Latest Headlines – Page 232
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Essilor Appoints A Dedicated General Manager At Christian Dalloz
Claude Balleyguier has been appointed as general manager of Christian Dalloz, a new position within this subsidiary of Essilor, specializing in safety glasses and other personal protection equipment. Philippe Alfroid, who is general manager of Essilor, remains as chairman of Dalloz. Balleyguier, 47, has been running Tektronix' European ...
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Paolo Cannicci Is Anfao's New President, Cirillo Marcolin Takes Over At Mido
Changes have been announced at the top of the Italian eyewear industry's trade association, Anfao. The association will be chaired by Paolo Cannicci, president of Sover, who has run the MIDO fair for the past 5 years. He will head up Anfao's new board of directors. The past president is ...
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Fielmann Moves Into Poland, Eyes Spain
The giant German chain of optical shops will open next month its first store in Poland. Fielmann plans to set up a total of 30-40 outlets in the promising Polish market in the next 2-3 years, not far from its own production facilities near Berlin. As personnel costs are relatively ...
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Grandvision Starts Growing Again
GrandVision seems to have overcome at least in part its initial problems in the UK where Vision Express, the local chain acquired in 1997, had generated last year an operating loss of 60 million French francs (e9m-$10m) on 10.3 percent lower sales of e185 million ($199m), contributing to a 70 ...
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Specsavers Goes Into Dental Care, While Optic 2000 Diversifies Into Earing Aids
GrandVision already has two legs in France with its optical and photo shops. One of Britain's leading optical chains, Specsavers, will add a second leg by opening next April the first of a chain of 100 franchised dental care laboratories, taking advantage of special legislation that allows dentists to own ...
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The French Eyewear Industry Declines
The value of the French eyewear industry's production declined by an estimated 8.7 percent in the 1st half of 1999 to 2,709.3 million French francs (e413m-$445.2m), as compared to the same period one year ago, after an 8.7 percent increase in the 1997 calendar year and a small drop of ...
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Italian Eyewear Exports Plunge 12%
The Italian eyewear industry continues to lose ground, struggling to defend its world leadership position. The domestic market has also been suffering in the first 4 months of this year, considering that a sharp 12 percent drop in eyewear exports was accompanied by a an 8 percent fall in imports. ...
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Support For The Made In Italy Label
The Italian government has increased its financial support to the Foreign Trade Institute (ICE) for promoting Italian eyeware on the international market from 500 to 720 million lire (e370m-$400m) a year. After meetings with the small and medium-sized firms in the industrial district of Belluno, where most of the Italian ...
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Last-ditch Attempt To Salvage Galileo's Italian Production Fails
There is still no clear solution in sight for the floundering Galileo group, especially with regard to the old Italian manufacturing facilities of its parent company, based in Marghera near Venice. A group of local entrepeneurs led by Riello, a leading manufacturer of boilers and incinerators, announced at the beginning ...
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Rodenstock Gets Control Of 2c Optics, Forms An Alliance With Pro-laser
Rodenstock had already acquired in March of 1998 a minority stake in 2C Optics. This small US manufacturer of ophthalmic Rx lenses, which employs just over 80 persons, has developed a proprietary Automated Prescription Technology process which, according to Rodenstock, is expected to revolutionize the spectacle lens industry. Protected by ...
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It's Been A Tough Start On The Milan Stock Exchange For Marcolin
The initial drop was a bit nerve-racking, but then the share started to gain some recognition. It was a difficult start for Marcolin, the second major Italian eyewear firm to go public on the small Milan stock exchange last July 19, following Safilo's lead. The other two Italian majors, De ...
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Sports And Japan Let Safilo Grow Fast
The Tabacchi brothers made two major strategic choices that have enabled Safilo to keep growing in spite of the difficulties the industry is facing, not least on the Italian market. The first one was their 1997 decision to start up a sports division, with the acquisition of Carrera and Smith ...
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De Rigo Triples Sales, Thanks To Dollond & Aitchinson, But Net Income Collapses
The acquisition of the British Dollond & Aitchison chain has tripled the turnover and operating profits of the Italian De Rigo eyewear group, but it cut in four its net profit, as compared to the first 6 months of 1998. ...
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Ray-ban's Takeover By Luxottica Leads To Layoffs In The Usa, New Jobs In Italy
There is more to Ray-Ban's new Italian identity than the brand's transfer of ownership from Bausch & Lomb to Luxottica. Manufacturing and managerial structures in the USA and Europe are being dismantled, as production of the famous brand of sunglasses is moved over to Italy. In early September, Luxottica chief ...
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Oakley Raises Its Net Profit By 25% In The Third Quarter
Oakley reported yesterday a 25 percent increase in net income for the 3rd quarter ended Sept. 30, to $10,322,000 (e9,584,000), but the gross margin was flat. The increase was generated mainly by improved expense discipline, more efficient shipping and warehousing operations, and lower warranty expenses. Sales rose by ...
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L'amy Wants To Make An Impact At Silmo
The walls of the Porte de Versailles metro station, located next to the SILMO eyewear fair, will be decorated with the colors of the new more fashion-oriented logo of L'Amy during the fair. Marc Lamy and Yves Durand, who bought the leading French manufacturer of eyewear frames back from Eyecare ...
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Airess Signs Up John Galliano
Airess has reserved a 600-square-meter stand at this week's SILMO fair, its largest stand sofar, to make place also for its two latest acquisitions, Buffard and SFL (Société Française de Lunetterie), two neighboring French firms which were employeing about 100 persons each. Buffard makes mainly metal frames, nicely complementing ...
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We are launching EYEWEAR INTELLIGENCE, the first pan-European newsletter on...
We are launching EYEWEAR INTELLIGENCE, the first pan-European newsletter on the international eyewear market, intended to provide exclusive facts and figures on the international eyewear market, focusing on Europe. Bold letters and underlinings help you to go through the relevant information fast and easily, saving your precious time. Published in ...
