All Article articles – Page 209
-
Article
Like other European buying groups, Optiker Gilde has decided to...
Like other European buying groups, Optiker Gilde has decided to change its status into a GmbH, or limited partnership. One of the advantages will be a simplification and a reduction of the members' fees. Meanwhile, Optiker Gilde has launched a new TV advertising campaign this month, following earlier successful marketing ...
-
Article
Marchon Eyewear has joined VisionWeb as a minority shareholder, next...
Marchon Eyewear has joined VisionWeb as a minority shareholder, next to Johnson & Johnson Vision Care, Allergan and Jobson Publishing. Essilor International is still the majority shareholder of the American internet portal. More than 100 suppliers are supporting VisionWeb, which has just finishing beta testing. Besides Marchon, a dozen frame ...
-
Article
Marcolin's Us Investment Pays Off
The relatively big investments made to acquire Creative Optics, the US wholesale network, led to an 83.5 percent drop in Marcolin's net profit to e687,000 last year, as compared to e4,155,000 in 2000, but the board of directors is proposing to keep dividends unchanged. The e3.5 million decline ...
-
Article
Rudolf Suter has decided to postpone until 9-10 months from...
Rudolf Suter has decided to postpone until 9-10 months from now the final release of Concepcion's new direct casting technology for optical lenses as the process development until now has turned out to be unsatisfactory. One of the problems is apparently a shrinking of the lenses during the polymerization process. ...
-
Article
Visitor Numbers At Cologne Optica Shrink By 18.5% To 16,300
The organizers of the Cologne fair have announced that the show will go on next year, in the same spacious and comfortable pavillion that looks onto the Rhine river. So the duel with Munich is set to continue, unless Cologne throws the towel in the run-up to the next Optica ...
-
Article
New Leader Industries 2001 Will Concentrate On Manufacturing
Pierre Habib, who had joined Leader Industries 8 years ago and turned it around in 1997, has raised from 20 to 100 percent his stake in the Canadian sports and protective eyewear firm by taking over its assets from its only secured creditor, the National Bank of Canada, for 7.5 ...
-
Article
Marcolin's Revenues Are Up By 24%
The final results will come out in 2nd half of March, but Marcolin estimates that its revenues grew by around 24 percent in 2001 to some e157 million. Creative Optics, the US distribution firm acquired by the group, was a big factor. Cébé took in about 15 percent of ...
-
Article
Safilo never expected to repeat the record 34 percent growth...
Safilo never expected to repeat the record 34 percent growth recorded in 2000. The management had budgeted an increase of around 20 percent, so the e845 million actually posted for the year 2001 - 23.3 percent up on 2000 - was slightly above target. Since Vittorio Tabacchi decided to take ...
-
Article
Indo and Viva International have started up a new 50-50...
Indo and Viva International have started up a new 50-50 joint venture in Spain, called InViva, to market and distribute Viva's products in Spain, where Indo had previously distributed Viva's Guess? collection. Viva has also opened a new sales office in Hong Kong for all its brands. Other developments include ...
-
Article
Fredon Grows By 6.7 Percent
In spite of the difficulties that the eyewear industry is currently experiencing, Fedon increased sales in 2001 by 6.7 percent to e58.6 million. The Italian group thus confirms its position as the world's leading producer of eyewear cases. The production of 40 million eyewear cases and 22 million eyewear accessories ...
-
Article
Luz, a French buying group that works for about 650...
Luz, a French buying group that works for about 650 affiliated optical shops in France and Belgium, has been acquired by Balsa, another French company that already controls SAPMM, a small regional buying group of 30 opticians run by André Schertz, owner of Les Opticiens Maurice Frères. Luz had been ...
-
Article
Cooper Is Excited About Biocompatibles Eye Care's Acquisition
The potential benefits from the takeover of Biocompatibles' eye care business, which has now been completed, may even be greater than those that came from Cooper Companies' acquisition of the former Aspects Vision Care in the UK 3 years ago. It will give CooperVision (CVI) a sales infrastructure in France, ...
-
Article
Alain Mikli has opened a store in Hong Kong, adding...
Alain Mikli has opened a store in Hong Kong, adding to its own boutiques in Paris, Düsseldorf, Tokyo and New York. The French eyewear designer has appointed Bruno Herbin, 36, as assistant general manager in charge of operations and international development in Asia and America. A graduate of the University ...
-
Article
Alain Afflelou Gets Ready for A POSSIBLE PUBLIC OFFERING
Alain Afflelou, the French optical chain, is getting ready for a possible stockmarket introduction through Crédit Lyonnais, but company officials emphasize that a date has not yet been set. The flotation could help the chain to finance the planned development of a new optical store format, due to be launched ...
-
Article
Oakley Sees Better Times Ahead
Oakley is cautiously anticipating an increase of 18-20 percent in pre-tax earnings this year. Revenues should pick up by between 20 and 25 percent, with footwear and prescription glasses showing the strongest growth. The operating margin should be comparable to that of last year. Oakley's sales of sunglasses will be ...
-
Article
Ama, The German Buying Group, Negotiates New Partnerships In Europe
The large German buying group is currently discussing a cooperation with an unnamed Spanish group. AMA already has some members in Britain and Ireland, and it has similar cooperation agreements with other European buying groups operating in Belgium, Switzerland and Greece. For the moment, AMA's cooperation with foreign groups is ...
-
Article
Vision Council of America (VCA) says its members' sales of...
Vision Council of America (VCA) says its members' sales of frames dropped by 5.9 percent in value to $813.5 million last year. Volume deliveries declined by 1.2 percent to an estimated 23.8 million frames. Lens sales by VCA members declined by 2.1 percent in volume, but rose by 0.9 percent ...
-
Article
Jacques Stoerr, founder of Essilor of America (EOA), retired as...
Jacques Stoerr, founder of Essilor of America (EOA), retired as the US-based subsidiary's chairman of the board. He began his career at the French company ? then named Essel ? by being posted in the UK in the mid-1960s. After holding a variety of management positions, including that of president ...
-
Article
American Magnetic Clip War Goes On
Aspex Eyewear, the innovative Canadian/American developer of magnetic sun clips, flexible frames and other eyewear products, has filed yet another patent infringement suit against Revolution Eyewear, the US firm which has been selling a magnetic sun clip of its own. Like before, its partners in the case are Manhattan Design ...
-
Article
The German Apollo-Optik chain has taken over two stores of...
The German Apollo-Optik chain has taken over two stores of Der Brillenbär and placed 9 other stores of the 15-year-old Berlin-based optical retail chain under its own banner as franchises. Apollo, which was taken over by Pearle Europe in 1998, is Germany's second-largest optical retailer after Fielmann, with more than ...
