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CooperVision Q3 sales down by 12%
CooperVision (CVI) saw a 12 percent drop in sales to $449.3 million in the third quarter of CooperCompanies’ financial year, which ended on July 31, and the division’s gross margin narrowed to 61 percent from 65 percent a year earlier owing to the impact of the Covid-19 pandemic.
Alcon’s Q2 vision care sales down 27% driven by contact lenses
In the second quarter of 2020, Alcon’s vision care division, which includes the contact lens and ocular health businesses, posted an 27 percent decrease in net sales to $596 million. At constant currency rates, the decline reached 25 percent and was primarily driven by lower demand and widespread closures, partially ...
Thai Optical Group to set up TOG Europe
Commenting on its second-quarter financial results, Thai Optical Group (TOG) announced that it will establish a new distribution center for Europe in Poland. According to the lens maker, the new structure is scheduled to be operational before the end of the year and will help to increase business opportunities in ...
New Look Vision enjoys brisk trade since re-start
New Look Vision, Canada’s largest optical retailer, posted a 64.9 percent decrease in revenues to 27.4 million Canadian dollars (€17.5m-$20.5m) in the second quarter, resulting principally from the Covid-19 related interruption, as well as scheduled store closures offset by revenue from newly acquired stores. By the end of the quarter, ...
CooperVision Q3 sales down by 12%
CooperVision (CVI) saw a 12 percent drop in sales to $449.3 million in the third quarter of CooperCompanies’ financial year, which ended on July 31, and the division’s gross margin narrowed to 61 percent from 65 percent a year earlier owing to the impact of the Covid-19 pandemic.
Alcon’s Q2 vision care sales down 27% driven by contact lenses
In the second quarter of 2020, Alcon’s vision care division, which includes the contact lens and ocular health businesses, posted an 27 percent decrease in net sales to $596 million. At constant currency rates, the decline reached 25 percent and was primarily driven by lower demand and widespread closures, partially ...
Thai Optical Group to set up TOG Europe
Commenting on its second-quarter financial results, Thai Optical Group (TOG) announced that it will establish a new distribution center for Europe in Poland. According to the lens maker, the new structure is scheduled to be operational before the end of the year and will help to increase business opportunities in ...
New Look Vision enjoys brisk trade since re-start
New Look Vision, Canada’s largest optical retailer, posted a 64.9 percent decrease in revenues to 27.4 million Canadian dollars (€17.5m-$20.5m) in the second quarter, resulting principally from the Covid-19 related interruption, as well as scheduled store closures offset by revenue from newly acquired stores. By the end of the quarter, ...