Company Overview
FGX International Holdings Limited, through its operating units, is a leading designer and marketer of non-prescription reading glasses and sunglasses with a portfolio of established, highly recognized eyewear brands including Foster Grant and Magnivision. Our Foster Grant brand was launched in 1919, and became well-known in the 1960s with the initiation of our classic “Who’s That Behind Those Foster Grants?” advertising campaign. Our Foster Grant brand is a domestic market leader in the popular priced sunglasses market (less than $50). Our Foster Grant and Magnivision brands are the leaders in the domestic non-prescription reading glasses market.
Our company-owned portfolio also includes the Anarchy, Angel and Gargoyles brands, which target different demographic groups and distribution channels at a premium price point (generally $50-$120). In addition, we sell a line of prescription frames to supplement our product line and leverage our Foster Grant brand. We also market both popular priced and premium eyewear under nationally-recognized licensed brands including Ironman Triathlon, Levi Strauss Signature, Body Glove, C9 by Champion and Daytona International Speedway.
We sell our products in approximately 50,000 retail locations worldwide, primarily through mass channels, which include mass merchandisers, chain drug stores, chain grocery stores and variety stores. We also sell certain products to ophthalmic retailers, mid-tier department stores and other specialty retailers.
Our business is supported by an integrated infrastructure consisting of sales and service, design and product sourcing functions. Our products are sourced through low-cost Asian manufacturers, and stocked and supported by our approximately 2,100 part-time field service employees. Based in Smithfield, Rhode Island, FGXI has approximately 500 full-time employees. Additional offices are located in New York City; Toronto; Stoke-on-Trent England; Mexico City; San Luis Obispo, CA and Shenzhen, China.
Our company-owned portfolio also includes the Anarchy, Angel and Gargoyles brands, which target different demographic groups and distribution channels at a premium price point (generally $50-$120). In addition, we sell a line of prescription frames to supplement our product line and leverage our Foster Grant brand. We also market both popular priced and premium eyewear under nationally-recognized licensed brands including Ironman Triathlon, Levi Strauss Signature, Body Glove, C9 by Champion and Daytona International Speedway.
We sell our products in approximately 50,000 retail locations worldwide, primarily through mass channels, which include mass merchandisers, chain drug stores, chain grocery stores and variety stores. We also sell certain products to ophthalmic retailers, mid-tier department stores and other specialty retailers.
Our business is supported by an integrated infrastructure consisting of sales and service, design and product sourcing functions. Our products are sourced through low-cost Asian manufacturers, and stocked and supported by our approximately 2,100 part-time field service employees. Based in Smithfield, Rhode Island, FGXI has approximately 500 full-time employees. Additional offices are located in New York City; Toronto; Stoke-on-Trent England; Mexico City; San Luis Obispo, CA and Shenzhen, China.
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