All Eyewear Intelligence articles in Volume 21 No. 9-10
View all stories from this issue.
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PDF NewsletterEyewear Intelligence Newsletter: Vol 21 - 09+10
Two-speed post-Covid restart in France | L’Amy gets bankruptcy protection | Prescriptions may fall by 3 million in France | Fielmann invests in wearables, AR | EU reexamining Essilux’ purchase of GV | Cecop moves into North America | Japan exits state of emergency cautiously | Mido4u attracts over 10,000 visitors | Zeiss makes gains in eyeglass lenses | Marcolin’s Q1 sales drop by 28% | Italia Independent lowers forecasts | Safilo boosts e-commerce | OWP takes over Flair
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News briefs
Ital-Lenti organizes training webinars
Ital-Lenti has organized a series of professional, online training sessions on the latest ophthalmic technologies. The one-hour webinars, free of charge, are to support partner companies in the new phase after the lockdown. The lecturer is Paolo Marchesi , Ital-Lenti’s product and marketing manager. The first three webinars were ...
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News briefs
Markus T develops new concept for safety glasses
Markus T , the German eyewear brand, has developed a new concept for safety glasses. The brand’s new Safe Eyes protective glasses are available in two color and design variations. The frame has a protective shield that can protect the eyes only or the whole face. Markus T has ...
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News briefs
Menicon relocates distribution center in Germany
Menicon has moved its European distribution center from Rödermark to another German town, Offenbach. The relocation took place in April, as the relatively recent distribution center in Rödermark (opened in 2018) quickly became too small for the company. The new distributon center is only 25 kilometers from the old ...
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News briefs
Kering Eyewear takes over Chloé license from Marchon
Kering Eyewear is taking over the worldwide eyewear license for the Chloé brand, which is owned by the Swiss luxury goods group Richemont , from Marchon , who has held it for the past nine years. The handover is scheduled to take effect in January 2021. Kering Eyewear ...
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News briefs
De Rigo donates €100,000 and frames in anti Covid-19 initiatives
De Rigo has taken part in two initiatives with the local authorities of the Veneto region, where it is based, as part of its efforts to fight the Covid-19 pandemic. The company donated €100,000 to the ULSS n1 Dolomiti local health and social care facility in Belluno through an agreement ...
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News briefs
Akoni launches Balmain collection
Akoni , a Swiss company led by its co-founder and chief executive, Rosario Toscano , has launched the first collection stemming from a new eyewear license agreement with the French fashion house Balmain , whose creative director is Olivier Rousteing . About three quarters of the collection will be ...
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News briefs
ABB starts distributing contact lenses in Canada
ABB Optical Group , a Florida-based provider of optical products and business solutions, has started distributing contact lenses to Canadian eyecare professionals. To serve its Canadian customers, ABB has opened a distribution center in Delta, British Columbia, and will employ about 20 people, and expects to expand during the year. ...
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News briefs
Mister Spex to open new stores in Germany
Mister Spex opened a new store of 90 square meters in Reutlingen on May 20. The German eyewear retailer will be opening another, 60-square-meter store in Heidelberg on June 18. Once the new store in Düsseldorf opens this month, Mister Spex will have 29 stores in Germany. ...
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Article
L’Amy gets protection from creditors
L’Amy , one of the oldest eyewear manufacturers in France, has requested and obtained bankruptcy protection from its creditors. Philippe Jeannerot , the court-appointed receiver, said it is waiting for the presentation of a restructuring program, but he denied a report that its shareholders may be looking for a new ...
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Article
Hapter may set up a direct-to-client channel in countries not covered by its network
Hapter , the high-end Italian manufacturer that retails it products at €400-500 a pair, is considering the possibility of setting up a direct-to-client sales channel in countries not covered by its network of agents and distributors.
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News briefs
Eyeglass prescriptions may fall by 3 million in France this year
In a series of recent interviews by the French website Acuité , several optical retail chain managers including Jean Pierre-Champion , general manager of Krys Group , Yves Guénin , general secretary of Optic 2000 and Gad Dhéry , CEO of Optic Duroc, have expressed concerns about ...
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Article
CooperVision sees Q3 sales fall after 17% decline in Q2
CooperVision (CVI)’s sales in the second quarter ended on April 30 fell by 17 percent to $402.2 million, as the business highlighted “unprecedented” challenges tied to Covid-19 and the management warned that third-quarter sales could contract by 15 to 20 percent. The parent company CooperCompanies withdrew its full-year guidance ...
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ArticleMarcolin Q1 sales drop by 28% on Covid-19 impact
In the first quarter of 2020, Marcolin ’s revenues fell by 28.0 percent to €93.5 million due to the impact of the Covid-19 pandemic. At constant currency rates, the decline reached 28.6 percent. In January and February, the company was moderately affected by the shutdown of its Chinese suppliers, ...
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News briefs
Germany’s VAT cut may hit retailers across the border
Germany decided on June 3 to reduce the value-added tax (VAT) rate on non-food products to 16 percent from 19 percent, starting from July 1 and through the balance of this year, to give a boost to consumption and the economy. It has also cut the VAT rate for restaurants ...
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News briefs
McArthurGlen to launch rent relief package for its retail partners
McArthurGlen , the international operator of designer factory outlet centers, has launched a rent relief package for its retail partners until the end of this year. The group is waiving all minimim base rent, turnover-based rent and marketing charges for tenants in all of its centers that were closed from ...
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News briefs
Privé Revaux in exclusive partnership with GrandVision in Europe
Privé Revaux , the Miami-based eyewear maker in which Safilo bought a 61.34 percent stake in February, has agreed an exclusive partnership to expand in Europe with GrandVision . GrandVision will distribute the company’s products through its stores and e-commerce platforms including Vision Express in the U.K., ...
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News briefs
EU may express concern about EssilorLuxottica purchase of GrandVision
The European Commission may stress that the planned takeover of GrandVision by EssilorLuxottica could harm competition, the news agency Reuters reported, citing people familiar with the matter. The commission is expected to send a statement of objections outlining its doubts in a move to prompt the companies to ...
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News briefs
Zeal Optics revives its ocean-plastic campaign
Zeal Optics is restarting “ Shades For Seas ” campaign for World Oceans Day, on June 8. For every pair of sunglasses, goggles or accessory lenses sold anywhere in the world through the end of June, the company and its retailers pledge to remove five pounds (2.3 kg) of ...
