Latest News Briefs – Page 372
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News briefs
Momentai plc more than doubled net profit to £660,000 (e...
Momentai plc more than doubled net profit to £660,000 (e 938,00-$1,068,000) in the 12 months ended March 31 from £316,000 in the previous fiscal year. Sales rose 8.7 percent to £13,989,000 (e19.87m-$22.63m). Operating income grew by 68.7 percent to £847,000 (e599,000-$682,000) from £502,000. Momentai is a UK firm that owns ...
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News briefs
The Canadian Vision i-Tech show, which was scheduled to be...
The Canadian Vision i-Tech show, which was scheduled to be held in Toronto next November, will instead be held in Calgary next March 13. The show will be followed by a new-look Vision Canada fair on Sept. 10-12, 2004 in a larger hall in the Metro Toronto Convention Centre. SILMO, ...
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News briefs
Raouf Sabet d'Acre, assistant managing director of Frères Lissac, takes...
Raouf Sabet d'Acre, assistant managing director of Frères Lissac, takes over the functions handled recently within the French optical retail chain by Henry-P. Saulnier, a 32-year-old veteran of the company who had a similar title and is still involved in several associations.
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News briefs
The European Commission has endorsed the acquisition of 49% of...
The European Commission has endorsed the acquisition of 49% of Rodenstock's shares by Permira.
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News briefs
BMC Industries, parent company of Visionease, has obtained another 60-day...
BMC Industries, parent company of Visionease, has obtained another 60-day waiver by the banks until the end of August to comply with the conditions of its credit facility.
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News briefs
FMO, the UK's Federation of Manufacturing Opticians, is without a...
FMO, the UK's Federation of Manufacturing Opticians, is without a secretary general following the retirement of Richard Wilshin, who will remain as a consultant.
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News briefs
Advanced Medical Optics, the 1-year-old spin-off from Allergan, will aquired...
Advanced Medical Optics, the 1-year-old spin-off from Allergan, will aquired Alcon's manufacturing facility in Madrid for $22 million to make eye care products, including its full line of contact lens solutions.
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News briefs
Bausch & Lomb has initiated a patent infringement suit against...
Bausch & Lomb has initiated a patent infringement suit against CIBA Vision regarding certain chemical compositions used in its Focus Night & Day contact lenses.
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News briefs
German stock market authorities had announced the return of Fielmann...
German stock market authorities had announced the return of Fielmann to the MDAX index of mid-cap companies, which was reduced from 70 to 40 values at the end of March, but they subsequently said that the German optical retail giant would remain in the SDAX. Fielmann was going to replace ...
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News briefs
Peter Posimski, who runs a couple of optical stores under...
Peter Posimski, who runs a couple of optical stores under his own name out of Wolfenbüttel, in the North of Germany, has been elected as the new chairman of AMA, the powerful German buying and marketing group, which has 1,584 members. He replaces Klaus-Dieter Horn of Berlin, who will now ...
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News briefs
Visual, the 4th largest buying group in the French optical...
Visual, the 4th largest buying group in the French optical retail market, has elected Jacques Perrin, an optician with several shops in the area of Perpignan, as its chairman. He replaces Jacques Durenne who has been in charge for 6 years. Visual has also set up a new sales division, ...
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News briefs
Essilor has acquired Nassau Lens Company, described as the #1...
Essilor has acquired Nassau Lens Company, described as the #1 direct distributor in the USA of stock lenses to eye care professionals. It also distributes soft contact lenses. Based in New Jersey, Nassau has 400 employees at 3 optical laboratories and 12 servicing locations throughout the country. Besides allowing Essilor ...
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News briefs
Carlo Azeglio Ciampi, president of Italy, has knighted Vittorio Tabacchi,...
Carlo Azeglio Ciampi, president of Italy, has knighted Vittorio Tabacchi, president of Safilo, as ?Cavaliere del Lavoro,? a distinction given every 4 years to entrepreneurs who enhance the nation's prosperity through their work. Leonardo Del Vecchio, president of Luxottica, got the same honor before. Meanwhile, the flat economy, combined with ...
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News briefs
Cirillo Coffen Marcolin of the eponymous company has been re-elected...
Cirillo Coffen Marcolin of the eponymous company has been re-elected to another 2-year term as chairman of the MIDO fair. He has also been elected as chairman of ANFAO, the Italian optical industry association, replacing the super-busy Vittorio Tabacchi of Safilo. The unification of the two roles should provide for ...
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News briefs
A form of development pact has been drawn up among...
A form of development pact has been drawn up among the local institutions in the eyewear manufacturing district in Northeastern Italy to take advantage of new legislation that allows the country's regions to help foster joint projects aimed at reinforcing existing industrial clusters, financing up to 40 percent of their ...
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News briefs
Steve Neil, who has been executive vice president, chief financial...
Steve Neil, who has been executive vice president, chief financial officer, treasurer and secretary of SOLA International since 1997, has become executive vice president and CFO of Ocular Sciences, replacing Sid Landman who is leaving the company. SOLA indicates that Neil's decision was prompted by the fact that he had ...
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News briefs
Sauflon has appointed Adam Kronstat as the new CEO of...
Sauflon has appointed Adam Kronstat as the new CEO of its 4-year-old North American subsidiary in New Jersey. Kronstat, former vice president of operations, replaces Jerry Lewis who is retiring. A few months ago, the fast-growing British supplier of contact lenses and solutions appointed the successful manager of its Italian ...
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News briefs
Andrew Actman, a British eyewear designer and supplier that probably...
Andrew Actman, a British eyewear designer and supplier that probably has the biggest warehouse for its kind of products in the UK, is hiring a team of merchandisers to help its licensors to do a better job with its own sunglasses. The company already works with Karen Millen, a chain ...
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OBE has settled a dispute with Ideal over certain patents,...
OBE has settled a dispute with Ideal over certain patents, held by the German firm, that cover an important manufacturing process used in its own S-Family line. OBE had filed a lawsuit against Ideal, claiming that the Italian firm was manufacturing and distributing different types of spring hinges, including its ...
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News briefs
The UK's Federation of Manufacturing Opticians (FMO) has decided against...
The UK's Federation of Manufacturing Opticians (FMO) has decided against a proposal to hold a new national eyewear fair in London next year, particularly because of the uncertain market situation. The next Optrafair will again be held in Birmingham on Apr. 12-13, 2005. Held on the same venue last April, ...
