All Eyewear Intelligence articles in Volume 20, Issue 8 – Page 3
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News briefs
Safilo has taken possession of its new North American distribution...
Safilo has taken possession of its new North American distribution center in Denver, which should be fully operational in the third quarter of this year. The center and its $6 million investment in technological systems – such as a unique IT platform – are key to the Italian eyewear brand's ...
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News briefs
Alcon appointed Timothy C. Stonesifer as its new senior vice...
Alcon appointed Timothy C. Stonesifer as its new senior vice president and chief financial officer, effective on April 9. Stonesifer succeeds David Murray, who decided to remain with Novartis and return to Europe. At their annual general meeting, the shareholders of Novartis approved the separation of the Alcon eye care ...
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News briefs
Under a previously agreed plan, Giovanni Zoppas will concentrate on...
Under a previously agreed plan, Giovanni Zoppas will concentrate on his role as chief executive and general manager of Thélios, the joint venture officially created between the Marcolin Group and LVMH in April 2018, in which the French luxury group has a 51 percent stake. Zoppas, who had been running ...
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News briefs
Krys is once again the favorite optical shop in France,...
Krys is once again the favorite optical shop in France, or so says a survey conducted by EY-Parthenon, a strategy consultancy related to Ernst & Young, the professional-services multinational headquartered in London. The firm polled about 7,000 consumers online, asking them to choose the best of 250 brands in 17 ...
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News briefs
Afflelou and Cofidis, a French consumer-credit company that provided tablets...
Afflelou and Cofidis, a French consumer-credit company that provided tablets to the optical group's stores, have partnered with the NGO WeTechCare for the recycling of the no-longer used devices. Afflelou is aiming to collect 700 tablets throughout its stores network, which will then be checked and reinitialized by Cofidis before ...
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News briefs
Opal has signed a licensing deal for adult frames with...
Opal has signed a licensing deal for adult frames with Bérénice, a French brand of women's apparel. The eyewear firm, which specializes in children's frames, will thus gain a position at the entry level of the luxury segment, and a first line of made-in-France products. The resulting collection, for women, ...
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Article
Silhouette launches its own sports eyewear line as Marcolin takes over its Adidas license
The Marcolin group announced today a licensing agreement with the Adidas Group for the design, development, manufacturing and distribution of two lines of eyewear that will reach the market early next year. A spokesperson for the Italian company said that the agreement is global, but there is an apparent discrepancy ...
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News briefs
Kering Eyewear expects to post sales of €600 million this...
Kering Eyewear expects to post sales of €600 million this year compared with €495 million at the end of 2018, driven by the Gucci brand, which is enjoying double-digit growth, and new licenses such as Balenciaga, the daily La Repubblica reported. Kering Eyewear is also scheduled this year to start ...
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News briefs
Varilux, Essilor's brand of corrective lenses, is celebrating its 60th...
Varilux, Essilor's brand of corrective lenses, is celebrating its 60th anniversary. Some 680 million Varilux lenses have been sold since Bernard Maitenaz developed and launched the technology in 1959.
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News briefs
Alcon posted a 4 percent sales increase in the first...
Alcon posted a 4 percent sales increase in the first quarter at constant exchange rates. On a reported basis, sales were flat from last year at $1.8 billion. The operating loss of $48 million in the quarter compared to last year's operating income of $73 million, with decrease due to ...
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News briefs
On May 24, Carolina Lemke opened a new store at...
On May 24, Carolina Lemke opened a new store at the Portal San Ángel shopping mall in Mexico City. The Israeli eyewear brand now has 24 points of sale in the country, in states such as Jalisco, Yucatán, Chiapas, Estado de México, Puebla, Querétaro and Quintana Roo as well as ...
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Article
Opti will take place in Stuttgart in 2021, 2023 and 2025
The opti show – which we have previously called Opti based on our style guidelines – will move in 2021, 2023 and 2025. As announced at a press conference in Munich, it will move to Stuttgart in those odd years, as the world's leading trade show for architecture and related ...
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News briefs
The Vision Council has won Gold in the 2019 Bulldog...
The Vision Council has won Gold in the 2019 Bulldog PR Awards for its National Sunglasses Day campaign, in the Best Viral Campaign category. The Bulldog PR Awards honor public relations and communications campaigns from the previous year through 40 categories. The Best Viral Campaign category recognizes a campaign for ...
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News briefs
LentesPlus was founded in 2014 as Latin America's first online...
LentesPlus was founded in 2014 as Latin America's first online optical shop, with a focus on contact lenses. This past May, however, the firm stepped into the non-virtual world by opening its first three “experience centers” in the Colombian cities of Medellín, Bogotá and Ibagué. These brick-and-mortar shops are equipped ...
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News briefs
On May 17, Alain Afflelou opened a store at the...
On May 17, Alain Afflelou opened a store at the Jardín Plaza shopping mall in San José de Cúcuta, Colombia. The 80-square-meter shop is the French optical brand's second in the country and its first outside the capital city. It also reflects Allan Afflelou's expansion strategy. According to Angel Días ...
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News briefs
Safilo has repaid a €150 million equity-linked bond issued in...
Safilo has repaid a €150 million equity-linked bond issued in 2014. With this move, the company is completing a €300 million refinancing plan initiated last September, equally split between a €150 million equity increase and a new financing agreement expiring in 2023.
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News briefs
Moody's confirmed EssilorLuxottica's long-term A2 credit rating on May 12,...
Moody's confirmed EssilorLuxottica's long-term A2 credit rating on May 12, just before the May 16 annual meeting of the group (see the related article in this issue), but cut the outlook to “stable” from “positive.” The American rating agency confirmed the company's short-term ratings. Moody's said that the outlook was ...
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Article
A €1.5m training program for Italy’s eyewear cluster
More than 100 small and big eyewear companies in the Italian eyewear manufacturing region of Veneto have organized themselves to support the development of an increasingly skilled staff through a new training program financed by private and public stakeholders.One of the reasons for the investment is a projected increase in ...
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