The latest news, analysis and data on corporate strategic initiatives, the latest mergers and acquisitions, IPOs, insolvencies and cooperations in the eyewear industry.
Del Vecchio heir and Essilux manager increases stake in controlling shareholder Delfin
Leonardo Maria del Vecchio, Chief Strategy Officer at EssilorLuxottica and one of the heirs of Luxottica founder Leonardo del Vecchio, has reached a deal that will make him the largest shareholder in Delfin, the Del Vecchio holding company that in turn controls Essilux with a 32.4 percent stake.
Safilo in exclusive talks to acquire Spy+ and Serengeti from Bollé Brands
Safilo Group appears set to acquire the SPY+ and Serengeti brands from Bollé Brands, after the signature of an exclusive agreement between the two companies was announced earlier this week. Although no transaction has been finalized at this stage as discussions are still ongoing, the deal seems very likely to ...
Kering Eyewear expects 'execution' and AI glasses to drive next growth phase
Kering presented yesterday ReconKering, its strategic turnaround plan, to investors during its Capital Markets Day (CMD) in Florence, Italy. “ReconKering is designed to restore clarity, rebuild execution discipline and place the Group back on a long‑term leadership trajectory,” the official release reads.
Julbo tops €50m in sales as new owner builds on brand heritage
After more than 135 years of history, including over four decades under the leadership of the Beaud family, Julbo was acquired by Peugeot Frères Industries, the investment arm of the Peugeot family, in 2022. We recently sat down with Damien Guillobez, CEO of Julbo, to discuss the sport eyewear company’s ...
Revenio Group acquires Visionix in €290m deal
Revenio Group, a Finnish-based public company supplying eye care devices and software, announced yesterday the acquisition of Visionix, the French-based group specializing in eye care diagnostics and measurement instruments.
Chinese smart glasses firms eye IPOs in race with big tech
Prominent Chinese smart glasses companies are increasingly turning to the stock market to fund their growth in a fast-moving, highly competitive sector.
Zeiss acquires Vivior’s assets
Zeiss Vision Care has acquired “key assets” of Vivior AG, the Swiss developer of a device whose data stream helps recommend or customize lenses and other products.
Leading electronics ODM and Ray-Ban Meta supplier to form lens JV with Asahi Lite
Goertek Optical, a subsidiary of Goertek, a leading Chinese original design manufacturer and components supplier for smart hardware, is about to form a joint venture with Asahi Lite, as we have just learned. The announcement was made a few weeks ago by Conant Optical, the Chinese-based lens manufacturer that fully ...
Safilo comments FY 2025 solid performance, M&A targets
Confirming preliminary results released at the end of January, Safilo Group announced yesterday that its Q4 revenue declined by 4.6 percent to €225 million. At constant exchange rates, the topline inched up by 0.4 percent, with both North America and Europe growing at a low single-digit margin rate (see table). ...
Topcon Healthcare launches EMEA innovation center
Topcon Healthcare has launched the Topcon Healthcare Innovation Center EMEA (THINC EMEA) in London’s Knowledge Quarter, modeled from its first THINC facility in La Jolla, California. The new London center will serve as a collaborative platform between eye‑care specialists, healthcare professionals, academics, industry partners, and patient associations across Europe, the ...