All Eyewear Intelligence articles in Volume 18, Issue 12-13 – Page 4
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News briefs
The Court of Justice of Lyon finally authorized the agreement...
The Court of Justice of Lyon finally authorized the agreement concluded between LVMH and the former employees of Logo, the French eyewear company that went into liquidation at the end of last year. This agreement, which calls for an average compensation of €10,000 per person for a total of 163, ...
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News briefs
Alain Affelou has opened its first franchise store in Bangkok,...
Alain Affelou has opened its first franchise store in Bangkok, Thailand. The 1,700-square-meter shop on two floors will trade under the Afflelou Paris banner, offering a wide selection of 1,600 optical glasses and 650 sunglasses. It has an eyesight examination room. Already present in Asia since the end of last ...
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Article
Coopervision’s sales increase across the board
CooperVision (CVI) saw revenues increase by a reported 7 percent to $437.3 million in the third fiscal quarter ended July 31 as compared to last year's third quarter. In constant currencies, the revenue increase was 8 percent.CVI's sales grew by 7 percent in the second calendar quarter, outperforming a contact ...
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News briefs
Marchon Eyewear has announced the acquisition of a majority stake...
Marchon Eyewear has announced the acquisition of a majority stake in Enternasyonal Gözlük, its exclusive distributor in Turkey. The transaction was closed on July 28. Marchon said its goal is to expand its Turkish business and make Turkey one of its top 10 global markets, considering the large young and ...
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News briefs
Johnson & Johnson (J&J) Vision Care has announced the acquisition...
Johnson & Johnson (J&J) Vision Care has announced the acquisition of Sightbox, an online membership-based subscription service for contact lens wearers in the U.S. The services that Sightbox provides include the scheduling of annual eye exams, contact lens evaluation for its members, and an annual supply of contact lenses. According ...
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News briefs
VSP Global has acquired a stake in RightEye, a company...
VSP Global has acquired a stake in RightEye, a company specializing in the use of eye-tracking technology to improve patient care and vision performance. The size of the investment has not been disclosed. RightEye's customers include hospitals, the U.S. military, Major League Baseball (MLB) and more than 100 independent optometrists ...
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News briefs
Carl Zeiss Meditec has acquired Veracity Innovations, a medical software...
Carl Zeiss Meditec has acquired Veracity Innovations, a medical software company based in Temple, Texas. The terms of the transaction were not disclosed. Veracity markets an intelligent cloud-based platform for cataract surgical planning, management and analysis. The platform was launched at the American Society of Cataract and Refractive Surgery (ASCRS) ...
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News briefs
After a three-year absence, Davide Rettore will be returning to...
After a three-year absence, Davide Rettore will be returning to the Marcolin Group as chief executive for North America. Marcolin's U.S. business has been without a CEO since January, when Fabrizio Gamberini departed. Rettore returns from Kering Eyewear, where he served as global brand director. North America is a key ...
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News briefs
Think About Your Eyes has announced the addition of two...
Think About Your Eyes has announced the addition of two new partners, Compliancy Group and VFO Group (Optelec), as well as the hiring of Ron Sallerson as full-time director of development. Sallerson joined the team of the U.S.-based public awareness campaign in August. In his new role, he will focus ...
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Article
Specsavers grows by 6.6% in constant currencies
Specsavers' revenues for the fiscal year ended in February were up by 4.1 percent over the previous year to 2,270 million pounds (€2.56bn-$3.06bn), or by 6.6 percent in constant currencies. In its annual report, the international U.K.-based optical retail chain said it has embarked on a journey to transform what ...
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Article
Silmo celebrates its 50th edition
The Silmo eyewear show will be celebrating its 50th anniversary from Oct. 6 to 9 at the Parc des Expositions fairgrounds in the north of Paris, adding a number of special events to its usual schedule.Initially launched in 1967 as a plastics show in Oyonnax, close to the Jura region, ...
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Article
More funding for Luxexcel’s 3D-printed lenses
Innovative Industries, a Dutch-based venture capital fund, has invested €4 million in Luxexcel, a developer of 3D printing technologies. The equity investment will be used to accelerate the development of the next generation of Luxexcel's 3D printing platform for prescription lenses for use in augmented reality (AR) and virtual reality ...
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Short stops
Paulino Diaz, who has 25 years of experience in the...
Paulino Diaz, who has 25 years of experience in the optical sector, has become the new vice president of sales at Randolph Engineering, responsible for the U.S. and the rest of the world
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News briefs
Optica 2000, the optical retail chain of the Spanish El...
Optica 2000, the optical retail chain of the Spanish El Corte Inglés group, raised its sales by 0.9 percent to €81.68 million in the financial year ended on Feb. 28, generating Ebitda of €10.73 million. The company says the chain has completed a reorganization of its internal management, optimizing expenses ...
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News briefs
Optic 2000 is entering the market for smart glasses through...
Optic 2000 is entering the market for smart glasses through a commercial partnership with Ellcie-Healthy, a French start-up led by Philippe Peyrard, former managing director of Atol, another French voluntary group of independent opticians. The glasses developed by Ellcie-Healthy are intended to prevent the wearer from falling asleep while driving ...
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Article
AVM 1959 signs up with Lamborghini
AVM 1959, the Italian company previously known as Allison, is expanding its brand portfolio by adding a license for a line of eyewear bearing the name of Tonino Lamborghini, the famous brand of luxury sports cars.The first sunglasses and prescription frames under this name will come out early next year ...
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