All Italy articles – Page 2
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ArticleItaly issues €50 contribution for purchase of eyeglasses, contact lenses
Italy is issuing a €50 voucher or reimbursement for the purchase of prescription eyewear and contact lenses for low-income people who request the contribution on a new digital platform. Individuals can ask for the “Bonus Vista” starting May 5, while eyewear sellers have been able to register stores participating in ...
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News briefs
A wind-powered Essilux
EssilorLuxottica has signed a 12-year Power Purchase Agreement (PPA) with ERG Power Generation in Italy. Taking effect this year, the contract covers the provision of about 900 GWh of electricity from renewable sources, or about 75 percent of production at ERG’s Partinico-Monreale plant, near Palermo. The plant is replacing all ...
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ArticleGFK 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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ArticleANFAO turns focus to costs after exports jumped in 2022
Just a few days ahead of the 2023 edition of MIDO, Italian eyewear industry association ANFAO released preliminary data for 2022 that broadly confirmed the contrasted picture given last December, between booming exports and a flattish domestic market. Production value of Italian eyewear increased by 24.0 percent year-on-year to €5,171 ...
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News briefs
Five Italian suppliers create new consortium
Five Italian suppliers of optical products and services have joined forces in a new consortium aimed at “promoting the sector and safeguarding opticians”. Called OTTIMI, for Ottica Made in Italy, the organization regroups Eurocrom 4 (press, graphics, packaging), Filab (ophthalmic lenses), Safilens (contact lens technology), TutorNET (software and tools for ...
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News briefs
ANFAO worried about eyewear SMEs with energy crisis
According to the Italian Eyewear Industry Association (ANFAO), the cost of energy – historically about 5 percent of an eyewear company’s expenditures – has risen to the point of becoming difficult to deal with. “This crisis is no longer limited to energy but has become global, and it has once ...
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News briefs
Nidek switching to direct medical distribution in Italy
NIDEK, the Japanese-based maker of ophtalmology and lens-edging equipment, has acquired 90 percent of the shares of NIDEK MEDICAL, its Italian distributor for the medical field, from Guido Battarra, the company’s managing director. The operation was made through NIDEK TECHNOLOGIES, the group’s Italian subsidiary dealing with research and development and ...
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ArticleFrench market up 1.4% vs 2019 despite headwinds
In an online conference for the members of the French-based industry association Club Inter-Optiques last week, GFK released some key indicators on the performance of the French optical market in 2021, also providing some comparison points with the German, Spanish and Italian markets. The research company’s data is based on ...
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ArticleEssilorLuxottica divests shops in Italy, invests in Sweden
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. ...
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ArticleItalian exports recover faster than expected
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 ...
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News briefs
Luxottica acquires a training institute in Tuscany
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 group after a public selection ...
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ArticleItalian exports down 26% in 2020
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, ...
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News briefs
Italy to reopen trade shows as soon as June 15
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 a ...
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Article
Vision Group interested in Essilux and GV Italian stores
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 authorize the transaction, ...
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News briefs
Italy approves a €50 voucher for the purchase of eyeglasses, contact lenses
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 is ...
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ArticleItaly considering a €50 voucher to buy eyeglasses, contact lenses
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 by trade ...
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Article
Italy’s eyewear exports rise by 7.4%
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 companies ...
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