All Eyewear Intelligence articles in Volume 21 No. 18+19 – Page 3
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ArticleEU agrees on common rules for travel restrictions due to Covid-19
The European Council has adopted a recommendation on a coordinated approach to travel restrictions in response to the Covid-19 pandemic. The council comprises the heads of state or government of the countries forming the European Union, as well as the president of the council and of the European Commission. ...
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ArticleGlobal talks on digital tax prolonged to 2021
The 137 countries involved in talks on base erosion and profit shifting (BEPS) due to the digitalization of the economy have agreed to keep working towards an agreement on the taxation of digital companies by mid-2021, thus acknowledging that they will fail to strike a deal by the end of ...
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ArticleOpti2021 cancelled over Covid-19
Opti2021, which was scheduled Jan. 8-10, 2021, in Stuttgart, has been cancelled because of the resurgence of the Covid-19 pandemic. “This decision was a result of rising infection rates, travel restrictions and feedback from the industry,” said the organizer of the German trade show, GHM Gesellschaft für Handwerksmessen. The company ...
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ArticleMido postponed to June 5-7, 2021
The Milan-based eyewear trade show Mido has been postponed to June 5-7, 2021, from its initial dates of Feb. 6-8, as the number of Covid-19 cases picks up in many regions of the world with the return of cold weather to the northern hemisphere. Mido said that the decision is ...
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ArticleItalia Independent opens a new showroom in Milan
Italia Independent opened a new showroom in Milan, in via Fiori Chiari, in the heart of the bohemian Brera district. The location is also the company’s sole flagship worldwide after the company underwent a restructuring that led to the closure of all stores managed directly or franchised. It also replaces ...
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News briefsMaria Giovanna Zandegiacomo Seidelucio, wife of Marcolin’s founder, passes away
Maria Giovanna Zandegiacomo Seidelucio, the widow of Giovanni Coffen Marcolin, the founder of Marcolin, passed away on Oct. 7 at the age of 87. Her husband had died in 2013. She is survived by her children Monica, Cirillo and Maurizio. Cirillo Marcolin was president of the association of Italian eyewear ...
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ArticleVam Investments buys 80% of Demenego
The Milan-based private equity Vam Investments has bought an 80 percent stake in Demenego, an Italian eyewear producer which also manages 16 points of sale. The De Menego family will retain a 20 percent interest in the company, which posted sales of €23 million in 2019 and an Ebitda of ...
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ArticleLuxottica shares Covid-19 screening program with Versace
Luxottica, the Italian frame making unit of the EssilorLuxottica group, has decided to share with Versace its Covid-19 prevention, detection and research program currently being used in Italy. Luxottica has held the eyewear license of the Italian fashion house for the past 17 years. Luxottica developed the prevention and screening ...
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News briefs
Morel partners with architect Jean Nouvel
Morel, the French eyewear company, has partnered with the French architect Jean Nouvel, famous for the contemporary creations like the Agbar tower in Barcelona, the Cartier foundation in Paris, the New National Museum of Qatar and others. The capsule collection was first presented at the Silmo Hors les Murs Paris ...
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News briefs
Russian eyewear sales recover after lockdown
Russian eyewear sales have increased since the lifting in May of a Covid-19 related lockdown, partly because sunglasses are being used as protection against the virus as well as a proactive engagement of retailers with clients, according to the newspaper Delovoy Peterburg, citing market participants. Demand is currently stronger ...
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News briefs
Bausch Health sees Q3 revenues above $2.1 bln
Bausch Health expects third-quarter revenues to be greater than $2.1 billion, which would represent about a 28 percent increase compared to the second quarter of 2020. Revenues in the second quarter declined by 23 percent compared to the second quarter of 2019, and the company expects third-quarter sales to drop ...
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News briefs
Rationale of Essilux, GrandVision tie-up remains unchanged
The strategic logic behind EssilorLuxottica’s proposed acquisition of GrandVision has not changed despite the litigation between the two companies, Leonardo Del Vecchio, Essilux executive chairman, told the Italian daily Il Messaggero. Del Vecchio is the founder of Luxottica and is the main shareholder of Essilux through his family holding company ...
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News briefsNew B2B platform by Bollé Brands
Bollé Brands has started implementing a new digital B2B program, consecutively in Europe and the U.S., as a service to its retail clients. It involves a new internet platform with clear product descriptions and intuitive ordering tools, supported by an advanced ERP system and inventory management program. Monitored by the ...
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News briefsMarcolin opens a branch in Australia
Marcolin has opened a new branch in Sydney.The Australian subsidiary reinforces the group’s presence in the Asia-Pacific region and will work in synergy with the current regional office in Hong Kong. The branch will act as a commercial hub for the local network of independent opticians and chains, handling the ...
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