All Eyewear Intelligence articles in Volume 20, Issue 8
View all stories from this issue.
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News briefs
Nau! has opened three more stores, two in Lombardy and...
Nau! has opened three more stores, two in Lombardy and one in Tuscany. The Italian optical retail chain has about 170 stores, either directly operated or owned by franchisees, located in Italy, Spain, India, Iran, Malta, Mexico, Estonia, Egypt, the United Arab Emirates and Turkey.
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News briefs
Taking a position previously occupied by Joel Sandoz, Mark Phares...
Taking a position previously occupied by Joel Sandoz, Mark Phares has gone back to Smith Optics to serve as its new vice president of global sales. He had already spent 17 years with the U.S.-based Safilo subsidiary in various sales and management roles before leaving for OluKai, where he oversaw ...
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Short stops
Ray-Ban has opened its first store in Paris, located in...
Ray-Ban has opened its first store in Paris, located in the heart of the city at 57, rue de Rivoli
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News briefs
A Plus Finance, a French independent investment fund, has injected...
A Plus Finance, a French independent investment fund, has injected €1.2 million into Nathalie Blanc, the eponymous eyewear brand headquartered in Bagnolet, on the outskirts of Paris. Blanc herself, a trained optician, began marketing her designs in 2015, selling 2,000 frames. Last year, she sold 15,000 and, with her Suzanne ...
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News briefs
Salvatore Ferragamo, the Italian shoe and fashion house, has launched...
Salvatore Ferragamo, the Italian shoe and fashion house, has launched #ItalianExcellence, a capsule collection of men's eyewear for spring/summer 2019 involving three designers and a photographer: Derek Castiglioni, Francesco Meda, Rodrigo Izquierdo and Guido Taroni. Paul Andrew, Ferragamo's creative director, said that the collection was inspired from shapes of the ...
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Article
Mondottica expands its management
With many new licenses and acquisitions signed in the last few years, Mondottica's 66-year-old founder, chief executive and “chief dreamer,” Michael Jardine, has decided to delegate some of his responsibilities to new top managers now that his company has reached an annual turnover of close to $100 million. Additional appointments ...
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Article
Steady growth and new investments at Eschenbach
The German eyewear and low-vision equipment manufacturer reported revenues of €144 million for 2018, an overall growth of 4 percent from the previous year, with a faster increase in the eyewear category. This confirms the regular progress made by Eschenbach in its revenues since it reached a level of €125 ...
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News briefs
Eschenbach Optik has recently supported Vision for the World, a...
Eschenbach Optik has recently supported Vision for the World, a non-profit association, by supplying more than 20,000 optical frames. The frames will be donated to children and adults in Nepal. Vision for the World started to donate sunglasses to children and adults in Nepal in 2012. The first corrective frames ...
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News briefs
A Spanish eyewear specialist, Kaleos, has entered the ready-to-wear market...
A Spanish eyewear specialist, Kaleos, has entered the ready-to-wear market with Kaleos RTW, its first collection of clothing for men and women. So far, Kaleos RTW counts a limited number of up to 100 units per style produced by small manufacturers in Spain. The prices range from €140 for a ...
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News briefs
Kering Eyewear has launched the second edition of a global...
Kering Eyewear has launched the second edition of a global travel retail campaign for Gucci Eyewear, which is specifically aimed at travelers. The campaign runs from May until September in the major Travel Retail sales points of Gucci Eyewear. Realized exclusively for the duty-free retail segment, it advertises a sunglass ...
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Article
Safilo enjoys strong recovery in Ebitda
In the first quarter of 2019, Safilo posted a surprisingly strong recovery in profitability, indicating that the company is delivering on its pledge to cut costs. On a reported basis, the Ebitda, margin on revenues from continuing operations rose to 7.6 percent from 6.1 percent a year earlier. These other ...
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Article
Inspecs is due to go public
Inspecs has hired an investment broker, Peel Hunt, to advise it on an initial public offering that will possibly be held in the autumn. The transaction is still going through due diligence proceedings, but according to the British daily The Times, it could raise £60 million (€67.0m-$76.3m) and value the ...
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Short stops
Marcolin has extended its eyewear license with Harley-Davidson through December...
Marcolin has extended its eyewear license with Harley-Davidson through December 2021
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News briefs
Dita Eyewear has signed a global, long-term licensing deal with...
Dita Eyewear has signed a global, long-term licensing deal with Alexander Wang, the 35-year-old American fashion designer who was the artistic director of Balenciaga until 2015. The first collection of sunglasses and optical frames will come out in the autumn of 2020.
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News briefs
Rip Curl has signed a five-year global licensing deal for...
Rip Curl has signed a five-year global licensing deal for eyewear with ADCL, the French designer and distributor of optical frames and sunglasses. The two companies have been working together in the European eyewear market since 2008, and over that period Rip Curl has achieved annual eyewear sales of 300,000 ...
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News briefs
Dalloz Créations has launched a new edition of its Stardust...
Dalloz Créations has launched a new edition of its Stardust branded line of patented glitter lenses. Responding to a new “glitter mania” that has reappeared at fashion catwalk shows, it has a higher concentration of glitter than before. Made at the company's lens factory in France, the lenses can be ...
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News briefs
As in recent years, The Vision Council will be warning...
As in recent years, The Vision Council will be warning the public about the dangers of ultraviolet radiation from the sun and the importance of protective eyewear on National Sunglasses Day, June 27. In 2018, the campaign generated a billion print, online, social-media and broadcast impressions in 2018 – with ...
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News briefs
Rupp + Hubrach, the German lens laboratory controlled by Essilor, has...
Rupp + Hubrach, the German lens laboratory controlled by Essilor, has won the German Brand Award 2019 in the “excellent brands – trade, retail & e-commerce” category for a marketing campaign that it launched for its so-called “SiiA” progressive lenses. The German Brand Award is organized by the German Design Council ...
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News briefs
Luxottica has signed a new labor contract with the trade...
Luxottica has signed a new labor contract with the trade unions representing its 11,430 employees in Italy. Valid until June 20, 2022, the agreement calls for the introduction of a co-decision process on the firm's direction with the participation of representatives of the employees and the management, the opportunity for ...
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Article
Spain’s Hawkers continues to invest more offline
The fast-growing Spanish eyewear and accessories group has opened its seventh store in Madrid, in the Plenilunio shopping center, and announced plans to open five more stores next month in the Canary Islands as it pursues its strategy of complementing its online services with brick-and-mortar stores. Three of the stores ...
