All Eyewear Intelligence articles in Volume 16, Issue 10-11 – Page 4
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Article
Alain Afflelou acquires Optical Discount
Alain Afflelou has announced the acquisition of Optical Discount. Following this transaction, the French eyewear retailer will operate through two distinct banners – Alain Afflelou, its “premium” banner, and Optical Discount, its low-cost banner. The retailer was already active in the low-cost segment through its Claro by Afflelou banner, a ...
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Article
Hilco Vision acquires two German companies
Hilco Vision has announced the acquisitions of two German-based companies, Breitfeld & Schliekert and Lexxoo International. The financial details were not disclosed. These transactions represent the first add-on acquisitions for Hilco Vision since May 2014, when it was acquired by Blue Point Capital Partners, a private equity firm.Hilco Vision, based ...
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News briefs
Ocuco has acquired the optical business of Acumenex, provider of...
Ocuco has acquired the optical business of Acumenex, provider of e-commerce solutions to chains, insurers and independent eyecare practitioner in North America. For Ocuco, a Dublin-based optical software company that provides software to clients in 39 countries, the move is part of its global omni-channel strategy for independent and chain ...
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News briefs
Machless London, a British brand of motorcycling garments recently acquired...
Machless London, a British brand of motorcycling garments recently acquired by Italian interests, is launching its first line of glasses. It consists of three unisex styles produced in collaboration with an Italian specialist, L.G.R.
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Article
Safilo's underlying sales accelerate
Safilo reported that its underlying sales, excluding the big Gucci license and those for other brands owned by Kering, rose by 4.5 percent on a currency-neutral basis in the second quarter, outpacing the first quarter performance and lifting growth in the first half to 4.0 percent. The group lost the ...
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News briefs
Area98 has launched direct distribution in the U.K. and the...
Area98 has launched direct distribution in the U.K. and the Republic of Ireland for its Coco Song collection, which is now sold through five representatives in the two countries. The move by the Italian eyewear firm is part of its plan to strengthen its direct presence on major eyewear markets. ...
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News briefs
Kering Eyewear has already developed at least 850 SKUs of...
Kering Eyewear has already developed at least 850 SKUs of eyewear for nine of the brands belonging to its French parent company, including Bottega Veneta, Boucheron, Alexander McQueen and Stella McCarthy. They were shown to about 70 agents and distributors from all over the world at its first international sales meeting held ...
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News briefs
Novartis has reported a 41 percent drop in operating income...
Novartis has reported a 41 percent drop in operating income to $150 million for its eyewear business unit, Alcon, in the second quarter, as a $119 million charge for impairment of intangible assets aggravated a drop in the core operating margin of 5.5 percentage points to 31.1 percent of sales. ...
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Article
Luxottica axes 400 jobs at Foothill Ranch
Luxottica is dismissing 400 employees at Oakley's headquarters at Foothill Ranch, California, as part of its plans to integrate the brand. From Oct. 1, the North American structure of the brand, including information technology, administration, sales and order management will be transferred to Luxottica, mainly to the wholesale unit in ...
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Short stops
Aspex has extended its Greg Norman license through 2025...
Aspex has extended its Greg Norman license through 2025
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News briefs
Jobson Optical Research has released “2015 Selling Eyewear To Children,”...
Jobson Optical Research has released “2015 Selling Eyewear To Children,” a comprehensive report on the under-18 eyewear market from the perspective of eye care practitioners (ECPs). The study illustrates the consumer's buying patterns within the distinct age groups of Infants, Kids and Tweens & Teens, and provides information on the ...
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News briefs
The Vision Council has announced the release of the 2015/2016...
The Vision Council has announced the release of the 2015/2016 edition of the Progressive Identifier Book, the industry guide to the identifying marks engraved on progressive addition lenses (PALs). The publication is provided by the The Vision Council's Optical Lab member companies. This latest edition features graphics for 160 lens ...
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News briefs
Sales of contact lenses increased by 22 percent to $51.2...
Sales of contact lenses increased by 22 percent to $51.2 million in the second quarter for Valeant Pharmaceuticals, the parent company of Bausch & Lomb. They were up by 19 percent in the first six months of this year, driven by BioTrue, which has been launched also in China. Valeant's ...
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News briefs
Johnson & Johnson has announced sales of $17.8 billion for...
Johnson & Johnson has announced sales of $17.8 billion for the second quarter of 2015, representing an 8.8 percent drop versus the second quarter of 2014. International sales decreased by 14.3 percent while domestic sales decreased by 2.4 percent. On an operational basis, excluding the net impact of acquisitions and ...
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Short stops
After working for 15 years with Hoya France, Gwenael Le...
After working for 15 years with Hoya France, Gwenael Le Blanc has joined FittingBox as commercial director for France
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News briefs
Over 100 guests from all over the world attended a...
Over 100 guests from all over the world attended a two-day seminar and workshop on new production technologies, called Digicon Europe 2015, organized a few days ago at the headquarters of Schneider Optical Machines in Fronhausen, Germany.
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Article
Growth of 9.1% for Specsavers
Specsavers achieved a new milestone in the past financial year through February, breaking the threshold of £2 billion (€2.9bn-$3.1bn) in annual sales. Working through its 1,767 partner stores and hearing centers around the world at the end of the year, it increased group turnover by 9.1 percent to a new ...
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