FGX International Acquires Online Retailer, One Click Ventures

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GREENWOOD, Ind.—One Click Ventures, an online retailer that sells prescription and nonprescription glasses, has been acquired by FGX International. The deal closed during the third quarter, but One Click publicly announced the news on Dec. 4. Financial terms were not disclosed. One Click’s e-commerce brands include felix + iris, Readers.com, and Sunglass Warehouse. The company said it will continue to operate as a standalone business and will maintain its existing Greenwood operations and that CEO and co-founder Randy Stocklin will continue to lead the company.

"Our team is thrilled to partner with FGX International,” Stocklin said in an announcement. "The combination of FGX International’s purchasing scale, sourcing capabilities, and resources—together with the team and brands we have built at One Click—will allow us to accelerate the progress of our mission of building the world's most people-focused eyewear company. This partnership is a huge win-win for our dedicated team members and customers, and I couldn’t be more grateful to each of them."

FGX is a designer and marketer of nonprescription sunglasses, optical frames and reading glasses whose brands include Foster Grant and others. FGX’s corporate headquarters are in Smithfield, Rhode Island, and the company also has offices in New York City, Toronto and Vancouver, Canada; as well as in Italy, England, Mexico, Singapore and China.

FGX is a division of EssilorLuxottica, a publicly held company that formed on Oct. 1 when the French company Essilor International combined with Italy-based Luxottica Group S.p.A.