OPSM (Optical Prescription Spectacle Makers) is a retailer of

eye glasses Glasses, also known as eyeglasses or spectacles, are vision eyewear, with lenses (clear or tinted) mounted in a frame that holds them in front of a person's eyes, typically utilizing a bridge over the nose and hinged arms (known as temples or ...

Australia Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, sma ...

and

New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...

, with locations in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

, and

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

. It is owned by

Luxottica Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. It is based in Milan, Italy. Luxottica is a vertically integrated company, which has been described as a monopoly—it designs, m ...

, an Italian eyewear conglomerate.

History

OPSM was founded in Sydney in 1932, and was floated on the

Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...

in 1962. In May 2001, OPSM sold its Protector Safety Supply Group to Howard Smith.

acquired a controlling interest in 2003 and in February 2005, OPSM was delisted from the

. In 2010, OPSM opened the Eye Hub concept store in the Melbourne suburb of

Hawthorn Hawthorn or Hawthorns may refer to: Plants * '' Crataegus'' (hawthorn), a large genus of shrubs and trees in the family Rosaceae * ''Rhaphiolepis'' (hawthorn), a genus of about 15 species of evergreen shrubs and small trees in the family Rosace ...

, blending

optometry Optometry is a specialized health care profession that involves examining the eyes and related structures for defects or abnormalities. Optometrists are health care professionals who typically provide comprehensive primary eye care. In the Uni ...

and

ophthalmology Ophthalmology ( ) is a surgical subspecialty within medicine that deals with the diagnosis and treatment of eye disorders. An ophthalmologist is a physician who undergoes subspecialty training in medical and surgical eye care. Following a medic ...

into one practice. As to 2018, it operated 330 stores and 41 franchises.

Laubman & Pank

Laubman & Pank OPSM (Optical Prescription Spectacle Makers) is a retailer of eye glasses in Australia and New Zealand, with locations in Hong Kong, Singapore, and Malaysia. It is owned by Luxottica, an Italian eyewear conglomerate. History OPSM was founded i ...

became at one stage the largest eye care business in Australia. It began operations in 1908 with two optometrists deciding to set up their own business. The group was acquired by OPSM in 2001 and is now run by Luxottica, the world's biggest eye care and eye wear conglomerate. Laubman & Pank has 38 stores in Australia.

Hong Kong

OPSM acquired The Optical Centre () from

Michael Miu Michael Miu Kiu-wai ( 苗僑偉) (born 18 June 1958) is a Hong Kong actor and businessman. His career has been met with popular success in his youth, followed by a resurgence in middle age after a period of hiatus. He is considered one of the most ...

in 2002. At that time OPSM also owned another Hong Kong based chain (known in Chinese under the brand ). Nowadays

group runs the Hong Kong chain under dual-brand

LensCrafters LensCrafters is an international retailer of prescription eyewear and prescription sunglasses. Its stores usually host independent optometrists on-site or in an adjacent store. The company has its corporate headquarters in Mason, Ohio, a suburb ...

. It also used the brand

Sunglass Hut Sunglass Hut is an international retailer of sunglasses and sunglass accessories founded in Miami, Florida, United States, in 1971. Sunglass Hut is part of the Italian-based Luxottica Group, the world’s largest eyewear company. As of December ...

References

Luxottica Eyewear retailers of Australia Eyewear retailers of New Zealand Australian companies established in 1932 Retail companies established in 1932 Companies based in Sydney Companies formerly listed on the Australian Securities Exchange 1932 establishments in Australia {{Australia-company-stub