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EssilorLuxottica Expands Asia Footprint with Top Charoen Deal

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EssilorLuxottica has acquired a share of Top Charoen, Thailand's largest optical retail chain with over 2,000 locations across the country, thus supporting their long-standing relationship.

This acquisition will allow EssilorLuxottica to better expand its business in Thailand, an important centre for worldwide manufacturing and business operations for the company, and to increase the availability of good quality eye wear and eye care services throughout Southeast Asia.

Top Charoen has more than 70 years of history, having been founded in 1947, and sells under multiple banners including: Top Charoen; Luxoptic; Eye Class; Eye Bright; Eye Sport; Big C Optical; Robinson Optical; and Beautiful Optic, among others. The company has also developed its own proprietary e-commerce platform and is active on local e-commerce marketplaces.

Chairman/CEO Francesco Milleri and Deputy CEO Paul du Saillant of EssilorLuxottica stated that this partnership will increase the organisation's footprint in one of Asia's most significant markets and support the ongoing development of vision care and wearable technology throughout the region.

Top Charoen was established by using a mobile van in Saraburi to educate and provide access to eye care for people in remote or rural communities.

The group has a range of brands that reach consumers: Top Charoen, Luxoptic, Eye Class, Eye Bright, Eye Sport, Big C Optical, Robinson Optical, and Beautiful Optic. In addition, Top Charoen develops their business on e-commerce platforms and in local markets.

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Established in 1978, Top Charoen has grown to employ over 6500 people, maintain a network of specialized eye care professionals, and operate a large training facility for employees.

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As one of Thailand's leading optical chains, Top Charoen provides eye examinations, lenses, frames, and express services to customers.

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EssilorLuxottica's acquisition of Top Charoen follows a record financial year for the group. Sales for EssilorLuxottica increased 11.2 percent to €28.491 billion while net income increased 7.2 percent to €3.157 billion in 2025. The group reported that business accelerated during the second half of the year with particularly strong performance in the fourth quarter.

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