All Article articles – Page 116
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Vistamax goes into bankruptcy, Indo comes out of it
Indo came out a couple of weeks ago of its voluntary bankruptcy proceedings, which began in 2010. Court authorities have endorsed an agreement with the Spanish company's creditors whereby they will forgive 50 or 80 percent of the debt, with the balance paid over a period of eight or five ...
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U.S. barometer shows an optimistic December
Independent eye care professionals in the U.S. felt better about the industry in December than they did in November, but not as optimistic as they were in December 2011. The latest Optical Business Barometer from Jobson Research found that December 2012 rated a 3.7 among the businesses it surveys, compared ...
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Shamir exec chosen to lead Vision Council
The Vision Council elected its newest chairman, Raana Naftalovich of Shamir Insight, at its recent annual executive summit in Florida. The executive has been active with the American organization for many years, and has been chairman of its Lens Division, Finance Committee and Statistics Committee. Taking the place of James ...
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Prescription Eyewear: A clear online strategy in Europe
The recent takeover of LensOn by Prescription Eyewear, which we reported about in the last issue of Eyewear Intelligence, was an important step in the British company's strategy of acting as a major online retailer with a comprehensive range of optical products on an international scale, with a leadership in ...
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Coastal Contacts goes hybrid in the U.S.
The Canadian online retailer of contact lenses and prescription frames says it obtained good results from a test conducted with a chain of optical retail stores in the U.S. that agreed to conduct eye exams on some of its local customers. Without naming the chain, Coastal Contacts said it has ...
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Essilor makes moves in fast-growing countries
In its bid to make its presence felt in fast-growing emerging markets, Essilor has established new partnerships in Colombia, Turkey, China and North Africa.In Colombia, the French company has signed an agreement to take a 51 percent stake in Servi Optica, one of the largest prescription laboratories in South America. ...
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Essilor and PPG reconsider Transitions joint venture
Essilor and PPG Industries have disclosed that they are currently in talks regarding the future of their joint venture, Transitions Optical, which is the biggest supplier of photochromic lenses to optical manufacturers in the world and a consolidated subsidiary of PPG.According to PPG, the outcome of the discussions with Essilor remains, at this ...
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European manufacturers focus on quality
Competition in the global marketplace, combined with difficult economic conditions at home, are pushing small and medium-sized European eyewear manufacturers to focus heavily on the quality of their products, with a marketing strategy based on the tradition of excellence for which their countries are renowned. This has been the case ...
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Interest grows in The Eye Show
The new trade show, the first to be held in London Feb. 12-14, will showcase the collections of more than 100 companies, including big names such as Marchon, Menrad, Hoya, Shamir, Coopervision, Lindberg, Cutler & Gross and William Morris London. The organizers said they had 112 exhibitors booked with 75 ...
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Opti show stresses its international focus
Marchon says it is bringing over top international manager from the U.S., Italy and the Netherlands to the Opti 2013 trade show taking place in Munich from Jan. 25 to 27 because it believes that the fair will be useful for exchanging information on an international level and discussing new strategies. ...
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Made in Germany gains importance
More and more German eyewear companies are relocating their production to Europe. Quality standards and production flexibility are secured without booking large orders when manufacturing “at home.” On the other hand, the “made in Germany” label is regarded as a seal of quality, although it apparently has a bigger impact ...
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Logo treads new ground
After creating a sensation with a brand-new image stand at the Silmo show in Paris last October, Logo Eyewear is gearing up to launch two new special lines of licensed eyewear at the next Mido show in Milan. The new product launches follow a major reorganization of the management structure ...
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PPG sold more optical materials lately
PPG Industries' Optical and Specialty Materials segment improved its earnings by $15 million to $68 million in the fourth quarter of 2012 as its sales rose by 5 percent to $272 million from the comparable period of 2011. Volumes grew by 6 percent thanks to higher sales of optical products, ...
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Luxottica takes a 36% stake in Salmoiraghi
Luxottica's investment in Salmoiraghi & Viganò, Italy's largest optical retail group with about 500 stores in the country, is said to have been engineered in such a way that the other Italian retail clients of Luxottica and its competitors, including Safilo, will somehow be shielded from the risk that it ...
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British online seller adds to portfolio
Prescription Eyewear Ltd. has bought LensOn, an online seller of contact lenses in northern Europe, VMail has reported. LensOn is described as a leader in online lens sales in the countries where it operates: Sweden, Norway, Finland, Denmark, the Netherlands, Germany, France and the U.K. It has country-specific sites in the local ...
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Nigura Metzler goes bankrupt again
Nigura Metzler Optics International has filed for insolvency proceedings in the local court of Düsseldorf. The German-based company supplies corrective frames and sunglasses under its own brands ? Enjoy, Metzler and NiGuRa ? and as a licensee for the brands Aston Martin, E11, Bjorn Dunkerbeck, Jacques Lemans and Michalsky. An attorney, Paul Fink, has been named ...
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Loubsol is sold to a health and beauty firm
Loubsol, the French maker of sports sunglasses and goggles based in the Jura region of France, has been sold to Batteur, a specialist in health and beauty products. Sport-Guide.com reports that its owner, Robert Clément, now 70 years old, has been looking to sell the company for several years. He ...
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Slight sales increase for Carl Zeiss Vision
The Vision Care unit of the Carl Zeiss group recorded a small sales increase of around 1 percent to €860 million in the financial year ended Sept. 30, compared with €849 million in the previous year. At least part of the progress was no doubt related to Hoya Vision Care's inability ...
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CooperVision gains further market share
CooperVision continued to improve its position in the global market for soft contact lenses in its latest financial year, ended on Oct. 31, and especially in its fourth quarter. Its sales of soft contact lenses grew by 10 percent for the 12-month period ended in September in a market that rose by ...
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Interesting insights into European markets from Spectaris
Published in September, an annual report by Spectaris, the German ophthalmic industry association, again provides an overview of the European ophthalmic optics market, its consumers and future trends, although it is only written in German.It shows for example that France remained the biggest importer of ophthalmic optics products in 2011, ...
