Eyerim struggles with losses and uses private debt

Eyerim (Martin Zahuranec and Yassaman Omidbakhsh) started as an online eyewear retailer but is now opening its own stores. The company increased sales 29% to €17.4m last year and again posted a €0.6m loss. It is among the first to tap the new private debt financing program offered by the Crowdberry platform. Brick-and-mortar stores and in-house lens production are proving more profitable than the highly competitive online market.

(forbes.sk)