法人別リリース

L Catterton Asia and Mitsui & Co.’s Investment Arm Make Equity Participation in OWNDAYS

OWNDAYS — Mon, 12 Nov 2018 14:00:00 +0900

TOKYO, Nov. 12, 2018 /Kyodo JBN/ --
OWNDAYS Inc.
L Catterton Asia and Mitsui & Co.’s Investment Arm
Make Equity Participation in OWNDAYS
OWNDAYS Inc. ( “OWNDAYS” ; President and CEO: Shuji Tanaka ), the holding company of the OWNDAYS group, is pleased to announce that it has entered into an agreement with two companies -- L Catterton Asia ( “LCA” ) and Mitsui & Co., Principal Investments Ltd. ( “MCPI” ) -- on third-party allocation of shares amounting to 3 billion yen as well as on partial transfer of shares held by the current management team.

The current management team headed by President and CEO Shuji Tanaka will continue to hold a substantial stake and to manage OWNDAYS hereafter. This is the first investment in a Japanese company for L Catterton Asia.

Leveraging on the global network, insight into retail & consumer goods industry and management-improvement capabilities of LCA and MCPI, OWNDAYS will continue to deepen its unique corporate culture, as well as to enhance its corporate value. The company aims to become the leading optical retail player both in Japan and across Asia with over 500 stores in the next 5 years.

With over $15 billion of equity capital across six fund strategies in 17 offices globally, L Catterton is the largest and most global consumer-focused private equity firm in the world. L Catterton's team of more than 160 investment and operating professionals partners with management teams around the world to implement strategic plans to foster growth, leveraging deep category insight, operational excellence, and a broad thought partnership network. Since 1989, the firm has made over 200 investments in leading consumer brands. L Catterton was formed through the partnership of Catterton, LVMH and Groupe Arnault. For more information about L Catterton, please visit lcatterton.com.

MCPI was established in May 2003 as a private equity arm backed by Mitsui & Co. group, and follows Mitsui’s slogan "Challenge and Innovation" in its engagement in the investment business. MCPI aspires to (1) create corporate value by leveraging Mitsui’s networks, (2) achieve operational improvement by providing full-time, hands-on support, and (3) propose a flexible investment structure according to the specific needs and conditions of each company. MCPI makes private equity investments both in Japan and overseas, providing managerial support to increase corporate value.

OWNDAYS Inc.
OWNDAYS Inc. is a Japanese eyewear brand with retail presence in 10 markets, including Japan, Singapore and Taiwan. It operates 257 stores globally. As a fast fashion eyewear retailer, OWNDAYS is constantly challenging itself to explore new market potential while innovating and improving its products and services. Standing by its philosophy of “enriching the lives of people associated with OWNDAYS”, the brand aspires to be the eyewear of choice for consumers around the world.

Japanese Eyewear Brand OWNDAYS Enters Europe: First Shop Opens in Netherlands on September 21, 2016

OWNDAYS — Mon, 26 Sep 2016 14:00:09 +0900

TOKYO, Sept. 26, 2016 /Kyodo JBN/ --
OWNDAYS CO., LTD.
Japanese Eyewear Brand OWNDAYS Enters Europe:
First Shop Opens in Netherlands on September 21, 2016
- Simple Pricing System from 98 Euros to 198 Euros, Including Frames & Lenses; 20-minute Quick Processing -

OWNDAYS CO., LTD. headquartered in Tokyo, which makes and sells eyewear under the OWNDAYS brand, launched its first retail outlet in the Netherlands on September 21, 2016. This marks the 10th country to see its retail presence since the company began its global expansion in July 2013.

Characteristics of OWNDAYS
1. Simple Pricing System
Unlike traditional optical shops where prices are usually confusing, involving separate charges for frames and for different types of lenses, OWNDAYS has a pricing system that is simple and easy to understand. Priced from 98 euros to 198 euros, all prices are indicated clearly on the frames, and include frames and high index aspheric lenses as well as spectacle cases and cleaning cloth. There is no additional charge for customers who require thinner lenses for strong prescription.

2. 20-Minute Quick Processing
With over 2,000 lenses stocked in the shop, OWNDAYS is able to process customers' glasses within 20 minutes after eye check and payment are completed. In this case, customers could get their glasses on the same day, saving them the time and efforts to make repeat trips to the shop to collect their glasses.

3. Wide Collection of Styles
OWNDAYS carries more than 1,500 designs of frames ranging from basic and functional to stylish and fashion-forward so customers can pick the right pairs of glasses to suit their lifestyles or to match occasions and functions. With a team of in-house designers based in Japan, the brand regularly adds new designs to its existing collections so customers always see something new each time they visit the shop.

Shop Details
The new OWNDAYS shop is located in Passage, The Hague, a beautiful area bustling with retail and food & beverages establishments.

