All Eyewear Intelligence articles in Volume 14, Issue 4 – Page 3
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Article
Adlens will launch a premium line
After establishing itself in the new category of variable-focus spectacles through more affordable products, Adlens is planning to come out in the next few months with a new series of premium branded eyeglasses based on the same technology, but with tiny dials that will make it almost invisible. They will ...
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Article
CooperVision makes an interesting acquisition
In an unusual development, CooperVision has acquired Websystem3, a web-based software company in California. The takeover will allow CVI to offer eye doctors a tool to communicate with their patients automatically over the internet to schedule appointments and for other purposes. CVI expects to improve its gross margins this year ...
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News briefs
According to preliminary figures, last month's edition of the International...
According to preliminary figures, last month's edition of the International Vision Expo East fair in New York attracted nearly 15,500 attendees from more than 90 countries, which would compare with 16,317 a year ago. The organizer, Reed Exhibitions, will provide more accurate attendance figures after an independent audit later this ...
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Short stops
Described as an accomplished snowboarder with prior experience in marketing...
Described as an accomplished snowboarder with prior experience in marketing and retail, Kyle Martin has been appointed snow marketing manager at Dragon, the action sports eyewear brand acquired by Marchon last year
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News briefs
Krys reports a relatively stable turnover of €934 million for...
Krys reports a relatively stable turnover of €934 million for 2012, compared with €928 million in the previous year, for its network of 1,346 optical retail shaps, trading under various banners. The French buying and franchising group says that their sales grew by 1.1 percent on a same-store basis in ...
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Article
De Rigo grows by 6%
De Rigo raised its sales by 6 percent to €340 million in 2012. Wholesale revenues grew by 1.4 percent to €217 million. Results are not yet available for the group's two retail chains, but they were down for General Optica in Spain and up for the Boots Vision joint venture ...
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News briefs
Luxottica has finalized the acquisition of a 36.3 percent minority...
Luxottica has finalized the acquisition of a 36.3 percent minority stake in Salmoiraghi & Viganò, the leading Italian optical retail chain. The company said that the €45 million transaction is aimed at re-establishing its financial resources and at supporting its future growth.
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Short stops
Britain's Brulimar Optical Group has announced the extension until 2016...
Britain's Brulimar Optical Group has announced the extension until 2016 of its highly successful license with the Pineapple Dance Studios for Pineapple Eyewear for women and girls
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Article
The Vision Council wants to raise $20 to 25 million for U.S. campaign
The Vision Council announced details of its plans for a major national public awareness campaign in the U.S., intended to stimulate vision correction, at the International Vision Expo East show in New York. Officials of the Vision Council indicated that they were willing to discuss ways in which a similar ...
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News briefs
Last March 20, police in Punta Cana, in the Dominican...
Last March 20, police in Punta Cana, in the Dominican Republic, found cocaine worth more than €20 million aboard a private Falcon jet owned by Alain Afflelou. Officials reportedly seized 26 suitcases packed with nearly 700 kg of the drug when they boarded the jet minutes before it was due ...
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Article
Marchon grows by more than 12%
Marchon Eyewear closed 2012 with turnover of €600 million, which contributed to global sales of $4.5 billion dollars for VSP Global, the largest not-for-profit vision benefits and services company in the USA. Eyewear sales grew by 12.7 percent, or by 21 percent for ongoing operations, i.e. excluding newly acquired ...
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Article
After 100 years, Eschenbach is looking for new acquisitions
Eschenbach is looking for new acquisitions like those of Brendel and Tura in the U.S. and of International Eyewear in the U.K., which have allowed the German company to boost its presence in these markets. It has already become the largest supplier of prescription frames in the domestic German market, ...
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News briefs
Bausch+Lomb has filed a registration statement on Form S-1 with...
Bausch+Lomb has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) through its holding company, WP Prism, relating to the proposed initial public offering of its common stock. According to the SEC filing, the proposed maximum aggregate offering price is $100 million. The number ...
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