Latest News Briefs – Page 10
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News briefs
Fittingbox VTOs up 26 percent in 2022
Fittingbox, one of the leading players in eyewear virtual-try-on (VTO) software, processed approximately 120 million VTO operations with over 140,000 frames last year, up by 26 percent year-on-year. On a comparable basis, they were up by 21 percent. For the first six months of this year, Fittingbox told us it ...
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News briefs
Olivier Petitfils (ADCL) has died
Olvier Petitfils, general manager of ADCL Aplus, died last week, at the age of 57. Petifils, an eyewear passionate, started his carreer as a product manager for L’Amy. He joined ADCL in 1994 and was appointed as chief executive of the company in 2005 following the untimely death of Jean-François ...
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News briefs
Monoqool launches transclucent 3D-printed eyewear
Monoqool, the Danish eyewear brand specializing in lightweight and 3D-printed eyewear has announced the launch of semi-transparent 3D-printed glasses, which it says is a world premiere. The new translucent glasses feature a screwless hinge system, adjustable temples and non-slip end tips and nose pads. The company also highlighted the eco-friendly ...
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Morel enters Finland with distributor partnership
French eyewear company MOREL has announced that it was entering Finland through a distribution partnership with Neonsun Oy, a company with more than 20 years of presence in this market. Other brands in Neonsun’s portfolio include: Bollé, Cébé, Serengeti, Spy +, Booth & Bruce and Monoqool.
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News briefs
French specialist in readers extends its line
Nooz Optics, a French specialist in reading glasses, is expanding its collections to sunglasses and eyeglasses with the release of a new line of 35 models. Called Nooz Eyewear, the line makes use of Korean titanium and stainless steel as well as Eastman’s Acetate Renew. Nooz now produces some 200 ...
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News briefs
TOG invests in new automated RX production line
While presenting mixed results for the second quarter of 2023 earlier this month, Thai Optical Group has announced that it was building a state-of-the-art automated RX production line at Thai Optical Company Limited, one of its subsidiaries. The group expects the new facility to be operational by the end of ...
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News briefs
HOYA Vision Care launches sustainability program
HOYA Vision Care has announced the launch of One Vision, its corporate sustainability program based on three pillars: environment, community and workplace. On the environmental front, the company’s initiatives focus on CO2 emission reduction – with a goal to reach 100 percent renewable electricity by 2040 at the latest ...
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News briefs
Morel Eyewear appoints new U.S. sales director
Morel Eyewear has appointed Zachary Milan as its new sales director for the U.S, a key export market for the French company since it opened a local subsidiary thirty years ago. Milan has over twenty years of sales experience with lens and eyewear companies including Younger Optics, Shamir, Europa Eyewear ...
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News briefs
Fielmann confirms strong half year, gives update on SVS Vision
Fielmann Group has reported finetuned figures for its half-year performance that broadly confirmed the solid results announced in July. H1 external sales were up by 13.6 percent year-on-year to €1.13 billion, driven by international markets (+21.5 percent) and e-commerce (+28.1 percent). Consolidated revenue increased at the same rate, reaching €971 ...
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News briefs
Mitsui Q1 vision care material sales slightly down
Mitsui Chemicals has reported a 1.6 percent year-on-year decrease in Q1 revenue to 57.1 billion Japanese yen for its Life & Healthcare business unit, as price increases by the Japanese group could not completely offset a 4.5 percent decline in volumes. The large division includes vision care material but also ...
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News briefs
Good Q1 for Paris Miki
Japanese-based retail group Paris Miki has reported a 4.5 percent year-on-year increase in Q1 revenue to 12.0 billion Japanese yen (€76 m) as both its domestic and overseas markets saw the impact of the COVID-19 pandemic fade. Sales in Japan, accounting for roughly 90 percent of the group’s total, were ...
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News briefs
Conant up double-digit in H1, driven by Asia and price mix
Chinese lens manufacturer Conant Optical has reported an 11.3 percent year-on-year revenue increase to RMB 831 million (€105 m) for the first half of 2023. The growth was almost entirely driven by price mix improvements as the number of lenses shipped remained relatively stable at 86 million pieces. Sales of ...
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News briefs
Kering Eyewear to Maui support fund after wildfires
Kering Eyewear, owner of the Hawaian brand Maui Jim, has announced that it was making a donation to Hawaii Community Foundation’s Maui Strong Fund, to assist the victims and support the rebuilding efforts followig the devastating wildfires in Lahaina earlier this month. Maui Jim, which has a local store and ...
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News briefs
Specsavers closes its Belgian stores
Specsavers is reportedly pulling out from Belgium, a country the retailer entered at the end of last year. According to the Retail Detail website, Specsavers was operating three stores in the region of Antwerp which were attached to its Dutch subsidiary. The group has a strong presence in the Netherlands ...
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News briefs
Ocuco gets €60m boost
A private-equity firm, Accel-KKR, has acquired a minority stake worth €60 million in Ocuco. Leo Mac Canna The omnichannel software provider was founded in 1993 by its current CEO, Leo Mac Canna, and operates in 88 countries. The latest version of its software, Acuitas 3 OmniChannel Edition, ...
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News briefs
Alcon Q2 contact lens sales rise 10% amid continued SiHy lens growth, price increases
Alcon registered contact lens sales of $594 million in the second quarter ended June 30, up by 10 percent on a constant currency basis compared to the year earlier and led by continued growth in silicone hydrogel contact lenses, including the Precision1 and Total product families, and price increases across ...
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News briefs
Ethos helps to boost Visottica’s top line 14%
The Italian eyewear component supplier Visottica generated revenues of €98 million in 2022, up by 14 percent compared to the year earlier and benefiting from the consolidation in financial results of Ethos, a company specialized in galvanizing in which Visottica acquired a 60 percent stake last year. The top line ...
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Revenues up at Vuzix
Vuzix Corporation, the U.S. producer of smart glasses and augmented reality (AR) products, has posted its second-quarter results, with a rise in revenues of 56 percent year-on-year, 61 percent half-on-half and 12 percent quarter-on-quarter. Total sales for Q2 rose from $3.01 to $4.69 million. Overall gross profit for the quarter ...
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News briefs
Record Q2 sales at KITS
KITS Eyecare’s second-quarter saw revenue up 38 percent from $21.8 million to a record $30.0 million. Gross margin was up 80 basis points, from 32.2 to 33.0 percent, and adjusted EBITDA up by $1.1 million, from a negative $0.6 to a positive $0.5 million. The company’s cash balance at the ...
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News briefs
New segments at Vision Expo West
Vision Expo West – scheduled for Sept. 27-30 at the Venetian Expo & Convention Center in Las Vegas – has added two exhibition segments: ocular aesthetics and audiology. The exhibitors that have signed up for these include MAICO Diagnostics, BlephEx, Dejavi Innovation, MDelite Laser, Avologi and Optometric Aesthetics. In all, ...