All Article articles – Page 229
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Airess Signs Up John Galliano
Airess has reserved a 600-square-meter stand at this week's SILMO fair, its largest stand sofar, to make place also for its two latest acquisitions, Buffard and SFL (Société Française de Lunetterie), two neighboring French firms which were employeing about 100 persons each. Buffard makes mainly metal frames, nicely complementing ...
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De Rigo Triples Sales, Thanks To Dollond & Aitchinson, But Net Income Collapses
The acquisition of the British Dollond & Aitchison chain has tripled the turnover and operating profits of the Italian De Rigo eyewear group, but it cut in four its net profit, as compared to the first 6 months of 1998. ...
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Paolo Cannicci Is Anfao's New President, Cirillo Marcolin Takes Over At Mido
Changes have been announced at the top of the Italian eyewear industry's trade association, Anfao. The association will be chaired by Paolo Cannicci, president of Sover, who has run the MIDO fair for the past 5 years. He will head up Anfao's new board of directors. The past president is ...
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Essilor Appoints A Dedicated General Manager At Christian Dalloz
Claude Balleyguier has been appointed as general manager of Christian Dalloz, a new position within this subsidiary of Essilor, specializing in safety glasses and other personal protection equipment. Philippe Alfroid, who is general manager of Essilor, remains as chairman of Dalloz. Balleyguier, 47, has been running Tektronix' European ...
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Last-ditch Attempt To Salvage Galileo's Italian Production Fails
There is still no clear solution in sight for the floundering Galileo group, especially with regard to the old Italian manufacturing facilities of its parent company, based in Marghera near Venice. A group of local entrepeneurs led by Riello, a leading manufacturer of boilers and incinerators, announced at the beginning ...
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It's Been A Tough Start On The Milan Stock Exchange For Marcolin
The initial drop was a bit nerve-racking, but then the share started to gain some recognition. It was a difficult start for Marcolin, the second major Italian eyewear firm to go public on the small Milan stock exchange last July 19, following Safilo's lead. The other two Italian majors, De ...
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The French Eyewear Industry Declines
The value of the French eyewear industry's production declined by an estimated 8.7 percent in the 1st half of 1999 to 2,709.3 million French francs (e413m-$445.2m), as compared to the same period one year ago, after an 8.7 percent increase in the 1997 calendar year and a small drop of ...
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Fielmann Moves Into Poland, Eyes Spain
The giant German chain of optical shops will open next month its first store in Poland. Fielmann plans to set up a total of 30-40 outlets in the promising Polish market in the next 2-3 years, not far from its own production facilities near Berlin. As personnel costs are relatively ...
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Sports And Japan Let Safilo Grow Fast
The Tabacchi brothers made two major strategic choices that have enabled Safilo to keep growing in spite of the difficulties the industry is facing, not least on the Italian market. The first one was their 1997 decision to start up a sports division, with the acquisition of Carrera and Smith ...
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L'amy Wants To Make An Impact At Silmo
The walls of the Porte de Versailles metro station, located next to the SILMO eyewear fair, will be decorated with the colors of the new more fashion-oriented logo of L'Amy during the fair. Marc Lamy and Yves Durand, who bought the leading French manufacturer of eyewear frames back from Eyecare ...
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Support For The Made In Italy Label
The Italian government has increased its financial support to the Foreign Trade Institute (ICE) for promoting Italian eyeware on the international market from 500 to 720 million lire (e370m-$400m) a year. After meetings with the small and medium-sized firms in the industrial district of Belluno, where most of the Italian ...
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Ray-ban's Takeover By Luxottica Leads To Layoffs In The Usa, New Jobs In Italy
There is more to Ray-Ban's new Italian identity than the brand's transfer of ownership from Bausch & Lomb to Luxottica. Manufacturing and managerial structures in the USA and Europe are being dismantled, as production of the famous brand of sunglasses is moved over to Italy. In early September, Luxottica chief ...
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Essilor Reaches An 18.1% Ebit Margin
The world's leading supplier of ophthalmic lenses has reported an 11.6 percent boost in its net income to €366.7 million for last year, translating into an increase in its net margin to 12.6 percent from 12.2 percent the year before. The gross margin declined to 57.6 percent from 58.2 percent, ...
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EYEWEAR INTELLIGENCE EUROPE gives to its subscribers at least 14...
EYEWEAR INTELLIGENCE EUROPE gives to its subscribers at least 14 times a year 4-8 pages of exclusive information about the international market. Here are some of exclusive facts and figures that will be published in the regular issue coming out just before the MIDO fair in Milan (we have a ...
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Marcolin Signs Dsquared2 License And Improves Results Sharply
Marcolin signed a five-year license agreement, renewable for another five, with Dsquared2. The contract was signed with Dean and Dan Caten, the designers of the Italian brand, and its licensor, Staff International. The deal marks Dsquared2's diversification into eyewear. A collection of men's and women's sunglasses is scheduled in the ...
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Optotrades Closes 2007 In The Black, With Increased Equity
Rumors that Optotrades was on the verge of bankruptcy have been denied by the management of this Italian buying group, which services around 300 optical retail stores. At the end of 2006 Optotrades did in fact post a €839,000 loss, caused by a few customers who had not paid for ...
