All Eyewear Intelligence articles in Volume 18, Issue 6-7 – Page 3
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News briefs
AMF, the watchdog of the French stock exchange, is allowing...
AMF, the watchdog of the French stock exchange, is allowing Delfin, the family holding company of Leonardo Del Vecchio, to make its investment in Essilor without an obligation to launch a tender offer for the balance of the French company's shares, as normally required under its regulations for investors that ...
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Article
Alcon’s recovery is slowly on track
Novartis reported sales for its Alcon eye care business of $1.4 billion in the first quarter, down by 1 percent versus last year's first quarter. In constant currencies, Alcon sales increased by 1 percent. Novartis said Alcon's growth plan is on track, with ongoing actions to accelerate sales and innovation, ...
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Short stops
As announced a year ago, Safilo has closed the Polaroid...
As announced a year ago, Safilo has closed the Polaroid eyewear production unit in Dumbarton, Scotland
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News briefs
The “Made in Italy” label is being proposed again by...
The “Made in Italy” label is being proposed again by the Italian government to identify products that are effectively made in country, from food to jewelry, fashion and other areas, in order to distinguish the genuine item from Italian-sounding clones. The brand would be applied on a voluntary basis to ...
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News briefs
Alain Afflelou, the big French retail franchisor, has launched Smart...
Alain Afflelou, the big French retail franchisor, has launched Smart Tonic, an upgrade of its Tonic range launched in 2014. The new Smart Tonic range consists of the combination of a Tonic frame with replaceable and interchangeable fronts equipped with different types of lenses to address the different needs of ...
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News briefs
Adlens has appointed John Kennedy as its new chief executive...
Adlens has appointed John Kennedy as its new chief executive officer. Frank Lavety, the company's chief operating officer, has served as interim chief executive since the retirement of Michael Ferrara, the previous chief executive, in autumn last year. Kennedy previously served as chief operating officer at Moo.com, an online print ...
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News briefs
Acuitis, the French optical retail chain, entered the U.K. market...
Acuitis, the French optical retail chain, entered the U.K. market opening its first franchise in London at the end of March. The 400-square-meter shop will sell the in-house optical frames and sunglasses designed by Frédéric Beausoleil, as well as hearing aids equipment in partnership with Widex. The voluntary group has ...
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News briefs
Julbo is partnering with local sporting goods stores across France...
Julbo is partnering with local sporting goods stores across France for Women's Vision, a tour which will offer around 30 women the possibility to run with a coach while testing the brand's eyewear. The participants will be accompanied by Nolwenn Faivre, a running coach who was born in France's Jura ...
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Article
Essilor posts strong revenues, boosted by acquisitions
Essilor International posted strong revenues for the first quarter of 2017, boosted by favorable currencies and recent acquisitions. They were 10.0 percent higher than in the year-ago quarter at €1,962 million, but on a comparable basis they were up by only 2.4 percent. Newly acquired companies inflated its revenues by ...
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News briefs
Optik Sehstern, the parent company of Meinbrillenglas.de, recently acquired all...
Optik Sehstern, the parent company of Meinbrillenglas.de, recently acquired all the shares of Sehshop, another German online eyewear retailer. After only two years in operation, sales generated online via the Meinbrillenglas.de website accounted for one-third of the revenues of Optik Sehstern, a bricks-and-mortar store in the small German city of Freigericht, ...
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Short stops
The Canadian subsidiary of Hoya Vision Care has acquired the...
The Canadian subsidiary of Hoya Vision Care has acquired the Central Optical Company, an optical laboratory in Winnipeg, Manitoba that services opticians in the states of Manitoba and Sasketchewan
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News briefs
As part of its Silmo Academy program, the Silmo show...
As part of its Silmo Academy program, the Silmo show is offering a €10,000 grant to support a research project in the field of optics and vision science. The winning project will be selected by Silmo Academy's scientific committee and announced at the next edition of the show, running from ...
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News briefs
Meeting in Rome on May 4, Euromcontact, the European contact...
Meeting in Rome on May 4, Euromcontact, the European contact lens industry association, elected Nicoletta Losi as its new president for a renewable mandate of two years. The Italian optometrist is the professional affairs director of Johnson & Johnson Vision Care for Italy and Iberia. As a former president of ...
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Article
Hans Anders has a new investor, 3i
A large investment fund, 3i, has announced an investment of €200 million in Hans Anders, purchasing an unspecified majority stake in the Dutch-based optical discount retail chain. Company officials will only say that 3i will own the vast majority of the shares, with members of the management holding a minority ...
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News briefs
Shareholders of Safilo Group approved on April 26 a new...
Shareholders of Safilo Group approved on April 26 a new share buy-back program and a new stock incentive plan proposed by its board of directors. The company is authorized to purchase up to 2.5 million shares on the stockmarket. It will also be able to issue up to 2.5 million ...
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Short stops
Safilo has announced a five-year extension through 2022 of its...
Safilo has announced a five-year extension through 2022 of its licensing agreement with the Authentic Brands Group for eyewear under the Juicy Couture brand name
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Article
The European contact lens market grew by 5.7% in 2016
In 2016, sales of soft contact lenses to eye-care professionals across 33 European countries increased by 5.7 percent to €1,742 million, according to an annual study by the European Federation of National Associations and International Companies of Contact Lens and Lens Care Manufacturers (Euromcontact). The results are based on figures ...
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Article
U.S. Optical Barometer shows a decline in Q1
The latest Optical Business Barometer (OBB) showed a decline in the first quarter of 2017 when compared to the first quarter of 2016, with the rating falling to 3.94 as compared to 3.98 in the same quarter last year. The OBB is a survey designed to gauge the attitude and ...
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Short stops
Modo Eyewear has extended its partnership with the Sauber F1...
Modo Eyewear has extended its partnership with the Sauber F1 Team for the 2017 racing season
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News briefs
Some 5,000 opticians from all over Europe have registered already...
Some 5,000 opticians from all over Europe have registered already for the InContact program, an online platform that was launched by Alcon last year to connect opticians and other eye-care specialists with consumers through an app in 14 European countries. Registered opticians can set up a customized digital shop window, ...
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