All Eyewear Intelligence articles in Volume 15, Issue 13-14 – Page 3
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News briefs
Hardy Capital Partners and some prominent Canadian investors have acquired...
Hardy Capital Partners and some prominent Canadian investors have acquired a couple of online stores for footwear. They have bought OnlineShoes.com, a relatively old and profitable virtual shoe shop based in Seattle, and ShoeMe.ca, a virtual shoe retailer across the U.S.-Canadian border in Vancouver. Together, the two online retailers are ...
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News briefs
Essor, a small French lens manufacturer, has been acquired by...
Essor, a small French lens manufacturer, has been acquired by Shamir Optical. The acquisition took effect on July 1. Shamir is owned 50 percent by Essilor, which bought this stake in July 2011. Essor and Shamir intend to take advantage of many new synergies while maintaining their own products and ...
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Short stops
Eschenbach Optik of America is joining the Think About Your...
Eschenbach Optik of America is joining the Think About Your Eyes health promotion initiative sponsored by a non-profit organization under the Vision Council
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News briefs
Walgreens, the big American drugstore chain that bought a 45...
Walgreens, the big American drugstore chain that bought a 45 percent stake in Britain's Alliance Boots in 2012 for $6.7 billion, or £4 billion, has decided to ask its shareholders to exercise an option for the remaining 55 percent stake next year. It will have to pay about double the ...
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Article
Safilo wants house brands to represent 40-45% of sales in five to seven years
Safilo said that it plans to increase the share of house brands to 40-45 percent of the group's total revenues in five to seven years from about 20 percent currently - through organic growth and through possible new acquisitions.In a conference call with financial analysts company's chief executive, Luisa Delgado, ...
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News briefs
Vision care sales of $262 million in the U.S. for...
Vision care sales of $262 million in the U.S. for the second quarter at Johnson & Johnson were flat as compared to the year-ago period. In the rest of the world, they were down by 5 percent to $445 million. This brought the total turnover of J&J's vision care division ...
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Article
Luxottica posts record profit levels in Q2
Investors reacted negatively to reports in the Italian press earlier this week that Andrea Guerra, the 49-year-old chief executive of Luxottica, may leave the company soon, after ten years of strong development at its helm, The share price fell by 3 percent to €39.47 after the reports and closed down ...
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Article
MyOptique raises £16 million to fund further expansion
MyOptique has announced that it has secured £16 million (€20.25m-$27.31m) in additional investment, bringing the total raised in its current Series C funding round to £35 million (€44.30m-$59.75m). At the same time the British optical group, which claims to be Europe's largest online eyewear retailer, posted its year-end results, showing profitability ...
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News briefs
The Carl Zeiss Foundation is celebrating its 125th anniversary. German...
The Carl Zeiss Foundation is celebrating its 125th anniversary. German Chancellor Angela Merkel gave the ceremonial address at the festive event opening the celebrations, on May 19. The foundation was set in Jena 125 years ago by Ernst Abbe, a German physicist and entrepreneur, who decided to allocate profits from ...
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News briefs
The Brazilian eyewear market grew by 11 percent in the...
The Brazilian eyewear market grew by 11 percent in the first six months of this year according to the country's optical industry association, Abióptica. This rate of growth is expected to continue for the balance of the year, leading to total sales of 24.7 billion reais (€8.2bn-$24.7bn), in spite of ...
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Short stops
Hoya Corp. said it decided cancel 9,234,100 treasury shares on...
Hoya Corp. said it decided cancel 9,234,100 treasury shares on Aug. 11, representing 2.18% of its equity, as part of a stock repurchase plan approved last May 7
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Article
Lenstore reaches its first £1 million revenue month
Lenstore has achieved its first £1 million (€0.8bn-$1.1bn) turnover month as it partners with Vision Express to offer in-store eye tests in Vision Express practices. The online contact lens retailer, which was acquired by Vision Express' owner, GrandVision, in December, made the record billing in May. The sum is said to ...
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News briefs
CooperVision has completed its $1.2 billion acquisition of Sauflon. According...
CooperVision has completed its $1.2 billion acquisition of Sauflon. According to a report in VMail, the Sauflon name will begin to fade by the month of November, at least in the U.S., where CVI is launching the British company's Clarity 1 Day contact lenses this month, using an expanded sales ...
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News briefs
Optometry Giving Sight has set a goal to raise $1...
Optometry Giving Sight has set a goal to raise $1 million this year to aid people who need vision correction with eye exams and a pair of glasses. It is encouraging potential participants to be as creative as possible in engaging employees, patients and customers to donate in the period ...
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Short stops
Rolf Spectacles's Marlin 06 frame in bog oak wood was...
Rolf Spectacles's Marlin 06 frame in bog oak wood was one of the 27 winners of a Gold International Design Excellence (IDEA) Award this year in a competition against 2,000 other entries
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News briefs
Brazilian police seized about 80,000 pieces of counterfeit eyewear hidden...
Brazilian police seized about 80,000 pieces of counterfeit eyewear hidden in a truck in São Paulo a few days ago. They were apparently bought in Paraguay. National and state authorities seized a total of 70.2 million units of counterfeit or otherwise illegally sold eyewear in Brazil between 2006 and 2013, ...
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News briefs
MEI has released Shape Finder 2.0, an optical scanner addition...
MEI has released Shape Finder 2.0, an optical scanner addition for its new EzFit edger. Shape Finder 2.0 is designed to be integrated into the MEI Tecnocam programming platform and to avoid the common errors of standard camera-based units. The camera lens set and the lighting system have been designed ...
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