Etnia Barcelona has acquired the Catalan eyewear brand, Lool Eyewear, growing its position in the eyewear market through the development of both its own brands and the integration of other independent brands.
"Through this acquisition, Etnia Barcelona reaffirms its growth strategy for the optical eyewear market, growing its portfolio with an eyewear brand that boasts a technological spirit and specialises in lightweight eyewear, while also offering potential in sustainability,” commented an Etnia Barcelona spokesperson.
Etnia Barcelona said it anticipates closing 2021 with global billing of €80m (NZ$135m), representing a 20% growth compared to 2019, and a 42% growth compared with 2020.
