Latest Headlines – Page 120
-
Article
Nigura Metzler goes bankrupt again
Nigura Metzler Optics International has filed for insolvency proceedings in the local court of Düsseldorf. The German-based company supplies corrective frames and sunglasses under its own brands ? Enjoy, Metzler and NiGuRa ? and as a licensee for the brands Aston Martin, E11, Bjorn Dunkerbeck, Jacques Lemans and Michalsky. An attorney, Paul Fink, has been named ...
-
Article
The TWC/L'Amy pact is producing good results
The licensing agreement signed with Ann Taylor in the U.S. just before the last Silmo show in Paris, which we already reported at the end of October, is indicative of the new multi-product strategy pursued by TWC-L'Amy, the French company that came out of the acquisition of L'Amy in the ...
-
Article
Loubsol is sold to a health and beauty firm
Loubsol, the French maker of sports sunglasses and goggles based in the Jura region of France, has been sold to Batteur, a specialist in health and beauty products. Sport-Guide.com reports that its owner, Robert Clément, now 70 years old, has been looking to sell the company for several years. He ...
-
Article
British online seller adds to portfolio
Prescription Eyewear Ltd. has bought LensOn, an online seller of contact lenses in northern Europe, VMail has reported. LensOn is described as a leader in online lens sales in the countries where it operates: Sweden, Norway, Finland, Denmark, the Netherlands, Germany, France and the U.K. It has country-specific sites in the local ...
-
Article
Slight sales increase for Carl Zeiss Vision
The Vision Care unit of the Carl Zeiss group recorded a small sales increase of around 1 percent to €860 million in the financial year ended Sept. 30, compared with €849 million in the previous year. At least part of the progress was no doubt related to Hoya Vision Care's inability ...
-
Article
CooperVision gains further market share
CooperVision continued to improve its position in the global market for soft contact lenses in its latest financial year, ended on Oct. 31, and especially in its fourth quarter. Its sales of soft contact lenses grew by 10 percent for the 12-month period ended in September in a market that rose by ...
-
Article
Interesting insights into European markets from Spectaris
Published in September, an annual report by Spectaris, the German ophthalmic industry association, again provides an overview of the European ophthalmic optics market, its consumers and future trends, although it is only written in German.It shows for example that France remained the biggest importer of ophthalmic optics products in 2011, ...
-
Article
Cione acquires Primera Opticos
With more than 1,000 affiliated retail members and 1,200 points of sale, Cione Grupo de Opticas has reinforced its leadership as the biggest cooperative of independent opticians in Spain through the acquisition of Primera Opticos, a smaller cooperative of about 100 retailers that run larger stores and are positioned in ...
-
Article
Luxottica is ready to buy Alain Mikli, maybe also Salmoiraghi
Luxottica has entered into exclusive negotiations to take over a 100 percent stake in Alain Mikli International, the French luxury eyewear company. The acquisition would not include the sunglass operations of Vuarnet, which had been taken over by Mikli at the end of 2009 along with the related licensing rights.Reports ...
-
Article
Safilo’s quarterly sales to Hal stores up by 82%
Safilo increased sales to GrandVision by 82 percent in the third quarter ended Sept. 30, as the two sister companies continue to strengthen their ties. With sales of €2.257 billion generated through almost 4,500 stores in 39 different countries, GrandVision is the holding company of numerous optical retail chains and ...
-
Article
Hal’s optical retail business grows by 4.6%
The optical retail companies owned by Hal saw their combined revenues increase by 4.6 percent to €1,809 million for the first nine months of 2012, up from €1,729 million for the same period last year. They would have risen by 2.9 percent excluding the effects of acquisitions and changes in ...
-
Article
Equity reshuffle at Fielmann
Günther Fielmann, the 73-year-old founder and chief executive of Germany's largest optical retail chain, remains very active as the sole member of its executive board, according to company officials However, he has decided to gradually transfer a 24.52 percent stake in the company that bears his name, Fielmann AG, to ...
-
Article
Fielmann defies a declining market
A top manager of Fielmann, Germany's largest optical retailer, said his company continued to post sales gains on a same-store basis in the third quarter of 2012, in spite of the softening economic situation in the country. Over the first nine months of the year, its sales have grown by ...
-
Article
Hoya signs a deal with Seiko, improves results
Company officials decline to comment on the details of the agreement signed earlier this month for the acquisition of Seiko Holdings' optical business by Hoya Corporation. As we have previously reported, the deal could give Hoya great manufacturing flexibility, allowing both Hoya and Seiko to produce their lenses and ancillary ...
-
Article
Hoya benefits from flood insurance
The Life Care segment of Hoya Corporation suffered a 4.6 percent decline in sales to 49.9 billion yen (€466.7m-$606.1m) in the second quarter of the Japanese company's financial year, ended Sept. 30, but the segment's income rose by 16.2 percent to 12.78 billion yen (€119.5m-$155.2m). Within this segment, sales of ...
-
Article
Marcolin loses Hogan license, sales
Marcolin agreed with the shoemaker Tod's to extend the license agreement for its Tod's brand by four years to Dec. 31, 2018. Marcolin said the terms of the deal were reviewed, reducing the guaranteed minimum royalties Marcolin will have to pay.Tod's confirmed that the conditions were revised but its chief ...
-
Article
PPG’s optical segment posts lower sales and earnings
PPG Industries has reported a 9 percent drop in the net sales of its optical and specialty materials segment during the third quarter ended Sept. 30, down to $282 million, compared with the third quarter a year ago. Volumes declined by 6 percent, and the balance came from the negative ...
-
Article
Spy’s sales go up by 8%
Spy Inc. reported total net sales of $9.9 million for the third quarter ended Sept. 30, representing an increase of 8 percent from the comparable quarter of 2011. Sales grew by 10 percent to $27.5 million for the first nine months of the year, compared with total net sales of ...
-
Article
Contact lenses grow fastest in Asia, led by Korea
Global demand for contact lenses remains generally strong, with a consistent upward growth in market value registered in the three regions of the U.S., Europe and Asia. According to a recent GfK report auditing contact lens retail, these regions registered sustained single-digit expansion in the 12-month period from July 2011 ...
-
Article
Quiksilver makes sunglasses from skateboards
Quiksilver has collaborated with Javier Mendizabal, a professional skateboarder sponsored by the international surf and skate company, to create a limited series of 50 pairs of sunglasses that are made by hand with materials taken from broken or recycled skateboards. The proceeds will be donated to the skateboarding community of ...
