All Article articles – Page 137
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Silmo Strikes The Right Note With Visitors At Its New Venue
Silmo 2010 went off successfully despite a public sector workers' strike, work on the railroad passing through the venue and a change of location to the north of Paris after 30 years. A total of 33,065 visitors attended the show over its four days, an increase of 4 percent over ...
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Luxottica, Safilo Secure Key Licenses
Luxottica has taken over the Coach eyewear license held by Marchon. The Italian group has signed a license agreement with the American fashion company for the design, manufacturing and global distribution of sun and prescription eyewear under the Coach, Coach Poppy and Reed Krakoff brands, beginning on Jan. 1, 2012. ...
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Novacel Moves Into Switzerland
The French laboratory is moving into the Swiss and Austrian markets after acquiring a laboratory in Lucern that will use some equipment and other assets bought from Optixx, the Swiss supplier of progressive moulds owned by Ruedi Suter that recently closed down. The new Swiss subsidiary, called Novacel Swiss ...
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Hal Reports A 51% Jump In Net Profit, Sells Australian Stores To Luxottica
Hal Holding has agreed to sell its optical retail operations in Australia, the Optifashion Group, to Luxottica Retail Australia Pty., a subsidiary of the optical giant. The Optifashion Group is made up of more than 60 stores that generate revenues of about 30 million Australian dollars (€21.5m-$28.1m) a year. The ...
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Exports Of Italian Eyewear Are Again On The Rise
Exports of Italian eyewear for the first half of the year, including lenses, show a clear upturn, with growth amounting to 13.7 percent in value for the period. But an additional 7.6 percent would be required to make up for what was lost in 2009 and get back to 2008 ...
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Banks Agree To Zeiss' Offer To Buy Loans To Carl Zeiss Vision
More than the required two-thirds majority of Carl Zeiss Vision's lending banks have OK'ed the reorganization of the corporate financing of the eyeglass lens manufacturer, and they have shown a higher than expected eagerness to convert some of their loans into shares that would then be bought by the Carl ...
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Sover Gets The Mcs Brand From Valentino
Sover ? an Italian eyewear producer with a strong position in Eastern Europe ? has been granted the worldwide production and distribution license for a new line of sun and prescription eyewear to be marketed under the MCS brand name, which is a sub-brand of Marlboro Classics. The Valentino Fashion ...
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Transitions Finds That British Parents Disregard Their Children's Eye Care
Transitions Optical commissioned a study of eye care for children in the U.K. in the second year of its Eye Know Eye Care campaign, and it found that most parents in the study didn't prioritize a back-to-school eye exam for their children, and that only 10 percent of children have ...
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Marcolin Centralizes Production And Logistics
Marcolin has already transferred the production of metal frames from its former facilities in Vallesella to a brand-new 12,000-square-meter production center recently inaugurated in Longarone,alongside the company's headquarters. The new facilities had already begun production of acetate frames, and have been designed to house production of the group's growing number ...
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Essilor Sees Continued Progress
In spite of the ongoing economic uncertainties, the world's leading supplier of ophthalmic lenses had a very good first half of the year, according to its management, thanks in part to recent acquisitions and the launch of many new products for different segments of the market. Essilor International's total ...
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Fielmann Continues To Win Market Shares, Prepares Succession
Fielmann says it met it expectations for the first half of 2010 with a 1 percent increase in unit sales to 3.1 million pairs of eyeglasses, compared with a 3 percent drop in the German optical retail market. By value, the leading German optical retailer's consolidated sales rose by 4.9 ...
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Coopervision Outperforms The Market
CooperVision, the contact lens division of the Cooper Companies, considers 2010 to be a stellar year, with a solid top line, improving margins and outstanding free cash flow. CVI had a 3 percent increase in turnover to $249.0 million for the third quarter ended July 31, or a 6 percent ...
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Lacoste Picks New Creative Director And New Eyewear Licensee
Lacoste almost simultaneously announced the appointment of a new creative director and the signature of a new eyewear licensing contract with Marchon earlier this month. The French brand's new partnership with Marchon follows about 25 years of collaboration with the French L'Amy Group, which has gone under new ownership ...
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Difficult Start For Silmo At Its Modern New Venue
A transit strike and infrastructural work are going to make it harder for exhibitors and visitors to travel to and from the Silmo show starting next Thursday at the modern Villepinte exhibition center near Paris' Charles de Gaulle airport. The organizers are doing everything they can to alleviate the problem, ...
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Hoya's Lens Sales Grow By Double Digits In Europe
Sales of ophthalmic lenses grew by just over 10 percent on a constant-currency basis in Europe for Hoya Corporation during its first quarter, ended June 30, and this positive trend is going on. Company officials indicate that the German and Scandinavian markets continued to be tough, while France, Spain, Italy, ...
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Europarliament Proposes Mandatory Origin Labeling
Two Italian members of the European Parliament are proposing to include ophthalmic and contact lenses as well as eyewear as manufactured goods compelled to bear labels stating their country of origin, if they're produced outside the European Union. The EuroMPs, Francesco Enrico Speroni and Matteo Salvini are both members of ...
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Mister Spex Gets More Funds For Expansion
Mister Spex is probably the largest German virtual store for eyewear. With sales of €4.5 million in 2009, it ranked No. 1 in the category and No. 99 among all kinds of internet retailers in Germany in a list put out by iBusiness.de. It is targeting a turnover of more ...
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Mixed Figures From The U.S. Market
Jobson Research's monthly Optical Business Barometer for August shows a slight uptick in the U.S. market. On a scale of 1 to 5, where 5 is the most positive and 3 is neutral, the average opinion of the U.S. industry was 3.7, up from 3.5 in July. The 3.7 matches ...
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Indian Group Renames Its Stores As Stylei
Odyssey India, a wholly owned retail subsidiary of the Indian newspaper group Deccan Chronicle, has rebranded three optical retail stores from The Eyewear Store to STYLEi, and opened the first STYLEi store at Mantri Square Mall in the city of Bangalore. The store has minimum guarantee and revenue-sharing models with ...
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Strong Increases At Marcolin
Marcolin reports that its consolidated revenue increased by 15.6 percent to €115.6 million for the first half of 2010, indicating growth of 14.6 percent on a currency-neutral basis. Operating earnings before amortization (Ebitda) leapt by 92 percent to €21.1 million, while Ebit (after amortization) and net profit both more than ...
