All E-Commerce & DTC articles – Page 6
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Article
Safilo’s CEO expects Covid-19 to change the way to do business
Angelo Trocchia , the chief executive of Safilo , believes that the Covid-19 pandemic, and subsequent lockdowns worldwide, will spur the digitalization of the company and force it to rethink its business model. The most significant impact could be on the working relationship with wholesale clients.
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Article
Hoya Q4 eyeglass lens sales down 10%, contact lenses more resilient
Like many others, the Covid-19 outbreak has hit Hoya Corporation in its quarterly results. The Japanese group is, however, upbeat on the prospect of recouping from pent-up demand in the eyeglass segment based on signals from China and South Korea, where the pandemic is vaning.
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News briefs
Viu opens common store with Copenhagen Studios in Düsseldorf
On April 24, in partnership with Copenhagen Studios , Viu Eyewear opened its first shared physical stand-alone shop in Düsseldorf, Germany. The 100-square-foor store, which is located on Carlsplatz, offers sneakers and boots from the Copenhagen Studios brand in addition to Viu’s eyewear. The fast-growing Swiss ...
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ArticleSafilo sees coming weeks as critical to save sunglass season
The coming couple of weeks will be crucial to understanding if the sun season can be saved. If lockdowns are lifted in Europe and the recovery picks up in the U.S. the task can be achieved, according to Safilo .
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ArticleItalian eyewear industry reopens amid hopes that demand will pick up
Despite having had the right to operate stores during the industry lockdown that is now being lifted in Italy, as eyeglasses were considered an essential medical device, the Italian eyewear industry has remained largely closed for lack of demand.
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ArticleGrandVision’s April sales down over 80% due to Covid-19
GrandVision suffered a drop of more than 80 percent year-on-year in revenues in the month of April, after already registering a severe decline in March, due to the lockdowns and restrictions caused by the Covid-19 pandemic. Because of social distancing, moreover, the optical retailer does not expect a rapid ...
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ArticleEssilorLuxottica’s Q1 sales drop by 10%
EssilorLuxottica ’s first-quarter revenues were down by 10.1 percent from the year-ago quarter to €3,784 million, or by 10.9 percent in constant currencies, due to the impact of the Covid-19 pandemic. But, the company is confident that pent-up demand will underpin sales when the crisis is over. Thanks to its ...
