All Corporate articles – Page 32
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Luxottica has fitted all its Ray-Ban Aviator Classic, Wayfarer and...
Luxottica has fitted all its Ray-Ban Aviator Classic, Wayfarer and Clubmaster models with microchips to fight against counterfeiting. The models represent combined sales of nearly 10 million units a year, with Aviator totaling about a quarter of that
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Volcom, which belongs to Kering's Sport & Lifestyle segment since...
Volcom, which belongs to Kering's Sport & Lifestyle segment since 2011, has sold Electric through a management buyout to a group led by the brand's chief executive, Eric Crane. The asset deal became effective on March 16. In reporting its 2015 results, Kering said that Electric's sales declined due to ...
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Luxottica's first fully-automated production line is on stream at its...
Luxottica's first fully-automated production line is on stream at its Italian plant in Rovereto, producing Ray-Ban Aviator models. The group aims to operate three automated lines and fully manufacture in-house the Aviator collection, which represents about 4 percent of its overall production.
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News briefs
AVM 1959, formerly Allison, has decided on a selective distribution...
AVM 1959, formerly Allison, has decided on a selective distribution system for one of its 13 licensed brands: Kiton. Sunglasses and prescription frames sporting the famous Neapolitan male fashion brand are already sold in a well-established network of retail shops, represented by the 49 single-brand clothing stores that Kiton has ...
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Luxottica North America has announced a series of leadership changes,...
Luxottica North America has announced a series of leadership changes, as reported by VMail. Mary Anne Stangby, the current senior vice president and general manager of Sears Optical, has been promoted to senior vice president and general manager of Sunglass Hut North America (SGH). She replaces John Haugh, who will ...
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Essilor International has announced it will submit the nomination of...
Essilor International has announced it will submit the nomination of two women as new independent directors – Henrietta H. Fore and Annette Messemer - to the Annual General Meeting (AGM) on May 11. Once approved by the shareholders' vote, Fore and Messemer will join Essilor's board of directors for three ...
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Optical Express has appointed Geraldine Meade as its new professional...
Optical Express has appointed Geraldine Meade as its new professional development director. Most recently, Meade was managing director of Black & Lizars, the Scottish eye care chain, where she has held a number of positions, including chief operating officer, overseeing the firm's 25 practices, before becoming managing director. In her ...
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Guillaume Joucla has been appointed as managing director of CooperVision...
Guillaume Joucla has been appointed as managing director of CooperVision France. A former manager of Ciba Vision and Alcon, he spent the last two years to develop a line of hearing aids, Widex.
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Gerald (Gerry) Bottero, who was president of Hoya Vision Care...
Gerald (Gerry) Bottero, who was president of Hoya Vision Care between April 2005 and September 2014, has been appointed by Hoya Corp. to the role of president of its Pentax Medical division, with global responsibilities. He had first joined Hoya in 1988. Bottero's former responsibilities at Hoya Vision Care were ...
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Hoya Lens Netherlands is closing down the production of ophtalmic...
Hoya Lens Netherlands is closing down the production of ophtalmic lenses at its laboratory in Uithoorn to focus on marketing, sales and improved services for Dutch opticians. The move is expected to affect 40 of the 75 workers at the facility, which will continue to sell stock lenses. Hoya started ...
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Lapo Elkann has strengthened his majority stake in Italia Independent....
Lapo Elkann has strengthened his majority stake in Italia Independent. On Nov. 26, 2015, the Italian entrepreneur had already increased his position to 50.36 percent of the capital. More recently, with another series of share acquisitions, he became the owner of 50.7 percent of the shares, after purchasing 1,200 shares ...
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Luxottica's founder and chairman, Leonardo Del Vecchio, has purchased 665,000...
Luxottica's founder and chairman, Leonardo Del Vecchio, has purchased 665,000 Luxottica shares through his Delfin holding company for around €38.7 million, reinforcing his majority stake in the eyewear giant by another 0.137 percent.
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News briefs
A Dutch court in Oost-Brabant pronounced on Dec. 17 the...
A Dutch court in Oost-Brabant pronounced on Dec. 17 the bankruptcy of Eurovisie World Wide, a manufacturer and distributor of eyeglasses, leading to the layoff of its ten employees. The reasons for the proceedings could not be learnt, but the liquidator in the case, J.A. van der Meer of Turnaround ...
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Halma has announced that it has acquired Visiometrics, a fast...
Halma has announced that it has acquired Visiometrics, a fast growing company based in Barcelona that designs, manufactures and markets ophthalmic diagnostic instruments. The deal was worth up to £91.2 million (€120.2m-$131.0m) and includes both the operations based outside Barcelona and Visual Performance Diagnostics, which is located in Aliso Viejo, ...
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American Vision, the new Indian store franchising operation that we...
American Vision, the new Indian store franchising operation that we have already reported on, says it plans to raise new equity in order to invest the equivalent of nearly $40 million over the next five years in the expansion of its business model across the country. Most of the budget ...
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Bühler Technology is expanding and upgrading its distribution center in...
Bühler Technology is expanding and upgrading its distribution center in Alzenau, Germany, where Bühler Leybold Optics is based. Bühler's die-casting, grinding and dispersion operations will move there from two other facilities in Germany and Switzerland. The new logistic hub will allow speedier shipment of spare parts throughout Europe.
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Short stops
Based in Louisville, Kentucky, since 1972, Kenmark plans to move...
Based in Louisville, Kentucky, since 1972, Kenmark plans to move with its 100-odd employees, who own the company, to a new office in the same city in early 2017
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News briefs
Nouveau Eyewear, a 30-year-old company based in Carrolton, Texas, has...
Nouveau Eyewear, a 30-year-old company based in Carrolton, Texas, has been acquired by Walman Optical, described as the largest independent ophthalmic company in the U.S., involved also in instruments, systems and contact lenses. Owned until now by SunTx Capital Partners, Nouveau produces premium prescription frames and sunglasses under various brands ...
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Short stops
GrandVision has completed the planned acquisition of For Eyes, the...
GrandVision has completed the planned acquisition of For Eyes, the first U.S. optical retail chain under its ownership

