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Fielmann AG

Company Profile Analysis

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Fielmann AG - Food & Beverages showcase

Year Founded & Workforce

1972

22,000 Employees

Industry

Food & Beverages

Services

Global Sunglasses Market
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Fielmann AG Employee Contacts

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Fielmann AG Overview

Company Headquarters: Hamburg, Germany

Founded: 1972

Workforce: ~22,000

Company Working: Fielmann AG (Fielmann) is a family-owned business engaged in the manufacturing of glasses, contact lenses, and related eyewear products. It has an omnichannel business model covering digital sales channels, with more than 900 branches. The company supplies sunglasses, glasses, contact lenses, and hearing aids. The company operates through various subsidiaries and retailers across Germany, Switzerland, Luxembourg, the Netherlands, and Poland. The company owns various brands of sunglasses which includes, Adidas, Alexander McQueen, Bogner, Bolle, Boss, Botaniq, Burberry, Calvin Klein, Carolina Herrera, Carrera, Chiara Ferragni, Chleo, Converse, Cebe, David Beckham, Davidoff, Diesel, DKNY, Dsquared2, ell, Emporio Armani, Ermenegildo Zegna, Escada, Esprit, Fell Man, Fila, Furla, Gant, Givenchy, Gucci, Guess, Hackett, Hugo, Humphrey’s, Isabel Marant, Jaguar, Yup, Julbo, Karl Lagerfeld, Kate Spade, Kenzo, Lacoste, Levi’s, Liu Jo, Lozza, Marc Jacobs, Max Mara, Mexx Eyes, Nike, Pepe Jeans, Ray Ban, Smith, Woodland, and more.

Strategy

Fielmann AG is focused on the expansion of its operations in other emerging markets. The company has a strong portfolio of sunglasses products and is looking to grow its market share in the sunglasses and eyewear industry. The company is also looking to expand its distribution network and reach out to rural region.

Company Snapshot

$28,443M

Revenue

22,000

Employees

1972

Founded

Hamburg, Germany

Headquarters

SWOT Analysis

Strengths

  • Diverse Product Offerings.
  • The company has a good market share in Germany, with a strong presence in the eyewear industry

Weaknesses

  • Less Focused On Marketing Activities.
  • No recent development related to the eyewear market.

Opportunities

  • International expansion
  • The business has the chance to use cutting-edge technology to develop high-quality goods at low cost

Threats

  • Distance sale competition
  • Fast dynamics and competitors in the eyewear industry

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Product Offering

  • Fielmann AG
    • Global Sunglasses Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 28,443 Mn in 2019 to USD 23,049 Mn in 2021.
Fielmann AG — By Business Segment
Series (USD Mn)201920202021
Sales28,44318,92823,049

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