By  on November 8, 2018

L Catterton has its eyes firmly on the Japanese glasses market.

The private equity giant’s Asian arm has teamed with Japan’s Mitsui & Co. to plow an unknown amount of cash into fast-growing Japanese eyewear retailer Owndays, whose specialty is own-brand prescription glasses. The terms of the deal were not disclosed, apart from that the current management team will continue to retain substantial equity interests and manage the company.

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