All Corporate articles – Page 41
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Scott Olivet, chairman and former chief executive of Oakley, is...
Scott Olivet, chairman and former chief executive of Oakley, is said to be in line to run a new company that would take over Von Zipper, Element, Dakine, Kustom and other brands and retail chains of the Billabong International group. The deal is part of a takeover proposal filed by ...
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Johnson & Johnson has plans to invest more than €100...
Johnson & Johnson has plans to invest more than €100 million in the expansion of its Vistakon Ireland manufacturing operations in Limerick, creating 100 permanent production jobs in the process. The announcement was made by IDA Ireland, the national investment promotion agency, and was later confirmed by Richard Burton, the ...
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Essilor has acquired 68.3 percent of the capital of Interactif...
Essilor has acquired 68.3 percent of the capital of Interactif Visuel Système, a French company that provides technological sales support solutions for opticians. Its range of sales support and ophthalmic measurement solutions are marketed under the brand name Activisu. One of these is Visioffice, a measuring column designed jointly with ...
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Two investors have bought Albin Paget, an eyewear manufacturing group founded...
Two investors have bought Albin Paget, an eyewear manufacturing group founded in 1886 in the Jura region of France, and plan to expand the business. Thibaut Mortier and Jean-Michel Werling bought the group with the support of Réseau Entreprendre, a non-profit association that provides financial aid for interesting projects. They have the ...
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Essilor has bought X-Cel Optical, an ophthalmic lens maker based...
Essilor has bought X-Cel Optical, an ophthalmic lens maker based in Minnesota, for an undisclosed price. VMail reports that Joe Doescher, X-Cel's chief executive and president, and Wayne Gottwalt, the chief financial officer, will keep a 20 percent stake in the company. It had been privately held by Doescher's family ...
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Christian Dehn is leaving the laboratory of Schulz Optische Fabrik in...
Christian Dehn is leaving the laboratory of Schulz Optische Fabrik in Glücksburg, Germany. After three years of restructuring the company, Dehn will be assuming a new post in the management of a company outside the optical industry. The Michael Pachleitner Group (MPG), which owns the German laboratory, has seized the opportunity to ...
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Pearle Vision plans to expand in the U.S. this year,...
Pearle Vision plans to expand in the U.S. this year, while converting some stores from corporate owned shops to franchises. VMail reports that Pearle, a Luxottica Retail company, is looking at converting 34 of its stores out of its 622 locations in the U.S., 266 of which are company-run. Among ...
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Short stops
Wal-Mart is dissolving its relationship with 1-800 Contacts for the...
Wal-Mart is dissolving its relationship with 1-800 Contacts for the sale of contact lenses as of Dec. 31, 2012
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News briefs
Optimax, a U.K.-based laser surgery provider, has acquired a rival...
Optimax, a U.K.-based laser surgery provider, has acquired a rival firm, Ultralase, for an undisclosed sum after months of negotiations between the companies. The two are now trading together as the Ultralase Optimax Group. The sale was confirmed on Ultralase's Twitter feed on Dec. 4. Reportedly, Russell Ambrose, Optimax' chairman and ...
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Alcon, the branch of Novartis that has included Ciba Vision...
Alcon, the branch of Novartis that has included Ciba Vision since May 2012, has taken over the ophthalmological branch of SensoMotoric Instruments (SMI), based in Berlin. The acquisition offers Alcon access to assistance technologies for eye surgery, such as the positioning of the IOL and real-time eye tracking solutions. The ...
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News briefs
Face à Face recently awarded the winners of its photo...
Face à Face recently awarded the winners of its photo contest on Instagram, an online photo-sharing and social networking service. The theme of the contest was architecture, true to the founding spirit of the French designer brand, whose collections of eyewear and jewelry are conceived along the themes of architecture, ...
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Maison Bonnet, the luxury eyewear company in France, was recently...
Maison Bonnet, the luxury eyewear company in France, was recently at the center of a controversy over the price of the glasses that it made for Audrey Pulvar, a popular journalist and the ex-girlfriend of Arnaud Montebourg, presently French minister of industrial recovery. Speaking with Agence France-Presse, Franck Bonnet said ...
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Bausch+Lomb has exercised an option to purchase all the outstanding...
Bausch+Lomb has exercised an option to purchase all the outstanding shares of Technolas Perfect Vision GmbH that it does not own yet. The deal is scheduled to be finalized at the end of January 2013. Based in Munich, Technolas Perfect Vision was established in 2009 through a joint venture between ...
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Coastal Contacts has withdrawn a tentative offering of new shares,...
Coastal Contacts has withdrawn a tentative offering of new shares, concluding that current market conditions would not permit it to raise additional funds on acceptable terms. The international online retailer of contact lenses and eyeglasses, which is based in Canada, had previously indicated that it wanted to raise about US$40 ...
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News briefs
Tom Davies has invested €60,000 in the renovation of its...
Tom Davies has invested €60,000 in the renovation of its factory in Shenzhen, which lead to an increase in production capacity by 30 percent. A new IT system allows the company to produce much faster with the same number of staff. Opticians have the choice to use the new ...
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News briefs
As of Oct. 16, the U.S. company Ophthnoix ceased its...
As of Oct. 16, the U.S. company Ophthnoix ceased its operations. The economic situation put the company in the position of not being able to find the capital needed to continue its operations. The company shipped back all customer frames last week at no charge. Accounts will need to restart ...
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Luxottica is allowing retiring employees to join its company pension...
Luxottica is allowing retiring employees to join its company pension fund, set up in 1996, the year of the major reform of Italy's national insurance system. The fund provides employees with a pension that combines the minimum state pension with their company pension depending on the number of years of ...
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News briefs
Happyview, a pure French e-tailer of spectacles, has announced the...
Happyview, a pure French e-tailer of spectacles, has announced the takeover of a pure French e-tailer of contact lenses, Malentille.com, which has been in the market since 2006, offering discounts of up to 60 percent on its products. It will keep the company's name.
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News briefs
The biggest German online retailer, Mister Spex, is expanding its...
The biggest German online retailer, Mister Spex, is expanding its logistics center in Berlin by an additional 1,250 square meters in tune with the envisaged growth in terms of capacities and turnover. The company plans to increase the number of its operative staff in logistics, customer service and repairs by ...
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Short stops
Essilor is closing down its Irish plant in Limerick, consolidating...
Essilor is closing down its Irish plant in Limerick, consolidating operations at Athlone, according to the Optician magazine
