All Eyewear Intelligence articles in Volume 19, Issue 6-7
View all stories from this issue.
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Article
Rodenstock reports record profitability
Strategic moves like the concentration of only two eyewear brands – Rodenstock and Porsche Design – allowed the German company to raise its operating income before amortization (Ebitda) by 8.8 percent to a record level of €82.3 million in the financial year ended last Dec. 31.Another factor was an increase ...
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Article
Safilo trims production
Safilo has introduced temporary layoffs, financed by a governmental scheme called “cassa integrazione,” and imposed forced holidays on some its Italian staff as its Italian factories are working at 15 percent below capacity due to a slowdown in sales of its Christian Dior collection after a couple of years of ...
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Article
J&J launches photochromic lenses
Johnson & Johnson has received clearance from the U.S. Food & Drug Administration (FDA) for the exclusive launch in the first half of 2019 of the world's first photochromic contact lens, which will using a dynamic photochromic filter based on Transitions Light Intelligence Technology. The new product, which will also ...
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News briefs
Marchon has unveiled the introduction of a new lines of...
Marchon has unveiled the introduction of a new lines of Calvin Klein prescription frames and sunglasses under a new brand name, Calvin Klein 205W39NYC. As with Calvin Klein's recently launched line of luxury ready-to-wear, the new brand name stands for American pragmatism and playfulness and for the global headquarters of ...
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Article
Thélios inaugurates its Longarone plant
Thélios, the joint venture owned at 51 percent by LVMH and 49 percent by Marcolin, officially inaugurated on April 24 its head office and manufacturing facility, covering 8,000 square meters in Longarone, in the heart of the Belluno eyewear district. The plant, which has required an investment of about €20 ...
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Article
Krys Group outperforms in France
Apparently immune to the general depression of the French eyewear market, which went down by 1.4 percent in 2017 according to GfK, Krys Group has consolidated its retail leadership with an estimated market share of 14.6 percent, up by 0.5 point for the second consecutive year. The group has reportedly ...
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News briefs
Haiti has seen the opening of the first school of...
Haiti has seen the opening of the first school of optometry and vision sciences on the island. The school opened on April 12 at the Faculty of Medicine and Pharmacy of I'Université d'État d'Haiti (UEH). The announcement was made by Optometry Giving Sight, the global fundraising initiative that targets the ...
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Article
The son joins the father at Fielmann’s helm
Implementing a joint management structure, Fielmann's supervisory board unanimously approved on April 12 the appointment of Marc Fielmann as joint chief executive of Germany's premier optical retailing group alongside his father Günther Fielmann. The new structure is described as a logical step in the long-term succession of Günther Fielmann, founder ...
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Article
Essilor performs in line with forecast
Essilor International grew by 3.2 percent organically in the first quarter of 2018, in line with the forecast previously formulated by the management, which confirmed a growth target of 4 percent for the full financial year, accompanied by a contribution from operations of 18.3 percent or more. ...
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Article
Essilor and others want to help eradicate poor vision
Like other stakeholders inside and outside the eye care industry, Essilor International is engaging in a number of new initiatives intended to correct poor vision among low-income people around the world. Estimating that 2.5 billion people live with uncorrected poor vision, and that they could rise to 3.8 million if ...
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News briefs
Pugnale showcased a rather eccentric mini-collection at the recent Mido...
Pugnale showcased a rather eccentric mini-collection at the recent Mido trade show designed by an innovative Egyptian architect, Hani Rachid. The limited edition offered by the Italian brand consists of 200 large metal boxes containing three pairs of precious eyewear, characterized by their aggressive, totally bizarre design. Each box contains ...
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News briefs
The recent International Vision Expo East show in New York...
The recent International Vision Expo East show in New York experienced increased attendance by buyers, optometrists, opticians and contact lens technicians, according to its organizers. It featured a total of 1,200 OPTImum program members – a group representing key decision-makers, buyers, lab owners and top-level managers – and more than ...
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Short stops
Intel has halted the development of Vaunt, a sophisticated smartglass...
Intel has halted the development of Vaunt, a sophisticated smartglass that was intended to beam information directly onto the retina of the wearer's eyes
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News briefs
During an open doors day at its production unit in...
During an open doors day at its production unit in Antony, near Paris, Essilor France received the Origine France Garantie label as part of the French Week of the Industry. This label, which was first launched in 2010, is awarded by the association Pro France to products that have more ...
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News briefs
Tom Davies started a new series of events dubbed A...
Tom Davies started a new series of events dubbed A Day With Tom on March 9 at his eyewear factory in London. Opticians participating in the workshop attended a presentation on the source, use and maintenance of raw materials such as titanium, acetate and natural horn. They also had the ...
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News briefs
Tony Gross, one of the founders of Cutler and Gross,...
Tony Gross, one of the founders of Cutler and Gross, passed away on March 6. He was 78 years old. Gross and his partner, Graham Culter, studied optometry at Northamption College, England. They began selling hand-made, fashionable glasses in 1969, setting up a store in Knightsbridge two years later. After ...
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Article
GrandVision faces currency headwinds
The strengthening of the euro against major currencies led to a negative impact of 2.9 percentage points, or €24 million, on GrandVision's revenue growth in the first quarter. This mainly impacted the international optical group's operations in the Americas and Asia. As a result, GrandVision's sales rose by 8.0 percent ...
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News briefs
Côte is an Italian start-up that made its debut at...
Côte is an Italian start-up that made its debut at the Mido trade show a few weeks ago with a line of glasses made with a new material – the acrylic resin used in modern dentistry for making false teeth. The company boasts the highly biocompatible nature of the resin, ...
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News briefs
Mister Spex is expanding its multichannel concept to Sweden. The...
Mister Spex is expanding its multichannel concept to Sweden. The German online retailer, which is already working with 500 local retailers in Germany, Austria, Switzerland and the Netherlands, is now starting to cooperate with local Swedish opticians. It is beginning with 17 partnering opticians in Sweden, mostly in and around ...
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News briefs
The French eyewear company L'Amy Group has signed a multi-year...
The French eyewear company L'Amy Group has signed a multi-year and exclusive licensing deal with Chris-Craft to design, manufacture and distribute optical and sun glasses for both men and women. Chris-Craft, which was founded in 1874, is an American brand of leisure motor boats and yachts with a global presence. ...
