Specscart Founder Sid Sethi Named on Forbes 30 Under 30 Europe List (2024)

Specscart founder and managing director Sid Sethi has been named in the prestigious Forbes 30 Under 30 Europe list for 2024, recognising his innovative approach to transforming the UK eyewear industry with affordable, sustainable, and fashionable glasses.

London, United Kingdom - June 10, 2024

Specscart Founder Sid Sethi Named on Forbes 30 Under 30 Europe List (1)

Specscart founder and managing director Sid Sethi has been named in the prestigious Forbes 30 Under 30 Europe list for 2024. This exciting development underscores the transformative power of innovation in the retail and e-commerce sectors. Recognised for his groundbreaking work in the UK eyewear industry, Sethi’s inclusion in the esteemed list marks a significant milestone for both him and his company.

A Visionary in the Eyewear Industry

Sid Sethi started Specscart with a mission to change the way people perceive eyeglasses from being a tool of sight correction to a sustainably made fashion accessory, that is a true joy to wear. His personal experience of frustration with the slow and expensive process of getting new glasses from UK high-street opticians inspired him to create a company that could provide a better solution. The monopolistic eyewear retail chains needed a big reform at the time considering the clinical environment, bad user experience, lack of good products at reasonable prices, and long turnaround time.

Disrupting the Eyewear Market

Specscart offers 1000+ premium eyewear styles at 70% lower prices than the high street. And what gives them an edge over competitors is that they make their glasses in the UK at their state-of-the-art glazing lab in their Bury headquarters. They have one of the largest lens banks in the United Kingdom. It also allows them to offer their free 24-hour dispatch service which is another fuel for Specscart’s unprecedented growth.

Unlike traditional eyewear stores with a hospital-like environment, Specscart stores are designed to be fun and welcoming. Customers are encouraged to try on multiple frames without any pressure, and assistance is just a call away when you need it.

Moreover, Specscart offers complimentary fully loaded lenses with prescription and non-prescription glasses that include anti-glare, anti-UV, anti-scratch, and impact-resistant coatings. At the high-street opticians, you need to pay for these coatings as an add-on. These value-added services, along with the revolutionary 24-hour dispatch, have made Specscart the preferred choice of eyewear shoppers in the UK and beyond. For those who do not live near a Specscart store, the company offers a free “try at home” service, allowing customers to select four frames to try out at home without any shipping charges. Specscart also believes in giving back to the local community and offers free eye tests for everyone at all their stores. “We aim to provide everyone with access to quality eye care without the need for an NHS voucher or any sort of government benefits,” Sethi said.

Recognition and Growth

Sid shared the credit for this achievement with the Specscart team as well. “Being named on this year’s Forbes 30 Under 30 Europe list is like winning the National Lottery, an Oscar, and the Premier League all in one day," Sethi said. “It might be my name on the list, but Specscart wouldn’t be flourishing as it is now without the dedication and hard work of everyone who works here - from back-office staff and our lab technicians to our tech team and sales assistants. This is a well-earned pat on the back for all of them too.”

Sid’s achievement is not just a personal victory but it’s a win for Manchester, the North West, and UK Plc. The recognition by Forbes highlights the impact of Specscart’s innovative approach to the eyewear industry and its success in transforming an industry that had long been resistant to change.

Global Reach & Future Plans

Specscart’s ecommerce platform has expanded its reach globally delivering orders to 120 countries worldwide, including countries like the Maldives, Saudi Arabia, the Falkland Islands, and Cape Verde. With e-commerce monthly sales of £254,000 and three smart retail stores across Greater Manchester, Specscart is well on its way to becoming a major challenger in the eyewear market.

Looking ahead, Specscart has ambitious plans for further expansion. The company is set to expand their e-commerce store to North America in 2024. Sethi mentioned that the new e-commerce websites will be based on more advanced technology and will bring new features to make the user experience even better.

Contact Info:
Name: Halina
Email: Send Email
Organization: Specscart
Website: https://specscart.co.uk/

Release ID: 89132330

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Specscart Founder Sid Sethi Named on Forbes 30 Under 30 Europe List (2024)
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