All Corporate articles – Page 47
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News briefs
Giovanni Marcolin Coffen no longer controls Inmar, the family holding...
Giovanni Marcolin Coffen no longer controls Inmar, the family holding company that owns 25.04 percent of Marcolin. The change follows a reshuffle of voting rights among shareholders conducted on April 28. It was reported by Consob, the watchdog of the Italian stock exchange.
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News briefs
In response to growing demand for its luxury eyewear, TD...
In response to growing demand for its luxury eyewear, TD Tom Davis has increased the workforce by 22 percent at its workshop in Shenzen since last December. The British designer eyewear company, which won an award from Optician magazine at the recent Optrafair show in Birmingham, says it invited 12 ...
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News briefs
Emerging Vision has gone private, after merging with its majority...
Emerging Vision has gone private, after merging with its majority stockholder. The North American optical retail company is now a subsidiary of EMVI Holdings, the sole shareholder of EMVI Acquisition Corporation, which has a stake of just over 91 percent in Emerging Vision. The change saw Emerging Vision's major stockholders ...
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News briefs
Vision-Ease Lens has started up production again in Jakarta after...
Vision-Ease Lens has started up production again in Jakarta after a fire destroyed its plant there nearly a year and a half ago. Because of the fire, Vision-Ease suspended manufacturing of a number of products, but this has now resumed. The company has completely rebuilt the plant, using state-of-the-art manufacturing ...
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News briefs
Walgreens, the huge American drugstore chain, is buying Drugstore.com, parent...
Walgreens, the huge American drugstore chain, is buying Drugstore.com, parent company of VisionDirect.com and other online health and beauty sites. The price was said to be about $409 million. VisionDirect.com sells replacement contact lenses to large chains such as LensCrafters and PearleVision. The deal should close by the end of ...
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News briefs
Prescription Eyewear, the parent company of Glasses Direct, has bought...
Prescription Eyewear, the parent company of Glasses Direct, has bought Sunglasses Shop, described as the largest online retailer of designer sunglasses in Europe. Glasses Direct and Sunglasses Shop will continue to operate separately; combined, they are expected to sell 250,000 pairs of sunglasses a year with more than 8 million ...
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Short stops
The International Centre for Eye-Care Education has opened a Vision...
The International Centre for Eye-Care Education has opened a Vision Centre in a hospital of Ho Chi Minh City in Vietnam
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News briefs
Mitsui Chemicals has entered into a share purchase and transfer...
Mitsui Chemicals has entered into a share purchase and transfer agreement to acquire all shares of Acomon AG, a Swiss manufacturer and distributor of monomers for optical lenses. Through the deal, Acomon became a 100 percent owned subsidiary of Mitsui The share purchase and transfer was finalized on April 6. ...
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News briefs
To help keep pace with its growth, Safilens has opened...
To help keep pace with its growth, Safilens has opened a new logistics center in Venice with 1,800 meters of shelving to more easily manage increasing volumes of shipments – in five years, the company has gone from storing about 5,000 products to storing more than 28,000. The new center ...
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News briefs
The Singapore subsidiary of Menicon has opened up a new...
The Singapore subsidiary of Menicon has opened up a new 6,000-square-meter facility for manufacturing daily disposable contact lens. The $97 million factory also has space for R&D. Seventy-nine people work at the plant, which has quality control systems and state-of-the-art production technology.
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News briefs
Orange 21 raised $1.17 million in fresh capital by issuing...
Orange 21 raised $1.17 million in fresh capital by issuing 712,121 new shares bought by the U.S. private equity firm Harlingwood at $1.65 each. The transaction gives Harlingwood a 5.6 percent stake in the company. It can propose a board member for election at Orange 21's shareholder meeting. The designee ...
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News briefs
Alain Afflelou plans to launch its first 50 hearing aid...
Alain Afflelou plans to launch its first 50 hearing aid shops before the end of this year, called Alain Afflelou Acousticien. The French optical retail chain is following the example of other eyewear majors such as Krys and Optic 2000. Their main competitors on the growing, high-margin French hearing aids ...
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News briefs
Boots Opticians says it has appointed Essilor as its new...
Boots Opticians says it has appointed Essilor as its new supply chain partner, following a very thorough tendering process. Hoya Lens UK had this role over the past five years. Regretting Boot's decision, the Japanese company said it could not comment at the moment on its potential impact on the ...
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News briefs
Buchmann Optical Holdings has confirmed to Optician that it is...
Buchmann Optical Holdings has confirmed to Optician that it is closing down its wholly owned subsidiary in the U.K., and other companies will be distributing edging products previously handled by Buchmann. After Optrafair in April, for example, four former sales and service employees of Buchmann will move to BiB Ophthalmic ...
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Short stops
Luxury Eyewear, the eyewear manufacturing subsidiary of Cartier, which employs...
Luxury Eyewear, the eyewear manufacturing subsidiary of Cartier, which employs 180 workers, has been renamed Manufacture Cartier Lunettes to highlight its manufacturing know-how with gold and other metals
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News briefs
Fédéric Lafite has taken over the French eyewear company Fidela...
Fédéric Lafite has taken over the French eyewear company Fidela from the Lamy family, who founded the Morez-based company in 1796. Lafite replaces Dominique Lamy as chairman of the company. Fidela distributes the brands Airlight, Fidela, Alexandre and Imood and has 35 employees. Lafite has been involved in the distribution ...
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News briefs
Fielmann plans to increase the number of corporate stores with...
Fielmann plans to increase the number of corporate stores with a department for hearing aids. The company sells them already in 50 out of its 650 stores. According to a German newspaper, every third Fielmann store in Germany is going to expand its offer to hearing aids in the next ...
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News briefs
Chrome Hearts, the American luxury brand, has bought the assets...
Chrome Hearts, the American luxury brand, has bought the assets of Optical Shop International (OSI) through its new offshoot, Chrome Hearts Eyewear. The acquisition, which includes OSI's Blinde eyewear license, will allow Chrome Hearts to oversee all of its key product categories, ensuring consistency across jewelry, apparel, eyewear and other ...
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News briefs
VSP Global is simplifying things, announcing that its Eyefinity/OfficeMate operation...
VSP Global is simplifying things, announcing that its Eyefinity/OfficeMate operation will henceforth be known as just Eyefinity. The company said it would help more easily define the business software and internet-based product division. The OfficeMate software solution will keep its name, as will the various other products.
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News briefs
Five Towns Optical, a prescription laboratory based in Stoke-on-Trent, England,...
Five Towns Optical, a prescription laboratory based in Stoke-on-Trent, England, has ceased operations after going into voluntary liquidation and being handed over to the control of a British insolvency firm, Moore Stephens. The reasons given for the failure of the 61-year-old firm were a decline in sales and the new ...
