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  September 5, 2001
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Home > Company Index > Consumer Products-Durables  > Miscellaneous Durable Consumer Goods > FIELMANN AG

FIELMANN AG
 PROFILE
In the eye of any beholder, Fielmann is Europe's #1 optician. It accounts for about 40% of all glasses sold in Germany. Fielmann also operates eyewear stores in Austria, the Netherlands, Poland, and Switzerland. Fielmann annually sells about 5 million pairs of glasses at 480-plus stores. The firm also sells sunglasses and contact lenses. Fielmann's vision isn't short-sighted; in addition to retailing, the company also makes eyeglasses. Founded in 1972 by Gunther Fielmann, the company was a pioneer in offering increased eyeglass choices and lower prices to German consumers accustomed to the utilitarian eyewear provided by the state. The Fielmann family owns about 70% of the company.

 COMPETITION
Cole National Corporation (CNJ)
Luxottica Group S.p.A. (LUX)
Sola International Inc. (SOL)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 544.10
1-Yr. Sales Growth: 3.8%
Employees: 9,150
Revenue per employee: $59,464.48

 KEY PEOPLE
• Günther Fielmann
    CEO
• Hans-Joachim Oltersdorf
    CFO

 CONTACT INFO
Weidestrasse 118A
22083 Hamburg, Germany
Phone: 49-40-270-76-0
Fax: 49-40-270-76-399
Online: Web Site

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