Latest Headlines

  • JF Rey
    Article

    New owners for Maison JEAN-FRANÇOIS REY

    2021-09-16T09:08:00Z

    Jean-François Rey, founder and CEO of Maison JEAN-FRANÇOIS REY, has decided to hand over the control of his company as well as his executive responsibilities to a Franco-German trio of seasoned eyewear managers, Walter Pirinoli, Dan Levi and Ralf Kmoch who have acquired a third of the company’s capital each. ...

  • wall-street-4758079_1920
    Article

    Warby Parker unveils growth strategy

    2021-09-15T19:01:00Z

    Just a few weeks after filing its IPO registration documents to the U.S. Securities and Exchange Commission (SEC) in which the company disclosed its financial results for the past three years, Warby Parker released an online presentation for investors. During the two-hour long pre-recorded video, founders and co-CEOs Neil Blumenthal ...

  • Ray-Ban Stories - Lifestyle1
    Article

    Facebook and Ray-Ban launch their first smart eyewear

    2021-09-13T09:39:00Z

    About a year after they first announced their partnership, Facebook and Ray-Ban presented last Thursday their first range of smart glasses, called Ray-Ban Stories. Based on the most popular Ray-Ban designs, including the iconic Wayfarer and Wayfarer Large, and available in five color variations, the Ray-Ban Stories embark an optimized ...

  • Inspecs - Glasses design
    Article

    Inspecs eyes new buys as H1 profits, revenue surge

    2021-09-09T13:06:00Z

    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 ...

  • hawkers
    Article

    Hawkers opens 1st Spanish factory

    2021-09-08T12:30:00Z

    Hawkers Group, a Spanish-based brand of sunglasses, has announced last week the launch of a new collection of sunglasses Made in Spain, following the opening in February of its first factory in Spain, located at its headquarters of Elche, near Alicante. The group addresses the entry level segment of the ...

  • nature-3294632_1920
    Article

    Sustainability: the demo lenses’ challenge (part 1)

    2021-09-08T07:00:00Z

    While the eyewear industry’s sustainability efforts have mostly focused on the use of eco-friendly or recycled material for the frames so far, the disposal of demo lenses, which end up in landfills for the most part, remains one of the sector’s main issues and still largely untackled because of its ...

  • INVISION
    Article

    INVISION FIT 3D-centering platform adds value to ECP services

    2021-09-07T13:58:00Z Sponsored by Horizons Optical

    HORIZONS OPTICAL, the Spanish-based provider of lens designs, coatings and services for the ophthalmic lab will be showcasing INVISION FIT, its new 3D-centering system, at the next Silmo show in Paris from Sept. 24 to 27 (Hall 5a Stand H032). The platform was initially presented during the last digital edition ...

  • CooperVisionlenses
    Article

    Fast-growing Cooper gears up for MiSight launch

    2021-09-03T19:45:00Z

    Cooper Companies reported a 32 percent year-on-year revenue increase for the third quarter of its current financial year to a total of $763 million with a solid performance in both its CooperVision and CooperSurgical divisions, which respectively grew by 24 percent to $557.5 million and by 60 percent to $205.9 ...

  • laptop-336704_1920
    Article

    Kits sales up 21%, ramps up eyeglass business

    2021-09-03T12:51:00Z

    Kits Eyecare, a Canadian-based online retailer of contact lenses, eyeglasses and sunglasses that went public at the start of this year, reported a 21 percent year-on-year increase in H1 revenues to $42.1 million. On a constant currency basis, total sales went up by 28 percent as compared to the same ...

  • DJI_0196
    Article

    Marchon on track for a record year

    2021-09-02T09:24:00Z

    Unlike other major players in the eyewear industry that are public listed, Marchon Eyewear is not publishing its results but Nicola Zotta, CEO of the U.S. eyewear manufacturer, agreed to share some information with Eyewear Intelligence on the company’s performance and projects. While Marchon was slowed down in 2020 by ...

