All Corporate articles – Page 48
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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 ...
