All News briefs articles – Page 5
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News briefs
Marcolin adds new licensed brand to portfolio
Guess? and WHP Global, co-owners of rag & bone have announced that they have signed an eyewear license agreement with Marcolin for the New York-based fashion brand. The four-year license partnership includes the design, production and distribution of sunglasses and eyeglasses. Founded in 2002 and targeting both men and women, ...
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News briefsSynsam Group launches new luxury retail concept
Synsam Group is launching a premium optical retail concept with the opening earlier this week of NK Eyewear & Optics at the NK department store in Stockholm, Sweden. The concept offers a unique combination of luxury brands, cutting-edge fashion and clinical expertise, according to the company. The 47-meter-long ...
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News briefs
Magrabi pursues M&A expansion in Middle East
Only a few months after the takeover of Rivoli Vision, Magrabi Retail Group is boosting its footprint in Kuwait with the acquisition of Kefan Optics, a local optical chain established in 1978 and currently operating 36 stores. The investment will enable the Dubai-based group to increase its market share in ...
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News briefsRodenstock comparable revenue and margins up slightly in FY 2024
Rodenstock Group revenue grew by 1.2 percent year on year and on a comparable basis to €512.4 million, the company has announced. The German-based lens maker stressed that the progress was driven by an 11 percent increase in sales to key account (excluding GrandVision), sustained growth in demand for its ...
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News briefsTopcon invests in Eye-Go
Topcon Healthcare has invested in a Danish medical-tech company called Eye-Go and is helping it to develop a product called MistGo Digital, to be incorporated into Topcon’s Harmony digital health platform. Neither company has disclosed any figures. Source: Eye-Go Eye-Go’s MistGo device. The original MistGo is a ...
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News briefs
iVision Tech Q1 sales jump 38% as acquisitions boost top line
Italian eyewear supplier iVision Tech saw group sales in the first quarter of 2025 jump by 38.1 percent to €3.4 million, with growth underpinned by recent acquisitions and the resilience of its other activities. Sales of iVision Tech’s parent company stood at €2.0 million, up 0.1 percent from the year ...
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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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News briefs
Zeiss Vision Care France appoints new general manager
Zeiss Vision Care has appointed Bertrand Dupourqué as new general manager of the group’s French subsidiary. Dupourqué joins Zeiss from CooperVision where he has served as general manager France since 2020. His previous experiences include senior management roles at Pierre Fabre Group (14 years) and L’Oréal (7 years) according to ...
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News briefs
Krys Group acquires second-hand eyewear e-commerce startup
KRYS GROUP, the leading optical retail player in France, is changing gears in its second-hand eyewear business with the full acquisition of Seecly, an online marketplace established in 2020 that is selling second-hand sunglasses and prescription glasses online. The service is open to both individuals and eyewear professionals and reportedly ...
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News briefs
JINS opens branch in the Philippines
JINS HOLDINGS has announced the opening of a subsidiary in the Philippines. The retail group has been developing a franchise business in the country since 2018 in partnership with Suyen Corporation, building a small network of eight stores. The switch to a 100 percent-owned subsidiary, in which JINS is investing ...
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News briefs
Alcon contact lens sales grow 3% in Q1 on price increases, innovation
Alcon generated contact lens sales of $688 million in the first quarter of 2025, up by 3 percent compared to the year earlier, as price increases and product innovation fuelled top line growth, more than offsetting declines in legacy products. At constant currency rates, contact lens sales were up by ...
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News briefs
TOG reports 7% topline hike in Q1, plans strategy adjustments to reduce US market dependency
Thai Optical Group has reported total revenue from sales and services of 899 million thai baht for the first quarter of fiscal 2025, up by 6.6 percent year over year. The topline progression was primarily driven by a 21.6 percent sales increase to THB293 million in the Americas market and ...
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News briefsMister Spex offering eyewear subscriptions
Mister Spex has introduced the subscription service mentioned in our report on its Q1 results. Called Mister Spex Switch, the service covers prescription glasses and sunglasses and is operative in all 65 of the stores Mister Spex operates in its home country of Germany. A monthly fee starting at €9 ...
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News briefs
Vuzix Q1 revenue down year by year but up from Q4 2024
Smart glass waveguides manufacturer Vuzix has reported a 21 percent year-on-year decline in quarterly revenue to $1.6 million, attributing most of the drop to reduced unit sales of its M400 smart glasses. However, the company stressed that sales improved quarter-on-quarter thanks to both new and follow-on orders. ”Vuzix is entering ...
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News briefsVSP Vision releases new ‘Oculomics’ report
VSP Vision has announced the release of “The Future of Oculomics,” its newest report exploring the connections between eye health and broader body health. While the term ”oculomics,” defining the study of the eye for biomarkers linked to systemic health issues, remains relatively unknown by eyecare providers (87 percent of ...
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News briefs
Topcon Healthcare recruits former Heidelberg Engineering manager to steer its digital innovation strategy in Europe
Topcon Healthcare has appointed Krysten Williams as Head of Digital Health Solutions & Clinical Development EMEA. Practically, Williams will lead the expansion of the company’s digital innovations across Europe in support of Healthcare from the Eye, the Japanese-based group’s AI-powered online platform for the detection and management of ocular and ...
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News briefs
Specsavers partners with Elton John on eyewear collection
Specsavers launched earlier this week an exclusive collection of Elton John Eyewear, in partnership with the British pop music star. The collection includes 12 optical frames and two limited-edition sunglasses inspired by Elton John songs or career moments. The frames are available at Specsavers stores and online shop in the ...
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News briefs
Pro Optik has a new CEO
German retail chain Pro Optik has appointed Dietmar Mauschitz as its new CEO, replacing Micha Siebenhandel who has left the company after fiver years at its helm. Earlier in his career, Mauschitz has worked in the optical retail sector in Germany, Denmark, the Netherlands and Belgium, most notably at Eye ...
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News briefs
Carl Zeiss Meditec appoints new CEO from within
Following the stepping down of Dr. Markus Weber, its President and CEO, and a mutual agreement “on the best of terms” to end his mandates at the end of this month, Carl Zeiss Meditec has announced that Maximilian Foerst, currently Head of ZEISS Greater China, will take over both roles. ...
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News briefs
Kits Eyecare posts record revenue and adjusted margin in Q1
Kits Eyecare Q1 amounted to a record 46.6 million Canadian dollars (€29.7m), up by 34.0 percent year-on-year, the Canadian-based e-commerce company has announced. The number of two-year active customers grew by 8.7 percent versus Q1 2024 to 946,000. Price-mix effects significantly contributed to the fast topline growth as the average ...
