OPSM

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Australian eyeglass retailer owned by EssilorLuxottica

title: "OPSM" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["luxottica", "eyewear-retailers-of-australia", "eyewear-retailers-of-new-zealand", "1932-establishments-in-australia", "australian-companies-established-in-1932", "retail-companies-established-in-1932", "companies-based-in-sydney", "companies-formerly-listed-on-the-australian-securities-exchange"] description: "Australian eyeglass retailer owned by EssilorLuxottica" topic_path: "geography/australia" source: "https://en.wikipedia.org/wiki/OPSM" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Australian eyeglass retailer owned by EssilorLuxottica ::

::data[format=table title="Infobox company"]

FieldValue
typePublic
traded_as
logoOPSM 2020 Logo Grey.png
foundation
location_cityNorth Sydney
location_countryAustralia
area_servedAustralia, New Zealand
ownerEssilorLuxottica
divisionsBudget Eyewear
Laubman & Pank
OPSM
Ray-Ban Optical
homepage
::

| name = | type = Public | traded_as = | logo = OPSM 2020 Logo Grey.png | former_name = | industry = | foundation = | founder = | defunct = | location_city = North Sydney | location_country = Australia | area_served = Australia, New Zealand | key_people = | products = | production = | services = | revenue = | revenue_year = | operating_income = | income_year = | net_income = | net_income_year = | num_employees = | owner = EssilorLuxottica | divisions = Budget Eyewear Laubman & Pank OPSM Ray-Ban Optical | subsid = | homepage =

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 EssilorLuxottica, a French-Italian eyewear conglomerate.

OPSM's CEO since October 2020 is Matteo Accornero.

History

OPSM was founded in Sydney in 1932, and was floated on the Australian Securities Exchange in 1962. In May 2001, OPSM sold its Protector Safety Supply Group to Howard Smith. Luxottica acquired a controlling interest in 2003 and in February 2005, OPSM was delisted from the Australian Securities Exchange.

In 2010, OPSM opened the Eye Hub concept store in the Melbourne suburb of Hawthorn, blending optometry and ophthalmology into one practice. As to 2018, it operated 330 stores and 41 franchises.

Laubman & Pank

Laubman & Pank 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

::figure[src="https://upload.wikimedia.org/wikipedia/commons/3/38/Lenscrafters_hongkong_mongkok.jpg" caption="LensCrafters 高登眼鏡 in Hong Kong in 2008"] ::

OPSM acquired The Optical Centre () from Michael Miu in 2002. Nowadays Luxottica group runs the Hong Kong chain under dual-brand LensCrafters . It also used the brand Sunglass Hut.

References

References

  1. [https://www.opsm.com.au/about-us/our-story Our Story] OPSM
  2. Howard Smith]] 21 May 2001
  3. [https://web.archive.org/web/20131113182532/http://www.luxottica.com/en/luxottica-group-reaches-985-percent-holding-opsm-group-starts-compulsory-acquisition-remaining Luxottica Group reaches 98.5 percent holding in OPSM Group, starts compulsory acquisition of all remaining shares] [[Luxottica]]
  4. Clegg, Brett. (3 May 2003). "Luxottica sees a bargain in OPSM". [[Australian Financial Review]].
  5. [https://www.asx.com.au/asxpdf/20050215/pdf/3pr0j9b863th5.pdf Suspension and Removal from Official Quotation] [[Australian Securities Exchange]] 13 February 2005
  6. (July 2025). "Luxottica eyes augmented growth".
  7. [https://www.luxottica.com/sites/luxottica.com/files/luxottica_group_relazione_finanziaria_annuale_2018_eng_20190410.pdf Annual Report 2018] [[Luxottica]]
  8. "Our Story {{!}} Eye Specialists {{!}} Laubman and Pank".
  9. "L&P - Our Story".
  10. (5 November 2002). "OPSM has a vision, but it's sited a long way off". The Age.
  11. At that time OPSM also owned another Hong Kong–based chain {{ill. The Optical Shop. zh. 高登眼鏡 (known in Chinese under the brand {{zh. link. (21 September 2002). Oriental Press Group

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

luxotticaeyewear-retailers-of-australiaeyewear-retailers-of-new-zealand1932-establishments-in-australiaaustralian-companies-established-in-1932retail-companies-established-in-1932companies-based-in-sydneycompanies-formerly-listed-on-the-australian-securities-exchange