Latest News Briefs – Page 295
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News briefs
The distribution agreement between Maui Jim and Luxottica has come...
The distribution agreement between Maui Jim and Luxottica has come to an end in what Maui Jim's vice president for marketing, Chris Abbruzzese, called an ?amicable? split. Maui Jim's 200 products will still be available in more than 15,000 other independent and chain stores. Sunglass Hut and other retail stores ...
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News briefs
Match Eyewear is the new licensee for Adrienne Vittadini LLC...
Match Eyewear is the new licensee for Adrienne Vittadini LLC sunwear and prescription glasses, and includes the brands Adrienne Vittadini and Vittadini. The deal takes effect next Jan. 1 and runs for seven years. Adrienne Vittadini is owned by Schottenstein Luxury Group. The collection will first be available in February ...
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News briefs
De Rigo Vision and Ermenegildo Zegna have renewed their licensing...
De Rigo Vision and Ermenegildo Zegna have renewed their licensing agreement for the design, production and worldwide distribution of sunglasses and vision frames for Ermenegildo Zegna Eyewear. The collaboration dates back to 2005. Zegna's lines for sunglasses and vision frames will be sold in opticians' stores in addition to the ...
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News briefs
The optical and specialty materials division of PPG Industries had...
The optical and specialty materials division of PPG Industries had an 11 percent drop in sales to about $267 million on lower sales volumes for the third quarter of 2009. Earnings in that segment grew by $6 million, however, thanks to lower costs. This division, combined with PPG's coatings segment, ...
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News briefs
Johnson & Johnson Vision Care had a 1.1 percent increase...
Johnson & Johnson Vision Care had a 1.1 percent increase in global sales, with growth of 1.2 percent outside the U.S. For the first nine months of 2009, the division's revenues were down by 1.4 percent to $1.89 billion. Overall, J&J had third-quarter turnover down by 5.3 percent to $15.1 ...
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News briefs
A.T. Cross Company, the parent of Native Eyewear, has reported...
A.T. Cross Company, the parent of Native Eyewear, has reported a 12.4 percent decline in consolidated net sales for the third quarter ended Oct. 3 to $34.1 million. Net income fell by 47.4 percent to $926,000. Cross Optical Group sales grew by 5 percent. In the nine months, net sales ...
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News briefs
Oakley increased its third quarter dollar-denominated sales by 9 percent...
Oakley increased its third quarter dollar-denominated sales by 9 percent year-on-year thanks to positive growth at the optics division and the apparel, footwear and accessories (AFA) division. The company said that it enjoyed positive growth in all regions and revenues in the U.S., Brazil and Canada booked a double-digit increase. ...
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News briefs
The Altagamma foundation released a survey on the global luxury...
The Altagamma foundation released a survey on the global luxury goods sector, carried out by Bain & Company, forecasting an 8 percent drop in revenues this year at constant currency rates, to €153 billion from €167 billion in 2008. The sector should recover in 2010, increasing sales by 1 percent ...
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News briefs
Malakoff Méderic, a French company whose executive director is Guillaume...
Malakoff Méderic, a French company whose executive director is Guillaume Sarkozy, the brother of French President Nicolas Sarkozy, is planning to create a closed network of 3,000 affiliated opticians. Malakoff Méderic is a group of health insurers with around 3 million clients. The project is to be launched in April ...
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News briefs
Alcon has signed a licensing deal with Potentia Pharmaceuticals to...
Alcon has signed a licensing deal with Potentia Pharmaceuticals to develop that company's POT-4 drug to treat age-related macular degeneration. If Alcon decides to continue development of the drug, a separate agreement will allow it to buy the share of Potentia at certain conditions. Alcon will pay royalties to Potentia's ...
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News briefs
Mary-Kate and Ashley Olsen, the twin actresses and fashion icons,...
Mary-Kate and Ashley Olsen, the twin actresses and fashion icons, have designed their own line of sunglasses in a licensing deal with Linda Farrow Eyewear. The first collection will have four styles: metal aviator, oversized squares, vintage-inspired browline rims and '60s-style round frames. The eyewear will come out under their ...
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News briefs
Gucci has launched a new collection of sunglasses called Gucci...
Gucci has launched a new collection of sunglasses called Gucci Eyeweb, created by the Italian designer Frida Giannini and produced by Safilo. The line currently has two models, one for men and another for women, with six different colors. Three other models are scheduled for the spring. The collection is ...
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News briefs
At the annual conference of the Association of British Dispensing...
At the annual conference of the Association of British Dispensing Opticians (ABDO), the members decided not to change the group's name to the Association of British Registered Opticians. A member had proposed the change and the executive committee advised against it in September, but left it up to the members. ...
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News briefs
Highray Enterprises, a Sri Lankan company, is the first from...
Highray Enterprises, a Sri Lankan company, is the first from outside the U.K. and with no presence in the U.K. to sign up to join the Federation of Manufacturing Opticians. Highray includes 12 practices and a manufacturing lab, and says it wants to learn more about how the U.K. optical ...
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News briefs
Made4U, a project funded by the European Union to compile...
Made4U, a project funded by the European Union to compile information on the European optics business, is asking industry professionals to answer some questions in an online survey in order to determine the relevance of innovative personalization technologies and strategies to bring them to the market. Geared mainly toward small ...
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News briefs
Optic 2000 is offering 40,000 frames to its clients as...
Optic 2000 is offering 40,000 frames to its clients as part of its 40th anniversary. For 40 days, for each purchase of two anti-reflective lenses, costing a minimum amount of €90 for single- vision and €230 for progressive lenses, the company is offering a free frame from a large selection, ...
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News briefs
An independent wholesale optical laboratory in Washington State has filed...
An independent wholesale optical laboratory in Washington State has filed a complaint with state officials and the U.S. Federal Trade Commission over VSP's recent announcement that it was going to cut the number of labs in its nationwide contract network. Nouveau Vision claims that reducing the network violates insurance code ...
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News briefs
Native Eyewear will sponsor the actor Edward Norton and his...
Native Eyewear will sponsor the actor Edward Norton and his team of runners as they participate in the New York City Marathon this Sunday, Nov. 1. Norton will run with 30 team members and three Maasai warriors, and the proceeds of the sponsorship are meant to benefit the Maasai Wilderness ...
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News briefs
CooperVision has launched a new search function on its website...
CooperVision has launched a new search function on its website that will allow eye care professionals to find the CooperVision contact lens that is best for their patients. They enter the patient's prescription or component of a prescription and hit «search.» The tool automatically scans through CooperVision's portfolio of lenses ...
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News briefs
Essilor, Rodenstock and Vuillet Vega have all won awards from...
Essilor, Rodenstock and Vuillet Vega have all won awards from the Centrale des Opticiens (CDO), the French optical group, for the quality of their services. A total of six spectacle manufacturers and six manufacturers of lenses were recognized by the CDO and its director, Fabrice Masson, at an event organized ...
