Latest News Briefs – Page 293
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News briefs
Visottica, an Italian producer of various types of metal components,...
Visottica, an Italian producer of various types of metal components, has decided close its plant located at Nimis near Udine, which specializes in the manufacture of temples and other metal eyewear parts. Achille Rechello, the chief executive, has requested the assistance of the Italian government to protect the company's 62 ...
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News briefs
A major fire swept through a manufacturing facility of Vision-Ease...
A major fire swept through a manufacturing facility of Vision-Ease Lens in Jakarta, Indonesia, on Nov. 10. All employees were evacuated and no one was hurt; the plant is being assessed for damage. For the moment, order fulfillment and manufacturing will be moved to the company's factory in Minnesota. Updates ...
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News briefs
Unilens Vision plans to buy back almost 2.2 million shares...
Unilens Vision plans to buy back almost 2.2 million shares of its common stock from its largest stockholder, Uniinvest Holding AG, a Swiss company that is currently in liquidation. The securities make up about 48 percent of outstanding shares, and will cost about $69 million. Unilens has a five-year loan ...
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News briefs
The Healthy Eyes for Life Foundation, an American group, has...
The Healthy Eyes for Life Foundation, an American group, has named R. Michael Daley president starting Dec. 1. Daley retired in 2008 from the U.S. lens division of Essilor of America, where he was president and chief operating officer.
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News briefs
Aureola Inspecs India, a local joint venture of the British...
Aureola Inspecs India, a local joint venture of the British Inspecs group, has unveiled a three-year licensing deal with MTV for a new eyewear line. The deal concerns two lines of sunglasses and prescription frames that will bear the brand ?Framed by MTV.» One of them is inspired by «Roadies,» ...
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News briefs
Italia Independent has signed an agreement with Alfa Romeo to...
Italia Independent has signed an agreement with Alfa Romeo to design, produce and distribute an eyewear collection to celebrate the 100th anniversary of the automotive brand next year. The Alfa Romeo Centenary Edition will consist of three models of sunglasses and will be available in a selected number of stores ...
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News briefs
For his last women's ready-to-wear collection for Gilmar, an Italian...
For his last women's ready-to-wear collection for Gilmar, an Italian fashion brand, Giambattista Valli has collaborated with Italia Independent, founded by Lapo Elkann, on eyewear models. Valli's last collection for Gilmar is for spring/summer 2010; he will be succeeded by the Gruppo Burani. The models will be sold in a ...
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News briefs
After its recent restructuring, Area has signed a new agreement...
After its recent restructuring, Area has signed a new agreement for the Spanish market with Nova Optica, which already distributed some of the company's brands, before Coco Song went over to Tesmo. The new contract concerns the distribution of the Oliviero Contini and K:Actor brands to Spanish opticians and chains. ...
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News briefs
Shamir Optical Industry has reported unaudited sales that ticked up...
Shamir Optical Industry has reported unaudited sales that ticked up by 0.3 percent to $36.2 million for the third quarter ended Sept. 30. The gross profit margin rose by 1.9 percentage points to 54.6 percent. Operating income grew by 64.3 percent to $4.8 million, and net income increased by 67.7 ...
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News briefs
The parent company of Spy Optic suffered a 26.7 percent...
The parent company of Spy Optic suffered a 26.7 percent drop in sales to $8.8 million for the third quarter ended Sept. 30. Orange 21 recorded a net loss of $1.1 million, compared with net income of $6,000 in the same quarter last year. The 2009 figure included a $0.7 ...
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News briefs
Seiko has reported a downturn in its optical products business...
Seiko has reported a downturn in its optical products business for the first half ended Sept. 30, with net sales down by 10 percent to ¥12.6 billion (€97.0m-$145.8m). The operating loss for the segment was ¥0.3 billion (€2.3m-$3.5m), a worsening from the zero operating income reported for the same period ...
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News briefs
Eye care products gave a boost to Allergan, as third-quarter...
Eye care products gave a boost to Allergan, as third-quarter sales in that division grew by 4.8 percent to $535.1 million, an 8 percent increase in constant currencies. The growth for the overall company was 4.2 percent to $1.13 billion, a 7 percent increase on a currency-neutral basis. Net earnings ...
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News briefs
As Specsavers continues its rapid expansion in Australia, it has...
As Specsavers continues its rapid expansion in Australia, it has increased its sales projections for this year in the country to 250 million Australian dollars (€151.1m-$226.6m), up from a forecast of A$200 million. In the next year, it plans to hire about 1,000 people to keep up with its growing ...
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News briefs
Rodenstock has developed a new range of back-side progressive lenses,...
Rodenstock has developed a new range of back-side progressive lenses, called Progressive Life Free, which it says will widen the field of vision, better matching the lens to the eye. Rodenstock also says the lenses increase quality and sharpness of vision and are less tiring, and have less deformation. The ...
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News briefs
Luxottica and Safilo ranked, respectively, as the best and third-best...
Luxottica and Safilo ranked, respectively, as the best and third-best improvers of their corporate website sites among Italian groups, according to the H&H Webranking 2009 Italy released by the Swedish financial communications group Hallvarsson & Halvarsson. The restyling of the websites of the Italian eyewear companies enabled Luxottica to gain ...
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News briefs
A new international standard for mounted lenses will come into...
A new international standard for mounted lenses will come into effect next Feb. 1 in the European Union. British officials note that the new standard is bringing three major changes to a British standard that has been in effect since 1956, while many other EU member countries have not had ...
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News briefs
Laser 2000 has introduced the new Cox engraving system for...
Laser 2000 has introduced the new Cox engraving system for plastic lenses. Whereas before there was the inexpensive but lower-quality CO2 systems or the high-quality but pricey Excimer-based systems, Laser 2000 says that Cox is the perfect mix of the two, giving Excimer-quality work for a fraction of the cost. ...
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News briefs
To mark its 30th anniversary, Lafont has launched a new...
To mark its 30th anniversary, Lafont has launched a new collection called 30 ans à Paris, meaning 30 Years in Paris, which is intended to reflect the colors, originality and French savoir-faire of the family-run company. The collection comprises 24 new models, 16 of which have been exclusively made in ...
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News briefs
Essilor, Lunettes de France and Pierre Kuhni Opticiens' stores in...
Essilor, Lunettes de France and Pierre Kuhni Opticiens' stores in the Jura region in eastern France have joined forces to launch a four-week-long advertising campaign stressing that their products are made in France. The campaign runs through Dec. 12. Its aim is to encourage wearers and opticians to support French ...
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News briefs
VSP Vision Care is looking into introducing low-cost eye care...
VSP Vision Care is looking into introducing low-cost eye care for people who work for VSP's managed-vision clients in the U.K. As it talks with optometrists about the plan, the American company, which recently bought Marchon, has launched a website for eye care professionals in the country where they can ...