Shop Name: OWNDAYS Den Haag
Address: Shopping Centre Passage, Spuistraat 26/Passage 59, The Hague
Floor size: 80 square metres

The company plans to open 30 stores in the Netherlands in the next 3 years.

For more information, visit www.owndays.com

About OWNDAYS
OWNDAYS is a leading eyewear brand from Japan with more than 170 shops in Singapore, Taiwan, Thailand, Cambodia, the Philippines, Australia, Malaysia and Vietnam as well as Japan. The company sells over 1,500,000 pairs of glasses a year. It is one of the few companies in the world that have implemented the SPA (Specialty store retailer of Private label Apparel) system in the optical business where the entire process from design and manufacturing to inventory management and retail is managed from within. This system has allowed the company to maintain the highest level of product quality in order to meet the Japanese Industrial Standards while keeping prices affordable. The company's CEO is Shuji Tanaka.

As it increases its global footprints, OWNDAYS continues to challenge itself to provide eyewear that is both functional and fashionable. The company aspires to be the eyewear of choice for everyone by constantly innovating and improving its systems and services. For more information, visit www.owndays.com

OWNDAYS to Open Eyewear Shops in Thailand and Cambodia

OWNDAYS — Mon, 28 Sep 2015 16:00:50 +0900

TOKYO, Sept. 28 /Kyodo JBN/ --
OWNDAYS CO., LTD.
OWNDAYS to Open Eyewear Shops in Thailand and Cambodia
OWNDAYS CO., LTD. (headquartered in Tokyo; President & CEO: Shuji Tanaka), which produces and sells fashionable and trendy eyewear and operates 130 shops in Japan, Singapore, Taiwan and China, opens OWNDAYS shops in Thailand and Cambodia in October.This is the first time for the company to expand its business into these two Southeast Asian countries.

- Greatest characteristics of OWNDAYS services

The greatest characteristics of services that OWNDAYS provides in respective countries are as follows:

- Simple Price System

Ordinary optical shops charge customers for frames and lenses separately, and require high optional charges depending on types of lenses, making pricing systems complicated and difficult to understand.

OWNDAYS' price system is amazingly simple. It has eliminated additional charges for all single-vision lenses (what's more all of its single-vision lenses are High/Super-high Index Aspheric lenses!), and offers all glasses at set prices indicated on its frames - surely there's no additional charges for lenses no matter whatever customer-required lenses are. This is a very unique and very customer-friendly pricing system in the eyeglass industries of the region.

- Process in min. 20 minutes.

Every OWNDAYS Shop has a wide range of and large number of stock lenses. This enables the shop to serve customers with very quick processing of spectacles. Backed by in-depth knowledge and excellent techniques of staff as well, OWNDAYS shop can provide customers with spectacles as quick as in 20 minutes after the payment!

- Use of High-quality lenses

OWNDAYS provides only high-quality lenses, which are High Index Aspheric Lenses with multi-layer coating that blocks ultraviolet rays. Optional Lenses are available - Progressive, Polarized, Transition, Color and Blue-light Protection Lenses to meet various needs of customers.

- Overview of New Shops

OWNDAYS opens its Thai shop at Mega Bangna, a large commercial complex in the suburbs of Bangkok. Its Cambodian shop is located at Aeon Mall Phnom Penh in the heart of the capital.

OWNDAYS offers high-quality and fashionable products to local customers with Japanese-style courtesy.

- Thailand
Shop Name: OWNDAYS Mega Bangna
Planned Opening: Mid-October, 2015
Address: 1144, 39 Moo 6 Bangna-Trad Rd., Km.8 Bangkaew, Bangplee, Samutprakarn, 10540 Thailand
Floor Space: 145sqm

- Cambodia
Shop Name: OWNDAYS Aeon Mall Phnom Penh
Planned Opening: Mid-October, 2015
Address: #1026, street Samdach Sothearos Sangkat Tonle Bassac, Khan Chamkarmon, Phnom Penh, Cambodia
Floor Space: 95.704sqm

Shop URL: http://www.owndays.com/th/th/ (Thailand)
http://www.owndays.com/kh/km/ (Cambodia)

- Future Business Plan

OWNDAYS launched its business operations in Southeast Asia in July 2013, and now operates 14 shops in Singapore and six shops in Taiwan (as of September 2015).

The company has established its own overseas business model through its independent pricing system and services and is rapidly expanding its business activities.

OWNDAYS is determined to expand its business operations in Southeast Asian countries with the goal of opening 100 shops over the next five years.

About OWNDAYS CO., LTD.
OWNDAYS CO., LTD., which operates 130 shops throughout Japan as well as in Singapore, Taiwan and China and sells 1 million pairs of glasses a year, establishing itself as an eyewear fast-fashion brand. The company is expanding its business activities in the global market as the operator of a worldwide fast-fashion eyeglass chain. OWNDAYS will continue to proactively stimulate demand for our products and provide services in the world, aiming to become a full-fledged global go-to company.