All Article articles – Page 181
-
Article
Signature Continues Turnaround, Stops Licensing Eddie Bauer
In its 3rd quarter ended July 31, Signature Eyewear saw its net income jump by 84.3 percent to $846,090, backed by a 2.1 percent rise in sales to $6.28 million. This puts Signature's sales for nine months at $19.1 million, up 5.2 percent, with a net income of $1.32 million ...
-
Article
A Comparison Between The U.S. And European Sunglass Markets
In terms of the pairage sold, the European sunglass markets follows close on the heels of the US market. A study presented by the European Sunglass Association (ESA) at its annual convention in the Italian resort of Camogli last June shows US consumption to have been only very slightly higher, ...
-
Article
Carl Zeiss Vision Restructures
The new German-based group born out of the merger of Carl Zeiss' ophthalmic operations and SOLA International is closing down some expensive production lines in Germany and France. At the same, following the policy of the former SOLA and like its competitors, Carl Zeiss Vision is buying up another laboratory ...
-
Article
Uk Lens Market Overtakes The German One, But The Industry Fears Government Changes
Sales of optical lenses were higher in the UK than any other European country in 2004, according to Strategy with Vision. Some 29.2 million lenses were sold in the United Kingdom compared with 28.7 million in Germany and 25.5 million in France. Strategy with Vision, a British consultancy led by ...
-
Article
Luxottica Makes Further Moves In China
Luxottica has announced the acquisition of another optical retail chain in China, turning the company into the leading player in this promising market, with a total of 278 stores in two of the three premium optical areas of the country ? Beijing and the Guandong province ? and in Hong ...
-
Article
New Eu Directive Combats Fakes, And Italy Imposes Heavy Fines On End Users
Asian competition in the fashion industry has forced European authorities to draw up stricter rules and impose more severe punishments in order to fight counterfeiters. The European Union has adopted a new directive to harmonize legislation on the defense of intellectual property rights and to reinforce European cooperation against offenders, ...
-
Article
COOPERVISION STEPS UP PRODUCTION CooperVision (CVI), which took over...
COOPERVISION STEPS UP PRODUCTION CooperVision (CVI), which took over Ocular Sciences (OC) last Jan. 6, is adding five new production lines between the end of this year and 2006 to generate up to $250 million in additional annual sales of contact lenses. The main goal is to respond to ...
-
Article
Results Decline At De Rigo
De Rigo has reported an 18.7 percent drop in net income to €10.0 million for the first six months of 2005, representing 3.7 percent of sales as compared to 4.5 percent in the same period a year ago, but its net financial position improved to €14.3 million from the level ...
-
Article
Marcolin's Turnover And Margins Slide
Marcolin's sales results for the 1st half of 2005 show that turnover and margins have begun the downward slide triggered by the loss of the Dolce & Gabbana collections, which went to Luxottica at the end of last year, a year before Marcolin's contract was going to come to an ...
-
Article
German Recovery And Acquisitions Help Drive Essilor To New Highs
Profit figures for the first six months of this year have not yet been released, but they are expected to have been pretty good, pushing up the operating margin (Ebit) of the group over the 18 percent level thanks to higher than expected sales. In fact, Essilor's management is beginning ...
-
Article
Fielmann Picks Up Speed Again
Fielmann's net profit increased by 50.6 percent to €16,033,000 for the 2nd quarter ended June 30 as sales rose by 29.0 percent to €189.7 million for the period, pushing the share price up to new highs. From a level of €51-52 at the beginning of January, the share price has ...
-
Article
Clearlab Pushes Asian Sales
ClearLab has appointed Michael Sausman to a new position as sales director for the Asia Pacific region. A former managing director of Lunelle, he has left as vice president of business development for the Asia-Pacific region at CooperVision . ClearLab generated total sales of $4.6 million in the 2nd ...
-
Article
Bausch & Lomb Improves, Sells Wöhlk
The management of Wöhlk, a German supplier of contact lenses, has bought back the business from Bausch & Lomb, which had taken over the company in 2000 from Carl Zeiss. Wöhlk, which employs about 180 people, will continue to operate under Lothar Haasel from its headquarters at Schönkirchen. ...
-
Article
The Dissolution Of Moulin Begins
Ferrier Hodgson, the company's provisional liquidator, has started the process of tearing apart Moulin Global Eyecare Holdings, selling off HK$80.0 million (€8.4m-$10.3m) worth of assets in China to repay some of the firm's debts, but Moulin's creditor banks have asked for a three-month extension of the liquidation process as negotiations ...
-
Article
New Fair In Germany? Hard To Believe
ZVA, the German optical retailers' association, circulated a statement at the end of July indicating that it was talking to Messe Berlin about holding a new eyewear fair in the German capital, adding that it was going to talk about this to Spectaris, the German eyewear industry association. Officials of ...
-
Article
De Rigo Goes Private
The Italian holding company of the De Rigo brothers, which owns 77.2 percent of the eponymous company, has launched a tender offer to take De Rigo off from the New York stock exchange. Company officials say the cost of being listed in the USA outweigh the related benefits, adding that ...
-
Article
Hoya Recovers In Germany, Too
Confirming the analyses of Essilor and Fielmann (see articles above), Hoya mentions ?a sign of slow recovery? in the German market during its 1st quarter ended June 30. Other markets in Europe and the USA showed an indication of growth, too, according to the Japanese firm. Growth in the Asia ...
-
Article
Visionix Goes Private
An extraordinary general meeting of Visionix's shareholders has approved a proposal to merge the company with two other entities, Luneau Management and Luneau Merger Sub, resulting in a management buyout that will lead the company to go private and to be de-listed from the Frankfurt stock exchange by the end ...
-
Article
Safilo Has Improved Sharply
The world's second-largest producer of eyewear, which is reportedly still eager to go back to the stock exchange, has announced a consolidated net income of €24,032,000 for the first six months of this year, up sharply from €4,019,000 in the 1st half of 2004. Sales grew by 8.9 percent to ...
-
Article
Luxottica Is Looking At Other Markets
In addition to the recently reported acquisition of the largest optical retail chain in Beijing, Xueliang Optical, Luxottica has set up its own sales subsidiary in Russia and it will complete over the next few months the establishment of a wholesale operation in China. Looking to the West, it has ...
