Latest News Briefs – Page 371
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News briefs
An Indian appeals court has upheld a decision by the...
An Indian appeals court has upheld a decision by the country's Securities & Exchange Commission last Aug. 6 that Luxottica must make a public offering to acquire up to an additional 20 percent stake in RayBan Sun Optics India, a publicly listed firm, at the average price quoted in the ...
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Tati, a French discount retailer of apparel, jewelry and other...
Tati, a French discount retailer of apparel, jewelry and other products, is envisaging the sale of its 11 franchised Tati Optic retail stores, which had revenues of €8.9 million in 2002. The group, which has a total of 27 stores in France and employs a reported 1,200 people, has filed ...
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News briefs
Alain Afflelou, the major optical retail franchisor in France, says...
Alain Afflelou, the major optical retail franchisor in France, says it should be able to resell 49 of the 68 French Optique Carrefour stores that it bought last June 30 to present and new franchisees within the next few months, lightening up its financial exposure. Previous divestitures reduced from 29 ...
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News briefs
Contact Lens Precision Laboratories (CLPL), a British contact lens manufacturer...
Contact Lens Precision Laboratories (CLPL), a British contact lens manufacturer based in Cambridge, has taken over UltraVision International in a bid to become the largest independent supplier in the UK and a stronger alternative to the global players in the sector. Originally operating out of factory in Québec, UltraVision subsequently ...
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News briefs
The French L'Amy group has taken over the global license...
The French L'Amy group has taken over the global license outside Japan for the strong Kenzo license from Airess, which has been reorganizing its portfolio of licensed brands (more on this in the next issue). The first Kenzo collection will be presented at the SILMO show starting in Paris next ...
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News briefs
Alain Mikli has agreed to provide all the necessary manufacturing,...
Alain Mikli has agreed to provide all the necessary manufacturing, back-office and sales support to Alyson Magee for the success of her new line of glasses. Magee has been the designer and creative director of Face à Face since 1995. She had set up the company that markets the Face ...
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News briefs
Marcolin has appointed Antonio Bortuzzo, to act as CEO of...
Marcolin has appointed Antonio Bortuzzo, to act as CEO of Marcolin USA, following the resignation of Paul Diaz from that post. Bortuzzo was appointed last November as managing director of Marcolin, based in Italy, and he will continue in that role. Separately, Marcolin has recently named Roberto Bazzara as global ...
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News briefs
The creditors of BMC Industries have granted to the parent...
The creditors of BMC Industries have granted to the parent company of Vision-Ease a further extension of a waiver on certain payments until Nov. 14. BMC says it will close certain etching facilities and other businesses to focus on Vision-Ease, where the staff and the product line have been recently ...
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News briefs
Bausch & Lomb is seeking the cancellation of an injunction...
Bausch & Lomb is seeking the cancellation of an injunction by a German court in Düsseldorf earlier this year, which led it to stop sales of its PureVision contact lenses in the country, following a verdict by the European Patent Office in Munich which revokes a patent held by Novartis, ...
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News briefs
Bacou-Dalloz, a French-based group where Essilor is now the main...
Bacou-Dalloz, a French-based group where Essilor is now the main shareholder with a 15.13 percent stake, has completed the implementation of a ?one-stop shopping? structure in Europe for all its personal protection items, including safety glasses and work shoes, and the first results have been very encouraging. The same structure ...
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News briefs
Centro Style, an Italian wholesaler of metal components, accessories and...
Centro Style, an Italian wholesaler of metal components, accessories and equipment for optical stores, has opened its first subsidiary in the UK and has consequently ceased working with its previous UK distributor, W.T. Rees. Freddy Lehmann, a consultant, has been appointed as its manager. The Italian firm has no other ...
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News briefs
Mario Lozza, whose family pioneered of the modern Italian eyewear...
Mario Lozza, whose family pioneered of the modern Italian eyewear industry, has died at the age of 70 years in the Cadore region, where he moved back several years ago after selling a portion of his family business to a former schoolmate, Ennio De Rigo. Before moving to the USA ...
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News briefs
Logo is closing its sales office in Germany and taking...
Logo is closing its sales office in Germany and taking over the distribution in Switzerland. Warehousing, billing and accounting for those two markets will be conducted directly from the company's head office near Paris and its logistic center in Morez, France, working with sales representatives in the two countries. These ...
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News briefs
Sporoptic Pouilloux, the French company that markets Vuarnet sunglasses, has...
Sporoptic Pouilloux, the French company that markets Vuarnet sunglasses, has closed its sales office in the USA and turned over the business to Soderberg, a US importer whose main activity is the management of a network of optical laboratories. Prescription sunglasses will still be made in France, however. Soderberg has ...
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News briefs
Rem Eyewear has appointed Blake Kuwahara as creative director. Kuwahara,...
Rem Eyewear has appointed Blake Kuwahara as creative director. Kuwahara, who has won the SILMO d'Or trophy and other awards in the past, created the KATA Eyewear line in 1992. He has designed many collections for various companies. Most recently, he worked for Legacie Eyewear, the luxury division of B. ...
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News briefs
Signet Armorlite says it has completed a 3-month study on...
Signet Armorlite says it has completed a 3-month study on the performance of its new Kodak Precise progressive lens, which is now being offered in Europe, among 396 patients in the USA and Canada who have been wearing other progressive lenses. The results show that 94 percent of the sample ...
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News briefs
Johnson & Johnson has bought exclusive rights to an ?intelligent?...
Johnson & Johnson has bought exclusive rights to an ?intelligent? electroactive lens, developed by eVision, that uses chemistry and electrical impulses to instantly focus where the wearer looks. This company is a subsidiary of The Egg Factory, an American R&D firm run by Ronald Blum, an optometrist who sold his ...
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News briefs
Satis Vacuum will market the Plasma Impulse Chemical Vapor Deposition...
Satis Vacuum will market the Plasma Impulse Chemical Vapor Deposition (PICVD) process developed by Schott HiCotech for the coating of ophthalmic lenses under the registered PICoat trademark. According to Satis Vacuum, this process, which is already used in the packaging, display and semiconductor industries successfully, will revolutionize mass production of ...
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News briefs
Odmafair, the biennial Australian eyewear exhibition, got a total of...
Odmafair, the biennial Australian eyewear exhibition, got a total of 5,957 visitors at its session in Sydney last July 11-13, up from 5,131 two years ago but below a record of 6,158 visitors registered in 1995. As compared to two years ago, the number of dispensers and optometrists remained stable, ...
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News briefs
Fielmann has been readmitted after all into the MDAX, the...
Fielmann has been readmitted after all into the MDAX, the index for mid-cap companies listed on the Frankfurt stock exchange. Fielmann continues to outperform the stock market and the optical market. At its annual meeting earlier this month, the management said its pre-tax profit rose by 18 percent in the ...
