Latest Headlines – Page 89
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Disappointing sales of lenses for Hoya
In reporting results for the second quarter of its financial year, ended on Sept. 30, the management of Hoya Corp. expressed disappointment with its sales of its eyeglass lenses. Their growth hovered between one and two percent in constant currencies during the period, as compared to the same quarter a ...
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Hoya launches its 3D system
Hoya Vision Care used the international platform of the Silmo trade show in Paris at the end of September to present a new integrated offer of spectacles and lenses to the market, called Yuniku, describing it as the world's first tailored eyewear that is entirely designed to provide optimal vision ...
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French firm takes the Silmo award for its 3D program
A French startup, NetLooks, clinched the 2016 Silmo d'Or award for innovation in the materials and equipment category at the Silmo trade fair in Paris. The company's proprietary software allows opticians to create “à la carte” personalized frames using a 3D image of the customer, who is then offered the ...
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Mykita launches MVO and first Studio line
With some delay from the previously set schedule, Mykita launched its eyewear customization system, called MVO, in September among a restricted circle of 100 people, including family members and friends of the German brand.As previously reported, MVO combines three digital technologies: 3D scanning, parametric design and additive manufacturing. Three different ...
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iC! Berlin customizes glasses, offers services to third parties
In the past two years, iC! Berlin invested more than €2 million in new manufacturing technologies and additional capacities. At the beginning of this year, the company opened a new 1,600-square-meter production site in Berlin. It also moved its headquarters in the German capital to a new 1,200-sqm. building on ...
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Barberini Eyewear goes international
One of the world's major producers of mineral lenses, Barberini Spa, now has a full-fledged Barberini Eyewear division for sunglasses, including RX sunglasses. While the parent company is still headquartered at Silvi Marino in the Abruzzo region of Italy, the new division is based at Santa Marta near Venice in ...
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Strengthening margins for CVI
Sales increased by 6 percent at CooperVision (CVI) in terms of dollars as well as local currencies during the third quarter ended July 31, reaching $409.9 million during the period. Both toric contact lenses and single-use spheres grew by 10 percent, representing more than half of the company's total turnover, ...
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J&J posts higher sales and profits
Johnson & Johnson (J&J) reported a 4.2 percent increase in its worldwide sales to $17.8 billion in the third quarter as compared to the same quarter a year ago, driven by the successful launch of new products and the strength of its core businesses, in particular the pharmaceutical segment. In ...
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Last chance for Logo
We held up the publication of this issue until now to be able to report on the future of Logo Eyewear, the insolvent eyewear licensee for LVMH’s Tag Heuer and Fred brands. A bankruptcy court in Lyon was scheduled to approve or reject on Nov. 2 a conditional takeover proposal ...
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Essilor becomes the biggest online retailer in Europe
The online retail business has become so important for Essilor International that it has been placed in the hands of a high-profile manager, Bernard Nuesser, with global responsibilities, according to well-informed sources? This former international director of GrandVision and chief executive of its Vision Express chain in the U.K., ...
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Shamir starts to advertise
Taking its cues from Essilor International, which is investing more than before in consumer-oriented advertising, Shamir Optical Industry has launched its first marketing campaign in France, with a TV spot and an initial budget of €100,000. Depending on the results, the initiative will be extended to other countries in Europe, ...
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Mister Spex expands its partnerships with opticians
Mister Spex doesn't want to give us its latest turnover figures. However, five years after its introduction of its special click-and-collect program with brick-and-mortar retailers in mid-2011, the German online retailer has put together a network of 550 partner opticians in Germany, placing it in third place in terms of ...
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Fielmann performed better in Q2
After registering its first quarterly decline in about ten years during three months ended last March 31. Fielmann raised its consolidated sales by 5.1 percent to €344.0 million in the second quarter ended June 30, with a healthy increase on a comparable basis of about 3.5 percent. Unit sales went ...
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TCV invests €45 million in Brillen.de
Technology Crossover Ventures (TCV), an investment company with offices in the U.S. and in London, has invested €45 million in Brillen.de, a family-run multi-channel provider of prescription eyewear in Germany. Brillen.de plans to use the funds to expand its executive team and enter new markets including the U.S. The company ...
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Italy’s export growth softens
After the double-digit increases recorded in recent times, the growth in Italy's eyewear exports slowed down to a rate of 4.7 percent in the first half of 2016. Compensating for this trend, the Italian market showed a slight recovery during the period, according to the Italian eyewear industry association, Anfao, ...
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Annus horribilis for Italia Independent
The first-half results of Italia Independent indicate a further deterioration of in the second quarter of an already poor first quarter, marked by the departure of one of its founders, Giovanni Acconciagioco. Its total sales fell by 34.5 percent to €16,344,000 in the first six months of this year, leading ...
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François Pinton works with Karavan
François Pinton, an emblematic figure in French designer eyewear, has struck a strategic partnership with Karavan & Co. (KNCO), a French company that is managing a growing array of eyewear brands and licenses. The idea is to create economies of scale that will help to relaunch the François Pinton brand, ...
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Opal sets up an office in Canada
Opal, another French company that is setting up a strategic partnership with Demetz, has found an interesting way of setting foot in the Canadian market. Two years after the launch of an Asian sales office in Hong Kong, it set up its own sales office for the Canadian market last ...
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New management structure at Vista
Vista Outdoor, whose holdings including Bushnell and its eyewear brands, Bollé, Cébé and Serengeti, has announced a new segmentation of its recently enlarged brand portfolio, appointing new managers to run its different operations. Kelly Grindle, who remains as president of Outdoor Products, will oversee three new market areas: Outdoor Recreation, ...
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Gold & Wood boosts its management
Wood Optic Diffusion, the Luxembourg-based manufacturer of the Gold & Wood line of high-end glasses, has appointed two new managers to help drive a new phase of growth, with the objective of doubling its turnover. One of them is Sébastien Dehaine, a former brother-in-law of Alain Mikli who spent eight ...
