All Eyewear Intelligence articles in Volume 12, Issue 3 – Page 2
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Article
Essilor sees growth rising on a comparable basis
The management of Essilor International is quite confident that this year it will be able to at least maintain the 18.1 percent operating margin recorded in 2010, while the company's organic growth should continue to improve gradually in the course of the year, going from an annual rate of 3.6 ...
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News briefs
Five Towns Optical, a prescription laboratory based in Stoke-on-Trent, England,...
Five Towns Optical, a prescription laboratory based in Stoke-on-Trent, England, has ceased operations after going into voluntary liquidation and being handed over to the control of a British insolvency firm, Moore Stephens. The reasons given for the failure of the 61-year-old firm were a decline in sales and the new ...
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News briefs
Jobson Optical Research has released its Optical Business Barometer for...
Jobson Optical Research has released its Optical Business Barometer for January, finding that independent eye care professionals in the U.S. are still feeling about as optimistic about the industry as they were in December. On its scale of 1 to 5, where 1 is “very negative” and 5 is “very ...
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News briefs
Exalt Cycle, the brand created by the bankrupt Vidivici, has...
Exalt Cycle, the brand created by the bankrupt Vidivici, has been licensed to ARS Optical, another Italian company based in Varese. ARS already has the Sweet Years brand, and will now have exclusive distribution in Italy for this new collection of 22 XY prescription models. Exalt Cycle, and the patents ...
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News briefs
Bausch + Lomb is recalling any Soothe Xtra Protection eyedrops...
Bausch + Lomb is recalling any Soothe Xtra Protection eyedrops in the U.S. with expiration dates from February 2011 to August 2012. Samples of the product found that it might not be effective even before its expiration date; no adverse effects were discovered. The recall is because an ineffective product ...
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News briefs
VSP Global is simplifying things, announcing that its Eyefinity/OfficeMate operation...
VSP Global is simplifying things, announcing that its Eyefinity/OfficeMate operation will henceforth be known as just Eyefinity. The company said it would help more easily define the business software and internet-based product division. The OfficeMate software solution will keep its name, as will the various other products.
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News briefs
Signature Eyewear has renewed its license for the Cutter &...
Signature Eyewear has renewed its license for the Cutter & Buck Eyewear collection, extending it through Dec. 31, 2014, and now covering the whole world. It was originally set to expire at the end of this year. The two companies have been partners since 2006. Signature designs, manufactures and distributes ...
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Short stops
Frency & Mercury, a Japanese designer line of handcrafted frames,...
Frency & Mercury, a Japanese designer line of handcrafted frames, is making its first European presentation at a showroom in Milan's Porta Ticinese during the Mido show
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News briefs
Chrome Hearts, the American luxury brand, has bought the assets...
Chrome Hearts, the American luxury brand, has bought the assets of Optical Shop International (OSI) through its new offshoot, Chrome Hearts Eyewear. The acquisition, which includes OSI's Blinde eyewear license, will allow Chrome Hearts to oversee all of its key product categories, ensuring consistency across jewelry, apparel, eyewear and other ...
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Short stops
REM Eyewear has joined VisionWeb, the American online ordering platform...
REM Eyewear has joined VisionWeb, the American online ordering platform
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Article
Allison grows, plans new brand
Allison is in the process of negotiating licensing terms with a new brand, but no further details are available at the moment. The past two years have seen some serious reorganization of the brand portfolio. When profitability and sales volumes were seen as lacking, licenses for such famous names as ...
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Article
Italo-Canadian alliance in low vision
Eye Technologies, an Italian company specializing in optical instruments for low vision, has been appointed distributor in the Italian market for a world leader in this sector, Human Ware, a Canadian firm renowned for having developed electronic systems for dealing with this condition. The agreement leaves Eye Technologies free to ...
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News briefs
Pramaor, the company with the “all Italian all titanium” marketing...
Pramaor, the company with the “all Italian all titanium” marketing slogan, closed 2010 with a turnover of €2 million, up by 60 percent over 2009, compared with growth of 11.8 percent the previous year. The two house brands, Blackfin and Bioeyes, launched two years ago, contributed to this performance with ...
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News briefs
+++ Marcolin has extended its licensing agreement with Tom Ford,...
+++ Marcolin has extended its licensing agreement with Tom Ford, which began in October 2005, until the end of 2022 +++
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News briefs
Quiksilver, the well-known outdoor sports apparel and accessories brand, has...
Quiksilver, the well-known outdoor sports apparel and accessories brand, has gone into partnership with Carl Zeiss Vision Sunlens for its new sun eyewear for children aged 6 to 12. Roxy for girls and Quiksilver for boys will have Optics by Carl Zeiss Vision lenses.
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News briefs
Fielmann's full-year consolidated sales rose to €994 million last year...
Fielmann's full-year consolidated sales rose to €994 million last year from €953 million in 2009, according to preliminary data and the number of glasses sold increased to 6.5 million pairs from 6.4 million. The leading German optical retailer's pre-tax profits increased to €170 million from €162.5 million and net profits ...
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News briefs
Last year, Sover booked a 24 percent increase in revenues...
Last year, Sover booked a 24 percent increase in revenues to €24.6 million, of which 60 percent was achieved abroad and 40 percent in Italy. The company expects double-digit growth in 2011 and is studying the possibility of launching a specific collection for the Asian market, where it has developed strongly. ...
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Article
Luxottica sees 2011 sales lifted by emerging markets
Luxottica forecasts that 2011 sales will show high single-digit growth, at constant exchange rates, underpinned by an increase of about 20 percentage points at both wholesale and retail level in emerging markets. Wholesale sales are anticipated to rise by about 10 percent and comparable store sales by 4-7 percent in ...
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Article
Italian eyewear exports grew by 17.3% in 2010
The first quarter of 2011 is likely to confirm the trend set by Italian eyewear exports in 2010, with growth expected to reach around 15 percent. In contrast with this rosy picture, there is also confirmation that the domestic market is remaining stagnant, after losing 2.5 percentage points in 2010. ...
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News briefs
REM Eyewear reports the unexpected death on Feb. 16 of...
REM Eyewear reports the unexpected death on Feb. 16 of Kara Casey, who has been vice president of corporate accounts since 2002. She previously worked at Nouveau Eyewear in marketing. REM is setting up a special section of its website to commemorate her death and will host a celebration in ...
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