All Italy articles – Page 2

Article

EssilorLuxottica divests shops in Italy, invests in Sweden

2021-12-20T08:34:00Z

EssilorLuxottica and its retail subsidiary GrandVision announced on Dec. 17 that they have found an agreement for Vision Group to acquire their VistaSi chain in Italy, including the brand and 99 stores, as well as 75 GrandVision stores in the country. The financial terms of the transaction were not disclosed. ...

Article

Italian exports recover faster than expected

2021-10-05T00:50:00Z

ANFAO has brightened its forecast for the Italy’s eyewear industry, as figures for the first half of 2021 are hinting at a brisker-than-expected recovery. As we reported at the time, the association’s president, Giovanni Vitaloni, presented a darker picture at the MIDO trade show back in May, when the pandemic ...

News briefs

Luxottica acquires a training institute in Tuscany

2021-07-20T06:01:00Z

Luxottica has announced the acquisition of the Italian Institute of Research and Studies in Optometrics ( IRSOO ), a historical school of optics and optometry located in the town of Vinci, near Florence. The institute has been purchased from the Empolese Valdelsa Development Agency by the Italian ...

Article

Italian exports down 26% in 2020

2021-05-21T01:51:00Z

The Covid-19 pandemic put the Italian eyewear industry back seven years, as 2020 production and exports’ values dropped back to 2013 levels, according to data presented yesterday by Giovanni Vitaloni, president of ANFAO, the Italian industry association, and the MIDO trade show. Commenting on the current situation, ...

News briefs

​Italy to reopen trade shows as soon as June 15

2021-04-26T05:04:00Z

On April 21, the Italian cabinet approved to reopen trade shows from June 15 and conventions and congresses from July 1, after having been suspended due to the Covid-19 pandemic. The reopening of trade fairs could occur sooner than previously announced. Initially, the Industry Minister Giancarlo Giorgetti had indicated ...

Article

Vision Group interested in Essilux and GV Italian stores

2021-04-06T12:05:00Z

Vision Group , one of the leading Italian retail players, said that it was interested in studying the takeover of the 174 Italian stores to be divested if EssilorLuxottica and GrandVision eventually agree on the planned takeover. The divestment, which is a prerequisite for the European Commission to ...

News briefs

Italy approves a €50 voucher for the purchase of eyeglasses, contact lenses

2021-01-11T10:22:00Z

The Italian parliament approved on Dec. 30 the 2021 budget that includes a €50 voucher for the purchase of prescription eyewear and contact lenses for low-income people. The decree implementing the voucher still has to be issued by the health ministry, in coordination with the finance ministry. The voucher ...

Article

Italy considering a €50 voucher to buy eyeglasses, contact lenses

2020-06-17T06:57:00Z

The Italian government is expected to examine a proposal put forward by the non-profit organization Commissione Difesa Vista (CDV) to distribute by the end of the year to Italian taxpayers a €50 voucher to buy eyeglasses or contact lenses. CDV promotes vision and eye health and was founded ...

Article

Italy’s eyewear exports rise by 7.4%

2019-11-04T00:00:00Z

Italy s eyewear exports rose by 7.4 percent in value during the first half of 2019, with sales of prescription frames up by 10.3 percent and sunglasses up by 5.7 percent. They benefited in particular from the weakness of the euro against the dollar and new commercial initiatives by some ...