All Eyewear Intelligence articles in Volume 12, Issue 5-6 – Page 4
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News briefs
Revo has announced the exclusive availability via Amazon.com of a...
Revo has announced the exclusive availability via Amazon.com of a limited edition of sunglasses signed by Alexandra Cousteau, the 35-year-old granddaughter of the famous French water explorer and filmmaker Jacques-Yves Cousteau. Luxottica, parent company of Revo, will donate $10 from the sale of each pair of glasses to Blue Legacy ...
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Article
Alcon-Novartis marriage is approved
Shareholders of Alcon and Novartis approved Alcon's merger into Novartis, parent company of CIBA Vision, at the recent respective annual meetings of the two companies. As a result, Alcon, which discontinued its listing on the New York Stock Exchange, will act as Novartis' second-largest division, comprising Ciba Vision and other ...
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News briefs
Emerging Vision has gone private, after merging with its majority...
Emerging Vision has gone private, after merging with its majority stockholder. The North American optical retail company is now a subsidiary of EMVI Holdings, the sole shareholder of EMVI Acquisition Corporation, which has a stake of just over 91 percent in Emerging Vision. The change saw Emerging Vision's major stockholders ...
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News briefs
Vision-Ease Lens has started up production again in Jakarta after...
Vision-Ease Lens has started up production again in Jakarta after a fire destroyed its plant there nearly a year and a half ago. Because of the fire, Vision-Ease suspended manufacturing of a number of products, but this has now resumed. The company has completely rebuilt the plant, using state-of-the-art manufacturing ...
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Short stops
Davis Vision is going to add Ultra free-form progressive lenses...
Davis Vision is going to add Ultra free-form progressive lenses to its product portfolio with the help of Seiko Optical, which will be a primary supplier
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Article
Growing Maui Jim acquires Zeal Optic
Maui Jim has entered a promising new market segment by acquiring Zeal Optics. This rather sophisticated sports eyewear company, based in Boulder, Colorado, specializes in the development and manufacture of snow goggles with a built-in GPS that measures altitude, skiing speed and other parameters. Officials of Maui Jim note that ...
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News briefs
Luca Zangrandi, the key accounts manager for sport optics at...
Luca Zangrandi, the key accounts manager for sport optics at Bushnell Italia, has been promoted to country manager for Italy. The 32-year-old joined Bushnell last year.
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Article
Essilor confirms market’s acceleration
Essilor International increased sales by 13.4 percent to €1,027.6 million in the first quarter of 2011, in line with market expectations, and confirmed its view that the global optical market is gaining momentum and could rise by 3-4 percent this year instead of 2-3 percent as previously forecast.Organic growth reached ...
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News briefs
James Harrison, a 40-year-old manager who has worked for Asics...
James Harrison, a 40-year-old manager who has worked for Asics and Nike before, has been named brand manager at Oakley Europe for apparel, footwear and accessories. He takes the place of Urs Egli, who becomes global category manager of Oakley for technical outerwear.
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News briefs
Marchon3D will be getting two new U.S. patents for its...
Marchon3D will be getting two new U.S. patents for its circular polarized 3D eyewear. The U.S. Patent and Trademark Office approved two applications related to protecting the “innovative curved lenses” used for viewing 3D technology, Marchon3D said. One patent application protects the company's thermoformed 3D lenses, with a polarizing layer ...
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News briefs
Sales of contact lenses and solutions dropped to €257 million...
Sales of contact lenses and solutions dropped to €257 million in France last year, according to Syffoc, the trade association of contact lens suppliers. Contact lenses were down by 2.8 percent to €214.5 million, while solutions were off by 2.4 percent to €42.5 million. This was in stark contrast with ...
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News briefs
The preliminary figures are in for the 25th anniversary edition...
The preliminary figures are in for the 25th anniversary edition of International Vision Expo East, held last month in New York. They indicate that total attendance was up by 7 percent. The show featured 565 exhibitors and more than 300 hours of continuing education classes. Final figures should be available ...
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News briefs
On March 22, the Danish Maritime and Commercial Court settled...
On March 22, the Danish Maritime and Commercial Court settled the case between opticians Louis Nielsen and Synoptik – initiated by Synoptik in 2009 due to an advertisement war – as a tie. The court decided that both sides infringed upon the marketing law and that Louis Nielsen illegally used ...
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Article
Safilo starts 2011 on strong note
For the second quarter in a row, Safilo booked higher-than-expected results in the opening three months of 2011. The company's chief executive, Roberto Vedovotto, said he believes that this year could mark its relaunch, after achieving a drastic turnaround in 2010 from a situation of near-bankruptcy. But while results in ...
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Article
Solid growth and finances at Optic 2000
The French buying and franchising group has reported a 79 percent increase in net profit to just over €7.7 million for the past financial year. Operating earnings increased by 57 percent to €14.9 million. Cash flow continued to improve, reaching €14.5 million for the year, and debt was further reduced ...
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News briefs
Lissac, the higher-end optical retail chain of Optic 2000, is...
Lissac, the higher-end optical retail chain of Optic 2000, is launching a customization service. Damien Fourgeaud, a designer who has worked for Christian Dior and Quiksilver, has begun to sketch the shapes that he proposes for each client, based on his or her facial characteristics, in the VIP section of ...
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News briefs
Free Optik, an Italian buying group with over 200 member...
Free Optik, an Italian buying group with over 200 member opticians, has a new chairman. Sandro Kichelmacher, who founded the group 18 years ago, is retiring after 60 years in the optical business. On April 3, the group's annual general meeting approved the nomination of his 45-year-old son, Marco Kichelmacher.
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Article
Hal’s optical retail sales near €2.7 billion including franchises
The optical retail business of the Dutch conglomerate Hal Holding increased revenues by 8.0 percent to €2,194.3 million in 2010. Excluding acquisitions and currency changes, turnover rose by 3.7 percent. Comparable store sales were up by 0.3 percent, reversing the 1.6 percent decrease booked in 2009.Hal consolidates Pearle Europe, GrandVision, ...
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Short stops
Jan Cory, who has spent 12 years with Luxottica in...
Jan Cory, who has spent 12 years with Luxottica in the U.S., most recently as vice president of independents and sun specialty, has been appointed by Viva International as senior vice president of domestic sales, overseeing sales forces in the U.S. and Canada
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Article
Luxottica’s first-quarter sales up 11.8%
Luxottica finished the first quarter with an 11.8 percent increase in revenues to €1,556.1 million, joining LVMH, PPR and a string of other luxury goods companies that have beaten market expectations for the period. At Luxottica, sales were in fact driven by double-digit demand for luxury and premium brands, especially ...
