French firm Essilor to leverage on tech, set up more physical stores

China's increasingly sophisticated consumer market and its world-class internet ecosystem will fuel fresh momentum for French lens producer Essilor Group, according to a senior company executive.

The high double-digit growth of the Chinese market - and a 5.3 percent surge in global revenue last year - stands to further accelerate through effective local partnerships and digitalization endeavors, said Arnaud Ribadeau Dumas, president of Essilor in China.

The allure of the $10 billion dollar consumer market lies in the paradox between the lack of access to proper optical stores and the adoption of technologies to revamp traditional industries including the eyewear sector, Dumas told China Daily in Shanghai.