All Market Statistics articles – Page 2
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ArticleGlobal personal luxury goods seen down 23% this year
Global sales of personal luxury goods are estimated to fall by 23 percent this year to €217 billion, with constant currency sales down by 22 percent. It will be the first drop since the financial meltdown of 2009, according to the Altagamma-Bain Worldwide Luxury Market Monitor 2020. The survey forecasts ...
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News briefsBritons started Christmas shopping in October
Britons started their Christmas shopping early this year, according to data released by the Office for National Statistics (ONS). In October, retail sales volumes increased by 1.2 percent in the U.K. when compared with September, marking the sixth consecutive month of growth. The increased reached 6.4 percent for non-store retailing, ...
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News briefs
Opticians’ sales down 99.1% in France in April
Banque de France reported that optical shops’ revenues in the country decreased by 99.1 percent in April, the only full month under lockdown, as compared to the same month last year. It is the second highest drop rate among all sectors in France, after bicycles and motorbikes, which went ...
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News briefs
Americans are adjusting to the Covid-19 crisis
Interesting new trends have emerged in The Vision Council’s newly released April COVID-19 Optical Impact Consumer Study. In the words of the council’s chief executive, Ashley Mills, the team behind the survey has identified “subtle shifts in consumer sentiment toward eyecare and vision correction.” Over the course of April, the ...
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Article
Altagamma predicts 20 percent drop in global luxury goods sales this year
Global sales of luxury goods are forecast to fall by 20 percent this year, with Europe most affected. It could take until 2023 to return to 2019 levels, according to forecasts by Altagamma and the consultancy Bain Company .
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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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Article
The German industry projects a drop of 23 to 34%
Spectaris, the German ophthalmic industry association, conducted an online survey among members of the German industry in mid-April. According to the report, 90 percent of the participating companies said that they had received fewer orders in the previous weeks, 75 percent said that their economic situation had worsened due to ...
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Article
The German optical retail market grew by 3.8% in 2019
ZVA, the German association of opticians, published a report on the German ophthalmic optics market on April 27. ZVA reported that the German optical retail market increased by an estimated 3.8 percent to €6.5 billion in 2019, as compared to the previous year.
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Article
Suppliers help opticians in the U.S.
More than 75 percent of U.S. opticians consulted by the Vision Council said they were receiving some form of support from their suppliers in a survey conducted between April 8 and 11, up from 31 percent in a previous survey on March 24-27. Details about the kind of support could ...
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Article
German independents outperformed in Europe in 2019
Independent opticians performed particularly well in Germany in the past year. According to GfK, the German market enjoyed strong growth in Europe, rising by 5.5 percent to €5.8 billion at the retail level, compared with increases of 1.4 percent in France and 1.1 percent in Spain and a decrease of ...
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Article
The European contact lens market rose by 4.3% in 2019
The contact lens market in 33 European countries rose by 8.8 percent in 2019 to €1,960 million, according to data released by Euromcontact, which represents the contact lens and lens care industry in Europe. On a comparable basis, the growth was limited at 4.3 percent, as the organization was not ...
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Article
Essilor is recognized as a Diversity Leader
Essilor has been awarded the title of “Diversity Leader 2020” by the Financial Times (FT). The French eyewear group ranked 62nd out of a total of 10,000 companies in the FT’s new annual ranking of diversity and inclusion in the workplace. The assessment covered the companies’ achievements in multiple types ...
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Article
Germany remains the biggest importer in Europe
According to the latest report on European trade flows published by Spectaris, the German ophthalmic optics industry association, Germany was once again the European Union s biggest importer of ophthalmic optics products in 2018, reaching a level of €1.43 billion. France remained in second place with an import value of ...
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Article
Eyewear sales will be 12% online by 2023
The global consumption of prescription frames and sunglasses is expected to grow annually by 3-4 percent to reach €61 billion in 2023 as compared to €51 billion in 2018, with sales rising by 2 percent a year in developed countries and by 5 percent in emerging markets, according to data ...
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Article
Italy’s eyewear exports rise by 7.4%
Italy s eyewear exports rose by 7.4 percent in value during the first half of 2019, with sales of prescription frames up by 10.3 percent and sunglasses up by 5.7 percent. They benefited in particular from the weakness of the euro against the dollar and new commercial initiatives by some ...
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Article
Russia imports more contact lenses
In 2018, Russia imported contact lenses worth $141.2 million, 4 percent more than in the previous year, according to the Russian Federal Customs Service (FCS). The country also exported contact lenses valued at $2.97 million, but it gave no information on the previous year s export score. The biggest ...
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News briefs
Jobson Optical Research's 2019 Optical Retailer Report is now available
Jobson Optical Research’s 2019 Optical Retailer Report & Directory is now available. It contains a list of the top optical retailers in the U.S., including contact information for company headquarters, key executives, buyers’ names for all product categories, and trade names. The report includes Vision Monday’s annual “Top 50 U.S. ...
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Article
The contact lens market keeps growing
In 2018, the market value of soft contact lenses to eye care professionals increased by 4.5 percent to €1,831 million, according to an annual study by the European Federation of National Associations and International Companies of Contact Lens and Lens Care Manufacturers (Euromcontact). The strongest growth was in Switzerland, where ...
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