Latest News Briefs – Page 323
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News briefs
UltraVision's two top executives ? J. Keith Lomas, group chief...
UltraVision's two top executives ? J. Keith Lomas, group chief executive officer, and John Clamp, group chief operating officer ? have taken back the reins of the British contact lens group after Nick Loan resigned at the end of a 12-month mandate as managing director. He had been appointed to ...
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News briefs
Essilor has acquired controlling majority interests in two British prescription...
Essilor has acquired controlling majority interests in two British prescription laboratories, Sinclair Optical Services and United Optical, and acquired three more labs in the USA ? Premier Optics, Gold Optical Enterprises and GK Optical. Based in Gloucester, England, Sinclair has annual sales of €8 million. United Optical is based in ...
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News briefs
Essilor cancelled 700,000 shares last Nov. 21 to offset the...
Essilor cancelled 700,000 shares last Nov. 21 to offset the dilutive impact of the company's stock option and performance share programs. Authorized by its board of directors at the end of 2006, these programs call for granting 930,740 stock options and 576,264 performance shares to its employees, potentially leading to ...
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News briefs
While divesting large chunks of its automotive glass, fine chemicals...
While divesting large chunks of its automotive glass, fine chemicals and fiber glass businesses, PPG Industries is making its larges acquisition to date by paying $2.2 billion for SigmaKalon, a Dutch-based supplier of coatings with annual sales of $2.6 billion. With this transaction, coatings and optical and specialty materials will ...
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News briefs
3M has agreed to acquire Aearo Technologies for $1.2 billion...
3M has agreed to acquire Aearo Technologies for $1.2 billion through a combination of cash and other borrowings. Aearo, a major producer of personal protection and energy-absorbing products, is owned by funds advised by Permira, a leading global private equity firm, and company management. 3M is hoping that the acquisition ...
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News briefs
Eye Care Centers of America made total revenues of $122.9...
Eye Care Centers of America made total revenues of $122.9 million in its 3rd quarter, ended on Sept. 29, up from $114.4 million in the same quarter of the previous year. Marking the company's 17th consecutive quarter of growth, sales on a same-store basis rose by 6.5 percent. The chain, ...
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News briefs
For the third quarter ended Sept. 30, Shamir Optical Industry's...
For the third quarter ended Sept. 30, Shamir Optical Industry's revenues increased by 28.5 percent to $30.9 million compared with the same period in 2006. Gross profit for the progressive lens maker increased by 25.3 percent to $16.2 million, or 52.3 percent of revenues Shamir's operating income went up by ...
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News briefs
Gerber Scientific saw a drop in net income for the...
Gerber Scientific saw a drop in net income for the second quarter of fiscal year 2008, reporting $2.5 million on revenue of $160.7 million, compared with net income of $3.7 million on revenue of $145 million for the same period last year. Foreign currency translation essentially increased revenue by $8.4 ...
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News briefs
FGX International has voluntarily recalled some styles of its children's...
FGX International has voluntarily recalled some styles of its children's sunglasses, representing around 25 percent of its children's sunwear line, after company testing revealed that they contained lead paint surpassing allowable limits. The recall has been handled in cooperation with the US Consumer Product Safety Commission. However, the company says ...
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News briefs
Vision Monday has redesigned its website, along with its VMail...
Vision Monday has redesigned its website, along with its VMail online news service. The site has reorganized its contents for easier searches and includes the industry's first video channel. It has added a downloadable version of the most recent print issue. VMail will still deliver information to subscribers' in-boxes, and ...
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News briefs
International Vision Expo's show management has reported that 13,210 people...
International Vision Expo's show management has reported that 13,210 people visited Vision Expo West, which took place in Las Vegas last Oct. 3-6, just slightly up from 13,180 visitors last year. Of the total, 4,471 were attending the conference while 8,681 were visiting the exhibition hall. Deborah Malakoff, the Vision ...
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News briefs
Attendance at the Hong Kong Optic Fair last Nov. 6-8...
Attendance at the Hong Kong Optic Fair last Nov. 6-8 grew by 5.7 percent to 10,594 visitors. Two-thirds of them came from abroad and 8.7 percent were Europeans. Now in its 15th year, the show hosted 544 exhibitors, 2 percent more than last year.
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News briefs
Organized for the first time by GMH, the Opti München...
Organized for the first time by GMH, the Opti München trade show in Munich will have a separate hall where young designers will present their ranges, like the fairs in Milan and Paris, at its next edition on Jan. 11-13. Expert speakers will make short presentations (in German) in Hall ...
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News briefs
In order to promote its ?2nd free pair? eyewear campaign,...
In order to promote its ?2nd free pair? eyewear campaign, Optic 2000 has spent €10 million on an advertising campaign that is filmed on a Californian highway, featuring Johnny Halliday on the road to a blues concert, sporting sunglasses with a skull and crossbones on each stem. The commercials will ...
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News briefs
Alain Afflelou will open its first optical store in Portugal...
Alain Afflelou will open its first optical store in Portugal within the next few weeks. It will be located in Leiria, a town with 110,000 inhabitants, and will measure 100 square meters. Portugal is the 8th foreign country where the French franchisor will have a presence. It already has 200 ...
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News briefs
Alain Mikli International appointed a few months ago a general...
Alain Mikli International appointed a few months ago a general manager, François Le Menaheze, taking over many of the responsibilities of Alain Mikli. The famous French designer is concentrating more on design and design coordination, and spending more time in his apple farm. Le Menaheze, who previously spent six years ...
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News briefs
Optigen, the Italian supplier of flexible eyewear components, has developed...
Optigen, the Italian supplier of flexible eyewear components, has developed a new technology that allows it to handle more complex geometries, while leaving the general look of the frames. One of the results has been, for example, the development by Safilo of a new Dior Sport snow goggle with retractable ...
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News briefs
Matthieu Clodong has joined Groupe L'Amy as the new single...
Matthieu Clodong has joined Groupe L'Amy as the new single manager of LIKA, the company's division in charge of its house brands. He has previously served for Bourgeois when he served there as finance director. The division was previously co-managed by a veteran of the French company, Anne Bonaventure, and ...
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News briefs
Daniel G. Mc Bride has been promoted as vice president...
Daniel G. Mc Bride has been promoted as vice president and general counsel for The Cooper Companies. He joined in 2005 as senior counsel and added the title of vice president in the following year, becoming also vice president and general counsel for the group's CooperVision subsidiary.
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News briefs
Frédéric Magnen, who has been in charge of purchasing for...
Frédéric Magnen, who has been in charge of purchasing for Essilor in Europe, has been placed in charge of the group's large instruments division. He replaces Alain Héry who has become assistant manager of the purchasing division of the whole group.
