Latest Headlines – Page 142
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Eurom 1 Elects Tabacchi As President, Lobbies The Eu On Many Issues
Vittorio Tabacchi, president of Mido and Anfao, was officially elected president of Eurom I, the European Federation of Precision Mechanical and Optical Industries. Former president and major shareholder of Safilo, Tabacchi takes over from Antoni Olivella, general manager of Indo, who will stay on as vice president of the organization, ...
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Aspex Expands The Range Of Its Operations, Works With Pixeloptics
The Aspex Eyewear Group has been known so far mainly for its innovative technologies, such as its EasyClip magnetic clips, its EasyTwist memory metal eyewear and its TurboFlex spring hinges, which are marketed in more than 70 countries. The American company, founded by Nonu Ifergan in 1965, is now branching ...
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Christian Dalloz Sunoptics Is In A Recover Mode
Christian Dalloz Sunoptics, the French supplier of sophisticated sun lenses that went through a management buyout a few years ago, has been getting strong orders after the presentation of some exciting new products at the last Mido show in Milan, indicating the likelihood of a financial recovery. Already last ...
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Ital-lenti Shows Strength With New Technologies
Ital-Lenti has devised a new system for mounting lenses on sun and sports eyewear that works particularly well for face-hugging frames with a pronounced base curve, a style that usually has a higher risk of the lens breaking during the mounting process. The novelty of the Italian producer's Top ...
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Indo Goes Into Chapter 11
Citing two years of poor consumer demand, credit restrictions and the inability to go ahead with unspecified planned divestitures, the board of directors of Indo decided last June 17 to file for voluntary Chapter 11 protection from creditors. Trading in the Spanish company's shares on the Madrid stock exchange has ...
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Luneau/Visionix Acquires Briot
After a capital increase that saw the entry of two new shareholders, Luneau Technology of France has a acquired Briot International and other parts of Buchmann Optical Holding, notably Weco and Rodenstock Instruments, forming a new powerhouse in the area of instruments for opticians with annual estimated sales of close ...
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Huvits Wants To Consolidate Its European Business
Huvitz, a fast-growing Korean supplier of equipment for the optical industry that is increasingly regarded as a serious challenger in the market, is considering several options to improve its penetration of the European market, including the establishment of a subsidiary to support the existing distributors of its products. Company ...
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The European Market Suffered From The Recession, Especially Where Opticians Earn Less
European consumers have reacted to the economic crisis by delaying sight tests and purchases of new eyewear, and also by driving down the average price of frames and lenses, said Antoni Olivella, president of Indo and of Eurom 1, at the Vision Business Forum in Rome a few days ago. ...
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Bad Eyesight Makes Italians A Danger At The Wheel
A third of the Italians who have a driver's license do not have the minimum standards of eyesight that would be required to drive safely. This and other extremely worrying findings came out of a study promoted by Comitato Difesa Vista (Vision Defense Committee), an Italian industry body for the ...
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Price Is Becoming More Important Than The Brand In Sunglass Purchases
The fashion logo has become less important than before in the European sunglass market, according to an ongoing research project whose latest results were released by the European Sunglass Association (ESA) at its annual convention in Barcelona a few days ago. The latest data also indicate that average selling prices ...
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Where And Why Do Italians Buy Sunglasses?
The repression of the widespread pattern of counterfeiting still going on in the broad fashion market, sunglasses included, has led Italian authorities to discover a curious abbreviation adopted for products distributed in Italian market stalls. To reassure the consumer, the sunglasses are stamped with the letters «CE,» the same as ...
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German Lens Giants Fined For Price-fixing
At the end of a lengthy investigation, reportedly triggered by an individual's inquiry about different price quotations from different suppliers, five ophthalmic lens makers in Germany have been socked with €115 million in fines for participating in a price-fixing scheme. Rodenstock, Carl Zeiss Vision, Essilor, Rupp + Hubrach Optik and ...
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Still A Few Hurdles In The Way Of A Global Sunglass Standard
Industry officials gave an update on the progress being made in setting a single international ISO standard for plano sunglass lenses, still with on objective to get it implemented by March 2012, at the annual convention of the European Sunglass Association in Barcelona a few days ago. After two ...
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European Court Backs Internet Sales Of Contact Lenses
The conditional backing of the European Court of Justice came indirectly a few weeks ago with the publication of an opinion expressed by its attorney general, Paolo Mengozzi, on a number of questions raised by a Hungarian court in reference to a foreign e-commerce operation, Ker-Optika, trading in the country. ...
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Cecop Enters The Brazilian Market
The Spanish buying group, which has been expanding in Europe, is about to make its entrance on the South American market, starting with Brazil. Cecop is in the process of setting up its own Brazilian organization, and is already open for opticians to join. As one of the major emerging ...
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Silmo Will Offer New Services And Fewer Awards
The organizers of the Silmo show, which will be held at its new and more modern Villepinte location near Paris' Charles de Gaulle airport from Sept. 23-26, have decided to introduce some important changes and to introduce new services and events including the first Silmo Academy, which will provide symposiums ...
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Signature Eyewear Makes A Profit And Trims Debt Even As Sales Fall
California-based Signature Eyewear had a 3.3 percent drop in turnover to $5.9 million for the second quarter ended April 30, as net sales continued to be hurt by the recession, but the company was able to report its 18th consecutive profitable quarter. The volume of sales was fairly stable ...
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Storm In French Retail Over Kalivia's Insurance Scheme
The 6 million members of two complementary medical insurance companies in France will benefit from preferential conditions to finance their purchase of selected eyeglasses, contact lenses and related products at more than 2,500 optical stores all over France. Called Kalivia, the program has drawn considerable criticism, especially from opticians that ...
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Hoya Recovers Nicely, With Big Profits
After falling revenues in the previous quarters, the vision care segment of Hoya Corporation achieved a sales turnaround in the fourth quarter of its financial year, ended last March 31. Its sales of eyeglass lenses grew by 8.2 percent at home in Japan over the quarter, although they were still ...
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Coopervision Wins Market Shares
With a sales increase of 11.2 percent to $242.3 million in the second quarter ended April 30, CooperVision grew 1.8 times faster than the global soft contact lens market, which rose by 6.2 percent in the first three months of 2010 to reach an estimated level of $1,575 million for ...
