All Corporate articles – Page 37
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Luxottica inaugurated a new showroom in Beijing on July 18....
Luxottica inaugurated a new showroom in Beijing on July 18. Later this month, it will host a gala event in Shanghai, starring a Chinese actress and dancer, Liu Shishi, for the launch of a line of Vogue glasses specifically designed for Asian fitting requirements. Quoting Andrea Guerra, the group's chief ...
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Alain Afflelou, the well-known French optician who lends his name...
Alain Afflelou, the well-known French optician who lends his name to one of the largest networks of franchised optical stores, has reportedly put up for sale his sprawling 830-square-meter mansion in Paris for €48 million. He is currently residing in London to avoid the high taxation imposed by the French ...
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Ocuco has confirmed the previously announced opening of its office...
Ocuco has confirmed the previously announced opening of its office for the Chinese market in Shanghai, headed by Marc Dolan. It's located in the prestigious Nanjing West Road area. The Irish provider of software solutions says it has already secured contracts worth more than €300,000 in China over the last ...
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Transitions Optical has announced that it will significantly reduce production...
Transitions Optical has announced that it will significantly reduce production volumes at its manufacturing plant in Tuam, Ireland. Around 60 out of the 173 jobs at the facility may be eliminated, although the exact number cannot be confirmed until a formal consultation period has been completed.
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Pro Fit Optix Holding Company, doing business as PFO Global...
Pro Fit Optix Holding Company, doing business as PFO Global Group, has announced the completion of a previously reported royalty-based cash injection of $500,000 from Greenville Strategy Royalty Corp.
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Maui Jim is reportedly considering setting up a prescription laboratory...
Maui Jim is reportedly considering setting up a prescription laboratory for RX sunglasses in Europe for European customers, like Oakley's facility in Ireland, if the capacity of its lab in Peoria reaches its limit
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Safilo has scheduled an extraordinary meeting of its shareholders on...
Safilo has scheduled an extraordinary meeting of its shareholders on July 10 to vote on a proposal to convert bonds worth €150 million into ordinary shares through the issue of new shares. The bond was going to mature in 2019. Meanwhile, Moody's has upgraded the Safilo Group's credit rating from ...
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Luxottica will rent a building of 11,325 square meters in...
Luxottica will rent a building of 11,325 square meters in Via San Nicolao, near Milan's Cadorna railway station, for its new headquarters from a big real estate group, Beni Stabili, which is indirectly controlled by Leonardo Del Vecchio, Luxottica's founder, main shareholder and chairman. The lease starts on Aug. 1 ...
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Valeant Pharmaceutical International and Bill Ackerman, the activist investor who...
Valeant Pharmaceutical International and Bill Ackerman, the activist investor who runs Pershing Capital Management, are putting additional pressure on Allergan's shareholders and its board of directors to approve their takeover proposals. Valeant has increased its offer to buy Allergan twice. One week ago, it was prepared to pay a total ...
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Andrea Guerra, chief executive of Luxottica, sold in the last...
Andrea Guerra, chief executive of Luxottica, sold in the last few days 1.25 million shares in the Italian group at €41.50 each for €51.8 million. The transaction gave him a net gain of nearly €35 million as he had gotten the shares as an option at a price of €13.45 ...
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The Hilsinger Company, which is better known as Hilco, has...
The Hilsinger Company, which is better known as Hilco, has gone through a fourth change of ownership through a recapitalization conducted by Blue Point Capital Partners, a private equity firm based in Charlotte, Cleveland, according to VMail. The American company supplies opticians and consumers with more than 20,000 different products ...
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Coburn Ikuvu, a new joint venture between Coburn Technologies and...
Coburn Ikuvu, a new joint venture between Coburn Technologies and Ikuvu Optical Equipment, is opening an office in Danyang, China. This new office will store spare parts and aftermarket consumable items for local customers. It will also serve as a central hub for the company's service operations in China. The ...
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Zeiss Vision Care invested more than €10 million in the...
Zeiss Vision Care invested more than €10 million in the modernization and improvement in efficiency of its site in Aalen during 2014-15. With this investment, Zeiss Vision Care aims to prepare the company's research and development, customer service, and lens production departments in Germany for the future. In the framework ...
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Alcon has inaugurated a new manufacturing plant in Singapore to...
Alcon has inaugurated a new manufacturing plant in Singapore to produce ophthalmic pharmaceutical products. Construction on this 330,000-square-foot facility, located in the Tuas Biomedical Park, began in 2009, and represents an investment of around S$200 million (€114.85m-$159.27m). The location was strategically chosen to be closer and able to respond quickly ...
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Luxottica's board of directors has approved the attribution of up...
Luxottica's board of directors has approved the attribution of up to 1,205,280 shares to 614 beneficiaries this year as part of the group's “Performance Shares Plan 2013-2017.” The total cost of the scheme for the company is estimated at €49.5 million. Luxottica's chief executive, Andrea Guerra, received 42,000 shares with ...
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Neil Barrett, a British fashion designer who launched his own...
Neil Barrett, a British fashion designer who launched his own label after years of experience with Prada and Gucci, is launching a first collection of unisex sunglasses, to be sold from next September alongside his fashion collections in some of the 300 stores that carry his brand worldwide. They are ...
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Carl Zeiss Vision is said to be changing hands again....
Carl Zeiss Vision is said to be changing hands again. We have heard that its parent company, the Carl Zeiss group, has signed a letter of intent with a Japanese chemicals company, but we have been unable to get the rumor confirmed or denied by the time of closing this ...
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Alan Wells, founder of Sauflon and a member of the...
Alan Wells, founder of Sauflon and a member of the family that owns the innovative U.K.-based contact lens company, categorically denies a rumor that it discussing or negotiating its sale to Essilor International. It would have been Essilor's first big move into the contact lens sector.
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All the Ciba Vision products will gradually change their name...
All the Ciba Vision products will gradually change their name to Alcon in the packaging through January 2015. The process started in January of this year with the Dailies AquaComfort Plus line.
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Max Pittion, a French sunglass brand that went out of...
Max Pittion, a French sunglass brand that went out of business in the 70s, is being revived by John Mayer, the American Grammy-winning musician also known for his relationship with British singer Katy Perry. Mayer, who has acquired the manufacturing license for the brand, is teaming up with Tommy Ogara ...
