Latest Headlines – Page 127
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ESA may join a Vision Council of Europe
Vittorio Tabacchi, president of Eurom 1, chaired an unusual meeting during the Mido show in Milan earlier this month, in the presence of a selected number of journalists from various European countries and the U.S., where he and Francesco Pellegrinelli, president of the European Sunglass Association (ESA), confirmed their desire ...
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Essilor proposes a new UV standard
In a way, Essilor is entering the medical field of the ophthalmic market by proposing a new standard for the protection of the eye from UV radiation, similar to the UV index used to measure the effectiveness of sunscreen creams. Called E-SPF, which stands for “Eye Sun Protection Factor,” it ...
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European consumers see contact lens care differently
They are showing more interest in the wearability of contact lenses and the practicality of use, according to the ongoing market surveys of GfK, which indicate a general recovery of the European market for contact lens care products in 2011 in terms of units as well as value, in contrast ...
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CooperVision eyes China
CooperVision continued to outperform the market in the three months ended last Jan. 31. Reaching $268.9 million, its sales grew by 10 percent in dollars and in constant currencies during the period, which corresponds to the first quarter of its financial year, while the overall market for soft contact lenses ...
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Relative stability for Mido, but…
Cirillo Marcolin, who returned last summer to his former position as president of Mido and Anfao, the Italian eyewear industry association that organizes the Milan show, has stated that they are considering a possible new change in the Milan show's schedule for next year. He noted that Sunday and Monday ...
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Spy trends up again
Spy, the U.S. firm formerly called Orange 21, reported higher losses for last year, but its Spy brand continued to enjoy a growing momentum after the significant sales decline that it experienced in the first quarter of 2011. After a strong third quarter, sales of Spy sunglasses and goggles reached ...
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Design-driven POC sells many helmets, goggles
POC of Sweden continues to collect design awards. It has just obtained the prestigious Red Dot award for the fifth year in a row, this time for two new products. Its EYES Eyewear line is said to focus on performance and optical perfection, and it can be worn for functional ...
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New dimensions in Realglass campaign
A group of manufacturers, led by Barberini, launched a new trademark, Realglass, a new logo and a new promotion campaign at the Silmo fair last September to make opticians aware of the unique properties of mineral lenses. It started with an explanatory website in four languages – English, French, German ...
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The Thai floods will cost Hoya ¥22 billion in lost equipment and sales
Commenting on the results for its third financial quarter, ended last Dec. 31, Hoya's management admitted that it would probably take 12 to 18 months for its vision care operations to return to normal, with customers willing to come back.Hiroshi Suzuki, chief executive of the group, made a public apology ...
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Other activities keep Hoya above water
As reported in the previous article, Hoya's sales of eyeglass lenses fell by 9.5 billion yen (€87.9m-$118.0m) during the third quarter ended Dec. 31 because of the shutdown of its Thai facilities due to the floods. However, this was partly offset by higher sales of contact lenses, intraocular lenses and ...
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Luxottica targets high single-digit growth in 2012
Luxottica expects to increase 2012 sales by a high single-digit rate, in terms of constant currencies, driven by emerging markets, where revenues are due to increase by more than 30 percent.Excluding one-time costs related to the reorganization of the group's Australian retail activities, operating and net incomes are seen growing ...
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Luxottica’s fourth quarter was hit by one-off costs
Luxottica posted lower than expected fourth-quarter results due to the accounting of one-off charges. Its reported operating income rose by 33.5 percent to €128.4 million, and the net profit attributable to Luxottica stockholders increased by 16.8 percent to €64.4 million. Adjusted to eliminate extraordinary items, the operating profit rose by ...
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De Rigo eyes retail in emerging markets, does 12% better at wholesale
De Rigo has no intention of scaling down its involvement in retail activities, although it has folded its former British chain, Dollond & Aitchison, into a joint venture with Boots in which it retains a 45 percent stake. Its General Optica chain in Spain has shown encouraging signs, bouncing ...
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Fielmann wants committed employees
With only 670 opticians declared unemployed in Germany, 17 percent fewer than one year ago, Fielmann is making extra efforts to retain its employees, giving them extra incentives to stay with the group and to perform. The biggest optical retailer in the country says it rewarded their achievements last year ...
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Claims and counterclaims on the German online market
Claiming to be Germany's biggest eyewear retailer trading online, Mister Spex says it raised its sales by 50 percent in 2011 to €17 million. It managed to sell 200 percent more glasses than in 2010, thanks in part to heavy marketing on TV and other media as well as technical ...
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Swedish firm gets the Craft license
Craft is a leading Swedish brand of body-conscious sports clothing. It has signed its first eyewear license with Future Trading, which is probably the largest eyewear company in Sweden, with annual sales of about 2 million items worth 100 million Swedish kronor (€11.3m-$15.2m), and the largest one in Scandinavia for ...
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A flurry of new licenses on the eve of Mido and Vision Expo
While some of the licenses announced in the last few days are new, two others – Balenciaga and Nine West – are transfers from the Safilo Group to Marcolin and Marchon. They follow on the heels of Luxottica's takeover of the Armani licenses from Safilo a few months ago. While ...
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Cars invade new China show venue
Exhibitors at the China International Optics Fair in Shanghai (SIOF) last week were generally pleased with its modern new venue on the site of the 2010 Shanghai World Fair in the Pudong district. Conveniently located at less than an hour's drive from the international airport, it allowed several companies to ...
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Opportunities for business also in Korea
The secretariat of the Deagu International Optical Show (DIOPS) is inviting more than 1,000 buyers from major optical firms to its 11th edition next Apr. 18-20, organizing matchmaking sessions between them and exhibitors to open up new business opportunities for them.DIOPS is the only fair for ophthalmic optics in Korea, ...
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Spain’s optical business expands
Fedao, the Spanish Federation of Optics Industries Associations, has reported that the optics distribution industry in Spain was worth €1.842 billion in 2011. There has been a slight reduction in retail sales, but 295 new optical establishments opened last year, bringing the total to almost 10,000 in the country. This ...
