ASX: OPS | |
Founded | 1932 |
Headquarters | , Australia |
Area served | Australia, New Zealand |
Owner | EssilorLuxottica |
Divisions | Budget Eyewear Laubman & Pank OPSM Ray-Ban Optical |
Website |
www |
OPSM (Optical Prescription Spectacle Makers) is a retailer of eye glasses in Australia and New Zealand, with locations in Hong Kong, Singapore, and Malaysia. It is owned by EssilorLuxottica, a French-Italian eyewear conglomerate.
OPSM's CEO since October 2020 is Matteo Accornero.
OPSM was founded in Sydney in 1932, and was floated on the Australian Securities Exchange in 1962. [1] In May 2001, OPSM sold its Protector Safety Supply Group to Howard Smith. [2] Luxottica acquired a controlling interest in 2003 and in February 2005, OPSM was delisted from the Australian Securities Exchange. [3] [4] [5]
In 2010, OPSM opened the Eye Hub concept store in the Melbourne suburb of Hawthorn, blending optometry and ophthalmology into one practice. [6] As to 2018, it operated 330 stores and 41 franchises. [7]
Laubman & Pank became at one stage the largest eye care business in Australia. [8] It began operations in 1908 with two optometrists deciding to set up their own business. [8] The group was acquired by OPSM in 2001 and is now run by Luxottica, the world's biggest eye care and eye wear conglomerate. [8] Laubman & Pank has 38 stores in Australia. [9]
OPSM acquired The Optical Centre [10] ( Chinese: 藝視眼鏡) from Michael Miu in 2002. [11] At that time OPSM also owned another Hong Kong based chain The Optical Shop (known in Chinese under the brand 高登眼鏡). [11] Nowadays Luxottica group runs the Hong Kong chain under dual-brand LensCrafters 高登眼鏡. It also used the brand Sunglass Hut.