All Eyewear Intelligence articles in Volume 17, Issue 10-11
View all stories from this issue.
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Article
Safilo posts strong growth
The Safilo Group came out with surprisingly strong sales growth in the second quarter for its so-called going-forward brands, which excludes Gucci and other brands that have been stopped or will be discontinued. Their lines raised their revenues by 9.0 percent at constant currency rates during the period. In the ...
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Article
GrandVision restructures in Italy
Aiming for the leadership on the Italian market, GrandVision is introducing its own banner in the country. Europe's largest optical retailing group opened for the first time last July 16 a store trading as GrandVision in the northern Italian town of Bolzano, with a big promotion. It is located very ...
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Article
Safilo is going through a re-engineering process
After the bloodletting at the tail-end of the Tabacchi family's stewardship, which practically led to the Safilo Group's financial demise, and its dramatic rescue thanks to the arrival in 2009 of a new major shareholder in the guise of the Hal investment group, the company is now doing the ground ...
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News briefs
WeOn is launching the Selfie Glasses, which are said to...
WeOn is launching the Selfie Glasses, which are said to allow users to take selfies without needing a camera. The new designer glasses by the Spanish firm feature a remote shutter button to take selfies. As sunglasses, they are equipped with a pair of 100 percent UV400-rated polarized lenses. The ...
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Article
A weaker quarter for Essilor
Essilor International has revised down its sales forecast for 2016, predicting growth of around 4.5 percent on a comparable basis, after reporting an increase of only 3.2 percent in the second quarter. However, the management reaffirmed its objective to accelerate organic growth, gradually reaching an average annual increase of 6 ...
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Short stops
Modo Eyewear is launching an ED line of sunglasses and...
Modo Eyewear is launching an ED line of sunglasses and prescription frames in North America named after Ellen DeGeneres, an American television actress, host, writer and producer
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Short stops
L'Amy has launched a more modern and dynamic version of...
L'Amy has launched a more modern and dynamic version of its website, with easier navigation and an intuitive, responsive design
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News briefs
The Marcolin Group has disclosed an exclusive partnership with Omega...
The Marcolin Group has disclosed an exclusive partnership with Omega for the design, development and distribution of Omega branded sunglasses. They will become available in Omega stores worldwide as of this month.
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News briefs
Rodenstock has decided to set up an independent organizational unit...
Rodenstock has decided to set up an independent organizational unit for its eyewear division, which represents only about 20 percent of its revenues, separating it from its much bigger lens division. The goal is to react to the market faster and more flexibly, says the company, stressing that it continues ...
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News briefs
Valeant Pharmaceuticals has decided to restructure its operations into three...
Valeant Pharmaceuticals has decided to restructure its operations into three segments. Bausch & Lomb and most of the group's international operations will belong to the durable growth segment, which will represent about half of Valeant's total turnover. The group is also considering the disposal of some core and non-core activities ...
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News briefs
Luxottica has signed a sponsorship deal with Ferrari to have...
Luxottica has signed a sponsorship deal with Ferrari to have the Ray-Ban brand appear on Ferrari's SF16-H Formula One cars. The agreement took effect from the 2016 British Grand Prix in Silverstone. Ferrari has multiyear licensing agreements with various luxury and fashion brands including Oakley, Puma, Tod's, and Movado. The ...
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News briefs
For De Rigo, the loss of the Givenchy and Zegna...
For De Rigo, the loss of the Givenchy and Zegna brands was originally supposed to result in the dismissal of 108 employees. But after negotiations, at least 59 of them have opted to take resign voluntarily. B2eyes Today reports that the unions are satisfied with the solution, though for the ...
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De Rigo is reportedly setting up a new subsidiary in...
De Rigo is reportedly setting up a new subsidiary in Australia
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Article
MPG expands German production and Czech logistics
The Michael Pachleitner Group (MPG) has made a significant investment in the expansion and modernization of the Schulz Optical Factory, a lens production facility in Glücksburg, Germany, and work has now been completed. In 2015, the company invested €2.5 million in the expansion of the factory, and more recently, it ...
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Short stops
Woodone has created a special line of sunglasses in walnut,...
Woodone has created a special line of sunglasses in walnut, painted with the colors of the German flag, for the German athletes competing in the Olympic Games in Rio de Janeiro
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News briefs
Fabienne Coudray-Meisel, a French eyewear designer who had created the...
Fabienne Coudray-Meisel, a French eyewear designer who had created the Volte-Face brand in the 1990s, has abruptly passed away. After a pause in the market, another French designer, Jean-François Rey, has been supporting her work for the past few years.
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News briefs
Gérard Cottet, one of the emblematic figures in the history...
Gérard Cottet, one of the emblematic figures in the history of Essilor, died on July 17 at the age of 84. Cottet made a major contribution to Essilor's transformation from a French optical exporting company into a global optical supplier. He took part in the merger between Essel and the ...
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Article
Luxottica takes control of Oakley’s stores, sports wholesale
Luxottica said it has accelerated the second phase of Oaklay's integration. Now that Oakley's eyewear business is already part of its global wholesale operations, the group is going to directly manage the sports brand's sales into the sporting goods retail channel as well as its O stores.Oakley's headquarters in Foothill ...
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Article
Essilor’s external growth continues
The company signed ten new transactions in the first six months of 2016 that will generate extra revenues of about €100 million on an annualized basis. Others are in the pipeline after its more recent acquisition of US Optical, a wholesale optical laboratory based in New York with annual sales ...
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Short stops
Cutler and Gross will present a new collection at Silmo,...
Cutler and Gross will present a new collection at Silmo, called Shakespeare, coinciding with the 400th anniversary of the writer's death
