All Article articles – Page 78
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Silmo Istanbul will offer extended floor space
The fifth edition of the International Silmo Istanbul Optical Fair will take place from Nov. 30 to Dec. 3. The organizers of the event said the trade show will offer 1,500 square meters of additional floor space, an extension which is likely to attract an increasing number of professionals. Since ...
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Steady progress for Fielmann
The leading German optical retailer posted a sales increase of 3 percent on a same-store basis during the third quarter, although the weather was not so good. The higher revenues were largely attributed to a better product mix, which had also a favorable impact on margins, offsetting foreign exchange losses ...
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Visottica partners with two Italian firms
Visottica Comotec, a global leader in the eyewear component sector, recently signed a strategic partnership with Ookii, an Italian company with more than 30 years of experience in micromechanics, and Matrix, the leading Italian producer of components made with mechanical injection molding (MIM) and micro-casting.The partnership is backed by the ...
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Götti sets up a U.S. office
Götti is setting up its own sales subsidiary for the U.S. market this month, with an office and warehouse in New York. The subsidiary, Götti USA, will be run by Maria Schneider, a German manager from the financial sector who has lived in the U.S. for 25 years. Her husband, ...
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The Luxottica-Essilor merger may not happen this year
The European Commission suspended for a few days its anti-trust investigation into the planned €46 billion merger of Luxottica and Essilor as the companies had failed to provide requested information regarding the deal. It has resumed the investigation after obtaining the documentation, but it's now unlikely that it will be ...
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Hoya partners with Orgreen for Yuniku
Hoya Vision Care announced a new collaboration with Orgreen, an eyewear producer from Denmark, for its integrated offer of spectacles and lenses, called Yuniku and launched at the Silmo trade show in Paris a year ago.From this December, Orgreen by Yuniku will be available for all opticians that have installed a ...
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The U.S. optical market just inches up
The U.S. total vision care industry grew by 0.2 percent in the 12 months from June 2016 to June 2017 as compared to the same period a year earlier, and reached $40.17 in revenues, according to the latest numbers from The Vision Council's VisionWatch survey, reported by Vision Monday.Eyeglasses represented ...
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Mixed results for Valeant
Valeant Pharmaceuticals, the parent company of Bausch + Lomb, saw revenues for the third quarter decline by 10 percent from the same quarter in 2016, down to $2,200 million. However, it said that its Bausch + Lomb and International segment achieved a healthy performance, with strong 6 percent organic revenue ...
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AVM 1959 signs up with Lamborghini
AVM 1959, the Italian company previously known as Allison, is expanding its brand portfolio by adding a license for a line of eyewear bearing the name of Tonino Lamborghini, the famous brand of luxury sports cars.The first sunglasses and prescription frames under this name will come out early next year ...
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More funding for Luxexcel’s 3D-printed lenses
Innovative Industries, a Dutch-based venture capital fund, has invested €4 million in Luxexcel, a developer of 3D printing technologies. The equity investment will be used to accelerate the development of the next generation of Luxexcel's 3D printing platform for prescription lenses for use in augmented reality (AR) and virtual reality ...
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Silmo celebrates its 50th edition
The Silmo eyewear show will be celebrating its 50th anniversary from Oct. 6 to 9 at the Parc des Expositions fairgrounds in the north of Paris, adding a number of special events to its usual schedule.Initially launched in 1967 as a plastics show in Oyonnax, close to the Jura region, ...
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Specsavers grows by 6.6% in constant currencies
Specsavers' revenues for the fiscal year ended in February were up by 4.1 percent over the previous year to 2,270 million pounds (€2.56bn-$3.06bn), or by 6.6 percent in constant currencies. In its annual report, the international U.K.-based optical retail chain said it has embarked on a journey to transform what ...
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Coopervision’s sales increase across the board
CooperVision (CVI) saw revenues increase by a reported 7 percent to $437.3 million in the third fiscal quarter ended July 31 as compared to last year's third quarter. In constant currencies, the revenue increase was 8 percent.CVI's sales grew by 7 percent in the second calendar quarter, outperforming a contact ...
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Alain Mikli joins Gold & Wood
Alain Miklitarian, the innovative eyewear designer better known as Alain Mikli, is coming back to the eyewear sector as artistic director of Gold & Wood, the high-end manufacturer of frames based in Luxembourg, starting with next month's Silmo show in Paris. The fruits of his input should begin to be ...
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Iceberg comes back with Class Glassis
The Italian fashion brand is coming back to the eyewear market through a five-year licensing deal with Class Glassis, an Italian company created in 2011 by a former distributor of glasses to manage the eyewear license for another well-known Italian fashion brand, Marni, which was transferred to Marchon last year.The ...
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Mondottica takes on the Benetton license
The fast-growing international group has announced the signing of an exclusive global license agreement for the design, production and distribution of a line of eyewear under the United Colors of Benetton brand. Mondottica is likely to sign another important, yet unnamed license soon, possibly before the start of the Silmo ...
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Blackfin refocuses on the Italian market
Because of the sluggish state of the domestic market in recent years, Blackfin's strategy has been to concentrate more strongly on its development abroad.Its leading markets are now Germany, Italy and the U.S., in that order, together representing 60 percent of total sales. For this company, known for its titanium ...
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A new boss for GrandVision
GrandVision N.V. has found its next chief executive. Stephan Borchert will be moving from Sephora to take up the position by April next year. Borchert, 47, has in-depth retail experience gathered from his years as president of Red Earth in Hong Kong and managing director of the international business of ...
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A new brand celebrates the Renaissance
Giovanni Accongiagoco, a co-founder of the Italia Independent Group, is celebrating the Renaissance and its creative values with a new brand called Catherine de' Medici 1533. The new brand is named after the Florentine noblewoman who married the second son of King François I of France in 1533. She is ...
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The Essilor-Luxottica merger hits a snag in Brussels
The European Commission has decided to open an in-depth antitrust investigation into the proposed merger between Essilor International and the Luxottica, due to concerns that it may reduce competition for opththalmic lenses. It will also investigate its effects on the market for eyeglasses. The review is expected to take up ...
