All Eyewear Intelligence articles in Volume 21 No. 20+21
View all stories from this issue.
-
News briefs
EssilorLuxottica highest ranking optical firm for diversity in Europe
EssilorLuxottica ranked highest among optical firms in the Financial Times’s second annual Diversity Leaders classification. The survey conducted by Statista involved 850 European companies and assessed employees’ perception of companies’ inclusiveness or efforts to promote various aspects of diversity. These include gender balance, openness to all forms of sexual orientation, ...
-
ArticleCVI gains market share in contact lenses
CooperVision (CVI) saw a 1 percent year-on-year drop in sales to $506.3 million in the fourth quarter of CooperCompanies’ financial year, which ended on Oct. 31. At constant currency rates, the division’s top line fell by 3 percent. Nevertheless, the company claims to have gained market share in contact lenses. ...
-
News briefs
Fielmann opens its 31st store in Italy
Fielmann opened its 31st store in Italy in the town of Parma. The 150 square-meter store has a staff of six and is located in the town’s historic center. The German retailer is expected to open at least another store in the country by the end of the year. ...
-
News briefs
Wood Light introduces volcanic frames
Wood Light, the French brand of handcrafted wooden frames, has introduced a capsule collection of frames made with both wood and volcanic rock. The idea originated with a chef, Adrien Descouls, who wanted a pair of glasses to celebrate the volcanoes of the Auvergne region of France. Descouls spoke with ...
-
ArticleFashion industry sales may return to pre-Covid levels late 2022
The global fashion industry is expected to suffer a 15-30 percent decline in sales this year and is not expected to return to 2019 levels until at least the third quarter of 2022, according “The State of Fashion 2021”, a new report by Business of Fashion and McKinsey & Co. ...
-
News briefsSilhouette’s Neubau brand becomes an independent unit
Neubau Eyewear, which is owned by the Austrian company Silhouette International, will operate as an independent company from Jan. 1. It will become a subsidiary with its own sales and marketing channels but production will still be guaranteed by Silhouette’s two production sites in Austria. Neubau, which focuses on stylish ...
-
News briefsAcuitis enters Spanish market
Acuitis has entered the Spanish market in partnership with Andres Femenia, a local businessman who previously ran a network of 50 hearing aid stores. The first Acuitis store was opened in Valencia and a further three stores are scheduled in Spain in the first quarter of 2021. The group plans ...
-
ArticleCarte Blanche set to become the N°2 healthcare network in France
Carte Blanche, the French healthcare organization owned by SwissLife and other insurance companies, has extended until Dec. 11 the registration deadline for French opticians wishing to join its network, as many could not complete the process in time because of the new Covid-19 related lockdown. The company, which focuses on ...
-
News briefs
Mister Spex buys technology firm to develop AI
Mister Spex has bought the Berlin-based technology firm Tribe in order to develop artificial intelligence (AI) solutions for the ophthalmic sector. The companies did not release any financial information regarding the deal. Tribe was founded in 2018 and developed a virtual fitting solution installed on Mister Spex’s Instagram account at ...
-
ArticleEdel-Optics invested €3 million in robotized Hamburg flagship
Edel-Optics has invested €3 million in its new flagship store, located at Ballindamm 33 in Hamburg, Germany. The location, opened in late November after nine months of construction, enables customers to be served by opticians or by Temi personal robots and offers a selection of 250,000 items from the integrated ...
-
ArticleTechVision looks to expand one-stop components shop
TechVision, an Italian holding company owning companies producing metal components and providing surface finishing services for eyewear, aims to roughly triple its size in the next three to four years, as the eyewear sector recovers from the hit it has taken from the Covid-19 pandemic and management keeps an eye ...
-
News briefs
Strong online sales on Black Friday in the U.K.
According to a survey by IMRG, the British online retail industry association, U.K. online retail sales on Black Friday this year grew by 38 percent, with the entire week around Black Friday (Nov. 23-30) showing a 30 percent increase. The survey was based on the daily online sales results of ...
-
ArticleFrance postpones start of winter clearance period to Jan. 20
The French government has postponed to Jan. 20 the start of the winter clearance period from its initial date of Jan. 6. The clearance period will last four weeks. In radio interview with RMC/BFM TV, the Economy Minister, Bruno Le Maire, added that the measure is aimed at helping small ...
-
News briefs
Happy Look launches more flagship stores in Russia
Russia’s biggest eyewear retailer, Happy Look, has opened five flagship stores. Four are located in St. Petersburg and one in Yekaterinburg. Happy Look describes its flagship stores as “megastores.” On average, they have 200 square meters of shopping space showing at least 2,000 items. But, Happy Look’s biggest flagship in ...
-
News briefsOzon enjoys a successful IPO
The e-commerce giant Ozon went public on Nov. 24 on the Nasdaq stock exchange in New York, and enjoyed one of the most successful initial public offerings (IPO) for a Russian business in years. The company managed to sell 33 million shares at $30 each, raising $990 million. Initially, the ...
-
News briefsDecathlon's Quechua brand offers prescription sunglasses
Quechua, Decathlon’s private label of outdoor products, has introduced a model of sunglasses fitted with corrective lenses. The MH580 is intended to meet the needs of the many outdoor enthusiasts who suffer from vision problems. The new prescription sunglasses are sold exclusively on a digital platform at decathlon-optique.fr, which can ...
-
News briefs
Porsche Design releases new sunglasses for 2020
Porsche Design is introducing a few models for its 2020 line of sunglasses. One is a new take on the P’8478 model. Designed by Ferdinand Alexander Porsche and released in 1978, this was the brand’s first pair of sunglasses, and purportedly the first sunglasses anywhere to have interchangeable lenses. The ...
-
News briefs
Record Cyber Monday in the U.S.
Online shopping in the U.S. reached $10.8 billion on Cyber Monday, according to Adobe Analytics. It was a 15.1 percent increase on the previous year and a daily record for online shopping in the country. Online shopping reached $5.1 billion on Thanksgiving and $9.0 billion on Black Friday, setting new ...
-
News briefs
LVMH head sees company exiting the Covid-19 crisis stronger
The French luxury goods group LVMH is coming out of the Covid-19 crisis “rather stronger” thanks to its worldwide presence, according to its chairman and chief executive Bernard Arnault. “We have for a long time had the strategy of covering most of the planet with our sites, stores, subsidiaries,” he ...
-
News briefsNew digital showcase for Taiwanese eyewear suppliers
The Taiwan External Trade Development Council (TAITRA), a multi-sector national agency in charge of promoting Taiwanese companies internationally, has launched www.optical.taiwantrade.com, an online portal showcasing selected products by the country’s eyewear suppliers. Designed to look like the entrance of an actual trade show, the homepage guides the visitor to virtual ...
