All Article articles – Page 117
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The TWC/L'Amy pact is producing good results
The licensing agreement signed with Ann Taylor in the U.S. just before the last Silmo show in Paris, which we already reported at the end of October, is indicative of the new multi-product strategy pursued by TWC-L'Amy, the French company that came out of the acquisition of L'Amy in the ...
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Hal’s optical retail business grows by 4.6%
The optical retail companies owned by Hal saw their combined revenues increase by 4.6 percent to €1,809 million for the first nine months of 2012, up from €1,729 million for the same period last year. They would have risen by 2.9 percent excluding the effects of acquisitions and changes in ...
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Spy’s sales go up by 8%
Spy Inc. reported total net sales of $9.9 million for the third quarter ended Sept. 30, representing an increase of 8 percent from the comparable quarter of 2011. Sales grew by 10 percent to $27.5 million for the first nine months of the year, compared with total net sales of ...
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Safilo’s quarterly sales to Hal stores up by 82%
Safilo increased sales to GrandVision by 82 percent in the third quarter ended Sept. 30, as the two sister companies continue to strengthen their ties. With sales of €2.257 billion generated through almost 4,500 stores in 39 different countries, GrandVision is the holding company of numerous optical retail chains and ...
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Cione acquires Primera Opticos
With more than 1,000 affiliated retail members and 1,200 points of sale, Cione Grupo de Opticas has reinforced its leadership as the biggest cooperative of independent opticians in Spain through the acquisition of Primera Opticos, a smaller cooperative of about 100 retailers that run larger stores and are positioned in ...
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Luxottica is ready to buy Alain Mikli, maybe also Salmoiraghi
Luxottica has entered into exclusive negotiations to take over a 100 percent stake in Alain Mikli International, the French luxury eyewear company. The acquisition would not include the sunglass operations of Vuarnet, which had been taken over by Mikli at the end of 2009 along with the related licensing rights.Reports ...
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Contact lenses grow fastest in Asia, led by Korea
Global demand for contact lenses remains generally strong, with a consistent upward growth in market value registered in the three regions of the U.S., Europe and Asia. According to a recent GfK report auditing contact lens retail, these regions registered sustained single-digit expansion in the 12-month period from July 2011 ...
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The battle of the British fairs goes on
As the date of The Eye Show in London approaches, the organizers of this new fair and of its competitor in Birmingham, Optrafair, are sending out more and more press releases to announce the advancement of their preparatory work.The Eye Show said that Tom Davies, one of the most respected ...
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Hoya benefits from flood insurance
The Life Care segment of Hoya Corporation suffered a 4.6 percent decline in sales to 49.9 billion yen (€466.7m-$606.1m) in the second quarter of the Japanese company's financial year, ended Sept. 30, but the segment's income rose by 16.2 percent to 12.78 billion yen (€119.5m-$155.2m). Within this segment, sales of ...
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A look at Silmo’s visitor count
As previously reported, the total number of visitors at the recent Silmo show in Paris remained relatively stable. It actually recorded a small positive 0.1 percent change to 34,696 people. A detailed chart supplied to us by the organizers of the fair reveals some interesting evolutions from one country to ...
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Hoya signs a deal with Seiko, improves results
Company officials decline to comment on the details of the agreement signed earlier this month for the acquisition of Seiko Holdings' optical business by Hoya Corporation. As we have previously reported, the deal could give Hoya great manufacturing flexibility, allowing both Hoya and Seiko to produce their lenses and ancillary ...
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Fielmann defies a declining market
A top manager of Fielmann, Germany's largest optical retailer, said his company continued to post sales gains on a same-store basis in the third quarter of 2012, in spite of the softening economic situation in the country. Over the first nine months of the year, its sales have grown by ...
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PPG’s optical segment posts lower sales and earnings
PPG Industries has reported a 9 percent drop in the net sales of its optical and specialty materials segment during the third quarter ended Sept. 30, down to $282 million, compared with the third quarter a year ago. Volumes declined by 6 percent, and the balance came from the negative ...
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Equity reshuffle at Fielmann
Günther Fielmann, the 73-year-old founder and chief executive of Germany's largest optical retail chain, remains very active as the sole member of its executive board, according to company officials However, he has decided to gradually transfer a 24.52 percent stake in the company that bears his name, Fielmann AG, to ...
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Marcolin loses Hogan license, sales
Marcolin agreed with the shoemaker Tod's to extend the license agreement for its Tod's brand by four years to Dec. 31, 2018. Marcolin said the terms of the deal were reviewed, reducing the guaranteed minimum royalties Marcolin will have to pay.Tod's confirmed that the conditions were revised but its chief ...
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Opti launches an Italian Pavilion
The presence of a collective Italian Pavilion will be one of the novelties of the Opti fair in Munich next Jan. 25-27. Organized by Sipao, the association of eyewear manufacturers in the industrial cluster of Belluno, it will host a dozen firms including Demenego, G.B. and the Lastes group. Most ...
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Quiksilver makes sunglasses from skateboards
Quiksilver has collaborated with Javier Mendizabal, a professional skateboarder sponsored by the international surf and skate company, to create a limited series of 50 pairs of sunglasses that are made by hand with materials taken from broken or recycled skateboards. The proceeds will be donated to the skateboarding community of ...
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The U.S. market is softening
Hurricane Sandy dealt a major blow to the optical retail market along the East Coast of the U.S. earlier this month, leading to shipment delays and store shutdowns. However, numerous suppliers of products and services for the industry launched rescue efforts on behalf of the affected populations.VSP and One Sight ...
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Essilor posts quarterly organic growth of 4.0%
Reporting a strong 18.2 percent increase in sales to €1,228.6 million for the third quarter and an even stronger 21.3 percent increase to €3,759.1 million for the first nine months of this year, Hubert Sagnières, chairman and chief executive of Essilor International, predicted that the company would be able to ...
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ESA’s merger into The Vision Council may spur collaboration with Eurom 1
Confirming our report on the eve of Silmo, the European Sunglass Association (ESA) and The Vision Council of the U.S. announced their partnership on the first day of the Paris fair on Oct. 4, but they emphasized that they still want to cooperate with Eurom 1, the organization that indirectly ...
