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NEW VALUE<br />

PROPOSITION<br />

FOR WELL’S OPTICS<br />

Chalenge Implementati Results<br />

The need to develop a new<br />

strategy to improve the optics<br />

business, mainly concerning the<br />

sale of glasses that was identified<br />

as one of the main growth levers<br />

for Well’s.<br />

A disruptive value proposition was<br />

developed in the glasses industry,<br />

based on bundles offering<br />

everyday low prices.<br />

Large format stores were also<br />

introduced with integrated lens<br />

cutting and assembling centers.<br />

INCREASE IN SALES<br />

OVER A 3-YEAR<br />

HORIZON<br />

+200%<br />

INCREASE IN VOLUME<br />

OF GLASSES SOLD OVER<br />

A 3-YEAR HORIZON<br />

+500%<br />

INCREASE IN MARKET<br />

SHARE IN EBITDA OVER<br />

A 3-YEAR HORIZON<br />

+2.3x<br />

HONORABLE MENTION AT THE<br />

SONAE INNOVATION AWARDS 2016<br />

CATEGORY<br />

PROFIT MODEL<br />

TEAM MEMBERS<br />

TIAGO SIMÕES<br />

EDUARDA TAVEIRA<br />

JOSÉ SALVADO<br />

MARTA CASTRO<br />

PAULO ANDRÉ<br />

TIAGO LOPES<br />

VERA NARCISO<br />

PROJECTS 55<br />

RETAIL BOOK of INNOVATION 2016

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