Latest News Briefs – Page 373
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News briefs
Richard Baker will be the new CEO of the large...
Richard Baker will be the new CEO of the large Boots plc group, which includes Boots Opticians, starting next Sept. 15. He will have basic annual salary of £625,000 (e863,000-$1,025,000) plus stock options that will depend on performance. The 40-year-old executive has worked for Mars. He has been since 1995 ...
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News briefs
SpecSavers has again been voted by the readers of Reader's...
SpecSavers has again been voted by the readers of Reader's Digest as Britain's most trusted brand of opticians, beating Boots by 24 percentage points with 38 percent of the votes. Earlier, SpecSavers, which spends about 4.5 percent of sales on advertising, had earned the top score in Britain's Woman magazine ...
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News briefs
Younger Optics of California has established a subsidiary in the...
Younger Optics of California has established a subsidiary in the Czech Republic, Younger Optics Europe, to stock and market some of its products among optical retailers and laboratories across Europe, including its semi-finished NuPolar polarized hard-resin and polycarbonate lenses as well as Transitions photochromics and Trilogy, its own version of ...
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Sover, the Italian eyewear company specializing in sunwear that holds...
Sover, the Italian eyewear company specializing in sunwear that holds the Lotto license, has signed a new license for eyewear that will be sold under the name of Alviero Martini, an Italian brand of leather goods that has become well know lately for its suitcases and other colonial-style objects with ...
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Vidivici, a small Italian firm founded in Bologna by the...
Vidivici, a small Italian firm founded in Bologna by the Danzi family in 1996, has been granted the production and distribution license for Mila Schön women's eyewear for the global market, Japan excluded. The new collections will be on sale as from 2004, with the sunglass line due to be ...
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News briefs
Parah, an Italian brand of swimwear and women's lingerie, has...
Parah, an Italian brand of swimwear and women's lingerie, has moved into the eyewear sector through a 4-year licensing deal with Group Vision, a new Italian company, born last January. Only some of Parah's sunglass models will be sold in Parah's 40 shops, which are set to grow to 70 ...
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News briefs
Rodenstock is expected to announce a new financial partner in...
Rodenstock is expected to announce a new financial partner in a couple of weeks' time, along with improved results for the past year. The company's CEO and controlling shareholder, Randolf Rodenstock, has been talking to a couple of investment companies lately, rather than any strategic investors. Rodenstock would not comment ...
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News briefs
Two managing directors are going to run jointly OBE, the...
Two managing directors are going to run jointly OBE, the leading German supplier of spring hinges, temples, screws and other precision parts, which employs 290 people and is going to become 100 years old next year, as the former president, Rainer Wagner, has decided to step down after 34 years ...
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News briefs
ZVA, the German optical retailers' association, has taken exception to...
ZVA, the German optical retailers' association, has taken exception to a draft proposal that would limit the reimbursements granted by the federal government's health insurance on expenses endured for serious eye problems and for children under the age of 18. Such a proposal would reduce the government's expenditures for optical ...
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News briefs
Viséum, the new eyewear museum sponsored by the French eyewear...
Viséum, the new eyewear museum sponsored by the French eyewear industry in the Jura region, opened in Morez last May 2. It was officially inaugurated on May 17 with lots of festivities. Besides shown 450 spectacles dating back up to 700 years ago, the museum illustrates the structure of the ...
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News briefs
A new Eye Laser Association (ELA) has been born in...
A new Eye Laser Association (ELA) has been born in the UK, grouping 6 firms operating in the field. One of its first actions has a rebuttal of widely publicized reports in the British press that some 10 percent of refractive surgery interventions need a second treatment. The report was ...
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News briefs
Iain Anderson, an independent optometrist from Tyne & Wear, is...
Iain Anderson, an independent optometrist from Tyne & Wear, is the new chairman of Britain's Eyecare Trust, replacing Ruth Gans Cole following the liquidation of her company, WT Ross. Gans Cole has also resigned as chairman of the UK Federation of Manufacturing Opticians (FMO). Two new trustees are Steve Ellis, ...
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News briefs
Oakley has settled its long-standing legal battle against Luxottica and...
Oakley has settled its long-standing legal battle against Luxottica and its US retail subsidiaries, Sunglass Hut and LensCrafters, over the use of its XYZ Optics patent, with neither party admitting any wrongdoing in the case and Luxottica being allowed to use an alternative method of optical correction for its sunglasses. ...
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News briefs
Arnette Sunglasses has become the official sunglass of the Italian...
Arnette Sunglasses has become the official sunglass of the Italian Fitness Festival, which is expected to attract more than 400,000 visitors like every year in Rimini next June 6-15. Arnette is also associating its name more closely with motor sports through a sponsorship agreement with Dorna Sports, the company that ...
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News briefs
In taking up the presidency of the European Union in...
In taking up the presidency of the European Union in the 2nd half of this year, the Italian government will try to push through the principle that consumer goods sold in Europe must bear a label that certifies their origin. Similar obligations already exist for products imported in the USA ...
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News briefs
The members of Guildinvest, who operate stores in France and...
The members of Guildinvest, who operate stores in France and Belgium under the Krys, Vision Plus and Vision Originale banners, have agreed to lift previous restrictions on the opening of competing outlets in the same area, independently of the banner. The new internal regulations apply also to the members of ...
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News briefs
ASDA, the British mass market retailer taken over by Wal-Mart...
ASDA, the British mass market retailer taken over by Wal-Mart in 1999, has a plan to raise the number of optical practices within its 260 stores from 60 to 70 by the end of this year and to go up to 150 counters in the short term. It will aim ...
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Several companies have put in takeover bids for Synoptik, the...
Several companies have put in takeover bids for Synoptik, the large Northern European chain of optical stores based in Denmark, but no deal has come through yet. The front-runner may well be the highly acquisitive Pearle Europe group, which is seemingly willing to pay more than Fielmann for a 51 ...
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News briefs
A French bankruptcy court has accepted proposals for the acquisition...
A French bankruptcy court has accepted proposals for the acquisition of several assets of Berthet-Bondet, the loss-making French firm that went into receivership 6 months ago, leading to a shutdown of its remaining manufacturing activities. L'Amy and the Régé brothers will take over the European distribution of Nikon branded frames ...
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News briefs
The acquisition of the fashion house of Gianfranco Ferré proved...
The acquisition of the fashion house of Gianfranco Ferré proved highly beneficial for the IT Holding group as well as for Allison, which is its eyewear subsidiary. Allison's turnover grew by a full 33 percent last year to e60 million. Reportedly, they would still have risen by 6-7 percent without ...
