All Corporate articles – Page 26
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News briefs
Andy Wolf, the Austrian brand of designer eyewear, has announced...
Andy Wolf, the Austrian brand of designer eyewear, has announced the start of construction works for the extension of its headquarters in Hartberg. Scheduled to be completed in May 2018, the new building will have a total of 1,000 square meters, adding more space for offices, a showroom and a ...
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News briefs
Zeiss has announced plans to build a shared innovation hub...
Zeiss has announced plans to build a shared innovation hub at the Karlsruhe Institute of Technology in Karlsruhe, Germany. The €30 million facility, which will cover an area of around 12,000 square meters on the north campus of the Institute, will house high-tech and digital start-ups as well as Zeiss' ...
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News briefs
For the eighth consecutive year, Essilor International has been ranked...
For the eighth consecutive year, Essilor International has been ranked as one of the 100 most innovative companies in the world by Forbes magazine. The annual ranking shows the stock-listed companies that feature the best current and future innovation potential. Placed in the 68th position, Essilor is the only optical ...
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Tom Davies, the high-end British eyewear brand, is relocating part...
Tom Davies, the high-end British eyewear brand, is relocating part of its production to a brand-new factory in London. According to an article in The Financial Times, the company invested £600,000 (€680,000-$800,000) in the new facility, which is set to manufacture 30 percent of Tom Davies' production in the short ...
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News briefs
Giorgio Fedon, the leading producer of eyewear cases for the...
Giorgio Fedon, the leading producer of eyewear cases for the major eyewear companies, pulled out of the Paris Euronext stock exchange on Sept. 14. Fedon's shares can now be negotiated exclusively on the AIM Italia over-the-counter market of the Milan Bourse. Shareholders who decided not to tender their shares until ...
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News briefs
Safilo Group has relocated its North American headquarters to 300...
Safilo Group has relocated its North American headquarters to 300 Lighting Way in Secaucus, New Jersey, around eight kilometers from New York City. Safilo's North American headquarters were previously located in Parsippany, also in New Jersey but around 55 kilometers from New York City. The new headquarters occupy the second ...
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News briefs
Essilor International has acquired Team Effort Optical, a full-service independent...
Essilor International has acquired Team Effort Optical, a full-service independent optical laboratory with conventional and digital surfacing based in Oklahoma City. The financial terms of the transaction were not disclosed. Team Effort Optical was founded by Mike and Denise Munzuris in March 1984. Mike Munzuris, an industry veteran with 50 ...
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News briefs
Hoya Corporation has announced the completion of the acquisition of...
Hoya Corporation has announced the completion of the acquisition of Performance Optics, including its subsidiaries Vision Ease and Daemyung Optical, the second-largest lens manufacturer in South Korea. The company says the move will provide Hoya Vision Care with additional capabilities and offerings in polycarbonate, photochromic and polarized lens technologies, while ...
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News briefs
Henry Jullien, a high-end eyewear brand based at Lons-le-Saunier in...
Henry Jullien, a high-end eyewear brand based at Lons-le-Saunier in the Jura region of France, which went into receivership in April 2016, has been taken over by the L'Amy Group, the French eyewear company that develops and markets brands such as Kenzo, Sonia Rykiel Paris, Chevignon or Balmain, among many ...
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News briefs
Exercising an option, BasicNet has agreed to acquire the Briko...
Exercising an option, BasicNet has agreed to acquire the Briko brand of sports eyewear and apparel, which it has been licensing and distributing since March 2016. Depending on its performance, it will pay up to €4 million for the brand, starting with a lump sum of €1 million, to the ...
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News briefs
Renzo Rosso has acquired a minority stake in RetroSuperFuture, the...
Renzo Rosso has acquired a minority stake in RetroSuperFuture, the brand of contemporary eyewear based in Milan. The investment was made through Red Circle, an investment firm owned by Rosso and his family, of which he is also the president. The amount of the transaction is still undisclosed. As part ...
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Short stops
Brazilian anti-trust authorities have approved the acquisition by Luxottica of...
Brazilian anti-trust authorities have approved the acquisition by Luxottica of Óticas Carol, one of the major optical retail chains in the country, for the equivalent of about €110 million
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News briefs
Adlens has moved its headquarters from Oxford, U.K. to larger...
Adlens has moved its headquarters from Oxford, U.K. to larger offices in Chilbrook, Eynsham. The new 15,000-square-foot facility will use 50 employees. Adlens operates additional offices in Boston and Tokyo. The relocation allows Adlens to consolidate all its U.K operations into one location.
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News briefs
Hoya Vision Care Canada has announced a definitive agreement to...
Hoya Vision Care Canada has announced a definitive agreement to acquire Central Optical Company, an optical laboratory based in Winnipeg, Manitoba. Following the acquisition, Central Optical will be relocated to Hoya's facility, also in Winnipeg, which has recently been expanded. The president of Central Optical, Rob Soloway, will join the ...
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News briefs
Hans Anders could enter other markets in Europe, possibly through...
Hans Anders could enter other markets in Europe, possibly through acquisitions, according to its management, following its acquisition by 3i (see our latest issue). After expanding into Belgium and France, the low-cost Dutch optical retailer entered the Swedish market in 2013 by taking over Direkt Optik.
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Short stops
The PPG Group has announced the withdrawal of a revised...
The PPG Group has announced the withdrawal of a revised proposal to merge with Akzo Nobel, the big Dutch-based chemicals group, following the rejection of an offer by the latter's boards of directors and the opposition of local authorities
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News briefs
Eyewear from Barcelona opened a new showroom in the Barcelona...
Eyewear from Barcelona opened a new showroom in the Barcelona Moda Centro, presenting more than 170 different models from its Slastik Sun, Slastik Readers, Sport Optical and Kids eyewear collections. The brand is known for its special eyewear, where the frames stick together with magnets and flexible temples that hang ...
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News briefs
Luxexcel, a Belgian company that claims to be the only...
Luxexcel, a Belgian company that claims to be the only to have developed 3D printing systems for ophthalmic lenses, has received nearly $10 million in new equity financing from several investors including KLA Tencor Corporation, which will help bring its 3D printers to the market. The technology is said to ...
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News briefs
Maison Cartier, a subsidiary of the Richemont group, has completed...
Maison Cartier, a subsidiary of the Richemont group, has completed the acquisition of a 30 percent interest in Kering Eyewear, but we could not determine the terms of the investments. The Kering fashion group will keep majority control. The management of Kering Eyewear, led by Roberto Vedovotto, will have a ...
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News briefs
Specsavers has inaugurated a new manufacturing and distribution center in...
Specsavers has inaugurated a new manufacturing and distribution center in Kidderminster in Worcestershire. England, on the site of Stourpoint Five. The new facility employs 400 people, while 200 more jobs are expected to be created over the next five years. Construction on the site was completed in November last year ...
