Fielmann AG Stock

Description Fielmann

Fielmann AG is a German listed company that operates in the Retail industry. It is Europe's largest optical retail chain and offers a wide range of optical products and services, such as glasses, contact lenses, and hearing aids. The company was founded in 1972 by Günther Fielmann and has its headquarters in Hamburg, Germany.

Fielmann operates more than 750 stores in Germany, Austria, Switzerland, Poland, Luxembourg, the Netherlands, and Italy. The company employs more than 21,000 people and serves millions of customers annually. Fielmann is known for its quality products, affordable prices, and excellent customer service.

The company's stock is listed on the Frankfurt Stock Exchange and is included in the MDAX index, which tracks the performance of the 50 largest companies in the German stock market after the DAX index. Fielmann's stock performance has been steadily increasing over the last decade, with a market capitalization of around 7 billion euros as of 2021.

Competitors of Fielmann

Fielmann is a listed German company that specializes in the selling of eyewear and operates over 740 optical stores in Europe. There are several companies that compete with Fielmann in the eyewear market, but the most significant competitors are as follows:

1. EssilorLuxottica: This French-Italian company is the world's largest eyewear manufacturer and retailer, and it operates more than 10,000 stores globally. Its portfolio includes several well-known brands like Ray-Ban, Oakley, and Persol.

2. GrandVision: This Dutch company operates over 7,000 optical stores in over 40 countries under various brands such as Apollo-Optik, Vision Express, and Pearle Vision. It is the second-largest player in the global eyewear market, after EssilorLuxottica.

3. Specsavers: This British optical retail chain has over 1,800 stores in 10 countries, making it one of the largest optical retailers in the world. It offers a wide range of eyewear products at affordable prices.

4. Optic 2000: This French company operates over 1,200 optical stores in France and has a significant presence in Europe. It offers a wide range of eyewear products and services, including prescription glasses, sunglasses, and contact lenses.

5. Alain Afflelou: This French company operates over 1,000 optical stores in 15 countries and offers a wide range of eyewear products and services. It is known for its fashion-forward and trendy eyewear collections.

Overall, these companies pose significant competition to Fielmann in the eyewear market, with some offering similar products and services at comparable or better prices.

Suppliers of Fielmann

Fielmann is a Germany-based company engaged in the retailing of optical products. The most important suppliers of Fielmann are the manufacturers of eyeglasses and other optical products. Fielmann sources its products from a variety of suppliers including manufacturers of frames, lenses, coatings, and accessories.

Some of Fielmann's key suppliers include:

1. Essilor: Essilor is a global leader in eyewear and lens technology. They supply Fielmann with a range of lenses and coatings.

2. Luxottica: Luxottica is the world's largest producer of eyewear products. They supply Fielmann with a range of designer frames from brands such as Ray-Ban, Oakley, and Prada.

3. Carl Zeiss: Carl Zeiss is a leading manufacturer of precision optics and lens technology. They supply Fielmann with high-quality lenses for prescription eyewear.

4. Hoya: Hoya is a global provider of eyewear products and services. They supply Fielmann with a range of lenses and coatings.

Fielmann's relationships with these suppliers are critical to its ability to offer high-quality eyewear products at competitive prices to its customers. The company works closely with its suppliers to ensure that they meet its requirements for quality, sustainability, and ethical standards.