Tekcapital’s Innovative Eyewear has announced a new partnership which will target the distribution of Lucyd smart eyewear in major retailing outlets across the United States.
The partnership is designed to accelerate Innovative Eyewear expansion by bolstering its distribution capabilities across the United States using Windsor Eyes’ well-established network within the optical retail sector.
Innovative Eyewear generated more revenue in Q4 2023 than it did in the preceding three quarters. Carrying this momentum into 2024 would mean a substantial increase in full-year revenue, and partnerships such as the one announced today will play a major part in achieving this.
Nautica smart eyewear powered by Lucyd launched in early 2024 and Reebok and Eddie Bauer-licensed smart eyewear is set to be released before long.
A substantial distribution network built of key industry players will be integral to ramping up sales across the Lucyd range.
“We are very pleased to announce our new partners at Windsor Eyes. We believe our proprietary smart frame technology, coupled with their decades of experience in the optical market, will be a powerful partnership that can potentially put smart eyewear in the hands of consumers throughout the U.S,” said Harrison Gross, CEO of Innovative Eyewear.
Windsor Eyes is a leading manufacturer and supplier of fashion eyewear, carrying brands including Bruno Magli, Sanctuary, Pier Martino, Adolfo, Eyecroxx, and their own brand names.
“We firmly believe that the era of smart eyewear going mainstream is upon us, and Innovative Eyewear has been at the forefront of this movement with their commitment to innovation, quality, and versatility. We are thrilled to collaborate with them to bring their groundbreaking smart eyewear to our major retail partners, ensuring widespread availability at leading optical points of sale across the United States,” said Ken Kitnick, President of Windsor Eyes.