  • wall-street-4758079_1920
    Article

    Warby Parker releases sales and profit figures ahead of IPO

    2021-08-30T17:05:00Z

    Warby Parker, the U.S. omnichannel retailer, announced last week that it has filed a registration with the Securities and Exchange Commission (SEC) for its future Initial Public Offering (IPO) on the New York stock exchange. The registration document, which can be found here, shows that, although its revenues grew quickly ...

  • Fielmann
    Article

    Fielmann sees Q2 sales surge, confirms FY outlook

    2021-08-26T16:08:00Z

    Fielmann saw external sales in its second quarter, ended June 30, rise by 56 percent to €474.9 million and group sales jump 60 percent to €407.7 million. The retail group enjoyed growth in all major markets thanks to the ongoing rollout of its omnichannel platform, an economic recovery fueled by ...

  • FR2_Title Graphic
    Article

    VSP Global explores the future of the eye-as-a-tool

    2021-08-18T06:30:00Z

    VSP Global has released ”The Future of Personal Performance Report”, a new research in collaboration with the market intelligence platform CB Insights. The report identifies five key-trends showing innovation opportunities as consumers pay more and more attention to their well-being and try to improve their overall performance. Among these five ...

  • GrandVision_logo
    Article

    GrandVision close to full Covid recovery in Q2

    2021-08-08T13:44:00Z

    For its first results’ presentation since the takeover by EssilorLuxottica on July 1, GrandVision reported a strong rebound in both revenues and profits as compared to last year but fell short of returning to pre-pandemic levels. The recovery was driven by the easing of Covid-related restrictions in most ...

  • Safilo
    Article

    Safilo accelerates in Q2

    2021-08-04T07:59:00Z

    Safilo Group confirmed its recovery during the presentation of its Q2 results that showed an acceleration in the company’s sales growth from the previous quarter, driven by the U.S. and China, Smith, its prescription eyewear business and e-commerce. The Italian company also significantly increased its operating profitability thanks to ...

  • 48814638557_e2cca02dcd_k
    Article

    Silmo Paris announces over 500 exhibitors

    2021-08-04T04:59:00Z

    The organizers of Silmo have announced that more than 500 exhibitors from 32 countries have already confirmed their participation in the next edition of the show scheduled to take place in Paris from next Sept. 24 to 27. It will be the first edition of Silmo Paris since 2019 ...

  • marcolin HQ
    Article

    Marcolin on track towards full Covid recovery

    2021-08-02T01:54:00Z

    Marcolin reported a strong sales recovery for the first six months of 2021 as compared to the same period last year, with an acceleration in Q2 that brought back the Italian group at pre-pandemic revenue level. The company also significantly improved its profitability ratios during the period. Total ...

  • EssilorLuxottica logo
    Article

    EssilorLuxottica delivers strong Q2

    2021-07-31T04:10:00Z

    EssilorLuxottica reported total revenues of €4,709 million for the second quarter of its 2021 fiscal year, up 92.5 percent in reported terms and 103.1 percent at constant exchange rates as compared to 2020. Compared to the same period in the pre-Covid 2019 year, revenues increased by 9.2 percent in ...

  • Hoya
    Article

    Hoya returns to pre-Covid sales level in lenses

    2021-07-30T12:10:00Z

    Hoya Corporation reported a 45 percent year-on-year increase in Q1 group revenues to 158.0 billion Japanese yen (€1,212m-$1,439m), confirming its rebound from the Covid-19 crisis with strong sales’ growth in both its Life Care and Information Technology segments. On a currency neutral basis, quarterly revenues grew by 39 percent ...

  • newsroom_header_image_desktop_1920x960px_2_6012aa04ca1da
    Article

    Kering Eyewear H1 sales top 2019 level by 22%

    2021-07-29T07:20:00Z

    Kering Eyewear reported a 61.8 percent year-on-year jump in revenues and on comparable currency basis, reaching €383 million for the first half of its 2021 fiscal year. Deducting €57 million in royalties and intragroup sales, the company’s net contribution to the group’s H1 revenues totaled €326 million, up 69.8 ...