Skip to main content

Agenda-setting intelligence, analysis and advice for the global fashion community.

LVMH’s Thelios Acquires French Eyewear Brand Vuarnet

LVMH’s Thelios acquires French eyewear brand Vuarnet. (Instagram/@vuarnetofficial)

By

Reuters

05 September 2023

French luxury house LVMH’s eyewear Thelios unit said on Tuesday it had acquired French high-end sunglass brand Vuarnet from NEO Investment Partners without disclosing any financial details.

The deal is the first brand acquisition for Thelios, which designs, produces and distributes sunglasses and optical frames for brands such as Dior, Fendi and Givenchy.

Thelios, which aims to “restore the brand’s former glory”, said that Vuarnet’s expertise in mineral lenses would help the group expand its know-how in this area.

By Elisa Anzolin; Editor: Cristina Carlevaro

ADVERTISEMENT

Learn more:

LVMH to Buy Marcolin’s 49 Percent Stake in Joint-Venture Thelios

France’s LVMH has reached an agreement with Italian group Marcolin to buy a 49 percent stake in Thelios, increasing its holding in the upscale Italian eyewear manufacturer for labels including Dior, Fendi and Celine.

In This Article

Topics

Luxury

Organisations

Tags

Mergers & Acquisitions

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Luxury

How rapid change is reshaping the tradition-soaked luxury sector in Europe and beyond.

Prada Sales Climb 9% in 2025 as Versace Era Begins

Prada Sales Climb 9% in 2025 as Versace Era Begins

Strong growth at Miu Miu helped lift results, but the Italian luxury group said that integrating Versace will weigh on margins in the near term as it begins the turnaround of the struggling brand

Swatch Group vs Morgan Stanley: It’s Time for Transparency

Swatch Group vs Morgan Stanley: It’s Time for Transparency

After Swatch Group launched an attack on Morgan Stanley’s influential annual watch report, Swatch-owned Tissot cracks open the door for a glimpse at some numbers and Robin Swithinbank says it’s time a secretive industry came clean on financials.

Is Armani Any Closer to a Stake Sale?

Is Armani Any Closer to a Stake Sale?

Half a year after Giorgio Armani’s death, it appears to be business as usual at the sprawling fashion empire while potential investors continue to circle with no firm bid in sight.

This Week: Gucci, Fendi and Marni Put to the Test

This Week: Gucci, Fendi and Marni Put to the Test

Kering, LVMH and OTB all have significant skin in the game this Milan Fashion Week with new designer runway debuts at storied Italian brands.

Latest News & Analysis

Unrivalled, world class journalism across fashion, luxury and beauty industries.

Victoria’s Secret Forecasts Its Best Year Since L Brands Split

The underwear company is anticipating net sales of at least $6.85 billion in the current fiscal year, exceeding analyst estimates and marking the highest revenue since its split from L Brands Inc in 2021.

Uniqlo Aims to Grow Tenfold in India With Summer-Centric Clothes

The Japanese brand is accelerating its expansion in India to capture a greater share of the rapidly growing apparel market and affluent consumer base.

Prada Sales Climb 9% in 2025 as Versace Era Begins

Strong growth at Miu Miu helped lift results, but the Italian luxury group said that integrating Versace will weigh on margins in the near term as it begins the turnaround of the struggling brand

Oasis Pressures Kao in Latest Japan Activist Investor Push

Activist fund Oasis Management Co. is calling on the Japanese personal care company to convene an extraordinary general meeting, seeking a probe into its supply-chain risk management and internal control.

The Business of Fashion

Agenda-setting intelligence, analysis and advice for the global fashion community.

CONNECT WITH US ON

© 2026 The Business of Fashion. All rights reserved. For more information read our , , and .