fed with the best of bargains. This is a Limited time offer and is valid till stock last. Lenskart Face Analysis – An AI powered tool that helps you choose the perfect glasses to suit your face shape right from your home. All you have to do is click a selfie and we’ll provide you with the right size of eyewear that may fit you perfectly.
We have resources for everybody from the independently owned business owners, online-only retailers, and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 125 weekly posts and 13,6 million readers. I bought a pair of John Jacobs sunglasses from Lenskart.com. Actual price was INR 2200 however they were having major discount on sunglasses so first got it for INR 950 – Gunmetal finish green polarized sunglasses. Now quality wise the product is ok however when you look at the website it is possible to never guess its a Chinese product.
And the company is differentiating itself with innovations like the 3D try, reading glasses that do not fall off the nose, amongst others. Lenskart says that from the very beginning the brand has aimed to project eyewear as a category that makes consumers look good.
For instance, Lenskart partnered with a California-based startup to launch 3D Try-On, a feature that lets people try frames virtually. Also, in December 2017, it acquired a minority stake in Israel-based tech startup 6over6 for $1 Mn, having an try to change the vision care globally. Since January 2017, when Lenskart reported a massive 78% rise in its losses for FY16-17, the business has been aggressively formulating strategies to increase its sales and create value for the brand. An email delivered to Lenskart founder Peeyush Bansal didn’t elicit any response till enough time of publication.
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