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The Economic Times
The Economic Times
Veer Sharma

Lenskart’s Meller sunglasses are Ray-Ban of the future, says Jefferies. Here’s why Wall Street giant is bullish

Lenskart Solutions acquired Barcelona-based sunglasses maker Meller in 2025 to strengthen its premium and fashion eyewear portfolio. A year later, global brokerage Jefferies dubbed the subsidiary a potential ‘Ray-Ban of the future’ following its strong performance in the June quarter.

In its shareholders' letter, Lenskart's founders said Meller, which was a $35 million brand and is now on track to become a $70 million. The brand is also gaining a strong global following, with its boutique stores in Amsterdam, Barcelona and Paris establishing a presence in fashion-focused markets. Meller's Paris store reportedly sees long queues on most days of the week.

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