All Eyewear Intelligence articles in Volume 21 No. 7-8 – Page 2
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News briefs
Ital-Lenti proposes webinars
Ital-Lenti has been offering a series of online training sessions, in the form of webinars, on the latest technological developments in the ophthalmic lens segment. The online training program is aimed at all operators in the sector who wish to improve their skills, and participation is free of charge. ...
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News briefs
Essilor revamps North American management
As Vision Monday reports, the Essilor Group ’s new chief executive, Paul du Saillant , has revamped the company’s management for North America, with an eye towards the post-pandemic recovery. Rick Gadd is switching from president of Essilor of America (EOA) to group president for North America, ...
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Article
Italy's eyewear industry may have lost half its revenues with the Covid-19 crisis
The Italian eyewear industry, especially smaller companies, may have lost about 50 percent of its revenues as the Covid-19 pandemic has been spreading worldwide, leading to about half of humanity being placed in quarantine, pointed out Giovanni Vitaloni , president of the Italian manufacturers’ association Anfao, in an ...
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News briefs
Zeal Optics inaugurates ocean plastic program
Zeal Optics of Boulder, Colorado, chose the 50th annual Earth Day, on April 22, to inaugurate its “ Shades For Seas ” campaign, which pledges to remove 50 pounds of plastic from the oceans for every pair of sunglasses, goggles or accessory lenses sold on zealoptics.com. To this end, ...
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News briefs
Mirage produces and gives away protective glasses
Mirage, an eyewear company based north of Milan , has converted part of its production to manufacture protective glasses. It has also given more than 1,000 of them away to various non-profit and assistance organizations during the Covid-19 crisis, 800 of which were supplied to the Milan chapter of the ...
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News briefs
Mister Spex reopens its stores
Mister Spex has gradually reopened its physical stores under strict hygiene requirements. Initially, 13 of the existing 22 stores have been opened with limited opening hours. From April 29, the German omni-channel retailer opened the remaining stores and expanded the opening hours. The focus remains on previously set up ...
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News briefs
Oculus sells face shields at cost price
Oculus , the German manufacturer of ophthalmic instruments, is offering face shields at cost price via its online store. Face shields protect the entire face including the respirator with a large transparent disc. Oculus has developed tools for the company’s own injection molding machines in order to be able to ...
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News briefs
Japan extends state of emergency to May 31
Japanese Prime Minister Shinzo Abe said that the country’s state of emergency will be extended to May 31, after government officials judged that it was premature to lift it given the progression of the Covid-19 pandemic in the country. The state of emergency was gradually introduced nationwide from April ...
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News briefs
Mykita and Leica enter a sunglass collaboration
Berlin-based Mykita and the German optics manufacturer Leica have entered a collaboration to produce sunglass models with high-precision lenses. The collection comprises a stainless-steel-only range and a line that combines stainless steel with Mykita’s 3D printed material, Mylon . The lenses feature AquaDura Vision Pro , an achromatic ...
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News briefs
Luxottica renews Versace license for 10 years
Luxottica , the Italian unit of EssilorLuxottica , has agreed an early renewal of its license agreement for the development, production and worldwide distribution of sunglasses and prescription frames under the Versace brand. The 10-year renewal is effective from April 1, 2020 and runs until Dec. 31, 2029. The ...
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News briefs
Inspecs wins Queen’s Award for Enterprise
Inspecs won this year’s ”Queen’s Award for Enterprise: International Trade for Outstanding Short-Term Growth” because of the strong expansion of its sales outside the U.K. over the last three years. As reported in the April 4 issue of EWI, only 22.8 percent of the group’s sales of $57.3 million ...
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Article
Novacel helps opticians to relaunch their businesses
Novacel , the big French laboratory controlled by Essilor , is offering ways to help opticians relaunch their business after the French government announced that it would be relaxing a Covid-19 related lockdown on May 11.
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Article
Fedon raises €5 million in financing
Giorgio Fedon , the Italian producer of eyeglass cases, obtained €5 million in financing from two leading Italian banks, as well as some members of the family that control it, to fund its investments. In 2019, it returned to being profitable, albeit marginally.
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Article
The German industry projects a drop of 23 to 34%
Spectaris, the German ophthalmic industry association, conducted an online survey among members of the German industry in mid-April. According to the report, 90 percent of the participating companies said that they had received fewer orders in the previous weeks, 75 percent said that their economic situation had worsened due to ...
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Article
The German optical retail market grew by 3.8% in 2019
ZVA, the German association of opticians, published a report on the German ophthalmic optics market on April 27. ZVA reported that the German optical retail market increased by an estimated 3.8 percent to €6.5 billion in 2019, as compared to the previous year.
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Article
Customers are afraid of visiting opticians in Russia
Almost all of the provinces of the Russian federation have softened quarantine measures introduced because of Covid-19, and most of them have allowed eyewear retailers to open their stores again. In Moscow, however, which accounts for roughly 50 percent of all Covid-19 cases recorded in Russia, visiting the optician has ...
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Article
National Vision plans to open all stores by early June
National Vision Holdings , one the largest optical retailers in the U.S., aims to have reopened all its physical stores by early June. They were closed following a nationwide lockdown applied in certain states to combat the Covid-19 pandemic.
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ArticleGrandVision’s April sales down over 80% due to Covid-19
GrandVision suffered a drop of more than 80 percent year-on-year in revenues in the month of April, after already registering a severe decline in March, due to the lockdowns and restrictions caused by the Covid-19 pandemic. Because of social distancing, moreover, the optical retailer does not expect a rapid ...
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ArticleEssilorLuxottica’s Q1 sales drop by 10%
EssilorLuxottica ’s first-quarter revenues were down by 10.1 percent from the year-ago quarter to €3,784 million, or by 10.9 percent in constant currencies, due to the impact of the Covid-19 pandemic. But, the company is confident that pent-up demand will underpin sales when the crisis is over. Thanks to its ...
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ArticleFielmann’s Q1 sales and profits decline
(updated) Blaming the coronavirus outbreak, Fielmann reported a sharp 74.8 percent drop in net income for the first quarter of 2020, down to €11.8 million, on a 7.0 percent decline in consolidated revenues to €352.9 million for the first quarter of this year. The number of glasses sold fell ...
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