Latest News Briefs – Page 364
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News briefs
SOLA International has announced a delay in the release of...
SOLA International has announced a delay in the release of its results for the 4th quarter and fiscal year ended last March 31 while reviewing with its auditors certain matters identified in financial statements from earlier periods for possible adjustments. The issues relate primarily to a computational error in the ...
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News briefs
The Aspex Group has officially opened its first European subsidiary...
The Aspex Group has officially opened its first European subsidiary just outside Paris to service its European customers. To be headed by Vincent Biessy, who previously worked for Logo and Airess, Apex Europe will distribute the Easyclip and Easytwist patented collections, among other brands, across Europe. Based in Canada, the ...
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News briefs
Dan Levi became chairman of Visibilia last January, taking over...
Dan Levi became chairman of Visibilia last January, taking over from his cousin, Andrea Mevorach, who remains on the Italian group's board of directors. The move appears to be a rotation of responsibilities within the family that owns the holding company to which Visibilia belongs. The group has 3 sales ...
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News briefs
Visionix reduced its net consolidated loss by 57 percent to...
Visionix reduced its net consolidated loss by 57 percent to €146,000 in the 1st quarter of this year. Sales shot up to €3,247,000 from only €940,000 in the year-ago period because of the acquisition of Luneau by the Israeli firm. Despite the acquisition, the company still had cash of €2.4 ...
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News briefs
The Polinelli group, which produces eyewear and sells it outside...
The Polinelli group, which produces eyewear and sells it outside the traditional optical retail circuit, from editorial agents to souvenir shops, has come out with two brands of eyewear for winter sports. One is a high-end line made in Italy called Blast that retails at between €69-€99 in the sporting ...
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News briefs
Intercast, which spends 5-6 percent of its turnover on R&D,...
Intercast, which spends 5-6 percent of its turnover on R&D, has invested €15 million on its NXT project, applying a highly flexible, state-of-the-art material guaranteed to be indestructible, developed by the US military and made available to the Italian company under worldwide license covering sun lenses, sports visors and visors ...
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News briefs
The organizers of the MIDO fair in Milan have concluded...
The organizers of the MIDO fair in Milan have concluded that it's too much to ask exhibitors and visitors to continue to do business at the show until 8 pm, as many stands were empty earlier in the evening. Therefore, they are now asking all exhibitors whether they want the ...
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News briefs
Julbo, along with Salomon, is sponsoring the DN'X Tour, a...
Julbo, along with Salomon, is sponsoring the DN'X Tour, a series conceptual club-type evenings fusing DJ-mixed electronic music and videos of action and lifestyle sports. Organized by Ride the Planets Events, the pilot DN'X evening was held last night in a Paris nightclub, including videos of Ride the Planets' riders ...
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News briefs
Private labels are increasingly present in the clothing departments of...
Private labels are increasingly present in the clothing departments of the major US retail chains, eyewear included. The phenomenon is actually spreading in a whole variety of segments, including household articles, furniture and food. A study carried out by AC Nielsen shows that the overall share of private labels on ...
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News briefs
The European Sunglass Association is developing a new marketing strategy...
The European Sunglass Association is developing a new marketing strategy to persuade consumers to make the right choices, considering that only about 20 percent of their sunglasses are bought from experienced opticians. Run by a new managing director, Petra Eckhardt, ESA is also offering more activities in the areas of ...
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News briefs
The Sports Vision Group has announced that it is holding...
The Sports Vision Group has announced that it is holding its first biennial international conference at Loughborough University in November, welcoming for the first time speakers from outside the UK. Focused on the commercial potential of sports vision, the lecture program developed by this British independent research group for next ...
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News briefs
Italian industry executives expect that the European Union will vote...
Italian industry executives expect that the European Union will vote in favor of mandatory labels of origins for products imported into the trade-free zone by the end of May, following recent strong lobbying by the Italian foreign trade vice minister, Adolfo Urso, among certain European governments that were previously hesitating. ...
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News briefs
The sight test fee payable under the UK's National Health...
The sight test fee payable under the UK's National Health System is being raised gradually by 10 percent over 3 years. The first increase became effective last month. Meanwhile, a study by Key Note indicates that the total British market for ophthalmic goods and services rose by 8 percent in ...
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News briefs
As expected, GrandVision is being de-listed from the Paris stock...
As expected, GrandVision is being de-listed from the Paris stock exchange. Last Apr. 14 the Bourse announced that 97.31 percent of French-based optical retailing group shares and 96.54 percent of the voting rights have been tendered to Multibrands, the new company controlled by HAL Holding, leading to the compulsory redemption ...
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News briefs
Si International and Republic Technologies, two of France's leading companies...
Si International and Republic Technologies, two of France's leading companies for cleaning products for eyeglasses, have announced their decision to merge. Si International, which produces the Siclair, Sinett and Sitiss brands, and Republic Technologies, which produces the Optinett brand, are combining their operations in order to offer a more complete ...
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News briefs
Mike Ashcroft is going to concentrate again on the European...
Mike Ashcroft is going to concentrate again on the European market after a great job in reorganizing SOLA International's North American sales operations over the last few years. Ashcroft, who started off at SOLA as managing director of UK operations, became at the end of 2001 president of American commercial ...
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News briefs
Vistakon's contact lens sales have boosted Johnson & Johnson's net...
Vistakon's contact lens sales have boosted Johnson & Johnson's net revenues by 17.7 percent to $11.6 billion in Q1. Net earnings for the period rose 20.4 percent to $2.5 billion. The company indicated its Vistakon division's sales benefited from the introduction of the new Acuvue Advance with Hydraclear CLs in ...
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News briefs
Bausch & Lomb is raising its R&D expenses this year...
Bausch & Lomb is raising its R&D expenses this year by 20 percent, after a 30 percent increase in 2003, and launching a new logo that stands for innovation. The 150-year-old company reports total sales increases of 14 percent in dollars and 6 percent in local currencies, reaching $510.3 million, ...
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News briefs
CIBA Vision's sales increased in the 1st quarter by 14...
CIBA Vision's sales increased in the 1st quarter by 14 percent to $337 million, with a 5 percent gain in local currencies. Its operating income grew by 76 percent to represent 9.8 percent of revenues. The parent company,
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News briefs
Novartis, increased total sales by 8 percent in local currencies,...
Novartis, increased total sales by 8 percent in local currencies, reaching $6,639 million in the quarter, and its net margin grew from 18.6 to 19.5 percent.
