All Eyewear Intelligence articles in Volume 22 No. 13+14
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PDF NewsletterEyewear Intelligence Newsletter: Vol 22 - 13+14
Essilux-GV: transaction closed | Safilo to launch €135m capital increase | Spanish market to rebound halfway in 2021 | Mister Spex goes public | Fielmann launches lens-fitting app | Shift towards omnichannel in the U.S. | Luxo takes 35% stake in Mazzucchelli | Mondottica focuses on fashion brands | Deep Optics kickstarts innovation | Mido to transition to hybrid format | Q2 eyewear stock price update
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ArticleQ2 Stock price update: Essilux hits record high
We are giving here our quarterly update on the evolution of the stock price of 19 public companies operating in our core market, which grew by 9.4 percent on average between March 31 and June 30. 2021 - Q2 stock price chart The quarter was marked by the ...
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News briefs
Mister Spex reaches €826m valuation on first trading day
Mister Spex has completed its Initial Public Offering at the Frankfurt stock exchange by offering a total of a maximum 15 million shares at the price of €25 each on July 2. The offer included 9,782,609 new shares from a capital increase and 3,260,869 shares from existing shareholders. In addition, ...
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News briefsJF Rey releases 3D-printed collection
Jean-François Rey, the Marseille-based eyewear designer brand, is launching a series of seven frames with a 3D-printed Nylon face, following the success of its NAUTILUS launch a year ago. The 3D-printed shapes are produced using the Selective Laser Sintering technology, an additive manufacturing technique that uses a laser to sinter ...
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ArticleAfflelou rebounds 3 % higher than in 2019
The Afflelou group reported revenues of €189.3 million for its third quarter and of € 618.1 million for the first nine months of its current financial year, representing year-on-year increases of 74.4 percent and 24.5 percent, respectively. The group highlighted that its total sales for the first nine months were ...
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News briefs
Doctolib opens its platform to French opticians
Doctolib, a private company operating an online platform for booking appointments with healthcare professionals, opened its service to opticians in France last month. In an interview with the French trade magazine L’OL MAG, the company said that the Covid-19 crisis boosted the request for online appointments’ bookings with opticians, mentioning ...
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News briefs
Warby Parker renews optometry scholarship for Black students
Warby Parker, the U.S. omnichannel optical retailer, is extending its partnership with the New England College of Optometry (NECO), to increase Black representation in the sector. The company already financed the scholarship of two Black scholars for NECO’s four-year optometry program and will expand its contribution by covering the tuition ...
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News briefsThélios releases its first FENDI collection
FENDI, the Italian luxury brand, and Thélios, the joint venture between LVMH and Marcolin, have signed an exclusive license for the design, production and distribution of Fendi-branded eyewear. The first release under this collaboration is the Fall/Winter 2021 collection of sunglasses and eyeglasses, which will be available in FENDI stores ...
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ArticleEssilux-GV: transaction closed
As expected since EssilorLuxottica’s previous announcement two days ago, the group completed on July 1 the acquisition of HAL’s 76.72 percent stake in GrandVision at the price of €28.42 per share agreed in July 2019. The transaction will amount to a payment of approximatively €5.5 billion and the Italo-French group ...
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ArticleSafilo to launch €135m capital increase
The board of directors of Safilo has decided to propose a share capital increase of up to €135 million, the company announced on June 30. The group said that the main objectives of the capital increase were the reimbursement of a shareholder loan to Multibrands, a subsidiary of HAL Holding, ...
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ArticleFashion-focused Mondottica upbeat about post-Covid rebound
Mondottica International, the eyewear company specializing in licensed eyewear, is preparing for the launch of its first Vivienne Westwood eyewear collections in the second half of the year. The new license is the first addition to the Hong Kong-based company’s portfolio since the departure of Michael Jardine, founder and former ...
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ArticleEssilux to close GV acquisition
EssilorLuxottica announced yesterday that its board of directors has approved the completion of the acquisition of HAL’s 76.72 percent stake in GrandVision at the price of €28.42 per share that was initially agreed on July 2019. The announcement was followed by a very short statement by GrandVision, in which the ...
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News briefs
Mirage signs North Sails license
Mirage, the Italian OEM company specializing in polyamide eyewear, has announced the signature of a licensing agreement for the production and distribution of sunglasses under the North Sails brand. Founded by Lowell North in 1957, a U.S. sailor and Olympic gold medalist, North Sails is one of the leading sailmakers ...
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News briefs
Alcon announces executive committee changes
Alcon announced a series of changes in its executive committee as Michael Onuscheck will be stepping down from his position of president of global business and innovation after six years at the company. Ian Bell, currently president of international will take over from Onuscheck. Raj Narayanan, senior vice president of ...
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ArticleShift towards omnichannel in U.S. online eyewear purchase
The Vision Council has released the latest edition of its Internet Influence Report, a research conducted in December 2020 among 4,909 U.S. adult consumers and aimed at measuring the role of internet in their recent eyewear purchases. This edition follows previous reports published in 2017 and 2020 that provide a ...
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News briefsKering Eyewear launches new retail concept
Kering Eyewear is launching its Digital Retail Concept, a new store design in which digital screens play branded videos that can be updated at any time, switching from multi-brand to single brand contents and therefore allowing for a quick and easy change in the store lay-out. The new concept is ...
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News briefs
Eyemart Express partners with the U.S. Army
U.S. optical retailer Eyemart Express is partnering with Partnership for Youth Success (PaYS), the U.S. Army’s program helping veterans to find jobs,Vision Monday reports. As part of the joint initiative, Eyemart Express will guarantee veterans a job interview at one of its 230 stores in the country. Selected candidates will ...
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News briefs
Bollé launches new AI-developed lens
Bollé Brands has announced the launch of a new Volt+ sunglass line which incorporates a new lens technology designed to improve the perception of colors by the wearer. Based on the analysis of over 20 million lens formula combinations by artificial intelligence tools, the new lens is said to provide ...
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ArticleMister Spex, Warby Parker: omnichannel retail going public
In a press release dated June 22, Mister Spex’ announced that its floatation at the Frankfurt stock exchange was scheduled for next week, July 2. The company set a price of between €23 and €27 for its initial public offering (IPO), corresponding to a valuation of up to €895 million. ...
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News briefs
Management changes at Julbo
Julbo Eyewear has appointed Rick Randall as vice president of sales in the U.S. A former sales manager for Rocky Mountain Bicycles, Randall had joined Julbo early last year as national sales manager. He will be in charge of sales strategies and retail growth, both in the optical and sporting ...
