TLDR
- Warby Parker, founded by MBA classmates, disrupted the $150 billion eyewear industry.
- The company's revenue reached $670 million in 2023, with a market value of $1.79 billion.
- Brick-and-mortar stores now account for over two-thirds of Warby Parker's revenue.
- The company aims to become profitable by expanding its physical store presence.
- Warby Parker plans to become a holistic vision-care company, offering in-store eye exams.
Latest news
- Warby Parker, founded by MBA classmates, disrupted the $150 billion eyewear industry.
- The company's revenue reached $670 million in 2023, with a market value of $1.79 billion.
- Brick-and-mortar stores now account for over two-thirds of Warby Parker's revenue.
- The company aims to become profitable by expanding its physical store presence.
- Warby Parker plans to become a holistic vision-care company, offering in-store eye exams.
- Dockworkers' strike may close East and Gulf coast ports from October 3rd.
- Strike could affect holiday shipments and fuel inflation if prolonged.
- Retailers and manufacturers accelerate shipments to mitigate potential disruptions.
- Biden administration urged to intervene, but faces political sensitivities.
- Some businesses better prepared after learning from pandemic supply chain issues.