Today we announce some exciting news from Coral Eyewear HQ as we welcome Pala Eyewear into the group.
Pala Eyewear was founded in 2016 by John Pritchard and has since supported more than 28,000 individuals to receive accessible and affordable eye care. In 2020, Pala was awarded the coveted B-corp status which recognises businesses committed to doing good for people and the planet.
Announcing the deal, George Bailey said: “A full purchase of Pala Eyewear’s stock, trademarks and digital infrastructure will allow us to extend the range available to our existing stockists and grow our network of opticians and customers. Bringing on board Pala’s array of knowledge and high quality collections allows Coral Eyewear to increase its ever-growing share of voice in the eyewear industry, as we continue to seek ways to implement more purpose-led, sustainable change.”
Pala Eyewear’s online store has relaunched today and their Spectacles range is expected to be sold within more independent opticians.
John Pritchard said: “This is a great opportunity for Pala. George and Calvin have real ambition in the sustainable eyewear space and there is a clear and obvious synergy between the two brands. I have no doubt Pala is in good
hands and I look forward to watching the continued growth of both product and impact work for many years to come.”
Calvin Bailey said: “Pala Eyewear is well known for its commitment to people and the planet. They have set the ethical standard for responsible eyewear products and manufacturing over the past decade, while simultaneously creating positive social and environmental impact. We plan to continue the brand's work in the charitable sector and integrate this with Coral’s use of recycled and bio-based materials.”