Reliance, Pearle Europe plan 700 eyewear stores in 7'8 years

Vision Express - a joint venture between Reliance Retail (RRL) and Pearle Europe plans to open up to 700 eyewear retail chains, in the next 7 ' 8 years.

Reliance Retail is led by Mukesh Ambani, and Pearle Europe is the biggest optical retail group in Europe.

As of now the joint venture ' Vision Express have 41 stores in India. The Vision Express will continue to open company-owned stores with an average floor space of 800-900 sq ft.

On this, Guillame Brouwet, chief executive officer (CEO), Vision Express said, "We want to have a network of 500-700 outlets of Vision Express over the next seven to eight years. That's the longer term outlook."

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