All Trade & Sourcing articles – Page 3
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ArticleSelfridges launches Project Earth
Selfridges has launched Project Earth, an initiative which explores “more sustainable ways to shop” by setting new sourcing standards and creating repair, resale and rental businesses. Under the scheme, the British department store pledges that by 2025 it will only stock products that respect its new sourcing standards on cotton, ...
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ArticleGerman optics industry calls for stripped-down free trade deal between U.K., EU
Spectaris, the German industry association for optics, photonics, analysis and medical technology based in Berlin, called for a “stripped-down” free trade agreement between the U.K. and the European Union to avoid the parties failing to strike a deal, which would lead to a so-called hard Brexit. “Better a stripped-down free ...
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News briefs
EU sees trade deal with U.K. as unlikely
Michel Barnier, the European Union’s chief negotiator for Brexit, said he views the possibility of reaching an agreement by the end of the year with the U.K. on the parties’ future trade relations as unlikely, following a new round of inconclusive talks in London. Barnier said there had been little ...
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News briefs
Optiswiss to upgrade its production site in Switzerland
Optiswiss, the large Swiss-based independent lens laboratory, has set up a fully automated production line for its remote form edging. Orders are currently increasing and its roughly 200 employees have restarted working normally. The company had introduced remote working and shortened working time due to the coronavirus crisis, it said. ...
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News briefs
UK to erase import tariffs for spectacle frames
The British government has removed import duties for frames and mountings in its new tariff regime known as the U.K. Global Tariff (UKGT), and that will replace the European Union’s Common External Tariff (CET) from Jan. 1, 2021. Under the current regime they are taxed at 2.2 percent. For sunglasses, ...
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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 €1.38 ...
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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 companies ...
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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 suppliers of ...
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