All Eschenbach articles
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Article
The U.K. and North America drove INSPECS in H1
The Inspecs Group has reported a significant improvement in profitability for the first half year of 2023, mostly thanks to the substantial reduction of its lens unit’s losses, while group revenue progressed at a low mid-single digit pace in constant currencies. As previously announced, the company has changed its reporting ...
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News briefs
Change of CEO at Eschenbach Optik
Dr. Jörg Zobel, CEO of Eshenbach Optik, an entity of the Inspecs Group since 2020, will be stepping down from his position at the end of August this year to pursue his career in the tourism sector. Zobel was at the helm of the German eyewear company since 2016. He ...
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Article
Ten eyewear frames receive a Red Dot design award this year
Red Dot, the German-based company organizing every year since the early 90’s the eponymous international design competition, announced last month the winners of its Red Dot Design Awards for 2023. We take a look below at the ten eyewear frames that were rewarded this year. You will find one picture ...
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Article
Inspecs lifts HY profits but sees tough trading in Europe
UK-based eyewear group Inspecs increased half-year profit despite currency headwinds, but warned that the war in Ukraine and cost-of-living crisis were hitting trade in its European markets. The firm posted a 15.8 percent increase in revenues to $145.5 million on a constant currency basis, driven by the continuing integration of ...
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Article
Fast-growing Inspecs boosts manufacturing base
The Inspecs group has reported a four-fold increase in annual revenues to $246.5 million for 2021 from $47.4 million in 2020, as the topline was boosted by its multiple acquisitions in the last year and a half. In particular, the business of Eschenbach, which was taken over in December 2020, ...
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Article
Eschenbach launches online Academy to grow low vision segment
Eschenback Optik, a market leader in the low vision segment, is about to launch the Eschenbach Academy, a multilingual online training and information platform for eye care professionals (ECPs), but also for end consumers. In the words of Matthias Anke, managing director of the Optics division at Eschenbach, the move ...
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Article
Inspecs sees FY results in line as acquisitions boost revenue
UK-based Inspecs Group said it expects annual results to be in line with forecasts, as sales rose despite Covid-19 restrictions. The company anticipates revenue of $241 million compared with $47.4 million a year earlier, with its Eschenbach acquisition delivering a positive performance. It added that current trading in its European ...
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News briefs
Inspecs maintains full-year outlook but cautious on supply chain issues
UK eyewear maker and distributor Inspecs Group maintained its full-year outlook as the positive start to the half year continued into the third quarter. However, it remained cautious over global supply-chain issues currently hampering the global economy. Bath-based Inspecs said revenue in the nine months to September 30 came in ...
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Article
Inspecs eyes new buys as H1 profits, revenue surge
British eyewear designer and lens manufacturer Inspecs is on the hunt for new acquisitions after a surge in interim revenue and core earnings driven by the first full contribution from its German Eschenbach division. Revenues soared to $125.7 million for the six months to June 30, up from $16.7m a ...
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Article
Inspecs reports 5 % hike in Q1 revenues
Eyewear designer Inspecs reported a rise in like-for-like first quarter revenues despite the Covid-19 pandemic’s impact on operations. The frame maker and distributor posted revenues of $67 million for the three months to March 31, up 5 percent on a comparable basis year on year, according to a company ...
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News briefs
Red Dot 2021 winners announced
Eschenbach , the German eyewear manufacturer, won a total of four Red Dot 2021 design awards for frames under its BRENDEL Eyewear , TITANFLEX and the licensed MINI EYEWEAR brands, with the latter receiving two distinctions. MODO , the Italian eyewear company, was also among the Red ...
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News briefs
Eschenbach makes a new donation to Vision for the World
For every sale of a frame produced by its brand Brendel Eyewear , Eschenbach Optik is donating a frame to the non-profit organization Vision for the World . The initiative began with the first pandemic lockdown and is set to run through the summer, for a total donation of ...
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Article
Inspecs buys Eschenbach for €95 million
Inspecs is buying the German company Eschenbach Holding for €94.85 million (£84.7m), a move that will enable the British eyewear company to obtain greater scale and provide it with the opportunity to acquire bigger global licenses. Inspecs will also be able to utilize its manufacturing expertise in ...
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Article
Eschenbach in full swing on home turf
Eschenbach has been growing constantly in Germany, becoming the market leader in prescription eyewear. It has also enjoyed strong growth in Europe and the U.S..