Latest News Briefs – Page 198
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News briefs
Fred Friedfield has passed away at the age of 87....
Fred Friedfield has passed away at the age of 87. A former U.S. Navy officer, he founded Clearvision in 1949. He started importing frames from China in 1972 and signed the company's first licensing deal with Head in 1981. He was subsequently joined by his sons Peter and David in ...
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News briefs
Valeant Pharmaceutical International and Bill Ackerman, the activist investor who...
Valeant Pharmaceutical International and Bill Ackerman, the activist investor who runs Pershing Capital Management, are putting additional pressure on Allergan's shareholders and its board of directors to approve their takeover proposals. Valeant has increased its offer to buy Allergan twice. One week ago, it was prepared to pay a total ...
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News briefs
The Hilsinger Company, which is better known as Hilco, has...
The Hilsinger Company, which is better known as Hilco, has gone through a fourth change of ownership through a recapitalization conducted by Blue Point Capital Partners, a private equity firm based in Charlotte, Cleveland, according to VMail. The American company supplies opticians and consumers with more than 20,000 different products ...
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News briefs
Luxottica will rent a building of 11,325 square meters in...
Luxottica will rent a building of 11,325 square meters in Via San Nicolao, near Milan's Cadorna railway station, for its new headquarters from a big real estate group, Beni Stabili, which is indirectly controlled by Leonardo Del Vecchio, Luxottica's founder, main shareholder and chairman. The lease starts on Aug. 1 ...
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News briefs
Andrea Guerra, chief executive of Luxottica, sold in the last...
Andrea Guerra, chief executive of Luxottica, sold in the last few days 1.25 million shares in the Italian group at €41.50 each for €51.8 million. The transaction gave him a net gain of nearly €35 million as he had gotten the shares as an option at a price of €13.45 ...
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News briefs
Coburn Ikuvu, a new joint venture between Coburn Technologies and...
Coburn Ikuvu, a new joint venture between Coburn Technologies and Ikuvu Optical Equipment, is opening an office in Danyang, China. This new office will store spare parts and aftermarket consumable items for local customers. It will also serve as a central hub for the company's service operations in China. The ...
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News briefs
Lindsay Brown has been appointed by Hoya Vision Caro to...
Lindsay Brown has been appointed by Hoya Vision Caro to the new position of general manager for European key accounts, reporting to Hans Werquin, chief executive of the European operation. Graduated in South Africa, he brings more than 20 years of experience in the optical industry to Hoya, which has ...
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News briefs
The Highmark group in the U.S. has appointed David L....
The Highmark group in the U.S. has appointed David L. Holmberg as president and chief executive of its Highmark Health arm, which provides vision care and other types of health insurance to end customers. He previously ran the Diversified Business unit of the group including HVHC, which oversees 620 Visionworks ...
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News briefs
Essilor is redesigning its management structure in Italy. Massimo Barberis,...
Essilor is redesigning its management structure in Italy. Massimo Barberis, currently sales and marketing director for Essilor Italia, will be in charge of the new Nikon Lenswear business unit as from 2015. Additionally, the current “sales and marketing” division has been split into two separate entities, with two new directors. ...
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News briefs
Johnson & Johnson Vision Care has appointed David Hall as...
Johnson & Johnson Vision Care has appointed David Hall as general manager responsible for the U.K. and Ireland. He was commercial director for Johnson & Johnson Consumer, Ireland after joining Johnson & Johnson 10 years ago. He holds an MBA from the University of California at Berkley.
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News briefs
OptoVision named Axel Kellersmann as chief executive officer for Germany...
OptoVision named Axel Kellersmann as chief executive officer for Germany on April 1. Kellersmann has previously worked for Rodenstock, where he started to work in 2007 and took over the role as managing director of Rodenstock's business in Chile and Uruguay in 2010. Before joining Rodenstock, Kellersmann worked for Audi ...
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News briefs
Exalt Cycle has signed a distribution agreement for the whole...
Exalt Cycle has signed a distribution agreement for the whole Middle East with a 25-year-old company based in Dubai, Vision & Fashion, that specializes in imports and exports of prescription frames and sunglasses. The company has a satellite office in Riyadh and a team of more than 100 people to ...
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News briefs
Mykita opened its second store in Berlin in May. The...
Mykita opened its second store in Berlin in May. The store is based in the renovated concept mall “Bikinihaus,” an architectural standout in Berlin, which includes boutiques, concept and flagship stores, pop-up stores, which can be rented for up to a year to food and service providers. The Mykita store ...
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News briefs
Optiker Bode, the German chain of optical shops, reports that...
Optiker Bode, the German chain of optical shops, reports that it plans to increase the number of shops from the current 74 to 100 in the medium term. New shops are planned in North Rhine Westphalia, Berlin and Hamburg. In North Rhine Westphalia, where the chain has been represented since ...
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News briefs
Pro Optic, one of the biggest ophthalmic optics retailers in...
Pro Optic, one of the biggest ophthalmic optics retailers in Germany, recorded total sales of more than €100 million in 2013. As compared to the previous year, sales increased by 16.9 percent, presenting the biggest increase in sales of all ophthalmic optics retailers in Germany. Pro Optic manages and owns ...
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News briefs
The Italia Independent Group, which apart from eyewear is also...
The Italia Independent Group, which apart from eyewear is also involved in apparel and communication, had a turnover of €8.2 million in the first quarter of 2014, a 60 percent increase over the same period last year. The group's 2013 revenues had already risen by 59 percent from the previous ...
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News briefs
Silvian Heach, the fashion brand created by the Naples-based Arav...
Silvian Heach, the fashion brand created by the Naples-based Arav group that recently branched out into eyewear, (see Eyewear Intelligence of March 28, vol. 15-5+6) has had substantial success in the first two months of its new venture, probably because this well-known Italian fashion brand has decided not to sell ...
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News briefs
Many Americans are unaware of the vision damage caused by...
Many Americans are unaware of the vision damage caused by prolonged exposure to the sun's ultraviolet (UV) rays, according to The Vision Council's 2014 Sun Protection Survey. The Vision Council works to educate consumers on the benefits provided by the use of UV-protective sunglasses, a habit that only 46 percent ...
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News briefs
The Vision Council has formally announced that Ed Greene, who...
The Vision Council has formally announced that Ed Greene, who has been running the U.S.-based organization for nearly eight years, will retire in the late part of 2014. The recruitment of his successor is already in progress. Formerly called the Vision Council of America (VCA), the association has grown under ...
