Latest News Briefs – Page 345

  • News briefs

    MIDO is going to move next year to the new...

    2006-05-03T00:00:00Z

    MIDO is going to move next year to the new high-tech fairgrounds at Rho-Pero, in the suburbs closer to the Malpensa airport. At this week's fair, the new location will be presented in an area of the gallery connector between Pavillions 15 and 16, featuring screen displays, an audio presentation ...

  • News briefs

    Expooptica in Madrid was attended by a total of 9,885...

    2006-05-03T00:00:00Z

    Expooptica in Madrid was attended by a total of 9,885 trade visitors last March 10-12, up from 8,274 in 2005, and 36.9 percent of them were opticians or optometrists. The Spanish fair hosted 117 exhibitors.

  • News briefs

    At last month's Vision Expo East, the organizers of SILMO...

    2006-05-03T00:00:00Z

    At last month's Vision Expo East, the organizers of SILMO invited guests to see their inverted booth, where the purple and black nightclub ambiance was right-side up and the furniture and wall fixtures were upside down. The booth, which had an exterior that begged passers-by to see what was inside, ...

  • News briefs

    Alain Afflelou may have a problem in getting out of...

    2006-03-29T00:00:00Z

    Alain Afflelou may have a problem in getting out of the French stock market. Acting in behalf of a mysterious investor, Credit Suisse First Boston took a 5.04 percent stake in the French optical retail group just as Bridgepoint was acquiring its control from its founder, Alain Afflelou himself, and ...

  • News briefs

    The European Court of Justice has rejected an appeal by...

    2006-03-29T00:00:00Z

    The European Court of Justice has rejected an appeal by Dollond & Aitchison for reimbursement of the value-added tax paid by UK customers on contact lenses imported from the island of Jersey and the related after-care. British customs authorities had previous denied a request for the reimbursement of the tax, ...

  • News briefs

    Permira is expected to cash out of its 80 percent...

    2006-03-29T00:00:00Z

    Permira is expected to cash out of its 80 percent stake in Rodenstock by 2008, according to the German press. Under the management of Giancarlo Galli, who followed Randolf Rodenstock at the head of the company in November 2003, the company's operations have improved considerably. The latest financial results are ...

  • News briefs

    Benetton Group has called off the licenses for United Colors...

    2006-03-29T00:00:00Z

    Benetton Group has called off the licenses for United Colors and Sisley eyewear held by Metzler Italia, which is currently appealing against a decision to put the group into liquidation. Separately, BasicNet is also looking for a new partner to produce Kappa and Robe di Kappa eyewear, as its licenses ...

  • News briefs

    Luxottica has negotiated new improved conditions for a €1.0 billion...

    2006-03-29T00:00:00Z

    Luxottica has negotiated new improved conditions for a €1.0 billion credit facility obtained in 2004, changing the amounts, the duration and the margins. The sum has been increased to €1,390 million, and the maturities of two of the three tranches have been extended. While the due date for the first ...

  • News briefs

    Inspecs will develop a range of NASCAR licensed prescription eyewear,...

    2006-03-29T00:00:00Z

    Inspecs will develop a range of NASCAR licensed prescription eyewear, which will be carried by selected opticians throughout the USA from the summer of 2006. Retailers all over the country are being invited to apply to become «high performance vision centers» for the line, which is intended to fit NASCAR ...

  • News briefs

    Frédérick Herbst, former product manager for Rip Curl eyewear and...

    2006-03-29T00:00:00Z

    Frédérick Herbst, former product manager for Rip Curl eyewear and watches, will run this division of the Australian surfwear company following the departure of Andy Gugenheimer, who set up this activity from scratch two years ago, bringing it up to an annual level of about €3 million, with distribution all ...

  • News briefs

    In receivership since January, Bourgeois is searching for a buyer...

    2006-03-29T00:00:00Z

    In receivership since January, Bourgeois is searching for a buyer for its ophthalmic lens business, which has been suffering because of insufficient commercial and distribution coverage. The division generated €2.65 million in 2005. Should any transaction go through, the French company would hold on to its frame business.

  • News briefs

    Bret Furio has been named vice president of U.S. wholesale...

    2006-03-29T00:00:00Z

    Bret Furio has been named vice president of U.S. wholesale sales at Luxottica, succeeding Steve Hollander, who has retired. Furio arrives from The Gillette Company where he was most recently marketing director for the company's Braun portfolio.

  • News briefs

    Internal investigations at the company's foreign subsidiaries have prompted Bausch...

    2006-03-29T00:00:00Z

    Internal investigations at the company's foreign subsidiaries have prompted Bausch & Lomb to delay filing its 2005 financial report until as late as April 30. The company has completed its investigation of its Brazilian subsidiary and it is now focused on its offshoot in South Korea, where the company has ...

  • News briefs

    Ocuco Limited, a software company specializing in health care, has...

    2006-03-29T00:00:00Z

    Ocuco Limited, a software company specializing in health care, has just completed a management buy-out that values the company at €5 million. Financed with a combination of cash and preference shares, the buy-out is part of the company's overall expansion plan. It was led by Leo Mac Canna, chief executive ...

  • News briefs

    Johnson & Johnson is organizing a road show through various...

    2006-03-29T00:00:00Z

    Johnson & Johnson is organizing a road show through various European cities for the launch of its Acuvue Oasys Hydroclear Plus contact lens. Meanwhile, J&J has inaugurated its first European Vision Care Institute in Prague, which carries an investment of $2 million. Similar educational facilities are planned in the UK, ...

  • News briefs

    Carl Zeiss has decided to operate its microscope business as...

    2006-03-29T00:00:00Z

    Carl Zeiss has decided to operate its microscope business as an independent subsidiary, called Carl Zeiss MicroImaging and run by Ulrich Simon. The business generated sales of about €300 million in the past financial year. Meanwhile Schott, the glass company that belongs to the Carl Zeiss Foundation, is looking at ...

  • News briefs

    The Vision Council of America (VCA) a been given an...

    2006-03-29T00:00:00Z

    The Vision Council of America (VCA) a been given an award for excellence in advertising in a competition in Washington D.C. for its ?Check Yearly See Cleary? campaign, featuring a young boy stumbling through a series of mishaps, such as skateboarding into the side of a bus stop, entering a ...

  • News briefs

    This MIDO exhibition will remain in its usual location in...

    2006-03-29T00:00:00Z

    This MIDO exhibition will remain in its usual location in the Portello fairgrounds in the city of Milan instead of moving to the sprawling new high-tech fair in the suburb of Rho, apparently because further improvements are expected in the new premises. The mega-show will again offer continuing education courses. ...

  • News briefs

    Loughborough University in the UK is organizing its first diploma...

    2006-03-29T00:00:00Z

    Loughborough University in the UK is organizing its first diploma course in sports eyewear on Apr. 11-13, immediately after the Sportfair staged by Sportvision in the university's Burleigh International Conference Centre on Apr. 9-10. This year's Sportvision conference and exhibition is being sponsored by Adidas, CIBA Vision, Optimed, Rupp + ...

  • News briefs

    Hans Anders, a Dutch retailer which operates 250 optical stores...

    2006-03-29T00:00:00Z

    Hans Anders, a Dutch retailer which operates 250 optical stores in the Netherlands and 26 in Belgium, is reportedly planning to move into the French market, starting with five shops in the Northern part of the country