All Corporate articles – Page 42
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News briefs
Charmant shut down its Spanish subsidiary at the end of...
Charmant shut down its Spanish subsidiary at the end of last year because of its insufficient turnover, and it is looking for a distributor there before taking on new orders. Meanwhile, Rolf Sieglen, who has been working for Charmant Europe in Germany since 1996, has been promoted sales manager for ...
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There was a lot of unconfirmed speculation at the Vision...
There was a lot of unconfirmed speculation at the Vision Expo show in New York last month about some of Essilor's next moves. Executives of Shamir declined to comment on a rumor that Essilor would integrate the sales functions of some of its national subsidiaries in various European countries into ...
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Alcon is investing $250 million to develop a modern factory...
Alcon is investing $250 million to develop a modern factory on the Ciba Vision Campus in Johns Creek, near Atlanta, Georgia. In the framework of this expansion, Alcon aims to create about 300 new jobs. Alcon currently employs more than 1,500 people on the campus, where the company conducts research, ...
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News briefs
Evonik Industries will increase the prices for all molding compounds...
Evonik Industries will increase the prices for all molding compounds sold under the Plexiglas and Pleximid trademarks due to the continued escalation in the cost of raw materials. The increase will amount to €0.14 per kilogram. The German group, which is active in over 100 countries, is a global manufacturer ...
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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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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News briefs
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 ...
