All Legal & Institutional articles – Page 6
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Article
EssilorLuxottica sues GrandVision over Covid-19 disclosure
EssilorLuxottica has initiated legal proceedings before a district court in Rotterdam to obtain information from GrandVision regarding the management of its business during the Covid-19 pandemic and the extent to which it has allegedly ”breached its obligations under the support agreement.” The Franco-Italian eyewear company, which ...
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Article
EU may ask Essilux to sell stores in GrandVision deal
The European Commission may ask EssilorLuxottica to sell stores in Italy and another EU country, either France or the Netherlands, to secure its planned 7.2 billion euro acquisition of GrandVision , according to the newspaper Financial Times . But the company has not yet committed to selling ...
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News briefs
Germany increases funding for industrial research
Following lobbying by the German industry association Spectaris and other groups, the German government has agreed to increase by €50 million funds destined to corporate industrial research to a total of €300.6 million. The money is part of a stimulus package to mitigate the impact of the coronavirus pandemic. ...
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Article
The EU extends deadline for Essilux-GrandVision probe to Aug. 20
Once again the the European Commission has pushed back the deadline for completion of its in-depth anti-trust investigation into EssilorLuxottica ’s planned €7.2 billion takeover of GrandVision, according to a filing on its website. The deadline was postponed by a week, or five working days, to Aug. ...
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Opinion
Amazon and other marketplaces may be in for a reckoning over illegal sales
Why the sale of illegal products through online platforms could become a problem for Amazon and other marketplaces – and why the widespread circumvention of EU competition law may soon be over
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News briefs
Novacel joins AsnaV
Novacel , the lens laboratory that was Covid-19 certified last month, has recently become a member of the French Association pour l’Amélioration de la Vue (AsnaV) , joining Essilor France , BBGR and Transitions in the lens makers’ member group. Founded in 1954, AsnaV is a non-profit ...
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News briefs
A new register for historic trademarks in Italy
A special register for “historic trademarks of national interest” has been created in Italy. Registration in the new inventory is open to trademarks that have been registered for at least 50 years. For an unregistered trademark, the applicant must prove that the trademark has been in continuous use for at ...
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News briefs
Euro area wage decline limited at 7% during lockdown
The decline in labour income was limited at 7 percent in the euro area during coronavirus-related lockdowns thanks to short-time work and temporary lay-off schemes introduced in various member states of the monetary union, according to a survey released by the European Central Bank (ECB). The ECB notes that ...
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Article
Italy considering a €50 voucher to buy eyeglasses, contact lenses
The Italian government is expected to examine a proposal put forward by the non-profit organization Commissione Difesa Vista (CDV) to distribute by the end of the year to Italian taxpayers a €50 voucher to buy eyeglasses or contact lenses. CDV promotes vision and eye health and was founded ...
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News briefs
Gifo and Silmo send 50,000 face shields to opticians
Gifo , the French eyewear industry association, will provide optical shops with a total of 50,000 face shields, in partnership with the organizers of the Silmo eyewear show. The operation is aimed at supporting the country’s opticians that reopened their businesses on May 11, after almost two months of ...
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Article
British opticians have a new working group to discuss Covid-19 exit
The Association of British Dispensing Opticians ( ABDO ) has a new working group to discuss the exit phase from the Covid-19 lockdown and there after. The group will provide members with guidance and recommendations on protocol during the exit phase and when practices open again to provide routine eyecare. ...
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News briefs
French social security set to post record deficit
The deficit of the French social security is expected to reach a record €41 billion in 2020 because of the impact of the Covid-19 pandemic on public accounts, according to the budget minister Gérarld Darmanin . The social security system is expected to increase spending by €8 billion because of ...
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Article
Italy's eyewear industry may have lost half its revenues with the Covid-19 crisis
The Italian eyewear industry, especially smaller companies, may have lost about 50 percent of its revenues as the Covid-19 pandemic has been spreading worldwide, leading to about half of humanity being placed in quarantine, pointed out Giovanni Vitaloni , president of the Italian manufacturers’ association Anfao, in an ...
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News briefs
Japan extends state of emergency to May 31
Japanese Prime Minister Shinzo Abe said that the country’s state of emergency will be extended to May 31, after government officials judged that it was premature to lift it given the progression of the Covid-19 pandemic in the country. The state of emergency was gradually introduced nationwide from April ...
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News briefs
French mutual benefit societies merge
The French mutual benefit societies grouping opticians and audiologists, respectively Opticiens Mutualistes and Audition Mutualiste , merged last December and launched a new banner, Ecouter Voir (Hear See), along with an advertising campaign
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News briefs
Bausch + Lomb's Italian country manager becomes president of Assottica
Andrea Croce , Italian country manager for Bausch + Lomb , was elected president of the Italian contact lens association Assottica until 2022. He is replacing Stefano Romandini , who has run the association for the past two years. Assottica’s members are Alcon , AMO , Bausch + Lomb, CooperVision ...
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Article
The Vision Council takes a new tack
The Vision Council announced details from a new five-year plan, including a new consumer marketing strategy. Both are set to commence this year and following the council’s annual Executive Summit, held on Jan. 29-31 in Manalapan, Florida. The council also inducted its board of directors for the new year. ...
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News briefs
The Vision Council has appointed Nathan Troxell as director of...
The Vision Council has appointed Nathan Troxell as director of industry development for Think About Your Eyes, the public awareness initiative focused on educating consumers in the U.S. about the importance of vision health and annual comprehensive eye exams, in partnership with the American Optometric Association. In his new role, ...
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News briefs
Luxottica, the Italian unit of EssilorLuxottica, has decided to quit...
Luxottica, the Italian unit of EssilorLuxottica, has decided to quit Anfao, the Italian eyewear industry association, without giving a reason. The departure is said to be the natural consequence of Luxottica's decision last year to leave Confindustria, the Italian employers' association, in the context of its merger with Essilor in ...
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News briefs
Oakley has won a legal challenge in the European Court...
Oakley has won a legal challenge in the European Court of Justice over its elliptical logo. The highest court of the European Union overturned an earlier decision by the European Intellectual Property Office (EUIPO) which ruled that a logo registered by a Chinese individual, Xuebo Ye, did not infringe on ...