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Thread: Bailey N.elson in Gastown

  1. #1
    Independent Problem Optiholic edKENdance's Avatar
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    Bailey N.elson in Gastown

    These guys seem to have come from nowhere. http://www.baileynelson.ca/boutiques/gastown.html

    Essilor or Lux? They say their frames are made in the same place that Oliver Peoples frames are made.

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    why e or l? maybe warby parker is cloning themselves. or someone thinks mimicking wp is a good business plan. not that imaginative!

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    Independent Problem Optiholic edKENdance's Avatar
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    Quote Originally Posted by optimensch View Post
    why e or l? maybe warby parker is cloning themselves. or someone thinks mimicking wp is a good business plan. not that imaginative!
    They're an internet start-up from Australia that's been around for about 2 years. I'd imagine that opening stores on an international playing field might require a pretty heavy player on the team. I don't see Warby Parker opening stores in other countries.

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    If you are going international, why not look for the location with the least amount of resistance. as a non-regulated province BC is a perfect test market location.

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    Blue Jumper Lots of them and more at .............................

    Quote Originally Posted by edKENdance View Post

    They're an internet start-up from Australia that's been around for about 2 years. I'd imagine that opening stores on an international playing field might require a pretty heavy player on the team. I don't see Warby Parker opening stores in other countries.

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    Independent Problem Optiholic edKENdance's Avatar
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    Um, Chris. Those are all located in the USA. BN is the first onliner to my knowledge that has opened up doors internationally. My money is on E. Same goes for Bon Look.

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    Quote Originally Posted by edKENdance View Post
    Um, Chris. Those are all located in the USA. BN is the first onliner to my knowledge that has opened up doors internationally. My money is on E. Same goes for Bon Look.
    I don't know about BN, but I am quite certain that E has no ownership in Bonlook. I figure that just like it did with CC, E will buy them out and make the founders real money. E is great at taking from loyal ECPs and their customers and giving golden parachutes to webby startups. Its the new way of getting rich - build a money losing eyeglass slinging website, and sell for huge windfall to E (or lux).

    No, I am not bitter or jealous. Ok. maybe just a little bit. Meh.

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    Quote Originally Posted by edKENdance View Post
    Um, Chris. Those are all located in the USA. BN is the first onliner to my knowledge that has opened up doors internationally. My money is on E. Same goes for Bon Look.

    Coastal was international and operated under different names.

    The share holdings were very interesting as well.

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    Independent Problem Optiholic edKENdance's Avatar
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    Quote Originally Posted by idispense View Post
    Coastal was international and operated under different names.

    The share holdings were very interesting as well.

    What other countries does Coastal have brick and mortar stores in? I was fairly certain they've only opened a couple in Canada.

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    Independent Problem Optiholic edKENdance's Avatar
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    Oddly enough I noticed that CC opened its first b/m in Sydney. This was after the Essilor buyout though.

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    Quote Originally Posted by edKENdance View Post
    What other countries does Coastal have brick and mortar stores in? I was fairly certain they've only opened a couple in Canada.
    Some are listed here:

    http://strategyonline.ca/2013/02/14/...-mortar-store/

    The shareholdings would tell you an interesting story and perhaps explain Canada's blind eyes

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    Blue Jumper Is the Kingdom hiding something .........................

    Quote Originally Posted by LatestFact

    As of April 2014, New Look Eyewear operates 140 corporate stores, 75 under the New Look banner (Quebec and Ontario) and 65 under the Vogue Optical banner (Maritimes, Saskatchewan and British Columbia). Conjoined, the sister companies employ over 1.100 people, of which 350 are licensed opticians, and partner with 170 optometrists.
    The latest rumor is ....................I call it rumor, even that others have been eventually certified after starting in a similar way, :

    .....................above mentioned stores have been and or are being instructed by their corporate head office, to stop purchasing from the Canadian Optical Accessory suppliers they have been buying from for years, and switch their purchases to the 2 US suppliers recently added to the E Kingdom.

    What could that mean or indicate ?

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    Independent Problem Optiholic edKENdance's Avatar
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    Quote Originally Posted by idispense View Post
    Some are listed here:

    http://strategyonline.ca/2013/02/14/...-mortar-store/

    The shareholdings would tell you an interesting story and perhaps explain Canada's blind eyes
    Thanks for the info. I had no idea.

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    Quote Originally Posted by edKENdance View Post
    Thanks for the info. I had no idea.
    if you don't know how to do it yourself, ask a stock broker to pull the SEC filings prior to the buyout and look at the shareholdings. its a good education, better than any CE credit course you will sit through

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    Quote Originally Posted by Chris Ryser View Post
    The latest rumor is ....................I call it rumor, even that others have been eventually certified after starting in a similar way, :

    .....................above mentioned stores have been and or are being instructed by their corporate head office, to stop purchasing from the Canadian Optical Accessory suppliers they have been buying from for years, and switch their purchases to the 2 US suppliers recently added to the E Kingdom.

    What could that mean or indicate ?
    You seem to be suggesting that NewLook might be owned or partly owned by E. NewLook is a public company so I guess any entity that has significant shareholdings would be public information. I don't believe that E owns any part of New Look (stock quote BCI.to) but I guess it is a possibility. They certainly do not promote Varilux or Crizal brands. They do promote their house brand and their stock on their website, not much else.

    NewLook has successfully tapped the public markets, has plenty of other peoples money to spend and they probably do not need E's help at this stage. Just as with CC, their exit plan is possibly to sell the whole thing off to E in the end. Or L. They'll probably succeed.

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