Latest News Briefs – Page 317
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News briefs
The British company Sauflon Pharmaceuticals plans to build a £10...
The British company Sauflon Pharmaceuticals plans to build a £10 million (12.7m-$19.8m) contact lens manufacturing plant near Budapest with the help of an investment subsidy from the Hungarian government. The company plans to start with a production capacity of 100 million lenses per year, gradually growing to reach 350 million ...
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Werner Schulz, the German company previously acquired by INDO to...
Werner Schulz, the German company previously acquired by INDO to act as its German distributor, has been acquired by Optic Lens Technologies, an Austrian company that owns several other small suppliers of eyewear and lenses in Germany and Austria. The group is led by Thomas Beier, who worked for many ...
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Marchon, whose global sales are expected to grow to more...
Marchon, whose global sales are expected to grow to more than $500 million this year, has seen the territory covered by its 15-year-old Calvin Klein eyewear license extended to Japan, allowing the U.S. company to distribute the brand worldwide. The license for Japan was previously held by Nikon, which announced ...
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Gaetano Sciuto leaves the Carl Zeiss Vision group to go...
Gaetano Sciuto leaves the Carl Zeiss Vision group to go to LVMH. Appointed managing director of Carl Zeiss Vision Sunlens in 2006 after 8 years with the former SOLA International, Sciuto has resigned to fill the position of division manager for licenses & accessories at Fendi, a member of the ...
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Schneider, which makes ophthalmic and precision-optical surfacing machines, has named...
Schneider, which makes ophthalmic and precision-optical surfacing machines, has named Kurt Atchison to be president of Schneider Optical Machines in Carrrollton, Texas. The post had been vacant for some time. Atchison will be in charge of the North American business for this large German supplier of free-form lens generators and ...
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Carl Zeiss Vision and VSP Vision Care have paired up...
Carl Zeiss Vision and VSP Vision Care have paired up again to buy Tri-City Optical, a wholesale laboratory in Clearwater, Florida. Zeiss will be the majority shareholder of the business. A sale price was not released. Last year, the two businesses entered a similar deal to buy Perfect Optics in ...
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(€8.68bn-$13.54bn) in its health and beauty division, which includes Boots...
(€8.68bn-$13.54bn) in its health and beauty division, which includes Boots Opticians, and its profit margins went up substantially. Revenues for the whole group reached £15.30 billion (€19.39bn-$30.24bn), an increase of 4.8 percent from the year before. Group operating profit rose by 20.3 percent to £771 million (€977m-$1,524mn).
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News briefs
Carl Zeiss Vision would not confirm or deny a report...
Carl Zeiss Vision would not confirm or deny a report that it may go public soon. The company, shared between the Carl Zeiss group and the EQT fund, saw its sales grow by 9 percent to €447 million in the first half of its financial year, ended last March 31, ...
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News briefs
Rodenstock wants to play a stronger role in fashion with...
Rodenstock wants to play a stronger role in fashion with its frames, says Peter Littmann, the former Hugo Boss executive who is running the company on an interim basis. Rodenstock managed to increase its sales by 6.6 percent to €396.3 million last year, but in the first quarter of 2008 ...
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News briefs
INDO reports a 14 percent drop in total sales for...
INDO reports a 14 percent drop in total sales for the first quarter of 2008, down to €33,001,000, and attributes it mainly to the earlier Easter holidays and to falling consumption in the European markets where the Spanish company operates. Net earnings declined to €46,000 from €524,000 in the same ...
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News briefs
Net sales went up but that didn't keep Orange 21,...
Net sales went up but that didn't keep Orange 21, the maker of Spy Optic sunglasses and goggles, from reporting a loss for the first quarter of 2008 that ended on March 31. Net sales were up by 23.4 percent to $11.6 million. Sales in the USA made up 75 ...
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The owners of the Foster Grant brand will begin designing,...
The owners of the Foster Grant brand will begin designing, developing and selling Field & Stream Eyewear in an exclusive deal with the Field & Stream Licenses Company. FGX International's new collection will include performance sunglasses, styles designed especially for fishermen and non-prescription reading glasses. They will be sold in ...
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News briefs
Optical Master Club, the new Italian buying group established in...
Optical Master Club, the new Italian buying group established in January with 70 members, has done its first promotion operation, to support Siena-based Ottica Ricci. The group drew up a major multimedia marketing plan for the optician's two stores, consisting of a billboard campaign, ads in the local press, radio ...
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News briefs
German anti-trust authorities are conducting an investigation to determine whether...
German anti-trust authorities are conducting an investigation to determine whether Carl Zeiss Vision, Hoya, Rodenstock and other lens manufacturers have conspired to keep the recommended retail prices of their lenses artificially high. They have reportedly raided the offices of some of these companies and of ZVA, the German optical retailers' ...
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News briefs
The Greek Parliament has passed new legislation that allows optometrists...
The Greek Parliament has passed new legislation that allows optometrists to perform sight tests and to prescribe corrective eyewear, much as in the rest of Europe, except in France and Portugal. Their rights and obligations will be determined by the government, in consultation with the Greek Association of Opticians and ...
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News briefs
The European Sunglass Association revealed at its annual convention in...
The European Sunglass Association revealed at its annual convention in Treviso earlier this month that it has a commissioned a study on the effects of ultraviolet radiation on the human eye. The study will be presented at ESA's annual meeting at SILMO in Paris next October. It will be used ...
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Britain's Federation of Ophthalmic & Dispensing Opticians (FODO) has proposed...
Britain's Federation of Ophthalmic & Dispensing Opticians (FODO) has proposed to work more closely with other optical bodies, submerging some of its own identity for the common good. Paul Carroll, chairman of the association, proposed at its annual general meeting last month the establishment of a new Confederation of British ...
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News briefs
Johnson & Johnson, CIBA Vision and other major contact lens...
Johnson & Johnson, CIBA Vision and other major contact lens firms are coming back to the SILMO fair, scheduled to run this year from Oct. 30 to Nov. 2. This should help compensate for the pull-out of some Italian producers of eyewear frames that have been renting about 2 percent ...
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Reed Exhibitions and The Vision Council have set earlier new...
Reed Exhibitions and The Vision Council have set earlier new dates for the International Vision Expo West show in Las Vegas, starting in 2011, making it happen at the beginning of September instead of the beginning of October. The fair will run on Oct. 2-5 this year, on Oct. 1-3 ...
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News briefs
The organizers of Expo Abióptica, the Brazilian optical trade fair,...
The organizers of Expo Abióptica, the Brazilian optical trade fair, have announced that next year the show will be held three months earlier than usual, in April. The dates, April 2-5, are less than a month after MIDO, the large international exhibition in Milan. Expo Abióptica's organizers wanted Brazilian retailers ...
