Latest News Briefs – Page 343
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News briefs
A Queen's Award for Enterprise went to James Robinson Ltd.,...
A Queen's Award for Enterprise went to James Robinson Ltd., a British chemicals manufacturing company, rewarding it for the innovative aspects of a range of patented photochromic dyes developed for use in ophthalmic lenses and marketed under the Reversacol brand. Queen Elizabeth of England gives the award every year to ...
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News briefs
Claiming that no product is able to provide 100 percent...
Claiming that no product is able to provide 100 percent protection against UV rays, the EU commissioner for health, Markos Kypryanov, has drawn up a document asking the industries that produce sun protection products ? ranging from sun cream to sunglasses ? to improve their labeling and instruction leaflets to ...
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News briefs
The Optical Laboratories Association (OLA) of the USA has agreed...
The Optical Laboratories Association (OLA) of the USA has agreed to act as co-sponsor of the MAFO International Conference in Paris next Oct. 26, duplicating in effect the panel discussion held at its annual meeting in Orlando, Florida. Jörg Spangemacher, publisher of MAFO and other news services, has assembled a ...
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News briefs
The organizers of SILMO have announced that next October's fair...
The organizers of SILMO have announced that next October's fair will have a new layout that will be easier to navigate. The Paris-based show will be more clearly divided into four sections for the main areas of the industry: Central in Hall 1, housing ophthalmic frames, sunglasses and accessories; the ...
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News briefs
Two new managers have been added to the staff of...
Two new managers have been added to the staff of Optrafair 2007, a 3-day optical show that will take place in the UK next April 21-23. Jenny Chalmers has been brought on board as sales manager. She has worked for previous trade shows within the retail and beauty industries. To ...
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News briefs
The amount of visitors attending Vision Expo East in New...
The amount of visitors attending Vision Expo East in New York this Spring rose by 6 percent to 15,280 attendees, as compared to one year ago. That includes 2,966 participants in the show's very comprehensive program of conferences and 12,314 visitors who were only at the exhibition. Of the total, ...
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News briefs
INDO's management expects a further improvement in the company's operating...
INDO's management expects a further improvement in the company's operating margin before amortization and depreciation (EBITDA) to around 14 percent next year from the present level of less than 13 percent. Operating costs will decline following investments in its Moroccan factory and a reduction in the number of laboratories in ...
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News briefs
Licefa has signed an agreement in principle to be the...
Licefa has signed an agreement in principle to be the next licensee of Kappa and Robe di Kappa, two brands that were in the portfolio of Metzler Italia prior to its recent pre-liquidation proceedings. The deal with May 22, 2006
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News briefs
BasicNet, owner of the two brands, runs for at least...
BasicNet, owner of the two brands, runs for at least three years but excludes China and Japan. Licefa is the German company that held the Puma license for Europe, Australia, New Zealand and some other markets, but lost it to Charmant and Luxottica a few weeks ago. Licefa still has ...
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News briefs
A licensing deal has been struck between Everlast Worldwide and...
A licensing deal has been struck between Everlast Worldwide and Optimate, effective immediately. Optimate will develop, manufacture and distribute Everlast brand sunglasses and ophthalmic frames for men, women and children on a global basis with the exception of Asia. The eyewear will be distributed to medium and high-end optical stores, ...
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News briefs
Von Dutch, the American lifestyle apparel and accessories company, said...
Von Dutch, the American lifestyle apparel and accessories company, said that it expects to generate about $10 million from its eyewear collection, which was launched at SILMO last Fall. The company is partnering with Solmar for manufacturing, all of which is done in Italy. The current collection consists of 21 ...
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News briefs
Working through independent distributors, Polaroid is enjoying success with its...
Working through independent distributors, Polaroid is enjoying success with its eyewear in Russia, where sales rose by more than 30 percent last season, according to estimates by the company. Since December, Polaroid said its eyewear was added to 800 new outlets. In other Russian-speaking countries the company is also doing ...
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News briefs
Sover expects to close the current fiscal year with consolidated...
Sover expects to close the current fiscal year with consolidated revenues of €21 million. The Italian parent company is budgeting growth of 30 percent, while the group's consolidated results, including its joint ventures for distribution of the major Italian brands in Russia, Ukraine, the Czech Republic and Romania, are expected ...
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News briefs
Delays in product deliveries caused Orange 21's losses to grow...
Delays in product deliveries caused Orange 21's losses to grow to $1,733,875 in the 1st quarter from $495,061 in the same period a year ago, despite a sales increase of 11 percent to $9.4 million, but the company, which owns Spy Optics, said the result was in line with expectations. ...
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News briefs
Shamir Optical Industry's revenues rose by 11.9 percent to $23.1...
Shamir Optical Industry's revenues rose by 11.9 percent to $23.1 million in the 1st quarter, as the company's U.S. subsidiary, Shamir Insight, experienced solid growth and Shamir's European division operated according to the company's plans. The gross margin expanded by 450 basis points to 57.5 percent. The company's operating income ...
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News briefs
MIDO closed its 36th session on May 8 with the...
MIDO closed its 36th session on May 8 with the number of opticians visiting the annual Milan fair up by 6.3 percent to 41,738 compared with a year ago. Some 62 percent, or 26,331, came from outside Italy, up 9.9 percent. The 15,407 Italian opticians were up by 0.5 percent ...
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News briefs
CORRECTION: The government of Singapore will spend 13.5 billion Singapore...
CORRECTION: The government of Singapore will spend 13.5 billion Singapore dollars (€6.65b-$8.49b) for R&D in the country over the next five years. This figure has nothing to do with Neurovision. .
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News briefs
To strengthen its presence in the south of England, Scrivens,...
To strengthen its presence in the south of England, Scrivens, the UK-based optical retail chain, has acquired the OC Weathersbee group, according to the Optician magazine. Its six outlets bring the company's total door count to 119. The purchase was made only weeks after Scrivens bought Eye-Check, another optical chain ...
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News briefs
While discussing a possible partnership abroad that may be concluded...
While discussing a possible partnership abroad that may be concluded before the end of this year, Optic 2000 has inaugurated a state-of-the-art laboratory at its new headquarters near Paris following a €2 million investment. The in-house lab, which replaces a smaller one, uses special equipment and software developed by Nidek ...
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News briefs
Highmark, the insurance company that bought Viva International a few...
Highmark, the insurance company that bought Viva International a few years ago, is said to be on the verge of acquiring Eye Care Centers of America, the U.S. optical retail chain bought by Moulin Global Eyecare and Golden Gate Capital in 2005 for $450 million.The information could not be confirmed ...
