EssilorLuxottica, an Italian-French vertically integrated multinational corporation, completed the acquisition of Washin Optical, a Japanese optical retailer. Financial terms were not disclosed. “When we look at Japan, we see a long runway ahead with potential for growth and expansion – this is what makes it strategic for us. Washin is a company that shares our values, our love for beauty and superior quality, and they will complement our existing network of sun retail banners and our omnichannel and open network approach extremely well. This investment is another sign of our long-term commitment to establishing a bridge between the Japanese culture and a global attitude. We will grow an appreciation for Made in Japan around the world and at the same time deliver our innovations to our customers and partners in the region who remain at the heart of our strategy,” Francesco Milleri, EssilorLuxottica Chairman and CEO.