Latest News Briefs – Page 347
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News briefs
Bausch & Lomb has delayed to sometime in March the...
Bausch & Lomb has delayed to sometime in March the release of its annual financial results, pending further investigation of improper sales practices in Korea. Its Brazilian operations are under scrutiny, too. Separately, B&L is voluntarily suspending sales of its ReNu contact-lens solution in Hong Hong, following earlier suspension of ...
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News briefs
Shindah Gunputh has been promoted as managing director of BBGR...
Shindah Gunputh has been promoted as managing director of BBGR UK, taking over from Brian Deegan who has returned to his family in Ireland. Incidentally, contrary to a previous report, BBGR did not lose a contract with Dollond & Aitchison. BBGR's sales in the UK declined in line with D&A's ...
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News briefs
Volker Lindner, 42, has been promoted to managing director of...
Volker Lindner, 42, has been promoted to managing director of CooperVision in Germany, responsible also for the Austrian market, replacing Werner Graetsch. Lindner started off in 1994 at Lunelle, the former Essilor subsidiary that was acquired by Ocular Sciences. CVI has initiated an executive search for a new global category ...
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News briefs
Implementing a previously announced personnel reduction program in Germany, Carl...
Implementing a previously announced personnel reduction program in Germany, Carl Zeiss Vision has informed 120 members of the staff in Aalen that they will lose their jobs by the end of April. About 150 others should follow by next September as the company continues to transfer some of its production ...
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News briefs
Industry statistics show a certain recovery in Italian eyewear production...
Industry statistics show a certain recovery in Italian eyewear production over the last few months. It increased by 10.3 percent during the 4th quarter of 2005 in the Veneto region, which includes the province of Belluno, as compared to the same period one year before. Exports were up by 11 ...
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News briefs
While Andrew Actman has acquired the distribution of the Lacoste...
While Andrew Actman has acquired the distribution of the Lacoste line of L'Amy in the UK, Absolut Handels has taken over the distribution in Germany of many eyewear lines of the French company, including Lacoste, Nina Ricci, Moderato, Puzzle and Visions. Launching its first advertising campaign in the USA, L'Amy ...
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News briefs
Ben Sherman's eyewear will be launched in the USA through...
Ben Sherman's eyewear will be launched in the USA through a deal between Lantis Eyewear and Fabris Lane, designer and distributor of Ben Sherman eyewear in the UK. Lantis will launch optical frames and sunwear under the British brand at the upcoming Vision Expo East in New York. Ben Sherman ...
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News briefs
Signature Eyewear will need to find a way to replace...
Signature Eyewear will need to find a way to replace $4 million it generated last year from its Eddie Bauer license, which ended Dec. 31. The company, based in California, plans to compensate for lost revenue from the license by raising sales to independent optical outlets, upping its efforts to ...
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News briefs
Gerber Scientific, parent company of Gerber Coburn, narrowed its net...
Gerber Scientific, parent company of Gerber Coburn, narrowed its net loss from $400,000 to $100,000 in its 3rd quarter ended Jan. 31. Revenues were off by $200,000 to $124.6 million, with $5 million lost through foreign currency translation. Separately, Gerber Coburn has announced a cut-to-polish option on its Diamond Turning ...
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News briefs
Advanced Medical Optics reported a $453.2 million loss for fiscal...
Advanced Medical Optics reported a $453.2 million loss for fiscal 2005, but that included $536.9 million in charges related to its acquisition of Visx and recapitalization expenses. The company's sales rose by 24.1 percent to $920.7 million on the year. For the 4th quarter, the company's net income fell by ...
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News briefs
Alcon's sales increased by 10.7 percent to $1,054.9 million in...
Alcon's sales increased by 10.7 percent to $1,054.9 million in the 4th quarter, and were up by 13 percent on a currency-neutral basis. A patent lawsuit dealt the company a $196.7 million after-tax charge in the period, which caused earnings to drop by 67.6 percent to $60.7 million. Full year ...
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News briefs
An U.S. judge issued an order that prohibits Concepts in...
An U.S. judge issued an order that prohibits Concepts in Optics from ?using, manufacturing, marketing, advertising, selling, offering for sale, importing or exporting? Nino Balli magnetic clip-on eyewear after Aspex Eyewear filed a patent infringement lawsuit. Concepts in Optics can still legally sell regular Nino Balli eyewear.
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News briefs
The organizers of ExpoOptica, the Spanish trade show being held...
The organizers of ExpoOptica, the Spanish trade show being held in Madrid next March 10-12, have unveiled a study showing that 20 percent of the country's 5 million skiers suffer from eye diseases, probably because they did not protect themselves sufficiently from UV radiation, combined with the cold, the wind ...
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News briefs
Alain Afflelou reports a sales increase of 7.1 percent to...
Alain Afflelou reports a sales increase of 7.1 percent to €256.3 million for its network of company-owned and franchised stores during the 1st half ended Oct. 31. The franchisees experienced a sales increase of 7.6 percent, including a 27 percent jump in Spain. On a same-store basis they grew by ...
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News briefs
A European investment fund, SISU Capital Ltd., is taking over...
A European investment fund, SISU Capital Ltd., is taking over NiGuRa Metzler Optik of Germany after a brief insolvency, due to the bankruptcy of its former Hong Kong-based own, Moulin Global Eyecare Holdings. The acquisition includes the global eyewear licenses for Etienne Aigner, Longines, Marc O'Polo and Reebok eyewear, with ...
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News briefs
The Office of Fair Trading in London is investigating allegations...
The Office of Fair Trading in London is investigating allegations that Oakley and House of Fraser, the British department store chain, engaged in price fixing. The allegations have been vehemently denied by Oakley, which indicates that the anti-trust authority's investigation may be based on a misunderstanding of the arrangements between ...
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News briefs
ASDA has filed for trademark registration in the UK of...
ASDA has filed for trademark registration in the UK of the name ?Asda Daily Contact Lens.? The bold move follows the introduction by this mass market retailer of aggressively priced contact lenses after regulations were relaxed earlier this year, setting off a price war.
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De Rigo's shareholders have approved the de-listing of the company...
De Rigo's shareholders have approved the de-listing of the company from the New York Stock Exchange. They have also approved the payment of an extraordinary dividend of €1.65 per share. As the De Rigo family holds directly or indirectly 97.4 percent of the shares, following a successful tender offer, it ...
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News briefs
Nouveau Eyewear, based in the USA, has promoted Dominick Sblendorio...
Nouveau Eyewear, based in the USA, has promoted Dominick Sblendorio and Marj McGraw to split the company's presidency. Sblendorio is co-president and chief operating officer while McGraw is co-president and chief global sourcing officer. Sblendorio previously held the position of executive vice president and chief financial officer. McGraw was senior ...
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News briefs
Polaroid has named Europtik to be the exclusive distributor of...
Polaroid has named Europtik to be the exclusive distributor of its finished sunglasses in the USA. The company said it's doubling the size of its sales team to meet the expansion demands of Polaroid's sunglass business. Based in the USA, Europtik also distributes eyewear under the Karavan, Marie Claire, Jean ...
