Renowned eyewear retail chain, Lenskart has expanded its presence in the Kingdom of Saudi Arabia with the inauguration of its second store in Jeddah, closely following the debut store in the city just a month ago.
Situated at Yasmeen Mall, Al-Manar, the new outlet marks the company's sixth store in Saudi Arabia.
Mahmoud Elfeky, Associate Vice President – Retail, Lenskart, says, the company remains committed to serve its Saudi customers with premium eyewear crafted with cutting-edge German technology and elegant Italian design. The brand would continue to expand its store network in the region, he adds.
Lenskart made its foray into the Middle East market in 2021 with the opening of its first store in Dubai, UAE. At that time, the company pledged a significant investment of approximately $50 million for expanding its footprint in the UAE market, as documented in a company blog. Demonstrating its rapid expansion strategy in the Middle East, Lenskart has opened six new stores in the Kingdom of Saudi Arabia within a span of two months, with four in Riyadh and two in Jeddah.
Founded in 2010 by Peyush Bansal along with co-founders Amit Chaudhary and Sumeet Kapahi, Lenskart has grown exponentially, boasting over 1,500 stores across more than 175 cities in India, according to the company's official LinkedIn page. The omnichannel brand offers a diverse range of eyewear styles, exceeding 6,000 options, and has served over 40 million customers with 50 million app downloads. Lenskart's ambitious vision aims to cater to one billion eyes globally by 2025, reflecting its commitment to innovation and customer satisfaction.
