All Article articles – Page 171
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J&J Invests In Its Irish Acuvue Factory
With support from IDA Ireland, an Irish government agency responsible for securing new investment, J&J is investing €100 million into its Vistakon subsidiary in Ireland that manufactures Acuvue contact lenses. The investment will increase production capacity and create an estimated 124 new positions in engineering, quality control and manufacturing. The ...
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Optical Shop Of Aspen Adds Doors Amid New Details On Oakley's Purchase
The Optical Shop of Aspen (OSA) is on the verge of raising the number of its high-end eyewear operations from 15 to 23. The retailer, which was recently acquired by Oakley, is finalizing a deal with an outlet in East Hampton, New York, called The Visionary, that would turn the ...
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Silmo Adds Several New Features
Visitors at next month's SILMO fair, running in Paris from Oct. 27 to Oct. 30, will be able to watch the live beginning of a yacht race on a big screen, stumble through a darkened tour of the blind's eye and romp through a children's area while brushing up on ...
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Afflelou Makes More Profit
The French franchising company, which is now controlled by Bridgepoint, improved its net profit by 32.8 percent to €30.2 million for the year ended last Apr. 30. The gross profit rose by 15.9 percent to €75.2 million, with increases of 12.7 percent in the contribution from its franchising services and ...
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Market Share Lost By Cooper In The Americas Is Made Up Elsewhere
Stiff competition from Johnson & Johnson has caused CooperVision and other major players like CIBA Vision and Bausch & Lomb to lose share in the U.S. soft contact lens market, according to Cooper Companies' management. J&J has seen success in this market with its high-priced silicone hydrogel lens, the Oasis, ...
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Marcolin Reports Higher Revenues But Is Not Yet Back In Profit
The results posted for the 2nd quarter and the 1st half of 2006 indicated that Marcolin may well be about to come out of the tunnel it got dragged into when it lost the Dolce & Gabbana brands out to Luxottica, with a short transition period until Dec. 31 2005. ...
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Ed Greene Fills Bill Thomas' Leading Role At The Head Of Vca
Bill Thomas has somewhat unexpectedly resigned as chief executive of Vision Council of America after 10 very fruitful years at the head of the U.S. trade association. He oversaw the merger in 1999 of the former Vision Industry Council of America and the Optical Manufacturers Association. Under Thomas, the number ...
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Nobert Gorny Replaces Jeremy Bishop At The Head Of Carl Zeiss Vision
Jeremy Bishop, the Australian executive who had previously run SOLA International out of its headquarters in San Diego, is leaving as chief executive of Carl Zeiss Vision International, the group that came out of the merger of SOLA and its American Optical subsidiary with Carl Zeiss' ophthalmic business in March ...
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Christian Dalloz Sunoptics Changes Hands
Bacou-Dalloz, the large personal protection and safety specialist in which Essilor has a minority stake, has sold its subsidiary Christian Dalloz Sunoptics to Hervé Meillat, a former company executive who has been working as a consultant in the USA recently. Based in the Jura region of France, the operation ...
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Eyeing The U.S. Market, Clearlab May Separate From Its Parent
The young manufacturing arm of 1-800 Contacts outside of the USA plans to launch globally a new product, the AquaSoft Singles, whose special packaging allows users to carry some 30 soft lens in a single small packet. ClearLab has high hopes for the product, which will be the first sold ...
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Gerber Coburn Improves Customer Service
Gerber Coburn has appointed a manager of customer service and applications to build a new team of field application engineers, to manage the company's technical telephone support team and to establish new best practices and policies for the ophthalmic industry. The new manager is John Ingriselli, who has been with ...
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Essilor May Be Interested In Rodenstock
Permira has given a mandate to Drücker, a Frankfurt-based investment advisor, to sound out potential bidders for its own 85 percent controlling interest in Rodenstock, whose results have been improving faster than expected. Anyhow Xavier Fontanet, chairman and chief executive of Essilor International, said a few days ago that he ...
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Fielmann Remains Optimistic
Germany's largest optical retailer recorded a pre-tax profit of €48.1 million for the first six months of this year, or 38.2 percent more than in the same period of last year. The company anticipates a clear rise in sales and profits for the full year. Analysts are predicting pre-tax profit ...
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Hoya Achieves 18.5% Margin In Vision Care
Sales of vision care products grew by 12.4 percent to 27.93 billion yen (€189m-$242m) at Hoya Corp. for the 1st quarter ended June 30, with a 20.4 percent increase outside Japan. Sales in the domestic market were off by 1.6 percent and came to represent only 31.3 percent of vision ...
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Luxottica Upgrades Forecast After Another Strong Quarter
The 2nd quarter ended June 30 was as good as the first one. For the full 1st half of 2006, Luxottica achieved net income of €224.5 million, 34.1 percent better than in the same period a year ago, on 17.1 percent higher net sales of €2,556.8 million. Revenues were up ...
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Essilor Grows Strongly, Annexing More Labs In The Usa
Softness in all the major Western European markets, where its sales grew by only 1-2 percent in the period, didn't prevent Essilor International from recording a strong 8.7 percent sales increase on an organic basis during the 1st half of 2006 - much better than the industry leader's longterm goal ...
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Bausch & Lomb Slashes Guidance
The battered American company indicated to investors yesterday that it stands to make a pre-tax profit of only $27-80 million for this year on sales of $2.33-2.4 billion, growing to a $220-270 million profit in 2007 on sales of $2.5-2.625 billion. Its U.S. operations will show a loss in 2006. ...
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De Rigo Enjoys Big Growth, Reinforces Partnership With Indo
To further promote sales of its lines in Spain, where it owns a big optical retail chain, General Optica, the Italian company has signed a joint venture agreement with INDO, which has been allowed to acquire a 40 percent stake in the share capital of Vogart Line, De Rigo's sales ...
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Senator Introduces Bill For Childrens' Vision Care In The Usa
Senator Christopher Bond of Montana has introduced a bill that would provide federal funding to the states to help diagnose and correct eyesight problems at an early age, before children enter kindergarten or school. The terms of the new Senate legislation are still very broad and the precise budget will ...
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Zeiss Buys A Swedish Firm, Reduces Layoffs
On the strength of a 10 percent increase in orders, Carl Zeiss Vision has decided to lay off only 220 employees at its German headquarters in Aalen, instead of the originally threatened 400, reducing the total staff at the site to about 1,200 persons. This is part of an agreement ...
