All E-Commerce & DTC articles – Page 6
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ArticleVision Expo West cancelled due to Covid-19 uncertainty
The Vision Council and Reed Exhibitions, the organizers of Vision Expo, have decided to cancel Vision Expo West 2020, that was scheduled to be held in Las Vegas, Nevada, from Sept. 23 to 26 due to ongoing concern about the coronavirus pandemic. The decision comes after the governor of Nevada, ...
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News briefs
Julbo launches new B2B platform
Julbo Eyewear is launching a new B2B platform. As reported by sport-guide.com, the new platform enables faster deliveries with cheaper delivery charges. All Julbo and Solar products are available via the platform. The project has been developed internally, with the help of an external consultant, in about four months.
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For Eyes, Walgreens set up co-branded website
For Eyes, the U.S. business unit of the GrandVision group, has expanded its partnership with the American drug store chain Walgreens by launching a co-branded website called Walgreens.foreyes.com. In a message on his LinkedIn account, Jorge Gervasi, For Eyes’ managing director, said that the website was created in just eight ...
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News briefs
Online represented one-third of retail sales in the UK in May
In May, the proportion of overall retail sales in the U.K. bought online soared to the highest level on record at 33.4%, which compares with the 30.8% reported in April, according to the Office for National Statistics (ONS). In a survey carried out between May 18-31, the ONS says that ...
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ArticleRinascente launches its online store
Italian upmarket retailer Rinascente, one of the major department store chains in the country, made its e-commerce debut with a dedicated website. The online store features 15,000 products from 650 brands in all product categories, spanning fashion, accessories (including Italian and international footwear and eyewear brands), beauty, food and design. ...
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ArticleGrandVision sales in reopened stores drop by 13% early June
GrandVision is enjoying a recovery in sales as its stores reopen, but the company has noted that consumers are continuing with e-commerce purchases, especially for contact lenses.
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Article
Hapter may set up a direct-to-client channel in countries not covered by its network
Hapter, the high-end Italian manufacturer that retails it products at €400-500 a pair, is considering the possibility of setting up a direct-to-client sales channel in countries not covered by its network of agents and distributors.
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ArticleWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption, and WGSN has set out to predict what consumers will be looking for in the next couple of years.
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News briefs
Jimmy Choo, Versace return to last’s year sales levels in China
In April and May, Jimmy Choo and Versace returned to last year’s sales levels in Mainland China, as volumes gradually built up from the end of the coronavirus-related lockdown, while the Michael Kors brand was at 80 percent of last-year’s sales for the period. The three brands are owned by ...
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Article
Facebook wants to become a shopping platform
In response to the current corona crisis with the worldwide closure of many physical shops, Facebook has started to integrate a shopping function into its main social network, as it has already been doing on Instagram. Mark Zuckerberg, founder and chief executive of Facebook, said in a livestreamed video on ...
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News briefs
Revo partners with johnnie-O
Revo is launching a capsule collection of sunglasses with johnnie-O, the men’s lifestyle brand. The collection comprises four styles, called Pursuit, Venture, Aspire and Wingman. The Revo x johnnie-O capsule collection is sold exclusively on Revo.com and johnnie-O.com.
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Mister Spex opens second store in Munich
Mister Spex has recently opened its second store in Munich. The German eyewear retailer has currently 23 brick-and-mortar stores in Germany. The new store covers 80 square meters, stocks more than 680 styles of sunglasses and prescription frames, and offers vision tests and frame adjustments free of charge. Customers have ...
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Article
Richemont enjoys strong demand in China but warns that Covid-19 impact may last
As China has become the bellwether on how fast an economy can recover from the Covid-19 crisis, Richemont pointed out that it is currently enjoying strong demand in the country. Nevertheless, it warned that the impact of the virus on the global economy may last a long time.
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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 retail chain has decided to ...
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Article
Safilo 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 recovery ...
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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 financial ...
