BARCELONA—Etnia Barcelona has announced its acquisition of Lool Eyewear, a Catalan eyewear brand focused on technology and lightness. The details of the acquisition were not disclosed; Etnia Barcleona anticipates closing 2021 with global billing of €80 million, a 20 percent growth with respect to 2019, and a 42 percent growth with respect to 2020. In an announcement, Etnia Barcelona said, "Through this acquisition, Etnia Barcelona reaffirms its growth strategy for the optical eyewear market, growing its portfolio with an eyewear brand that boasts a technological spirit and specializes in lightweight eyewear, while also offering potential in sustainability. Etnia Barcelona has consolidated its position as a company focused on the optical eyewear market, with the development of both its own brands and the integration of other independent brands."