All Eyewear Intelligence articles in Volume 15, Issue 3-4 – Page 3
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News briefs
Employees of the Virgin Atlantic airline will be equipped with...
Employees of the Virgin Atlantic airline will be equipped with Google glasses from now on. According to the airline, the aim is to enhance the information service for first-class passengers and to make flying more glamorous. In the framework of a six-week testing phase, Virgin Atlantic has equipped its employees ...
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News briefs
Essilor and De Rigo have signed a partnership agreement for...
Essilor and De Rigo have signed a partnership agreement for their Spanish business. Essilor will run lens assembly and logistics for General Optica, De Rigo's optical retail chain in Spain, which has 250 stores in the country. As part of the deal, Essilor will also support General Optica in the ...
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Short stops
Jean-Paul Madaleno has been appointed international sales agent for OptoTech...
Jean-Paul Madaleno has been appointed international sales agent for OptoTech
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Article
Adlens and Mondottica stop their joint venture
Adlens and Mondottica have put an end to their joint venture, which they had formed at the end of 2012 to help Adlens cover mostly Europe and Turkey. The reasons for the split are not quite clear, but it seems that the product ranges offered by the two companies were ...
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News briefs
Ocuco, the Irish-based provider of the Acuitas and Focus Practice...
Ocuco, the Irish-based provider of the Acuitas and Focus Practice Management Systems (PMSs), has engaged The Worshipful Company of Spectacle Makers to train Ocuco's staff in the U.K. and Ireland in optical practice. The program addresses all 75 of Ocuco's employees in the two countries, including both technical support and ...
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Short stops
Specsavers has acted as official eye-care partner for the Australian...
Specsavers has acted as official eye-care partner for the Australian Tennis Open
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Article
GetLenses acquires Vision Direct
GetLenses, which claims to have become the largest supplier of contact lenses in the U.K. in a very short time, has announced the acquisition of an older Dutch e-tailer, Vision Direct, which sells contact lenses as well as prescription glasses in various parts of Europe through the Vision Direct and ...
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News briefs
Scrivens Opticians & Hearing Care in the U.K. has acquired...
Scrivens Opticians & Hearing Care in the U.K. has acquired 19 stores from Rayner Opticians for an undisclosed amount. All 19 branches will remain open and will be fully rebranded to Scrivens by June 2014. For Scrivens, founded 75 years ago in Birmingham, this is a strategic move, taking the ...
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Article
The global eyewear market should grow by 30% in 5 years
The annual volume of the global eyewear market is expected to grow by about 30 percent in the next five years from about 900 million frames currently to 1.2 billion frames, roughly divided between developed and emerging markets, according to data released by Luxottica based on Euromonitor and its own ...
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Article
Luxottica sees 2014 sales up by a high single digit
Luxottica expects 2014 sales to grow at a high single-digit rate at constant currencies, with operating and net income increasing at double the pace of the top line. The group is expected to continue reducing its gearing, which, barring any significant acquisition, will see net debt representing 0.75 times gross ...
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Article
Europe could surprise again in 2014
Luxottica anticipates that its wholesale revenues will rise this year in constant currencies by between 7 and 9 percent in North America, by 4-6 percent in Western Europe and by 16-20 percent in emerging markets. The company's chief executive, Andrea Guerra, stressed that Western Europe “could be another surprise” this ...
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Article
Luxottica sees 15-25% annual sales increase in emerging markets
Luxottica expects its sales to increase by an annual average rate of 15-25 percent over the next three years in emerging markets, where its operating margins are seen improving by about 5.0 percentage points over the period. The number of company-owned stores in these markets should rise to about 2,000 ...
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News briefs
The organizers of the new 100% Optical fair in London...
The organizers of the new 100% Optical fair in London say that it is “here to stay” after it welcomed a total of 5,483 professional visitors including 250 buyers from major retail accounts including Specsavers and Vision Express. More than 3,200 attended its education sessions. A 3D Frame Factory was ...
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News briefs
International Vision Expo East will welcome more than 100 affiliate...
International Vision Expo East will welcome more than 100 affiliate partners and alumni groups at its new Education & Partner Pavilion, which will open for the first time at this year's edition of the trade show, to be held on March 26-30 at the Jacob K. Javits Center in New ...
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Article
Essilor’s earnings grow by 1.5%
The stock-market value of Essilor International declined by 3.2 percent after the group reported yesterday an increase in net earnings of 1.6 percent to €593 million in 2013 on 1.5 percent higher revenues of €5,065 million. Earnings per share rose by only 0.6 percent but went up by 3.5 percent ...
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Article
GfK estimates European growth of 0.2% in 2013
Sales of ophthalmic optic products rose by 0.2 percent in 2013 to €15.2 billion in France, Germany, Italy and Spain, according to the research group. The amount is based on retail prices, including value-added tax and discounts.France represented 37.0 percent of the combined four-nation optics market, Germany 33.0 percent, Italy ...
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