Latest News Briefs – Page 286
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News briefs
Menicon Company has bought Tomey Company, a Japanese producer of...
Menicon Company has bought Tomey Company, a Japanese producer of contact lens care solutions, soft contact lenses and rigid gas permeable materials formerly owned by Tomey Shoji. Tomey had been the supplier of these materials for Menicon; now Menicon brings it all under its own control. Tomey is being renamed ...
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Rodenstock has sold the 13,000-square-meter land on which its historical...
Rodenstock has sold the 13,000-square-meter land on which its historical head office sits to a local real estate company in Munich at an undisclosed price. Acquired back in 1883, the property houses an old building that became too big after the sale of Rodenstock's precision optics and equipment businesses several ...
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20 Nuovi is the name of the company that has...
20 Nuovi is the name of the company that has taken over most of the assets of Intersol since this Italian producer of eyewear frames went into liquidation. When the company's assets were auctioned last year, the Paolillo group purchased the equipment and signed a management contract for its operations. ...
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News briefs
FGX International Holdings is now a wholly owned subsidiary of...
FGX International Holdings is now a wholly owned subsidiary of Essilor International. Essilor paid $19.75 per share in cash, for a total of about $575 million, which includes paying off about $115 million in debt. FGX will move its place of incorporation from the British Virgin Islands to Delaware, and ...
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Essilor International has signed an agreement with the Cinven Investment...
Essilor International has signed an agreement with the Cinven Investment Fund and Ginette Dalloz concerning Essilor's 15.05 percent stake in Sperian Protection. Subject to certain conditions, Cinven will launch a cash tender offer for Sperian Protection through Menelas France, a holding company under its control. Essilor will tender all of ...
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News briefs
The Italian government is about to come up with an...
The Italian government is about to come up with an aid package of €10 million for the Cadore eyewear district around Belluno, designed match investments of €16 million by the local eyewear producers over the 2010-12 period. The incentives would be granted to finance growth and modernization projects, the main ...
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A wholly owned subsidiary of Orange 21, Orange 21 North...
A wholly owned subsidiary of Orange 21, Orange 21 North America (O21NA) entered into a $3 million promissory note with one of the parent company's shareholders, Costa Brava Partnership III, effective March 23. The note is subordinated to O21NA's loan and security agreement with BFI Business Finance, pursuant to the ...
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News briefs
Marc Klein, 46, has been named new manager of the...
Marc Klein, 46, has been named new manager of the franchising operations of Lissac, the French optical retail chain controlled by Optic 2000, which presently federates 112 points of sale. He comes from the Alain Afflelou group, where he steered its network of franchises and participated in the development of ...
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Fred Hassan has been named chairman at Bausch & Lomb...
Fred Hassan has been named chairman at Bausch & Lomb as the current chairman and chief executive, Gerald M. Ostrov, steps down. Brent Saunders will take over as CEO and will join the board, but Ostrov will stick around as a consultant for the company. Hassan was the chairman and ...
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News briefs
VMail has reported that Andrea Dorigo will be taking over...
VMail has reported that Andrea Dorigo will be taking over as head of the wholesale division of Luxottica Group in North America, effective May 1. Dorigo would be moving to the job from his position as wholesale director for northern Europe. He would be replacing Pierre Fay, who is leaving ...
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News briefs
James Kirchner is the new chief professional strategies officer for...
James Kirchner is the new chief professional strategies officer for Eyefinity/OfficeMate, one of the companies of VSP Global. One his roles will be to oversee an advisory panel on the development of software business solutions. Kirchner, an optometrist for 33 years, founded EyeCare Specialties, a practice in Nebraska.
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News briefs
Karyn Alevey joins REM Eyewear as sunwear director, servicing the...
Karyn Alevey joins REM Eyewear as sunwear director, servicing the crucial New York market after ten years with the Saks Fifth Avenue department store. In another initiative, REM has redesigned its website and joined the social networks Facebook and Twitter, where it welcomes new followers. Further exploiting modern technology, its ...
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News briefs
The Kenmark Group has welcomed Cynthia McWilliams as its new...
The Kenmark Group has welcomed Cynthia McWilliams as its new vice president for corporate sales. She was previously vice president for key account sales at Luxottica.
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News briefs
Graham Lockie has been named global sales manager for disposable...
Graham Lockie has been named global sales manager for disposable lens products at Menicon. He previously ran his own consulting company for optical businesses, having left Clearlab in 2007 when the Japanese contact lens producer bought it.
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News briefs
Michael Ness is the new president of Hoya Lens of...
Michael Ness is the new president of Hoya Lens of America, a division of Hoya Vision Care North America. His most recent position was as vice president for sales and marketing at Vision-Ease Lens, which he held from 2002 until February 2009. Earlier in his career he was an executive ...
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News briefs
HVHC, the vision unit of Highmark, reached sales of $1.3...
HVHC, the vision unit of Highmark, reached sales of $1.3 billion in 2009, and its net income grew by 17.5 percent to $44.9 million. The unit comprises Eye Care Centers of America, Empire Vision, Davis Vision and Viva International.
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The Italian sports eyewear and goggle manufacturer Salice increased sales...
The Italian sports eyewear and goggle manufacturer Salice increased sales to €5.1 million in 2009 from €4.4 million a year earlier, largely thanks to the development of the brand in the domestic market. Italian sales jumped to €3.3 million from €2.7 million and international revenues increased to €1.8 million from ...
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News briefs
Iconix Brand Group, through its new joint venture MG Icon...
Iconix Brand Group, through its new joint venture MG Icon with Madonna and Guy Oseary, are launching a collection of designer accessories called MDG. It consists of sunglasses designed by the pop star along with Domenico Dolce and Stefano Gabbana. It is Dolce & Gabbana's first-ever co-branded project. Luxottica will ...
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News briefs
Luxottica and Retail Brand Alliance have extended their licensing agreement...
Luxottica and Retail Brand Alliance have extended their licensing agreement for Luxottica to design, manufacture and distribute Brooks Brothers brand prescription frames and sunglasses. Run by Claudio del Vecchio, son of Leonardo del Vecchio, the major shareholder of Luxottica, Retail Brand Alliance owns Brooks Brothers. The extension runs through 2014 ...
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Bentley has launched a new line of limited-edition sunglasses by...
Bentley has launched a new line of limited-edition sunglasses by Estede, the Austrian eyewear company, with the help of designers from Crewe, a British brand. The line, called Estede for Bentley, uses materials such as 18-karat gold and platinum. A silver version costs about $1,900; gold runs about $5,500. The ...
