Latest News Briefs – Page 376
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News briefs
Celes Optical has appointed Carlo Costan to develop its business...
Celes Optical has appointed Carlo Costan to develop its business outside Italy. For the past 3 years the 34-year-old Italian executive had been the export manager of Gatto Astucci (see article in this issue). Celes is still run as an autonomous business unit of Magma Italia, which bought the Italian ...
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Red Lab, a new company owned by Italy's Tecnica Group,...
Red Lab, a new company owned by Italy's Tecnica Group, is launching its first line of products for the Winter 2003/04 season. It's a line of ski goggles, sunglasses and ski helmets under the Marker brand of ski bindings, which is partly owned by Tecnica. Other protective accessories may be ...
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News briefs
The Buchmann Optical Group will reach sales of nearly e100...
The Buchmann Optical Group will reach sales of nearly e100 million this year, generating a nice profit following the full integration of Weco Optik and the former Rodenstock Instrumente into Briot International. With subsidiaries in 11 countries covering all the major markets except Japan, the group led by Jacky Buchmann ...
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Indo has commissioned Leybold Optics' best-selling Syrius II vacuum coating...
Indo has commissioned Leybold Optics' best-selling Syrius II vacuum coating system for its lens factory near Girona to use it around the clock for the anti-reflective coating of mineral and organic lenses. The equipment incorporates a new antistatic coating system for plastic lenses, called Brilliant EMIXX. The process also provides ...
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Günther Fielmann has raised his personal shareholding in the company...
Günther Fielmann has raised his personal shareholding in the company that bears his own name from 70 to 72 percent by acquiring for e12.4 million a bloc of 400,000 shares that an American equity fund wanted to put on the market. The sale would have led to a decline in ...
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News briefs
Having reduced its debt levels over the past two years,...
Having reduced its debt levels over the past two years, Essilor International is again ready to make major acquisitions as of this year, which could bring in extra revenues of about e100 million, according to an interview of its chairman and CEO, Xavier Fontanet, published in a French investment magazine, ...
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News briefs
Alain Afflelou will open next September the first collective training...
Alain Afflelou will open next September the first collective training center for its franchisees, offering to their executives and employees 2-day courses and longer ones on optics, general and sales management, data processing and other topics. The school will be located inside the group's spacious new headquarters in Aubervilliers. About ...
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The Boots retail group says its Boots Opticians chain's growth...
The Boots retail group says its Boots Opticians chain's growth on a same-store basis declined in the 3rd quarter ended Dec. 31, as compared to a very strong quarter in the year-ago period. The British group's total sales grew by 8.1 percent in absolute terms and by 7.5 percent on ...
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News briefs
Essilor has acquired a majority stake in Jacques Denis, a...
Essilor has acquired a majority stake in Jacques Denis, a large French optical laboratory in the region of Le Mans, complementing the activities of its own centralized assembly lab at Antony, South of Paris. Named after its founder, who will continue to run the operation, Jacques Denis had developed lately ...
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News briefs
L'Amy France reports a 13 percent sales increase in 2002,...
L'Amy France reports a 13 percent sales increase in 2002, doing much better than some other French competitors. Coming after a growth of 10 percent the previous year, the latest score includes an 18 percent sales increase in volume and value for all the brands licensed by the French group, ...
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News briefs
The Rodenstock family, which was previously interested in selling only...
The Rodenstock family, which was previously interested in selling only a minority stake in the company by the same name, is now prepared also to abandon majority control to help develop its domestic and international sales networks. The operation could take until the end of 2003. Rumors circulating at Opti ...
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News briefs
Safilo is now expected to launch its bond issue by...
Safilo is now expected to launch its bond issue by March. It should go as high as e300 million, with a high yield. Nothing yet on the insistent rumors that Safilo will be the new licensee of Giorgio Armani once his license with Luxottica runs out next May.
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News briefs
Marcolin expects to generate sales of e36 million over the...
Marcolin expects to generate sales of e36 million over the next 4 years with the Montblanc brand of eyewear. Meanwhile, Marcolin promotes Jürgen Maderer as country manager for Germany, replacing Siegfried Kubillus who is retiring after 30 years with the Italian group. Maderer, who joined Marcolin as its sales manager ...
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News briefs
Bushnell Performance Optics, which owns the Bollé and Serengeti brands...
Bushnell Performance Optics, which owns the Bollé and Serengeti brands of sunglasses, among other properties, raised its sales by 9 percent in 2002, and its gross operating profit (Ebitda) grew at a triple-digit rate. The US-based group, also known as Worldwide Sports & Recreation, is still controlled by Wind Point ...
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News briefs
Optilens, an Italian lens manufacturer with a workforce of 35...
Optilens, an Italian lens manufacturer with a workforce of 35 located in the Padova area, has been sold by the Cantele family to Oreste Durigon, owner of Ltd, another Italian eyewear maker based in the Pordenone region. Ltd was founded in 1980 and grew from humble origins to become a ...
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News briefs
Alain Afflelou reports a 4.6 percent increase in consolidated sales...
Alain Afflelou reports a 4.6 percent increase in consolidated sales to e45.9 million for the 1st half ended Oct. 31, with a 7.2 percent increase in the 2nd quarter. The company's owned stores raised their sales by 25.4 percent in the 3-month period, with a 10.3 percent increase on a ...
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News briefs
Fielmann has agreed to change its advertising campaign in Holland...
Fielmann has agreed to change its advertising campaign in Holland after a Dutch court of appeals ruled that the German company cannot use the slogan ?You no longer need to shop around. Fielmann is always the cheapest? in the Netherlands. Specsavers had attacked Fielmann's aggressive advertising in court as part ...
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Specsavers has acquired HearCare, a hearing aid franchising business with...
Specsavers has acquired HearCare, a hearing aid franchising business with 8 stores in the UK which will be developed as a separate unit from Specsavers Opticians. The British retail group has also acquired Sight Centres, a chain of 10 optical stores in Southwestern England. Like the 5 Punch Opticians practices ...
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Boots Group' chairman, John McGrath, says its board of directors...
Boots Group' chairman, John McGrath, says its board of directors has decided to accelerate the succession process at the top of the leading British retail group to drive strategic changes faster. In correcting some press reports, McGrath says he had agreed with Boots' CEO, Steve Russell, to start immediately the ...
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News briefs
Eschenbach Optik will use Brendel Lunettes' US sales office, which...
Eschenbach Optik will use Brendel Lunettes' US sales office, which it has taken over along with the global rights to the Brendel name earlier this year, to introduce some of its own frame styles in the USA, starting with its own Humphrey's line at the next Vision Expo fair in ...
