Pearle Vision Seeks Florida Entrepreneurs To Own Neighborhood Eye Care Centers

Pearle Vision Seeks Florida Entrepreneurs To Own Neighborhood Eye Care Centers

PR Newswire

MASON, Ohio, April 10, 2014

MASON, Ohio, April 10, 2014 /PRNewswire/ -- Pearle Vision, one of North
America's largest and most trusted licensed optical brands, announced today
plans to convert 9 of its neighborhood eye care centers in Florida from
company-owned to licensee-owned. Locations are immediately available in South
Florida, Orlando, Gainesville and Naples, as well as other markets located
throughout the state.

Pearle Vision Logo

The company is currently seeking qualified candidates interested in owning and
operating their very own Pearle Vision to purchase an existing location with a
thriving customer base. This is part of Pearle Vision's 2014 expansion plans
to re-license 40 to 45 additional company-owned centers.

"Pearle Vision is poised for growth this year and has aggressive plans to
convert corporate-owned neighborhood eye care centers to licensees," said
Tammy Reaves, vice president of licensing and development at Pearle Vision.
"We are seeking optometrists and eye care professionals across Florida who
have a desire to serve their communities and provide the best possible eye
care to their patients to join our growing network of licensed operators."

Opportunities are available for qualified licensees throughout the state of
Florida. The specific location of centers Pearle Vision is looking to convert
to licensed ownership, include:

  oLeesburg-Lake Square Mall (Leesburg, Fla.)
  oGainesville-Oaks Mall (Gainesville, Fla.)
  oFashion Square (Orlando, Fla.)
  oSouthern Palm Crossings (Royal Palm Beach, Fla.)
  oCoastland Center Mall (Naples, Fla.)
  oViera Market Center (Viera, Fla.)
  oBoynton Town Center (Boynton Beach, Fla.)
  oLoop West (Kissimmee, Fla.)
  oCarter Square (Miami, Fla.)

Pearle Vision has a significant legacy in the industry and has continued to
outpace competitors by evolving to meet patients' changing needs by offering
quality products and services they desire. With 600 centers located throughout
North America, the company offers best-in-class eye care provided by
neighborhood doctors who are skilled optometrists, a principle created by Dr.
Stanley Pearle in 1961. Most recently, Pearle Vision ranked #112 in
Entrepreneur's2014 Franchise 500, making a 48-point increase from the 2013

To fuel further growth, the company is looking for optometrists interested in
licensing opportunities. Ideal candidates for Pearle Vision ownership should
possess a desire to join a trusted industry-leading brand and work within a
proven system to provide exceptional eye care and superior patient service.
Pearle Vision licensees can expect their initial investment to build a new
center to cost approximately $200,000, in addition to a licensing fee of

Optometrists interested in exploring re-licensing or new development
opportunities in Florida should contact Sherry Merriman, at or (630) 849-6119. For more information, please

About Pearle Vision
Pearle Vision was founded in 1961 by Dr. Stanley Pearle, who began the concept
of one-stop, total eye care with the opening of the Pearle Vision Center in
Savannah, Ga. Pearle combined complete eye exams with an extensive selection
of eyewear. In 1981, Pearle Vision began offering licenses to select doctors
and opticians. Today, with 600 eye care centers throughout the United States,
Pearle Vision is built around a doctor-centered business model with a primary
focus to deliver genuine eye care to patients and become a trusted source for
all their eye health needs. Pearle Vision is owned by Luxottica, a leader in
premium fashion, luxury and sports eyewear. For more information, visit

Luxottica Group S.p.A.
Luxottica Group is a leader in premium, luxury and sports eyewear with over
7,000 optical and sun retail stores in North America, Asia-Pacific, China,
South Africa, Latin America and Europe, and a strong, well-balanced brand
portfolio. Proprietary brands include Ray-Ban, the world's most famous sun
eyewear brand, Oakley, Vogue Eyewear, Persol, Oliver Peoples, Alain Mikli and
Arnette while licensed brands include Giorgio Armani, Bulgari, Burberry,
Chanel, Coach, Dolce & Gabbana, Donna Karan, Polo Ralph Lauren, Prada, Starck
Eyes, Tiffany and Versace. In addition to a global wholesale network involving
130 different countries, the Group manages leading retail chains in major
markets, including LensCrafters, Pearle Vision and ILORI in North America,
OPSM and Laubman & Pank in Asia-Pacific, LensCrafters in China, GMO in Latin
America and Sunglass Hut worldwide. The Group's products are designed and
manufactured at its six manufacturing plants in Italy, two wholly owned plants
in the People's Republic of China, one plant in Brazil and one plant in the
United States devoted to the production of sports eyewear. In 2013 Luxottica
Group posted net sales of more than Euro 7.3 billion. Additional information
on the Group is available at

Safe Harbor Statement
Certain statements in this press release may constitute "forward looking
statements" as defined in the Private Securities Litigation Reform Act of
1995. Such statements involve risks, uncertainties and other factors that
could cause actual results to differ materially from those which are
anticipated. Such risks and uncertainties include, but are not limited to, the
ability to manage the effects of the current uncertain international economic
outlook, the ability to successfully acquire and integrate new businesses, the
ability to predict future economic conditions and changes to consumer
preferences, the ability to successfully introduce and market new products,
the ability to maintain an efficient distribution system, the ability to
achieve and manage growth, the ability to negotiate and maintain favorable
license agreements, the availability of correction alternatives to
prescription eyeglasses, fluctuations in exchange rates, changes in local
conditions, the ability to protect intellectual property, the ability to
maintain relations with those hosting our stores, computer system problems,
inventory-related risks, credit and insurance risks, changes to tax regimes as
well as other political, economic and technological factors and other risks
and uncertainties referred to in Luxottica Group's filings with the U.S.
Securities and Exchange Commission. These forward looking statements are made
as of the date hereof and Luxottica Group does not assume any obligation to
update them.

Rachel Tabacnic

Emily Ryan

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SOURCE Pearle Vision

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