All Eyewear Intelligence articles in Volume 19, Issue 16-17 – Page 4
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Article
Zeiss claims above-market growth in vision care
Carl Zeiss said that its Consumer Markets segment, comprising the strategic Vision Care and Consumer Products business units, grew faster than the market nearly everywhere during the financial year ended on Sept. 30. It was driven by Zeiss branded eyeglass lenses – especially in China, Brazil and other emerging economies, ...
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Article
Ongoing uncertainty about licensed brands
Safilo's prospectus revealed that in the first half of 2018, when its sales totaled €492.2 million, its fashion luxury business, consisting of models with recommended retail prices above €200, represented 27 percent of the total turnover.The premium, contemporary & lifestyle segment, with prices ranging from €80 to €200 per unit, ...
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News briefs
Safilo is planning to upgrade in 2021 its U.S. distribution...
Safilo is planning to upgrade in 2021 its U.S. distribution center in Denver, Colorado with the automation of the “order-to-cash” procedure, a transition that caused significant disruption at the Padua center at the beginning of 2017. Safilo pointed out that the Denver site is less automated than Padua, reducing execution ...
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Article
Novartis will spin off Alcon in the first half of 2019
Novartis, which announced earlier this year that it would divest its Alcon eye-care division to concentrate on its pharmaceutical business, said that the demerger of its subsidiary would happen in the first half of 2019.During a day-long conference organized for its investors in New York, the Swiss group stated that ...
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News briefs
As of Dec. 12, Luxottica's shareholdings had tendered 93.30 percent...
As of Dec. 12, Luxottica's shareholdings had tendered 93.30 percent of their shares to the newly formed EssilorLuxottica group, triggering a squeeze-out procedure under which it will purchase all the remaining shares by Jan. 18, 2019 at the latest. Luxottica's de-listing from the Italian stock exchange is set to become ...
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News briefs
100%, a brand of motorcross eyewear based in California that...
100%, a brand of motorcross eyewear based in California that is branching out into cycling, has hired Mike Wilson as marketing manager, a newly-created position. Wilson has more than 20 years of experience in go-to-market strategies and brand management. Most recently, he served as a marketing and public relations agent ...
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News briefs
The OneDollarGlasses association's total revenues increased from €1.7 million in...
The OneDollarGlasses association's total revenues increased from €1.7 million in 2016 to €2.4 million in 2017. Revenues include donations, designated donations, fines and other items. The goal of the association is to provide glasses to 150 million people around the world who live on a dollar or less a day ...
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