All News briefs articles – Page 7
-
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 ...
-
News briefsApple to compete with Ray-Ban Meta?
Apple CEO Tim Cook apparently believes the same thing as Meta CEO Mark Zuckerberg – that eyeglasses are the ideal “form factor” (Zuckerberg’s words) for computing. “Cook has made this idea a top priority for the company and is hell-bent on creating an industry-leading product before Meta can. ‘Tim cares ...
-
News briefs
Ocuco partners with US online platform for healthcare professionals
Ocuco has announced that is has signed a partnership with Nextech, a Florida-based company servicing 16,000 specialty practices in various medical specialties (dermatology, med spa, ophthalmology, orthopedics and plastic surgery) with an online platform for the management of their clinical and operational workflows. Under the new agreement, Nextech ...
-
News briefs
Marcolin celebrates Christian Louboutin Eyewear launch
Marcolin held on April 10 a cocktail party at The Nines, a club in New York City, with celebrities and “Friends of the House” to celebrate the launch of its first Christian Louboutin Eyewear collection. The frames are fitted with exclusive ZEISS lenses, the company said. They are available from ...
-
News briefs
Weak sales for LVMH in Q1
LVMH has reported a 2 percent year-on-year decline in Q1 revenue to €20.3 billion. On an organic basis, sales declined by 3 percent, dragged down by the Wines & Spirits (-8%) and the Fashion & Leather Goods (-8%) segments. By region, Europe was the only growing market in the quarter ...
-
News briefs
Innovative Eyewear eyes European market, exercises warrants for $1.8m proceeds
Innovative Eyewear has announced its intention to appoint a European distributor for its Lucyd Armor smart safety glasses, which have obtained the EU EN 166:2002 safety certification for workplace use. The company plans to enhance its Lucyd Armor range with sunglass and prescription versions later this year. It has also ...
-
News briefs
JINS H1 revenue up 18%, driven partly by inbound tourism
Jins Holdings has reported a 17.9 percent year-on-year increase in H1 revenue to 44.8 billion Japanese yen (€276m). The strong performance was driven by a 20.2 percent jump in domestic sales to ¥34.8 billion (€214m), while the international segment grew by 10.7 percent. The Japan-based company said that the sharp ...
-
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 ...
-
News briefs
Divel Italia opens Iberian branch
DIVEL ITALIA has announced the opening of DIVEL IBERIA, a commercial and distribution branch for the Iberian market located in Murcia, Spain. The lens manufacturer now operates production facilities in Italy, Albania, Romania, Morocco and Cina and four commercial branches in France, Ukrain, Egypt and Spain.
-
News briefs
Rodenstock Italia appoints country manager from within
Rodenstock Italia has promoted Paolo Schieppati to the position of Country Sales Manager. Schieppati joined the company in 2022 and has served as Head of Key Accounts and Business Development manager. He is replaced by Lorenzo Perugini as Head of Key Accounts.
-
News briefs
Titan eye care retail business up 5% in 2024
Titan Company, an Indian retail group operating over 2,000 stores across different sectors, has reported revenues of Rs724 crore (€75m) for its eyecare division in fiscal 2024, up by 5.1 percent from the previous year. The Ebit margin was down by 2.5 percentage points to 11.7 percent. International brand sales ...
-
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 ...
-
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 ...
-
News briefs
Eyes + More launches prime time TV campaign in Germany
Nexeye, the Dutch-based optical retail group, is launching a large-scale advertising campaign on leading German TV channels (RTL, Sat.1 and VOX) during prime time for its Eyes + More chain, with a focus on the banner’s “Buy 3, Pay for 2” offering. As previously reported, Nexeye is aiming to add ...
-
News briefs
CooperVision cumulated donations to Optometry Giving Sight top $5m
CooperVision has announced that it has raised over $5 million for the Optometry Giving Sight (OGS) World Sight Day Challenge since 2008, making it the largest all-time donor of the charity organization. OGS is funding initiatives around the world – the establishment of optometry schools and vision clinics, the training ...
-
News briefs
Krys Group appoints new general manager
KRYS GROUP has announced the appointment of Amaury Dutreil as its new managing director, succeeding Jean-Pierre Champion who is retiring after twelve years at the head of the French optical and audition voluntary group. A seasoned executive with over 30 years of experience in the healthcare and retail sectors, Dutreil ...
-
News briefsBlenders founder cedes CEO post
Safilo-controlled Blenders Eyewear has appointed Jack Gray to the post of CEO. Gray is replacing Chase Fisher, the brand’s founder, who has written a self-effacing post on LinkedIn about his departure. As his company grew, Fisher writes: “I found myself buried in operations, managing processes, and putting out fires instead ...
-
News briefs
Essilux’ number of shareholding employees keeps rising
EssilorLuxottica has announced that its number of shareholding employees rose to 97,000 in 2024 from 83,500 in the previous year following record-breaking investments in the group’s international shareholding plan and the French PPE that respectively raised €190 million and €33 million. The number of employees who joined Valoptec, the association ...
-
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 ...
-
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 ...
