All Eyewear Intelligence articles in Volume 13, Issue 3-4 – Page 4
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Article
Luxottica targets high single-digit growth in 2012
Luxottica expects to increase 2012 sales by a high single-digit rate, in terms of constant currencies, driven by emerging markets, where revenues are due to increase by more than 30 percent.Excluding one-time costs related to the reorganization of the group's Australian retail activities, operating and net incomes are seen growing ...
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News briefs
Transitions Optical has kicked off a new $20 million ad...
Transitions Optical has kicked off a new $20 million ad campaign, “Life Well Lit,” set to run in the U.S. through November. Timed to coincide with the announcement of its new Vantage lenses (see news brief in the product section), the ads will tout Transitions products in print, on television ...
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News briefs
Allergan's total product sales increased by 7.2 percent in the...
Allergan's total product sales increased by 7.2 percent in the fourth quarter ended Dec. 31 to $1,382.8 million on a net basis, up by 8.2 percent on a currency-neutral basis. Also in terms of constant currencies, sales of specialty pharmaceuticals went up by 10.1 percent, while those of medical devices ...
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Short stops
Schneider Optical Machines held a grand opening on Feb. 17...
Schneider Optical Machines held a grand opening on Feb. 17 for its new 753,473-square-foot headquarters and manufacturing facility in Fronhausen, Germany
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Article
De Rigo eyes retail in emerging markets, does 12% better at wholesale
De Rigo has no intention of scaling down its involvement in retail activities, although it has folded its former British chain, Dollond & Aitchison, into a joint venture with Boots in which it retains a 45 percent stake. Its General Optica chain in Spain has shown encouraging signs, bouncing ...
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News briefs
About 115 Davis Vision employees in Newtown Square, Pennsylvania, ended...
About 115 Davis Vision employees in Newtown Square, Pennsylvania, ended their nearly month-long strike on Feb. 18 after their union accepted a new contract. Union representatives said the vote on the contract, which emphasizes quality as a daily goal, was overwhelmingly in favor.
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News briefs
Luxottica has assigned 1,505,400 shares to 31 beneficiaries of its...
Luxottica has assigned 1,505,400 shares to 31 beneficiaries of its “performance share plan” after achieving the combined earnings per share target set for the 2009-2011 period. Luxottica's board has also approved the issuance of up to €500 million in long-term notes to institutional investors by the end of this year. ...
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