All Germany articles
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News briefs
CECOP expands German footprint
CECOP, the Spanish-based buying group, is expanding its presence in Germany with the acquisition of Macoma, a German buying group boasting over 200 members and headquartered in Bavaria. It is the third acquisition of a German buying group by CECOP in recent years following investments in Optic Society (2022) and ...
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Article
German eyewear industry sales inched up in 2023 as exports slowed down
German eyewear industry association Spectaris has released preliminary data for the sales of its members on both the domestic and export markets at the recent opti trade fair in Munich, based on figures for the January to September 2023 period. As reflected in the table below, the total industry revenue ...
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Report puts fresh numbers on German optical retail long-term trends
Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists, has released the four-year update of its BranchenStrukturerhebung report, an analysis of the German optical retail sector’s structure put together with research company GFK. It provides a number of market indicators for the year 2022 and, for ...
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Mister Spex posts mixed Q3 results
Mister Spex has reported a significant drop in revenue growth pace for the third quarter of its fiscal year as continued depressed consumer sentiment and unfavorable weather conditions negatively impacted its business. The company however stressed that it was continuing to outperform the market and to deliver on its ...
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News briefs
Spectaris has a new chairman
SPECTARIS, the German industry association for optics and other related sectors, has announced the election of Dr. Bernhard Ohnesorge as its new chairman. Ohnesorge, who is the managing director of Carl Zeiss Jena GmbH was elected with over 90 percent of the votes at the last general meeting of the ...
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News briefs
Mixed signals from the German optical market for the half year
The German optical market grew by 3.7 percent in volume at retail in the fist six months of 2023 versus the previous year, according to data provided by the ZVA, the country’s national association of opticians and optometrists. Adding the effect of price increases, optical retail sales increased by 7.6 ...
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News briefs
Spectaris wins digital communication award for contact lenses’ program
Spectaris, the German industry association for optics and other related sectors, has received a mediaV-Award 2023 from trade magazine Verbändereport in the category ”Best image campaign” for its digital and marketing campaign to promote contact lenses in the country. Launched in 2019, the initiative has been increasing the visibility of ...
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News briefs
MPG’s retailer Optik Hallmann sales up 30 percent in 2022
MPG has announced that its Optik Hallmann retail chain, which operates over 100 optical shops and 50 acoustic studios across Germany and Denmark, increased its revenue by 30 percent last year versus 2021. The company did not communicate the actual sales figure but said it sold more than 160,000 frames ...
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Article
German market inched up in 2022 despite lower eyeglass purchases
The Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists, has released its annual report on the German market for last year. The release was accompanied by a general sense of relief as, after it was feared that the market would fall into recession in the ...
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News briefs
ZVA releases preliminary German market figures, announces new president
According to preliminary figures announced by the Zentralverband der Augenoptiker und Optometristen (ZVA) at his annual meeting last week, the German optical market value inched up by 2 percent year-on-year in 2022, with brick-and-mortar outperforming, notably in the area of prescription lenses, while online sales were said to have dropped ...
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News briefs
Spectaris launches forum to help members comply with EU regulations
The German industry association Spectaris is expanding its services for the ophthalmic optics industry with the new information forum “Regulatory Forum for the Ophthalmic Optics Industry” (RFAO), which is intended to assist in complying with increasingly complex statutory and legal requirements of the European Union. The RFAO is expected to ...
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GFK sees French market up 5% in 2022
GFK delivered a mixed picture for the European market during its presentation at the annual conference of the Club Inter-Optiques, a French-based industry association, last Friday. The research company’s data is based on sell-out figures collected at a panel of optical shops in the different countries. As shown in the ...
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News briefs
CECOP reaches 1,000 members in Germany with new acquisition
CECOP, the Spanish-based group, has announced the acquisition of EGS-Optik, one of the largest German buying groups. Based in Bavaria and founded in 2003, EGS-Optik boasts approximately 500 members, making it the sixth largest buying group in the country according to the annual ranking of the German association of opticians ...
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News briefs
Wagner + Kühner files for insolvency
German-based eyewear supplier Wagner + Kühner filed for insolvency proceedings on Jan. 31. A slowdown in opticians’ orders, added to the company’s high level of debts reportedly triggered the insolvency filing. Jens Lieser, the appointed administrator, said that the business and deliveries were continuing as usual during the proceedings. Wagner ...
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German optical associations release new market data at opti
Ahead of the opening of the opti trade show in Munich today, industry association Spectaris announced that, based on its preliminary calculations, sales from German-based suppliers of ophthalmic optics and consumer optics reached a total of €4.87 million for 2022, up by 2.5 percent from 2021. The growth was entirely ...
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Article
Downsized opti to focus on myopia management and sustainability
Opti organizers have had to reduce the exhibition space of their next edition of the show, scheduled to take place from next January 13 to 15 in Munich, after being faced with a wave of cancelations from several large eyewear industry players and usual exhibitors. Initially planned on four halls ...
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German industry association calls for urgent measures to protect SMEs
In a direct address to its national government, German industry association Spectaris is calling for the rapid implementation of a multi-point program to secure the future of healthcare industries in Germany, particularly for small and medium enterprises (SMEs) that are most exposed to the current economic crisis. First and foremost, ...
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Q3 sales and profits’ decline in Germany weigh on Fielmann results
One week after the announcement of mixed preliminary results for the third quarter and the first nine months of 2022, the Fielmann group has just released more details, in particular for the geographic breakdown of its sales and income. In this article, we only focus on newly published data. As ...
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Apollo Optik celebrates 50 years
On the occasion of its 50th anniversary, Germany’s Apollo Optik (which, together with its parent company GrandVision, has been part of the EssilorLuxottica Group since 2021) has published some figures from various business areas. On average, each Apollo store carries more than 1,700 products (eyewear as well as lens care ...
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ZVA confirms German market rebound, but lack of opticians endures
The Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists, has released its annual report on the German market for 2021. The results are based on data collected from its members but also from other market players, associations and research companies. The report shows that ...