Fielmann AG (FLMNY) Research

Fielmann Aktiengesellschaft is a leading German company primarily involved in the retail and investment aspects of the optical and audiological sectors. Its product portfolio encompasses a broad selection of visual aids, including prescription spectacles, frames, various types of lenses, sunglasses, contact lenses, and related accessories, alongside general merchandise. Additionally, Fielmann supplies hearing aids and their accompanying accessories. The company distributes its offerings through both its online platforms and a vast network of physical stores. By the end of 2021, Fielmann managed 693 major retail locations throughout Europe, with a substantial concentration in Germany (610 stores). Other key markets included Switzerland (45), Austria (38), Italy (43), Spain (87), Poland (37), Slovenia (32), and Luxembourg (3), with 15 further stores spread across the rest of Europe. In addition to these, it maintained 78 smaller retail points in Eastern Europe. Established in 1972 and based in Hamburg, Germany, Fielmann AG operates as a subsidiary under the Korva SE group.

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