All Eyewear Intelligence articles in Volume 19, Issue 4-5
View all stories from this issue.
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News briefs
Marcolin tells an Italian news service, Pambianconews, that it reached...
Marcolin tells an Italian news service, Pambianconews, that it reached Ebitda of €55 million in 2017 on 6 percent higher revenues of nearly €470 million, of which only 7 percent were generated in Italy. Massimo Renon, who became the chief executive last October, told the news service that the group ...
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Article
Interesting long-term trends in the market
GfK has a good grasp of the optical market, with more than 160,000 optical retail shops around the world supplying their sell-out data for its retail panels, on top of its consumer surveys. It has been following the evolution of the market for many years, allowing it to draw some ...
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Article
A good Mido
The show's organizers announced a 4.9 percent increase to about 58,000 in the number of trade visitors entering the fair, as compared to a year ago. Their geographical breakdown could not be obtained, but the business climate seemed to be relatively good.Coupled with a 5 percent increase in the space ...
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News briefs
The number of French optical shops that went through receivership...
The number of French optical shops that went through receivership or bankruptcy proceedings increased for the third consecutive year, although at a slightly slower pace with a 2.7% rise in 2017 against 5.7% and 15.4% in 2016 and 2015 respectively. However, according to a research published by KPMG last year ...
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News briefs
Smith Optics launched its Lowdown Focus smart glasses in Italy...
Smith Optics launched its Lowdown Focus smart glasses in Italy in January, and the distribution is being expanded to the rest of Europe this month. Like in the U.S., orders can only be made through the company's website, with a program that is being made available in five languages. More ...
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Article
Eyewear ownership rises in the U.S.
The ownership of ophthalmic optical products rose last year in the U.S. in all the categories, according to GfK ‘s latest OMO Optical Monitor, but it remained higher in the main Western European countries. It increased in most of the categories in China, and it declined somewhat in Russia and ...
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News briefs
Okia, the Hong Kong-based eyewear frames and material producer has...
Okia, the Hong Kong-based eyewear frames and material producer has partnered with Sfered, a Dutch company specializing in customized eyewear technologies, to launch its first 3D printed eyewear collection. Sfered, which was founded in 2012 has developed a 3D scanning process that registers the key parameters of the wearer's face ...
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Article
Essilor’s sales momentum is improving
While reporting on a strong end to the 2017 financial year, with an organic 5.1 percent increase in the fourth quarter, the management of Essilor International predicted that the group's sales will go up by around 4 percent in 2018, compared with last year's growth of 3.5 percent. The contribution ...
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Short stops
Sunglass Hut expects its revenues from e-commerce to outperform those...
Sunglass Hut expects its revenues from e-commerce to outperform those of its brick-and-mortar stores in the coming years, generating 8-10 percent of the banner's total revenues by 2021
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Article
Online sales expand in various countries
The latest edition of the Optical Monitor (OMO), the semi-annual consumer survey commissioned to GfK by the Mido and Silmo trade fairs, involved 4,830 consumers questioned in the U.S., China, Russia and Japan in December and January. Presented on Feb. 25 at the Mido trade show in Milan, the survey ...
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Short stops
Tom Davies will present its first collections produced in its...
Tom Davies will present its first collections produced in its new London factory at the Vision Expo East show starting tomorrow, and will celebrate the brand's 15th anniversary with a jazz evening at the famous Tuscany hotel in New York
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News briefs
Frameworks and ClearVision Optical are partnering to launch a collection...
Frameworks and ClearVision Optical are partnering to launch a collection of vintage-inspired eyewear made in the U.S., called Spectaculars. The inaugural collection will comprise 26 styles of eyewear and sunglasses. Spectaculars will be on display for a preview at Vision Expo East, the event for ophthalmic professionals which will be ...
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News briefs
DAC Vision is changing its name to DAC Technologies as...
DAC Vision is changing its name to DAC Technologies as the U.S. company broadens its product portfolio to provide full solutions for ophthalmic lens manufacturing. The newly named company is being led by Joe Ciochetto, a former executive of Essilor of America, replacing David Meisenheimer, who has been running the ...
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Article
Luxottica buys a Japanese factory
Luxottica has agreed to buy a 67 percent stake in a Japanese manufacturer, Fukui Megane, specialized in the production of titanium and solid gold eyewear frames. The acquisition will give the Italian group an industrial presence in the Fukui district of Japan, which is a international center of excellence in ...
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News briefs
Essilor Instruments launched internationally a brand-new type of refractor at...
Essilor Instruments launched internationally a brand-new type of refractor at the recent Mido show in Italy. The equipment, called Vision-R 800, does not work with the usual lens change system but with a patented optical module that allows for continuous and instantaneous changes of sphere, cylinder and axis. The system, ...
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Article
MIC, a new brand of eyewear from the Dolomites
Based in Italy's eyewear district around Belluno, Immagine 98 has been operating in the international market for some years with its X-Ide and Rye-Lye brands. The company showcased another new brand, MIC Made In Cadore, with a special installation at last month's Mido show in Milan. It's the result of ...
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News briefs
Nau! plans to boost its franchising program in Italy this...
Nau! plans to boost its franchising program in Italy this year, while expanding in Spain, Mexico, Malta, Russia, Dubai and India. The Italian optical retailing company announced a 16 percent increase in sales at its stores to €35 million in the past year, after opening 22 new doors, 18 in ...
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News briefs
Prevent Blindness has named Jeff Todd as its new president...
Prevent Blindness has named Jeff Todd as its new president and chief executive. His appointment, effective April 1, will follow the retirement of Hugh R. Parry, who has served as president and chief executive of the organization since 2002. Todd has been with Prevent Blindness since 2003, when he joined ...
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Article
The big merger passes two big hurdles
The anti-trust authorities of the European Union and the U.S. gave their unconditional approval to the proposed combination of Essilor and Luxottica on the same day, March 1, leaving only the jurisdictions of Brazil and China to issue their verdict. The news led to an immediate increase in the share ...
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News briefs
The latest edition of the Bestore Award has honored Ludwig...
The latest edition of the Bestore Award has honored Ludwig Oehm in Frankfurt and Ottica Paglia Giuseppe in Calascibetta, Italy with a design award. The innovation prize was awarded to Globe Specs Shibuya in Tokyo, Japan. The Bestore Award is an international contest that rewards the best optical practices in ...
