OPSM
| Company type | Subsidiary |
|---|---|
| Industry | Eyewear retail |
| Founded | 1932 in Sydney, Australia |
Area served | Australia, New Zealand, Hong Kong, Singapore, Malaysia |
Key people | Matteo Accornero (CEO since October 2020) |
| Products | Eyeglasses |
| Parent | EssilorLuxottica |
OPSM (Optical Prescription Spectacle Makers) is a retailer specializing in eyeglasses, operating primarily within Australia and New Zealand, with additional outlets located in Hong Kong, Singapore, and Malaysia. The company is a subsidiary of EssilorLuxottica, a prominent eyewear conglomerate headquartered in France and Italy.
Matteo Accornero has served as OPSM's Chief Executive Officer since October 2020.
History
OPSM was established in Sydney in 1932 and became publicly traded on the Australian Securities Exchange in 1962. In May 2001, the company divested its Protector Safety Supply Group to Howard Smith Limited. In 2003, Luxottica acquired a majority stake in OPSM, leading to its removal from the ASX listings by February 2005.
The year 2010 saw the introduction of the Eye Hub concept store in Melbourne's Hawthorn area, combining services from both optometrists and ophthalmologists. By 2018, OPSM had expanded its footprint to include 330 stores along with 41 franchise locations across its operational regions.
Laubman & Pank
Once recognized as Australia's largest eye care provider, Laubman & Pank was founded in 1908 by two optometrists and grew to encompass 38 stores nationwide. OPSM acquired this group in 2001, and it now operates under Luxottica, the global leader in eye care and eyewear.
Hong Kong
OPSM entered the Hong Kong market through the acquisition of The Optical Centre (藝視眼鏡) from Michael Miu in 2002. At that time, OPSM also owned another local chain named The Optical Shop (高登眼鏡). Currently, Luxottica oversees operations in Hong Kong under the dual brands LensCrafters (高登眼鏡) and also promotes Sunglass Hut within the territory.