All Article articles – Page 86
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J&J posts higher sales and profits
Johnson & Johnson (J&J) reported a 4.2 percent increase in its worldwide sales to $17.8 billion in the third quarter as compared to the same quarter a year ago, driven by the successful launch of new products and the strength of its core businesses, in particular the pharmaceutical segment. In ...
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Multichannel shopping is on the rise
More and more customers consult the internet before purchasing a pair of glasses. An online survey conducted by GfK among 6,002 consumers in five European countries at the end of February shows that 20 percent of them used the internet to gather information about spectacles and 26 percent for sunglasses, ...
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Fielmann performed better in Q2
After registering its first quarterly decline in about ten years during three months ended last March 31. Fielmann raised its consolidated sales by 5.1 percent to €344.0 million in the second quarter ended June 30, with a healthy increase on a comparable basis of about 3.5 percent. Unit sales went ...
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TCV invests €45 million in Brillen.de
Technology Crossover Ventures (TCV), an investment company with offices in the U.S. and in London, has invested €45 million in Brillen.de, a family-run multi-channel provider of prescription eyewear in Germany. Brillen.de plans to use the funds to expand its executive team and enter new markets including the U.S. The company ...
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Shamir starts to advertise
Taking its cues from Essilor International, which is investing more than before in consumer-oriented advertising, Shamir Optical Industry has launched its first marketing campaign in France, with a TV spot and an initial budget of €100,000. Depending on the results, the initiative will be extended to other countries in Europe, ...
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Gold & Wood boosts its management
Wood Optic Diffusion, the Luxembourg-based manufacturer of the Gold & Wood line of high-end glasses, has appointed two new managers to help drive a new phase of growth, with the objective of doubling its turnover. One of them is Sébastien Dehaine, a former brother-in-law of Alain Mikli who spent eight ...
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Annus horribilis for Italia Independent
The first-half results of Italia Independent indicate a further deterioration of in the second quarter of an already poor first quarter, marked by the departure of one of its founders, Giovanni Acconciagioco. Its total sales fell by 34.5 percent to €16,344,000 in the first six months of this year, leading ...
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Essilor becomes the biggest online retailer in Europe
The online retail business has become so important for Essilor International that it has been placed in the hands of a high-profile manager, Bernard Nuesser, with global responsibilities, according to well-informed sources? This former international director of GrandVision and chief executive of its Vision Express chain in the U.K., ...
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Silmo becomes more international
About 900 exhibitors from all over the world will present 1,350 brands on 80,000 square meters of space in Paris for four days, starting tomorrow. The number of French exhibitors will be down slightly to 209 from 215 a year ago. Slight increases are being scored in exhibitors' numbers from ...
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Opal sets up an office in Canada
Opal, another French company that is setting up a strategic partnership with Demetz, has found an interesting way of setting foot in the Canadian market. Two years after the launch of an Asian sales office in Hong Kong, it set up its own sales office for the Canadian market last ...
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Mister Spex expands its partnerships with opticians
Mister Spex doesn't want to give us its latest turnover figures. However, five years after its introduction of its special click-and-collect program with brick-and-mortar retailers in mid-2011, the German online retailer has put together a network of 550 partner opticians in Germany, placing it in third place in terms of ...
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Italy’s export growth softens
After the double-digit increases recorded in recent times, the growth in Italy's eyewear exports slowed down to a rate of 4.7 percent in the first half of 2016. Compensating for this trend, the Italian market showed a slight recovery during the period, according to the Italian eyewear industry association, Anfao, ...
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François Pinton works with Karavan
François Pinton, an emblematic figure in French designer eyewear, has struck a strategic partnership with Karavan & Co. (KNCO), a French company that is managing a growing array of eyewear brands and licenses. The idea is to create economies of scale that will help to relaunch the François Pinton brand, ...
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Good turnout in Vegas
International Vision Expo West 2016 has seen increased attendance and strong sales from exhibitors, according to preliminary reports issued by Reed Exhibitions and its partner, the Vision Council, after the event. This year's show was held on Sept. 14-17 in Las Vegas. It featured 460 suppliers and manufacturers, including 100 ...
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New management structure at Vista
Vista Outdoor, whose holdings including Bushnell and its eyewear brands, Bollé, Cébé and Serengeti, has announced a new segmentation of its recently enlarged brand portfolio, appointing new managers to run its different operations. Kelly Grindle, who remains as president of Outdoor Products, will oversee three new market areas: Outdoor Recreation, ...
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Luxottica issues warnings after a soft Q2
Luxottica cut its sales and profit guidance for the full year after a softer-than-expected second quarter, adopting a more cautious view for the second half of the year, which should nevertheless outperform the first six months of 2016, according to the management. Second-quarter sales were hit by poor weather conditions ...
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Italy's first half exports up by 6.2%
Italy's eyewear exports continued to grow in the first half of 2016, although the pace slowed down a little in important markets such as Asia and Latin America, mainly due to the Brazilian recession. The domestic market seems to be maintaining last year's level, with sales picking up both for ...
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Article
Luxottica issues warnings after a soft Q2
Luxottica cut its sales and profit guidance for the full year after a softer-than-expected second quarter, adopting a more cautious view for the second half of the year, which should nevertheless outperform the first six months of 2016, according to the management. Second-quarter sales were hit by poor weather conditions ...
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Article
Italy's first half exports up by 6.2%
Italy's eyewear exports continued to grow in the first half of 2016, although the pace slowed down a little in important markets such as Asia and Latin America, mainly due to the Brazilian recession. The domestic market seems to be maintaining last year's level, with sales picking up both for ...
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GrandVision’s quarterly sales accelerate
GrandVision's growth accelerated in the second quarter from the first one. Year-on-year, sales rose by 3.6 percent in the second quarter on a comparable store basis, after posting an increase of only 0.9 percent in the first quarter. They went up by 4.8 percent to €867 million in reported terms, ...
