All Corporate articles – Page 32
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News briefs
Insight will change hands after the April issue. In the...
Insight will change hands after the April issue. In the wake of the retirement of its long-standing publisher and editor, Neil Forbes, the Australian ophthalmic news source will become part of Gunnamatta Media, a Melbourne-based specialist business-to-business publishing house. Gunnamatta, headed by Coleby Nicholson, owns magazines such as Jeweller and ...
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News briefs
Pfizer and Allergan said they have put to an end...
Pfizer and Allergan said they have put to an end to their merger negotiations by mutual agreement. The decision came after the U.S. Treasury and the Internal Revenues Service (IRS) issued a proposal to introduce new rules that would limit the ability of U.S.-based companies to move their headquarters overseas ...
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News briefs
Optical Center, the fifth-largest group of independent opticians in France,...
Optical Center, the fifth-largest group of independent opticians in France, is diversifying into refractive surgery, opening the first clinic in Lyon with an investment of around €1 million. Optical Center federates 445 optical stores, which had retail revenues of €484 million, more than 10 percent of that from the sale ...
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News briefs
Henry Jullien, a high-end French designer eyewear company from the...
Henry Jullien, a high-end French designer eyewear company from the Jura region that started up in 1921, has gone into receivership. Its chief executive, Pierre Faveau, told Acuité that the company's sales had risen by 15 percent last year, but the situation deteriorated in the first three months of the ...
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News briefs
Luxottica will soon start working on the expansion of its...
Luxottica will soon start working on the expansion of its factory in Sedico, near Belluno. According to reports in Corriere del Veneto, municipatl authorities have approved the project, which extends on a surface of around 50,000 square meters. The company had previously received the other necessary authorizations from the public ...
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News briefs
Alcon, a division of Novartis, has entered into an agreement...
Alcon, a division of Novartis, has entered into an agreement to acquire Transcend Medical, a California-based company specializing in minimally-invasive surgical devices to treat glaucoma. The financial terms of the transaction were not disclosed. Transcend Medical has recently developed a micro-stent to treat mild to moderate glaucoma. The device, which ...
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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
