All Article articles – Page 124
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Relative stability for Mido, but…
Cirillo Marcolin, who returned last summer to his former position as president of Mido and Anfao, the Italian eyewear industry association that organizes the Milan show, has stated that they are considering a possible new change in the Milan show's schedule for next year. He noted that Sunday and Monday ...
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Opticians are urged to sell more sunglasses
Retail sales of sunglasses declined in Italy and Spain last year, but they generally performed better than prescription frames and other types of optical products, according to research conducted by Strategy With Vision (SWV) for the European Sunglass Association. The situation was much better in France and Germany, and slightly ...
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De Rigo eyes retail in emerging markets, does 12% better at wholesale
De Rigo has no intention of scaling down its involvement in retail activities, although it has folded its former British chain, Dollond & Aitchison, into a joint venture with Boots in which it retains a 45 percent stake. Its General Optica chain in Spain has shown encouraging signs, bouncing ...
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Luxottica targets high single-digit growth in 2012
Luxottica expects to increase 2012 sales by a high single-digit rate, in terms of constant currencies, driven by emerging markets, where revenues are due to increase by more than 30 percent.Excluding one-time costs related to the reorganization of the group's Australian retail activities, operating and net incomes are seen growing ...
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The Thai floods will cost Hoya ¥22 billion in lost equipment and sales
Commenting on the results for its third financial quarter, ended last Dec. 31, Hoya's management admitted that it would probably take 12 to 18 months for its vision care operations to return to normal, with customers willing to come back.Hiroshi Suzuki, chief executive of the group, made a public apology ...
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Other activities keep Hoya above water
As reported in the previous article, Hoya's sales of eyeglass lenses fell by 9.5 billion yen (€87.9m-$118.0m) during the third quarter ended Dec. 31 because of the shutdown of its Thai facilities due to the floods. However, this was partly offset by higher sales of contact lenses, intraocular lenses and ...
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Opportunities for business also in Korea
The secretariat of the Deagu International Optical Show (DIOPS) is inviting more than 1,000 buyers from major optical firms to its 11th edition next Apr. 18-20, organizing matchmaking sessions between them and exhibitors to open up new business opportunities for them.DIOPS is the only fair for ophthalmic optics in Korea, ...
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Spain’s optical business expands
Fedao, the Spanish Federation of Optics Industries Associations, has reported that the optics distribution industry in Spain was worth €1.842 billion in 2011. There has been a slight reduction in retail sales, but 295 new optical establishments opened last year, bringing the total to almost 10,000 in the country. This ...
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Cars invade new China show venue
Exhibitors at the China International Optics Fair in Shanghai (SIOF) last week were generally pleased with its modern new venue on the site of the 2010 Shanghai World Fair in the Pudong district. Conveniently located at less than an hour's drive from the international airport, it allowed several companies to ...
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Claims and counterclaims on the German online market
Claiming to be Germany's biggest eyewear retailer trading online, Mister Spex says it raised its sales by 50 percent in 2011 to €17 million. It managed to sell 200 percent more glasses than in 2010, thanks in part to heavy marketing on TV and other media as well as technical ...
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Fielmann wants committed employees
With only 670 opticians declared unemployed in Germany, 17 percent fewer than one year ago, Fielmann is making extra efforts to retain its employees, giving them extra incentives to stay with the group and to perform. The biggest optical retailer in the country says it rewarded their achievements last year ...
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Luxottica’s fourth quarter was hit by one-off costs
Luxottica posted lower than expected fourth-quarter results due to the accounting of one-off charges. Its reported operating income rose by 33.5 percent to €128.4 million, and the net profit attributable to Luxottica stockholders increased by 16.8 percent to €64.4 million. Adjusted to eliminate extraordinary items, the operating profit rose by ...
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Swedish firm gets the Craft license
Craft is a leading Swedish brand of body-conscious sports clothing. It has signed its first eyewear license with Future Trading, which is probably the largest eyewear company in Sweden, with annual sales of about 2 million items worth 100 million Swedish kronor (€11.3m-$15.2m), and the largest one in Scandinavia for ...
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Vision Expo East welcomes France, and everyone else
International Vision Expo & Conference, being held March 22-25, is bringing some French flair to New York. The French Loft will make its debut at the show, showcasing the latest in French design. It will be located on Level 4 of the Jacob K. Javits Convention Center, the show having ...
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A flurry of new licenses on the eve of Mido and Vision Expo
While some of the licenses announced in the last few days are new, two others – Balenciaga and Nine West – are transfers from the Safilo Group to Marcolin and Marchon. They follow on the heels of Luxottica's takeover of the Armani licenses from Safilo a few months ago. While ...
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U.S. market recovery is evident
VisionWatch, the ongoing research survey conducted in the U.S. by The Vision Council, has found that all vision care products and services generated 3 percent more revenues in 2011, at $32.8 billion. Sales of frames and lenses each went up less than 1 percent by volume, but by value they ...
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Virtual Lens Express will produce Sharper Image lenses
Virtual Lens Express, an American lens manufacturer based in Florida, has signed a licensing agreement with Sharper Image for the production and sale of its ophthalmic lenses, prescription eyewear and sun eyewear (RX and plano). The license will start up in March 2015, and will cover the U.S. and Canada. ...
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Opti ’12 welcomed international newcomers
About 23,000 trade and business professionals visited the Opti '12 trade show held in Munich Jan. 13-15. Visitor numbers have been stable over the last couple of years; last year for example the fair attracted about 22,700 visitors. About 1,300 brands and collections were shown by 457 exhibitors. In ...
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2011 was a little worse than 2010 in Germany
The 2011 drop followed an unsatisfactory fourth quarter in 2010. Last year's sales decline was disappointing for most companies, as a year ago everybody was expecting to benefit from the generally positive consumer sentiment in Germany. The German ophthalmic optics industry's total sales rose by 2.3 percent in 2010 ...
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Mister Spex analyses the online market
Dirk Graber, chief executive officer of the German online retailer Mister Spex, appeared at the Opti Forum to present his recently launched multi-channel partnership program with brick-and-mortar opticians – a hybrid business model that is also being followed by big and small companies in France such as Krys or Evioo.com. ...
