All Retail articles – Page 17
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News briefs
Mister Spex expands German retail network to 31 stores
The German optician and eyewear retailer Mister Spex is expanding its domestic store network to 31 units with new openings in Bielefeld on June 10, Heidelberg on June 18 and Saarbrücken and Lübeck on June 25 and July 2 respectively. With the Bielefeld store, the company further consolidates its presence ...
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ArticleOne thing is growing faster than online fashion sales: digital CMR
The Covid-19 pandemic has truly changed the rules of the fashion retail game, accelerating some trends that were already developing and leading to completely new scenarios that are testing the strengths of even the strongest brands. Digitilization is a major force in this scenario, but it is not growing fastest ...
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News briefs
Luxottica to open 250 Sunglass Huts shop-in-shops in Hudson stores
Luxottica, the Italian frame manufacturing unit of the EssilorLuxottica group, will open 250 Sunglass Hut shop-in-shops in Hudson stores and localized convenience concepts across North America. The decision comes after a successful pilot at Richmond International Airport earlier this year. Hudson plans to open nine additional shop-in-shops by August, with ...
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News briefs
Drumohr launches a small sunglass collection
Drumohr, the Scottish knitwear brand established in 1770 and bought in 2016 by the Itailan businessman Michele Ciocca, has launched a small eyewear collection. The designer Emanuele Magenta proposed the brand extension to Ciocca, who accepted the idea. The collection comprises only one model of unisex acetate sunglasses, available in ...
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News briefs
For Eyes, Walgreens set up co-branded website
For Eyes, the U.S. business unit of the GrandVision group, has expanded its partnership with the American drug store chain Walgreens by launching a co-branded website called Walgreens.foreyes.com. In a message on his LinkedIn account, Jorge Gervasi, For Eyes’ managing director, said that the website was created in just eight ...
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News briefs
Online represented one-third of retail sales in the UK in May
In May, the proportion of overall retail sales in the U.K. bought online soared to the highest level on record at 33.4%, which compares with the 30.8% reported in April, according to the Office for National Statistics (ONS). In a survey carried out between May 18-31, the ONS says that ...
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News briefs
Optic 2000 partners with Oney to offer financing solutions
Optic 2000 has signed a partnership with the French-based Oney, a subsidiary of the larger BPCE banking group and Auchan Holding. that presents itself as a bank with a retailer DNA, in order to offer credit facilities to clients for their optical and hearing aids’ equipment needs. Starting June 11, ...
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ArticleItaly 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 by trade ...
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News briefs
Michael Pachleitner Group extends distribution of Red Bul SPECT
Red Bull SPECT Eyewear, a brand of the Austrian group Michael Pachleitner Group, is expanding its sales network. From this autumn, the brand will be available in most stores of the Austrian retailer Blue Tomato as well as at the chain Intersport Austria and Switzerland.
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ArticleGrandVision sales in reopened stores drop by 13% early June
GrandVision is enjoying a recovery in sales as its stores reopen, but the company has noted that consumers are continuing with e-commerce purchases, especially for contact lenses.
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Article
Two large Italian retailers obtain government-guaranteed loans
The Italian retailers OVS and Rinascente have obtained government-guaranteed loans as part of the so-called liquidity decree to support large companies affected by the Covid-19 pandemic. The measure applies to firms with more than 5,000 employees in Italy and annual revenues above €1.5 billion. Economy Minister Roberto Gualtieri agreed to ...
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News briefsEnglish retailers reopen in a climate of caution
Non-essential stores reopened in England on June 15 amid concern that consumers will be absent, as a majority of people, 54 percent, remain opposed to the reopening. They are particularly reluctant to returning to shopping centers.
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News briefs
Kering Eyewear takes over Chloé license from Marchon
Kering Eyewear is taking over the worldwide eyewear license for the Chloé brand, which is owned by the Swiss luxury goods group Richemont, from Marchon, who has held it for the past nine years. The handover is scheduled to take effect in January 2021. Kering Eyewear is controlled by the ...
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News briefs
ABB starts distributing contact lenses in Canada
ABB Optical Group, a Florida-based provider of optical products and business solutions, has started distributing contact lenses to Canadian eyecare professionals. To serve its Canadian customers, ABB has opened a distribution center in Delta, British Columbia, and will employ about 20 people, and expects to expand during the year. It ...
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News briefs
Mister Spex to open new stores in Germany
Mister Spex opened a new store of 90 square meters in Reutlingen on May 20. The German eyewear retailer will be opening another, 60-square-meter store in Heidelberg on June 18. Once the new store in Düsseldorf opens this month, Mister Spex will have 29 stores in Germany. ...
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Article
Hapter may set up a direct-to-client channel in countries not covered by its network
Hapter, the high-end Italian manufacturer that retails it products at €400-500 a pair, is considering the possibility of setting up a direct-to-client sales channel in countries not covered by its network of agents and distributors.
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News briefs
Eyeglass prescriptions may fall by 3 million in France this year
In a series of recent interviews by the French website Acuité, several optical retail chain managers including Jean Pierre-Champion, general manager of Krys Group, Yves Guénin, general secretary of Optic 2000 and Gad Dhéry, CEO of Optic Duroc, have expressed concerns about a significant decline in eyeglass prescriptions in France, ...
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News briefs
Germany’s VAT cut may hit retailers across the border
Germany decided on June 3 to reduce the value-added tax (VAT) rate on non-food products to 16 percent from 19 percent, starting from July 1 and through the balance of this year, to give a boost to consumption and the economy. It has also cut the VAT rate for restaurants ...
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News briefs
McArthurGlen to launch rent relief package for its retail partners
McArthurGlen, the international operator of designer factory outlet centers, has launched a rent relief package for its retail partners until the end of this year. The group is waiving all minimim base rent, turnover-based rent and marketing charges for tenants in all of its centers that were closed from April ...
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ArticleWGSN sees three major consumer groups emerging from the crisis
The coronavirus pandemic has accelerated societal changes and is forcing industries worldwide to adapt to the resulting changes in consumption, and WGSN has set out to predict what consumers will be looking for in the next couple of years.
