All Legal & Institutional articles – Page 2
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News briefs
French eyewear industry association surveys glasses wearers on the ‘Made in France’ label
Ahead of its annual Manufacture Tour event, LEOO, the association of French optical products manufacturers, has announced the results of a survey on the perception of the Made in France label among glasses wearers in France. Over 1,600 people participated in the survey which was commissioned by Opinion Way, a ...
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ArticleItaly’s centuries-long eyewear tradition on display in Venice
The first eyeglasses were invented in Italy in the late 13th century and were rudimentary objects, consisting of two convex lenses held together by a rivet and mounted in frames made of wood, leather or bone. They were used to correct presbyopia and lacked the temples that are now a ...
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News briefs
Spex Pistols shop in Scotland rebrands after legal dispute with punk band
Spex Pistols, a small optical shop in Dundee, Scotland, has changed its name after being legally challenged by lawyers representing the Sex Pistols, the famous British punk band. While the Sex Pistols legal representatives’ objection pertained to the shop’s logo, whose design was allegedly similar to that of the band, ...
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ArticleItaly’s ANFAO inaugurates ‘Lens of Time’ exhibit
ANFAO, the Italian eyewear association, on May 7 inaugurated the “Lens of Time – The History of Eyewear in Italy” exhibit in Palazzo Flangini in Venice. The exhibit recounts the history of Italian eyewear, stretching over seven centuries from its Medieval origins in Venice to contemporary design. Lorraine Berton, ANFAO ...
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ArticleDebate on eyeglasses reimbursements heats up again in France
The federation of private health insurances wants to extend their clients’ refund period rights for eyeglass purchases from two to three years. The French opticians association has expressed strong reserves.
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ArticleAntitrust suit threatens Meta’s revenues, perhaps R&D
After more than four years, the US FTC has gotten Meta into court.
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News briefs
International trade sees big week-on-week drop
The freight tracker Vizion (associated with Dun & Bradstreet) has reported a “collapse” in US import bookings from the week of March 24-31 to that of April 1-8. This comes after a “Q1 surge.” In detail: Global 20-foot equivalents (TEUs): down 49 percent Overall US imports: down 64 percent ...
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ArticleUS tariffs turnaround brings the sector some relief but raises questions on spillover effects, 'de-risking' policies
Combined US Import duties on China-origin optical products now range between 152.5 percent and 178 percent, while most other countries’ reciprocal rates have been lowered to the 10 percent baseline rate for 90 days.
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News briefsSpain likely to add eyecare to national health system
Spaniards have come closer to having a right, as El Diario phrases it, to glasses and contact lenses. As Moda en Gafas is also reporting, the lower house of Spain’s legislature, the Congress of Deputies, has voted unanimously in favor of a bill put forth by José Ignacio Garcia (of ...
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ArticleUS administration focus on transshipments calls for higher vigilance on goods’ country of origin
As transshipments have become an increasing focal point of the US trade policy, we have asked The Vision Council experts questions on the notion of ”substantial transformation” of products, which is the basis of the determination of their country of origin under US law, and on possible issues related to “Made in country X” markings.
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News briefs
French watchdog finds irregularities at optical shops and hearing aid centers
The Direction Régionale de la Concurrence, de Consommation et de la Répression des Fraudes (DGCCRF) – in other words, the French watchdog for frauds and other infringements to competition and consumption laws – has audited the businesses of 1,300 opticians and hearing aid centers in 2023 and 2024. The agency ...
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News briefs
Former Lenskart franchisees challenge the group’s strategy in court
Former Lenskart Indian franchisees are accusing the company of unfair trade practices and asking for the reopening of their case at the Karnataka high court, in Southwest India, according to The Ken, an Indian business news website. The plaintiffs claim that Lenskart has created unfair competition by switching its business ...
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ArticleMain eyewear stocks down 7% and supply chains in doubt on US tariffs shock
So-called “reciprocal tariffs” announced by US President Donald Trump have sent global eyewear stocks down. The particularly high rates slapped on China and Southeast Asian countries challenge supply chain adjustments made in the last 2 years. Questions on how US consumers will respond to higher eyewear prices abound.
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News briefs
France moves forward on legal framework for refurbished medical devices
A decree last month in France’s Journal Officiel, the official gazette of the country’s laws and regulations, is laying out the initial legal framework for the refurbishment of consumer medical devices, a category encompassing eyewear frames. The refurbishment of these medical devices at certified facilities as well as informing consumers ...
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News briefs
JEH confirms insider trading regulations breach, announces countermeasures
After an internal investigation, Japan Eyewear Holdings has confirmed that an acquisition of company shares by one of its outside directors, at the time when the group was planning a second shares offering and a change in market category at the Tokyo Stock Exchange, was a violation of the insider ...
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News briefs
Malaysia bans optical devices and contact lenses e-commerce
Malaysia’s Medical Device Authority (MDA) has made a public announcement to inform consumers that the online sale of optical devices and contact lenses is strictly prohibited in the country. These products are categorized as prescribed medical devices and therefore require a prescription and must be provided by a registered optician ...
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ArticleChina, Mexico and beyond; the US optical sector braces for Trump tariff storm
US eyewear industry association takes an in-depth look at the present and potential future US import tariffs and their impact on the sector.
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News briefs
British opticians association partners with Johnson & Johnson on professional training
The Association of British Dispensing Opticians (ABDO) has announced that contact lens maker Johnson & Johnson Vision has become its first Gold CBD Partner. CBD being the acronym for Continuing Professional Development, the partnership is focused on professional training. It includes a series of CPD events, twelve regional sessions and ...
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News briefs
EuromContact elects new president
EuromContact, the European federation of national associations and international contact lens manufacturers, has announced the election of Richard Smith as its President for the next two years, in replacement of Nicoletta Losi who held that position for the past eight years. A seasoned executive with over 25 years of optical ...
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News briefs
ANFAO and other Italian fashion associations sign new support deal with government
The Italian Ministry of Foreign Affairs and International Cooperation (MAECI) signed last week a memorandum of understanding with three Italian industry associations to support the country’s fashion companies in their international expansion by, among other things, enhancing the value of the Made in Italy label and reinforcing the fight against ...
