Latest News Briefs – Page 242
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News briefs
Silmo is launching a fresh, new advertising campaign to attract...
Silmo is launching a fresh, new advertising campaign to attract new generations of opticians to see the new collections, check new trends and new technologies, and meet professionals. It makes use of vibrant colors and young characters wearing trendy glasses. The spirit and the visuals of the campaign were showcased ...
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News briefs
Alain Afflelou, the optician and former controlling shareholder of the...
Alain Afflelou, the optician and former controlling shareholder of the French optical retail chain bearing his name, has gone on record as saying that he plans to buy back some of the shares in the company and to hand out others to members of the management. He currently owns 23 ...
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News briefs
As part of its efforts to expand in Italy and...
As part of its efforts to expand in Italy and throughout Europe, Marchon Group has opened a new marketing and brand management subsidiary, Marchon MB, in Treviso, Italy. This follows the opening of a distribution center in Fortogna and the expansion of its Style Center and production departments in Puos ...
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News briefs
Essilor has acquired majority stakes in two Chinese companies as...
Essilor has acquired majority stakes in two Chinese companies as part of its efforts to develop its business there. It bought into Jiangsu Youli Optics Company, a maker of ophthalmic lenses based in Danyang that has about 1,000 employees in its three production facilities. Essilor also took a majority stake ...
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News briefs
About 115 Davis Vision employees in Newtown Square, Pennsylvania, ended...
About 115 Davis Vision employees in Newtown Square, Pennsylvania, ended their nearly month-long strike on Feb. 18 after their union accepted a new contract. Union representatives said the vote on the contract, which emphasizes quality as a daily goal, was overwhelmingly in favor.
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News briefs
The Vision Council in the U.S. has absorbed the Optical...
The Vision Council in the U.S. has absorbed the Optical Laboratories Association (OLA), which will now be called the Optical Lab Division of The Vision Council. The merger has been in the works for a while, with a letter of intent signed in January 2010 and a letter of agreement ...
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News briefs
VSP Global has acquired majority stakes in two wholesale prescription...
VSP Global has acquired majority stakes in two wholesale prescription laboratories that it owns with Carl Zeiss Vision. VSP bought out some of the management team's shares in Perfect Optics of Vista, California, which has prescription sales of $12 million. It also took a majority interest in CZV Florida in ...
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News briefs
Jobson Medical Information Holdings, the American company that produces Vision...
Jobson Medical Information Holdings, the American company that produces Vision Monday and other publications and market studies through its Jobson Optical Group, has announced an agreement with the majority of its lenders to amend and extend its credit facility and strengthen its balance sheet through a “pre-packaged” plan of Chapter ...
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News briefs
Luxottica has assigned 1,505,400 shares to 31 beneficiaries of its...
Luxottica has assigned 1,505,400 shares to 31 beneficiaries of its “performance share plan” after achieving the combined earnings per share target set for the 2009-2011 period. Luxottica's board has also approved the issuance of up to €500 million in long-term notes to institutional investors by the end of this year. ...
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News briefs
Orange 21 has changed its name back to Spy Inc.,...
Orange 21 has changed its name back to Spy Inc., with effect from Feb. 15, after merging with its Spy Optics subsidiary. The move follows the management's decision to concentrate on its core Spy brand of glasses. It pulled out of its Italian laboratory, LEM, at the end of 2010. ...
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News briefs
The board of directors of Marcolin S.p.A. has approved a...
The board of directors of Marcolin S.p.A. has approved a December agreement making Giovanni Zoppas the company's new chief executive and general manager. Zoppas, who does not own any Marcolin stock, replaced Massimo Saracchi, director, who resigned at the same meeting.
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News briefs
Jon Jacobs has been appointed commercial director at Fabris Lane,...
Jon Jacobs has been appointed commercial director at Fabris Lane, running a team that is managing the company's high-street retail portfolio. On the other hand, Carl Branigan, a member of the company's European opticians team, has left to join Magimix. Jacobs has worked for several companies before including Marks & ...
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News briefs
Live Eyewear of San Louis Obispo, California, has appointed Quint...
Live Eyewear of San Louis Obispo, California, has appointed Quint Stevens as creative director. Stevens brings more than 25 years of experience with companies such as Saatchi & Saatchi and Patagonia to Live Eyewear, which markets the OveRx and Cocoons brands.
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News briefs
Ogi Eyewear, a U.S. producer of frames and sun eyewear...
Ogi Eyewear, a U.S. producer of frames and sun eyewear based in Minneapolis, is now distributing its products direct on the Canadian market, rather than through Ogi Canada, the independent distributor that was selling Ogi eyewear in Canada until recently. Joe Tallier, Ogi Eyewear's vice president for global sales, is ...
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News briefs
Concept Eyewear, a Canadian distributor – not to be confused...
Concept Eyewear, a Canadian distributor – not to be confused with the Hong Kong-based Chinese company Concept Eyewear Manufacturer – will distribute and market Variation Design eyewear in Canada, but not in Quebec. This French producer exports its V. Design and V. Design Kids labels to a total of 20 ...
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News briefs
Occhibelli Group, the buying group in Northern Italy, met its...
Occhibelli Group, the buying group in Northern Italy, met its goal last year of adding 100 members to its total, now more than 350, making it the most important purchasing group in the northern part of the country. It says that it has avoided losing members by offering high-added-value services ...
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News briefs
Coastal Contacts of Vancouver says it has set a new...
Coastal Contacts of Vancouver says it has set a new service record by shipping prescription eyeglasses to customers within one day – 0.7 days, to be exact – of the order being placed. It can do this thanks to its own in-house manufacturing facility, which is open 24 hours a ...
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News briefs
A British appellate court has affirmed a ruling in favor...
A British appellate court has affirmed a ruling in favor of Specsavers, saying that the claim of “spec savings at Asda” by that supermarket infringed on Specsavers' trademark. Specsavers says it will pursue a claim for damages.
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News briefs
In a preliminary statement, Hal Holding says that its optical...
In a preliminary statement, Hal Holding says that its optical retail subsidiaries raised their sales by 0.1 percent in 2011 on a constant-currency and same-store basis, compared with an increase of 0.3 percent in 2010. Including other properties, Hal's total net asset value went up last year by 2.4 percent ...
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News briefs
Comprising the Costa and Native brands of sunglasses, the Cross...
Comprising the Costa and Native brands of sunglasses, the Cross Optical Group of A.T. Cross Company reported a 12.0 percent increase in revenues to $12.8 million in the fourth quarter ended last Dec. 31. For the full year, the segment's revenues increased by 19.8 percent to $72.5 million in 2011, ...
