Latest Headlines – Page 90
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Silmo becomes more international
About 900 exhibitors from all over the world will present 1,350 brands on 80,000 square meters of space in Paris for four days, starting tomorrow. The number of French exhibitors will be down slightly to 209 from 215 a year ago. Slight increases are being scored in exhibitors' numbers from ...
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Good turnout in Vegas
International Vision Expo West 2016 has seen increased attendance and strong sales from exhibitors, according to preliminary reports issued by Reed Exhibitions and its partner, the Vision Council, after the event. This year's show was held on Sept. 14-17 in Las Vegas. It featured 460 suppliers and manufacturers, including 100 ...
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GrandVision’s quarterly sales accelerate
GrandVision's growth accelerated in the second quarter from the first one. Year-on-year, sales rose by 3.6 percent in the second quarter on a comparable store basis, after posting an increase of only 0.9 percent in the first quarter. They went up by 4.8 percent to €867 million in reported terms, ...
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Article
GrandVision restructures in Italy
Aiming for the leadership on the Italian market, GrandVision is introducing its own banner in the country. Europe's largest optical retailing group opened for the first time last July 16 a store trading as GrandVision in the northern Italian town of Bolzano, with a big promotion. It is located very ...
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Safilo is going through a re-engineering process
After the bloodletting at the tail-end of the Tabacchi family's stewardship, which practically led to the Safilo Group's financial demise, and its dramatic rescue thanks to the arrival in 2009 of a new major shareholder in the guise of the Hal investment group, the company is now doing the ground ...
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Safilo posts strong growth
The Safilo Group came out with surprisingly strong sales growth in the second quarter for its so-called going-forward brands, which excludes Gucci and other brands that have been stopped or will be discontinued. Their lines raised their revenues by 9.0 percent at constant currency rates during the period. In the ...
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Luxottica issues warnings after a soft Q2
Luxottica cut its sales and profit guidance for the full year after a softer-than-expected second quarter, adopting a more cautious view for the second half of the year, which should nevertheless outperform the first six months of 2016, according to the management. Second-quarter sales were hit by poor weather conditions ...
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Article
Luxottica takes control of Oakley’s stores, sports wholesale
Luxottica said it has accelerated the second phase of Oaklay's integration. Now that Oakley's eyewear business is already part of its global wholesale operations, the group is going to directly manage the sports brand's sales into the sporting goods retail channel as well as its O stores.Oakley's headquarters in Foothill ...
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Article
A weaker quarter for Essilor
Essilor International has revised down its sales forecast for 2016, predicting growth of around 4.5 percent on a comparable basis, after reporting an increase of only 3.2 percent in the second quarter. However, the management reaffirmed its objective to accelerate organic growth, gradually reaching an average annual increase of 6 ...
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Essilor’s external growth continues
The company signed ten new transactions in the first six months of 2016 that will generate extra revenues of about €100 million on an annualized basis. Others are in the pipeline after its more recent acquisition of US Optical, a wholesale optical laboratory based in New York with annual sales ...
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Eyeglass lenses are a bright spot at Hoya
Eyeglass lenses were one of the few bright spots in the results reported by Hoya Corp. for the first quarter of its financial year, ended June 30. On a constant-currency basis, their sales grew overall in the mid-single digits from the corresponding period of a year ago, with increases of ...
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MPG expands German production and Czech logistics
The Michael Pachleitner Group (MPG) has made a significant investment in the expansion and modernization of the Schulz Optical Factory, a lens production facility in Glücksburg, Germany, and work has now been completed. In 2015, the company invested €2.5 million in the expansion of the factory, and more recently, it ...
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Italy's first half exports up by 6.2%
Italy's eyewear exports continued to grow in the first half of 2016, although the pace slowed down a little in important markets such as Asia and Latin America, mainly due to the Brazilian recession. The domestic market seems to be maintaining last year's level, with sales picking up both for ...
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Article
GrandVision’s quarterly sales accelerate
GrandVision's growth accelerated in the second quarter from the first one. Year-on-year, sales rose by 3.6 percent in the second quarter on a comparable store basis, after posting an increase of only 0.9 percent in the first quarter. They went up by 4.8 percent to €867 million in reported terms, ...
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Article
GrandVision restructures in Italy
Aiming for the leadership on the Italian market, GrandVision is introducing its own banner in the country. Europe's largest optical retailing group opened for the first time last July 16 a store trading as GrandVision in the northern Italian town of Bolzano, with a big promotion. It is located very ...
-
Article
Safilo is going through a re-engineering process
After the bloodletting at the tail-end of the Tabacchi family's stewardship, which practically led to the Safilo Group's financial demise, and its dramatic rescue thanks to the arrival in 2009 of a new major shareholder in the guise of the Hal investment group, the company is now doing the ground ...
-
Article
Safilo posts strong growth
The Safilo Group came out with surprisingly strong sales growth in the second quarter for its so-called going-forward brands, which excludes Gucci and other brands that have been stopped or will be discontinued. Their lines raised their revenues by 9.0 percent at constant currency rates during the period. In the ...
-
Article
Luxottica issues warnings after a soft Q2
Luxottica cut its sales and profit guidance for the full year after a softer-than-expected second quarter, adopting a more cautious view for the second half of the year, which should nevertheless outperform the first six months of 2016, according to the management. Second-quarter sales were hit by poor weather conditions ...
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Article
Luxottica takes control of Oakley’s stores, sports wholesale
Luxottica said it has accelerated the second phase of Oaklay's integration. Now that Oakley's eyewear business is already part of its global wholesale operations, the group is going to directly manage the sports brand's sales into the sporting goods retail channel as well as its O stores.Oakley's headquarters in Foothill ...
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Article
A weaker quarter for Essilor
Essilor International has revised down its sales forecast for 2016, predicting growth of around 4.5 percent on a comparable basis, after reporting an increase of only 3.2 percent in the second quarter. However, the management reaffirmed its objective to accelerate organic growth, gradually reaching an average annual increase of 6 ...
