All Coronavirus articles – Page 2
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News briefs
Euro area wage decline limited at 7% during lockdown
The decline in labour income was limited at 7 percent in the euro area during coronavirus-related lockdowns thanks to short-time work and temporary lay-off schemes introduced in various member states of the monetary union, according to a survey released by the European Central Bank (ECB). The ECB notes that ...
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ArticleGrandVision sales in reopened stores drop by 13% early June
GrandVision is enjoying a recovery in sales as its stores reopen, but the company has noted that consumers are continuing with e-commerce purchases, especially for contact lenses.
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News briefsEnglish retailers reopen in a climate of caution
Non-essential stores reopened in England on June 15 amid concern that consumers will be absent, as a majority of people, 54 percent, remain opposed to the reopening. They are particularly reluctant to returning to shopping centers.
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ArticleSafilo’s credit rating downgraded to B3 by Moody’s
Like many other companies, Safilo is seeing its credit rating cut because of the impact of the coronavirus. But, the eyewear manufacturer was already weakened prior to the health crisis by the loss of the Dior license and a further downgrade is a possibility.
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News briefs
De Rigo donates €100,000 and frames in anti Covid-19 initiatives
De Rigo has taken part in two initiatives with the local authorities of the Veneto region, where it is based, as part of its efforts to fight the Covid-19 pandemic. The company donated €100,000 to the ULSS n1 Dolomiti local health and social care facility in Belluno through an agreement ...
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ArticleTwo-speed restart in France after coronavirus crisis
Lens manufacturers are enjoying a strong recovery on the French market, while frame manufacturers are experiencing a slower restart as cash-strapped opticians delay reassortments.
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News briefs
Optiswiss to upgrade its production site in Switzerland
Optiswiss , the large Swiss-based independent lens laboratory, has set up a fully automated production line for its remote form edging. Orders are currently increasing and its roughly 200 employees have restarted working normally. The company had introduced remote working and shortened working time due to the coronavirus crisis, it ...
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News briefs
Opticians’ sales down 99.1% in France in April
Banque de France reported that optical shops’ revenues in the country decreased by 99.1 percent in April, the only full month under lockdown, as compared to the same month last year. It is the second highest drop rate among all sectors in France, after bicycles and motorbikes, which went ...
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Article
Luxottica joins forces with Padua university to manage Covid-19
Luxottica is intensiving measures to combat Covid-19. A new protocol, including blanket testing and sensors to maintain and monitor social distancing, is being implemented in Italy and will be extended to all of its facilities worldwide.
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News briefs
Shopko Optical reopening throughout May
The U.S. optical retailer and eyecare provider Shopko Optical will be reopening its 80 plus locations throughout the month of May. The chain had decided to temporarily close its centers from mid-March because of the Covid-19 pandemic. In the wake of the pandemic, and the changes it has ...
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Article
Blackfin expects it will take one year for the market to stabilize
The high-end Italian brand Blackfin expects the market will take a year to recover from the blow of the Covid-19 pandemic. Despite, the ongoing talk that the crisis will favor the digitalization of the economy, the company prefers to continue relying on human contact to serve its clients.
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Article
Richemont enjoys strong demand in China but warns that Covid-19 impact may last
As China has become the bellwether on how fast an economy can recover from the Covid-19 crisis, Richemont pointed out that it is currently enjoying strong demand in the country. Nevertheless, it warned that the impact of the virus on the global economy may last a long time.
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Article
French customers’ purchasing intentions remain unchanged despite Covid-19
A large majority of French customers still have the same purchasing intentions and related budget for eyeglasses and sunglasses, in spite of the coronavirus crisis. This is the main result of an opinion poll conducted last week by OpinionWay, commissioned by GIFO, the French optical industry association.
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News briefs
New York City lockdown extended to June 13
Andrew Cuomo , governor of the state of New York, has extended to June 13 the lockdown of most of the state, including the city of New York, where more than 20,000 residents have died due to the Covid-19 pandemic. The lockdown was due to expire today. Only five ...
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News briefs
Americans are adjusting to the Covid-19 crisis
Interesting new trends have emerged in The Vision Council’s newly released April COVID-19 Optical Impact Consumer Study. In the words of the council’s chief executive, Ashley Mills, the team behind the survey has identified “subtle shifts in consumer sentiment toward eyecare and vision correction.” Over the course of April, the ...
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News briefs
MPG offers personal protective equipment
Michael Pachleitner Group (MPG), the diversified Austrian-based optical group based in Graz, is offering personal protective equipment to companies and organizations worldwide. Under the MPG Healthcare brand, it is proposing various types of masks, from ordinary mouth and nose protection masks to KN95 and FFP3-certified models, as well as ...
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Article
Safilo’s CEO expects Covid-19 to change the way to do business
Angelo Trocchia , the chief executive of Safilo , believes that the Covid-19 pandemic, and subsequent lockdowns worldwide, will spur the digitalization of the company and force it to rethink its business model. The most significant impact could be on the working relationship with wholesale clients.
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News briefs
ClearVision issues e-book on business reopening
ClearVision Optical of Hauppauge, New York, has released a digital guidebook providing eyecare professionals with information on how to successfully reopen their businesses after the Covid-19 lockdown. The e-book is available on the company’s website, in the well-documented Covid-19 resource center, and is composed of four sections: Plan, Prepare, ...
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News briefs
Shamir France donates protective eyewear to health agencies
Shamir ’s French unit gave 1,600 pairs of safety eyewear to regional health agencies located in the Paris region and in the east of France. The donated items are three models with an anti-fog treatment from the Eyres collection. They are going to the staff of nursing homes and ...
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