All Eyewear Intelligence articles in Volume 21 No. 9-10 – Page 4
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Article
French customers’ purchasing intentions remain unchanged despite Covid-19
A large majority of French customers still have the same purchasing intentions and related budget for eyeglasses and sunglasses, in spite of the coronavirus crisis. This is the main result of an opinion poll conducted last week by OpinionWay, commissioned by GIFO, the French optical industry association.
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News briefs
New York City lockdown extended to June 13
Andrew Cuomo , governor of the state of New York, has extended to June 13 the lockdown of most of the state, including the city of New York, where more than 20,000 residents have died due to the Covid-19 pandemic. The lockdown was due to expire today. Only five ...
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News briefs
Americans are adjusting to the Covid-19 crisis
Interesting new trends have emerged in The Vision Council’s newly released April COVID-19 Optical Impact Consumer Study. In the words of the council’s chief executive, Ashley Mills, the team behind the survey has identified “subtle shifts in consumer sentiment toward eyecare and vision correction.” Over the course of April, the ...
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Article
The EU further extends deadline for Essilux-GrandVision probe
The European Commission has pushed back to Aug. 13 the deadline for completion of its in-depth anti-trust investigation into EssilorLuxottica ’s planned takeover of GrandVision, according to a filing on its website.
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Article
OWP takes over Flair
OWP Brillen , owner of the private OWP and Metropolitan brands as well as the licensed Mexx eyewear brand, acquired the Beck Group , including its subsidiary Bexx Brillenmode, on March 17. The Beck Group, located in Oelde, Germany, is better known for its high-end Flair ...
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News briefs
Etnia Barcelona offers payment flexibility to clients
Etnia Barcelona has strengthened its financing availability to be more flexible regarding missing and delayed payments by clients and to make early payments to suppliers to help them weather the impact of the Covid-19 pandemic. The Catalan eyewear company, which suffered two cases of Covid-19 among its staff, both ...
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News briefs
MPG offers personal protective equipment
Michael Pachleitner Group (MPG), the diversified Austrian-based optical group based in Graz, is offering personal protective equipment to companies and organizations worldwide. Under the MPG Healthcare brand, it is proposing various types of masks, from ordinary mouth and nose protection masks to KN95 and FFP3-certified models, as well as ...
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ArticleInspecs’ new Vietnamese factory attracts new clients
The Inspecs Group suffered delays in the extension of its Vietnamese factory as a result of the Covid-19 pandemic. But the project is nearing completion and production in the new section is scheduled to start towards the end of the second quarter. In the meantime, the company is shipping ...
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Article
Paris, Milan take to digital catwalk
The Paris and Milan fashion weeks for the presentation of spring/summer 2021 menswear collections will be held digitally this year, with Paris preceding Milan and inverting the traditional international fashion show calendar as presentations go online due to the Covid-19 pandemic. Fédération de la Haute Couture et de la ...
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Article
Safilo’s CEO expects Covid-19 to change the way to do business
Angelo Trocchia , the chief executive of Safilo , believes that the Covid-19 pandemic, and subsequent lockdowns worldwide, will spur the digitalization of the company and force it to rethink its business model. The most significant impact could be on the working relationship with wholesale clients.
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News briefs
ClearVision issues e-book on business reopening
ClearVision Optical of Hauppauge, New York, has released a digital guidebook providing eyecare professionals with information on how to successfully reopen their businesses after the Covid-19 lockdown. The e-book is available on the company’s website, in the well-documented Covid-19 resource center, and is composed of four sections: Plan, Prepare, ...
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News briefs
Shamir France donates protective eyewear to health agencies
Shamir ’s French unit gave 1,600 pairs of safety eyewear to regional health agencies located in the Paris region and in the east of France. The donated items are three models with an anti-fog treatment from the Eyres collection. They are going to the staff of nursing homes and ...
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News briefs
Morel raises funds for local hospital
Morel is raising funds to help the hospital Léon Bérard in its home town of Morbier, in the French Jura region. The money will be used to buy medical equipment. The French eyewear manufacturer is also donating portable computers to elementary schools in the towns of Les ...
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Article
Menicon completes expansion of disposable contact lens factory
Menicon has completed the extension of its production site in Kakamigahara, Japan, where it manufactures daily disposable contact lenses. The investment will enable the company to gradually increase production to over 500 million lenses from 90 million.
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News briefs
Pearle Vision in deals for 13 new locations in California, Colorado
Pearle Vision , the North American network of franchised optical retailers owned by Luxottica , has signed 13 new license agreements in California and Colorado. Satheesh Rangappan and Apurva Pancholi are the newly licensed owners in East Bay, California, with an agreement for five locations. Lee Walters ...
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News briefs
Kering issues €1.2 billion bond
Kering issued a dual-tranche bond for a total of €1.2 billion, consisting of a €600 million tranche with a three-year maturity and a 0.25 percent coupon and of a €600 million tranche with an eight-year maturity and a 0.75 percent coupon. The bond enables the company to diversify ...
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News briefs
AbbVie completes acquisition of Allergan
AbbVie , the U.S. biopharmaceutical group, has completed the acquisition of Allergan , an Irish-domiciled pharmaceutical company, following receipt of regulatory approval from all government authorities required by the transaction agreement. Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held. Allergan common stock ...
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News briefs
Maui Jim launches Nominate a Hero program
Maui Jim has launched Nominate a Hero , to celebrate people who are are “bringing positivity” to their community during the Covid-19 pandemic. Each day, during the month of May, the Hawaiian brand will give a pair of sunglasses to a selected hero.
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Article
Altagamma predicts 20 percent drop in global luxury goods sales this year
Global sales of luxury goods are forecast to fall by 20 percent this year, with Europe most affected. It could take until 2023 to return to 2019 levels, according to forecasts by Altagamma and the consultancy Bain Company .
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Article
Bausch Health’s Q1 revenues flat
Bausch Health ’s sales were constrained by the Covid-19 pandemic but the global consumer and international prescription activities of its Bausch + Lomb eye care division posted strong growth. It expects a recovery from the latter part of the second quarter but nevertheless cut its full-year guidance.
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