All Eyewear Intelligence articles in Volume 22 No. 1+2 – Page 2
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News briefs
Andrea Guerra to manage Fendi and Loro Piana
Andrea Guerra , the former chief executive of Luxottica , will be in charge of managing the Italian brands Fendi and Loro Piana from January. Guerra joined LVMH in September, after a five-year stint as executive chairman of the high-end emporium Eataly , as CEO of the ...
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News briefs
Maui Jim wins readers’ choice award in five categories
Maui Jim has come out on top in Vision Monday and 20/20 magazine’s EyeVote Readers’ Choice Award for 2020, winning in five out of 19 categories, more than any other brand. The categories are: Favorite Sunglass Company, Favorite Men’s Fashion Sunglass Brand (new category), Favorite Women’s ...
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ArticleHow Covid-19 has impacted companies’ trade show budgets
It has become commonplace to say that the Covid-19 pandemic has dramatically accelerated trends that were already underway with the digitalization of the economy and society in general. Trade shows have been one the sectors most affected by the phenomenon as restrictions on travel and mass events worldwide prompted ...
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ArticleMister Spex expects sales to grow in 2020 and 2021
Mister Spex expects sales to grow in 2020, and again in 2021, from the €139 million posted in 2019. Last year, the German company saw its adjusted Ebitda rise to €2.0 million from €0.2 million in 2018 as it enjoyed growth in all three of its product categories, ...
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ArticleFielmann buys Óptica & AudiologÍa Universitaria in Spain
In spite of the Covid-19 pandemic, Fielmann , the German-based optical retailer, keeps expanding, as mapped out in its Vision 2025 strategic plan, with the acquisition of Óptica AudiologÍa Universitaria , one of the leading retail groups in Spain. The transaction will complete on Dec. 31. The details ...
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ArticleEssilux names two new helmsmen
EssilorLuxottica announced a series of organizational changes at its helm following the desire of Hubert Sagnières , its executive vice chairman, to retire. The 65-year old French manager has given up his executive powers but remains as non-executive vice chairman of the group. In a simultaneous decision aimed at ...
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News briefsKlarna enters partnership with Verifone
Klarna, the Swedish online payments group which offers ”buy now, pay later” solutions, has entered a partnership with Verifone, a California-based provider of hardware products for payment processing, that will make Klarna available to millions of Verifone devices in the U.S. and Europe. The ongoing Covid-19 pandemic has impacted shopping ...
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ArticleKering investigated by French financial prosecutor
Kering said that the French financial public prosecutor (Parquet National Financier) has opened a preliminary inquiry concerning the company in February 2019. The French luxury goods group added that it had not previously been informed of the inquiry. The comments come following media reports about the prosecutor investigating ...
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News briefs
Sea2See wins at the 2020 Optician Awards
Sea2see Eyewear ’s Positano 02 was a winner at the 2020 edition of the Optician Awards in the U.K. The frame beat six other shortlisted candidates. Founded by François van den Abeele , Sea2see operates in Italy with a “vertically integrated sustainable business model” and produces eyewear made ...
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News briefs
Carl Zeiss Meditec warns that Covid will continue hit results
Carl Zeiss Meditec posted revenues of €1,336 million in the fiscal year ended in September, down by 8.5 percent year-over-year on a reported basis and by 8.7 percent when adjusted for currency effects. The performance of the German medical technology company was affected by the Covid-19 pandemic. It warned ...
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News briefs
New anti-Covid measures in Germany
In concert with the governments of the individual Länder, the federal government of Germany has ordered the lockdown of all the brick-and-mortar stores that sell non-essential products, starting on Wednesday, Dec. 16. Opticians are mentioned among the few exceptions. The new restrictions came after a spike in new contaminations ...
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News briefsSteve Tulba becomes managing director of Inspecs division
The British eyewear maker Inspecs Group has appointed Steve Tulba as managing director of the Inspecs division. Tulba has worked for 11 years with Inspecs in two stints. He started in 2003, initially as international business development manager, then as sales director and finally as president of Inspecs ...
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ArticleEU, UK extend Brexit trade talks in effort to avoid a “no deal”
The United Kingdom and the European Union had decided to wait until Sunday, Dec. 13 to find a compromise on a trade agreement that would go into effect on Jan. 1. But, the European Commission’s president, Ursula von der Leyen , said the negotiators will now continue to work into ...
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News briefs
Eyes + More names Ulli Eickmann CEO
Eyes + More , the German eyewear chain owned by Hans Anders Retail Group , has appointed Ulli Eickmann as chief executive. He was previously at Takko Fashion , where he worked for 15 years, starting as head of sales for Northern Germany and reaching chief sales officer. ...
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News briefs
Mojo Vision partners with Menicon for smart contact lens research
Menicon , the Japanese contact lens company, and Mojo Vision , a Silicon Valley-based tech company have agreed on a joint research partnership for the development of smart contact lenses. Founded in 2015, Mojo Vision has raised over $150 million from various technology investors to develop its augmented reality (AR) ...
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News briefsFielmann appoints a new executive director
Fielmann has appointed K atja Gross as executive director in charge of human resources, effective on March 1. She takes over the responsibility from the company’s chief executive, Marc Fielmann , who held the position on an interim basis since 2018. As CEO, Marc Fielmann continues to ...
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Article
EU to cut greenhouse emission by 55% by 2030
The 27 members of the European Union agreed on Dec. 11, after a night of negotiations, to reduce by at least 55 percent their greenhouse gas emissions by 2030, compared with 1990 levels, increasing the target from a previous objective of 40 percent. “Europe will reduce emissions by at ...
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News briefsWildberries has begun selling in Israel
Russia’s biggest online retailer, Wildberries , has stepped up its international expansion by entering the Israeli market, the company said in a statement. The company will be offering buyers in Israel up to 5 million items from 39,000 brands, including sports products, clothing, toys and household appliances. Purchased items are ...
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Article
The U.K. reaches trade accord with Vietnam, but deal with EU unlikely
The U.K. has finalized a free trade agreement with Vietnam, which is scheduled to become effective from Jan. 1. It is the third trade agreement reached with an Asian country, after those with Singapore and Japan. The U.K. has also reached a preliminary trade agreement with Canada. The U.K. ...
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News briefsEssilorLuxottica reportedly reconsidering GrandVision deal
EssilorLuxottica is reconsidering the agreed acquisition for €7.2 billion of the optical retailer GrandVision , according to the news agency Bloomberg , which cited people with knowledge of the matter. Essilux still sees the rationale of the deal but is increasingly worried about the impact of the Covid-19 ...
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