Latest Headlines – Page 140
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Novacel Moves Into Switzerland
The French laboratory is moving into the Swiss and Austrian markets after acquiring a laboratory in Lucern that will use some equipment and other assets bought from Optixx, the Swiss supplier of progressive moulds owned by Ruedi Suter that recently closed down. The new Swiss subsidiary, called Novacel Swiss ...
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Marchon Makes New Important Moves
While pushing forward its 3D technology, the American company is boosting its European operations. Among other moves, Marchon Eyewear has set up its own fully owned subsidiary in Lisbon to serve the Portuguese market, where its products were distributed by Essilor. More than 10 agents will work for Marchon Portugal, ...
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Luxottica, Safilo Secure Key Licenses
Luxottica has taken over the Coach eyewear license held by Marchon. The Italian group has signed a license agreement with the American fashion company for the design, manufacturing and global distribution of sun and prescription eyewear under the Coach, Coach Poppy and Reed Krakoff brands, beginning on Jan. 1, 2012. ...
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Allison Rethinks Distribution
Allison traditionally uses selected distribution for specific products, but is currently changing its strategy and entering new distribution channels. In the U.K. the group has signed an agreement with Atlantic Optical for the Westwood collections, while in France, the Benetton children's collection will be offered in the 1,000 stores belonging ...
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The Founder Of Grandvision And Acuitis Invests In Beausoleil
Daniel Abittan, the visionary founder of GrandVision who launched the new Acuitis store concept for audio frames earlier this year, has acquired a minority stake in the company of Frédéric Beausoleil, the well-known French eyewear designer, along with two other investors, Marcel Cesar and Manuel Conejero, who worked with him ...
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Area Is Back In Line After A Negative Half Year
The year 2010 has been a difficult one for the Italian company Area for a number of reasons: a bad first half and the lingering effects of the global recession, for example, but also because internal difficulties prevented the company from taking advantage of the subsequent market upturn. The management ...
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Alcon's Revenues Grew In The Third Quarter
Alcon had a 9.0 percent increase in global sales to $1.76 billion for the third quarter of 2010. Revenue from acquisitions added 0.7 percentage points to sales growth in the quarter, while foreign currency fluctuations reduced reported sales growth by 0.4 percentage points. Net earnings for the quarter were ...
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Europarliament Drops Mandatory Origin Labeling For Eyewear
The European Parliament approved last week the introduction of mandatory origin labeling for certain goods for five years but dropped eyewear from the list of products covered by the bill. Two Italian members of Parliament had proposed including ophthalmic and contact lenses as well as eyewear as manufactured goods compelled ...
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Silmo Strikes The Right Note With Visitors At Its New Venue
Silmo 2010 went off successfully despite a public sector workers' strike, work on the railroad passing through the venue and a change of location to the north of Paris after 30 years. A total of 33,065 visitors attended the show over its four days, an increase of 4 percent over ...
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Hal Reports A 51% Jump In Net Profit, Sells Australian Stores To Luxottica
Hal Holding has agreed to sell its optical retail operations in Australia, the Optifashion Group, to Luxottica Retail Australia Pty., a subsidiary of the optical giant. The Optifashion Group is made up of more than 60 stores that generate revenues of about 30 million Australian dollars (€21.5m-$28.1m) a year. The ...
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Fielmann Continues To Win Market Shares, Prepares Succession
Fielmann says it met it expectations for the first half of 2010 with a 1 percent increase in unit sales to 3.1 million pairs of eyeglasses, compared with a 3 percent drop in the German optical retail market. By value, the leading German optical retailer's consolidated sales rose by 4.9 ...
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Mister Spex Gets More Funds For Expansion
Mister Spex is probably the largest German virtual store for eyewear. With sales of €4.5 million in 2009, it ranked No. 1 in the category and No. 99 among all kinds of internet retailers in Germany in a list put out by iBusiness.de. It is targeting a turnover of more ...
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Lacoste Picks New Creative Director And New Eyewear Licensee
Lacoste almost simultaneously announced the appointment of a new creative director and the signature of a new eyewear licensing contract with Marchon earlier this month. The French brand's new partnership with Marchon follows about 25 years of collaboration with the French L'Amy Group, which has gone under new ownership ...
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Banks Agree To Zeiss' Offer To Buy Loans To Carl Zeiss Vision
More than the required two-thirds majority of Carl Zeiss Vision's lending banks have OK'ed the reorganization of the corporate financing of the eyeglass lens manufacturer, and they have shown a higher than expected eagerness to convert some of their loans into shares that would then be bought by the Carl ...
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Essilor Sees Continued Progress
In spite of the ongoing economic uncertainties, the world's leading supplier of ophthalmic lenses had a very good first half of the year, according to its management, thanks in part to recent acquisitions and the launch of many new products for different segments of the market. Essilor International's total ...
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Hoya's Lens Sales Grow By Double Digits In Europe
Sales of ophthalmic lenses grew by just over 10 percent on a constant-currency basis in Europe for Hoya Corporation during its first quarter, ended June 30, and this positive trend is going on. Company officials indicate that the German and Scandinavian markets continued to be tough, while France, Spain, Italy, ...
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Strong Increases At Marcolin
Marcolin reports that its consolidated revenue increased by 15.6 percent to €115.6 million for the first half of 2010, indicating growth of 14.6 percent on a currency-neutral basis. Operating earnings before amortization (Ebitda) leapt by 92 percent to €21.1 million, while Ebit (after amortization) and net profit both more than ...
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Marcolin Centralizes Production And Logistics
Marcolin has already transferred the production of metal frames from its former facilities in Vallesella to a brand-new 12,000-square-meter production center recently inaugurated in Longarone,alongside the company's headquarters. The new facilities had already begun production of acetate frames, and have been designed to house production of the group's growing number ...
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Sover Gets The Mcs Brand From Valentino
Sover ? an Italian eyewear producer with a strong position in Eastern Europe ? has been granted the worldwide production and distribution license for a new line of sun and prescription eyewear to be marketed under the MCS brand name, which is a sub-brand of Marlboro Classics. The Valentino Fashion ...
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Exports Of Italian Eyewear Are Again On The Rise
Exports of Italian eyewear for the first half of the year, including lenses, show a clear upturn, with growth amounting to 13.7 percent in value for the period. But an additional 7.6 percent would be required to make up for what was lost in 2009 and get back to 2008 ...
