Latest News Briefs – Page 332
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News briefs
Singulus Technologies is presenting its inline ophthalmic lens coating machine,...
Singulus Technologies is presenting its inline ophthalmic lens coating machine, called Opticus, at MIDO (booth E30 in Hall 6). It is the first time that this machine is being shown operating at a trade show. The first Opticus machine qualified for production last December and three other machines were delivered ...
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News briefs
Optixx has announced a licensing and distribution agreement with Vision-Ease...
Optixx has announced a licensing and distribution agreement with Vision-Ease Lens that gives the U.S. company exclusive rights to distribute the direct-surfaced and traditionally surfaced progressive lenses designed by the Swiss company in the USA, Canada and Mexico. Vision-Ease will also have non-exclusive rights in several other countries.
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News briefs
Following on from its success in the UK, Hilco is...
Following on from its success in the UK, Hilco is looking for partnerships in other European countries such as Germany, Spain and Italy. Hilco made a turnover of over $60 million for the financial year of 2006, which ended on Dec. 31, and is aiming for a turnover of $66 ...
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News briefs
Uvex' sales increased in 2006 by 5.3 percent to €275,7...
Uvex' sales increased in 2006 by 5.3 percent to €275,7 million. While the company's work protection business raised its turnover by 8.6 percent to €185.5 million, the sports branch, trading under the brands Uvex, Alpina and Filtral, had a slight decrease down to €90 million. Uvex still has a strong ...
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News briefs
Signature Eyewear has sold 300,000 shares of common stock to...
Signature Eyewear has sold 300,000 shares of common stock to Ashford Capital, along with warrants to purchase up to 300,000 shares of stock for an aggregate purchase price of $206,250 plus a $125,000 note due on May 15, 2010. In line with the agreement, Ashford has vowed not to buy ...
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News briefs
Novartis' consumer health division, which includes CIBA Vision, reported sales...
Novartis' consumer health division, which includes CIBA Vision, reported sales growth of 9 percent to $1.7 billion in the 1st quarter. In local currencies, turnover for this segment was up by 6 percent. The company said that CIBA Vision made progress in the quarter in improving supplies of contact lens, ...
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News briefs
Alcon's total sales grew by 14.3 percent to $1,322.7 million...
Alcon's total sales grew by 14.3 percent to $1,322.7 million in the 1st quarter, or by 12.0 percent on a currency-neutral basis. The gross margin slid by 1.5 percentage points to 73.6 percent of sales. Operating income rose by 17.7 percent to $403.1 million, and excluding an extraordinary pre-tax charge ...
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News briefs
The first ever in-flight eyewear fashion show has been organized...
The first ever in-flight eyewear fashion show has been organized by ANFAO, the Italian optical manufacturers' association, and by ICE, the Italian institute for foreign trade, for the benefit of a group of journalists representing the American consumer press. Presenting more than 100 styles by more than 50 Italian companies, ...
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News briefs
The organizers of Optrafair say the biannial British show had...
The organizers of Optrafair say the biannial British show had virtually identical attendance as the 2005 show, when 11,665 visitors were recorded. Held on Apr. 21-23 at the National Exhibition Centre near Birmingham, the fair featured 245 stands representing 218 exhibitors, as compared to 217 stands and 191 exhibitors in ...
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News briefs
As North America represents the French company's major market, accounting...
As North America represents the French company's major market, accounting for nearly one-third of its sales, Lafont celebrated 20 years of business at Vision Expo East in New York a few weeks ago with 20 banners displaying the company's top-selling frame for each year of business, as well as with ...
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News briefs
The ?Vision Care for Kids Act of 2007? was introduced...
The ?Vision Care for Kids Act of 2007? was introduced for debate in the U.S. Senate on Apr. 18. It was already introduced in the House of Representatives earlier this year. The bill aims to provide children with any needed vision care after being identified as having a potential vision ...
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News briefs
Alliance Boots is reportedly holding out for a higher takeover...
Alliance Boots is reportedly holding out for a higher takeover bid after seeing its shares soar following a £9.7 billion (€14.3m-$19.1m) friendly bid from its deputy chairman, Stefano Pessina, and a large private equity firm, Kohlberg Kravis Roberts (KKR). The board of Alliance Boots thinks that the offer ?did not ...
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News briefs
To the relief of optical practitioners in Great Dunmow in...
To the relief of optical practitioners in Great Dunmow in Essex, Tesco's local supermarket has been granted permission to enlarge its store on the condition that it does not use the extra space to open an optical outlet or to offer any other services that may harm local businesses. The ...
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News briefs
Three months after the arrival of a new partner from...
Three months after the arrival of a new partner from Italy and another one from Spain, the Italian-based retail joint venture between Optotrades and Free Optik known as F&O gets another new Italian partner, taking the total number of affiliated outlets to 700. The new member is Altolivello, another buying ...
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News briefs
Alain Afflelou reports a net profit of €13.9 million for...
Alain Afflelou reports a net profit of €13.9 million for the six months ended last Oct. 31, up by 6.9 percent on a comparable basis. The French franchisor's revenues grew by 14.3 percent to €79.4 million, generating a gross profit of €40.4 million. Excluding company-owned stores, which had sales of ...
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News briefs
Optical Discount's 42 stores in France made at turnover of...
Optical Discount's 42 stores in France made at turnover of €16 million in 2006, up by 32.4 percent from 2005. The franchisor's turnover rose by 44.7 percent, but on a same-store basis its sales were up by 4.2 percent. The group is aiming for a turnover of €18 million in ...
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News briefs
Seventy new points of sale joined the Rev group in...
Seventy new points of sale joined the Rev group in 2006, bringing the total number of its retail outlets up to 370. The French group plans to have 500 outlets by the end of 2007. Kiavue, Rev's company, is due to create 20 new stores in 2007, 10 of which ...
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News briefs
A group of American industry veterans is planning to open...
A group of American industry veterans is planning to open 12-14 optical retail shops for sunglasses and prescription eyewear in Macau, while exploring opportunities in other regions of Southeast Asia, according to Vision Monday. Called the Lunettes Group, it is headed by Marvin Freedman and his wife Jessica, who opened ...
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New management changes are taking place at Rodenstock. Ludger Vonnahme,...
New management changes are taking place at Rodenstock. Ludger Vonnahme, who had been appointed in July 2006 as finance manager, paving the way for the subsequent change of ownership, is leaving the company. Giancarlo Galli, chief executive, is taking over his functions on an interim basis. Also Dieter Meier, another ...
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News briefs
Carl Zeiss Vision has named Frederick Howard president and general...
Carl Zeiss Vision has named Frederick Howard president and general manager of the Americas, replacing Barry Pacham, who was recently appointed as executive vice president of global operations, a newly created role. Howard was previously senior vice president for North America at Procter & Gamble. Both Howard and Pacham will ...

