All Eyewear Intelligence articles in Volume 22 No. 19+20 – Page 2
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News briefs
Ray-Ban Stories under scrutiny on data privacy issues
The Irish Data Protection Commission (DPC) and Garante, the Italian data privacy regulator, have requested Facebook Ireland to provide more information on the recently launched Ray-Ban Stories smart glasses. Both organizations are asking the U.S. tech giant to demonstrate that the “very small” LED light, which sparks up when the ...
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News briefs
Change at the helm of Carl Zeiss Meditec
ZEISS announced last week that Dr. Ludwin Monz, president and CEO of Carl Zeiss Meditec, has decided to step down from the executive board of the group’s ophthalmic devices and microsurgery subsidiary. Monz, whose term will end at the end of this year, has been at the helm of Carl ...
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News briefs
IPO values Warby Parker at close to $6bn
Warby Parker shares ended at $54.29 for their first trading day on the New York Stock Exchange last Sept. 29, or slightly higher than the introduction price of $54.05 per share, but much higher than the reference price of $40 the company received just before its Intitial Public Offering (IPO). ...
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ArticleBollé builds up management team for strategic changes
Bollé Brands has announced a series of key appointments in its management team to support its strategic plan, focusing on the digitization of the business, the RX segment, the brands’ visibility and the company’s social and environmental responsibility. On the digital front, the group launched e-commerce websites for Bollé and ...
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News briefs
VSP Optics has a new president
VSP Global has appointed a successor to Don Oakley, president of VSP Optics since 2006. Oakley has become a “strategic advisor” for the company’s supply chain, reporting to VSP Global’s chief operating officer, Earnie Franklin. The new president of VSP Optics is Indar Chaudhuri, who will also be reporting to ...
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News briefs
Revo establishes three vice presidencies in sales
Revo has filled three new vice presidencies. Jerry Bedingfield is now vice president of sales for the sport and specialty segments in North America, while Christoph Nitz and Kurt Plunger both now hold that same title for Europe. Bedingfield has been working in optical, action sports, and winter/specialty for the ...
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ArticleSustainability: the demo lens challenge (part 2)
While the eyewear industry’s sustainability efforts have mostly focused on the use of eco-friendly or recycled material for the frames so far, the disposal of demo lenses, which end up in landfills for the most part, remains one of the sector’s main issues and still largely untackled because of its ...
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Article1-800 Contacts acquires virtual try-on specialist
1-800 Contacts, the U.S. contact lens specialist, has acquired Ditto, a firm also headquartered in the U.S. that provides virtual try-on systems for eyewear brands and eyewear retailers on- and offline, Vision Monday reports. The terms of the deal, which closed on Aug. 27, 2021, remain under seal, but a ...
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News briefs
MPG signs Davidoff eyewear license
MPG – The Eyewear Company has signed an international license agreement with Davidoff, for the design, production and distribution of Davidoff Eyewear, eyeglasses and sunglasses, to take effect right at the start of next year. Davidoff is owned by the Zino Davidoff Group, which was founded in 1980 to market ...
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News briefs
McGee Group acquires Dom Vetro’s manufacturing
The McGee Group has acquired the manufacturing operations of an another American eyewear firm, Dom Vetro. Run by its founder and designer, Ashley Bezamat, Dom Vetro produces its eyewear by hand in Los Angeles. In its “desire to vertically integrate,” McGhee will be shifting the operation to a refurbished building ...
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News briefs
Marchon and Zeiss announce license agreement
Marchon Eyewear and ZEISS Vision Care jointly announced yesterday that they have agreed on a multi-year and global licensing agreement for the development and the distribution of Zeiss-branded optical eyewear and sunglasses. The first eyewear collection under the new partnership will be launched internationally at the beginning of Spring 2022, ...
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ArticleMister Spex earmarks IPO cash for growth as H1 sales rise 25%
German-based omnichannel retailer Mister Spex has reported a 25 percent rise in first-half revenue to €101 million and said it was earmarking at least half of its IPO raising to fund growth. First-half sales in Germany rose 26 percent to €71m, while internationally they were up 24 percent to €29.3m. ...
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News briefs
Essilor to present 2-year results of Stellest research
Essilor will be presenting the results from a clinical trial of its Stellest lens at this year’s congress of the World Society of Paediatric Ophthalmology and Strabismus (WSPOS), scheduled for Sept. 25. Drs. Damien Paillé, Guillaume Giraudet and Björn Drobe, from Essilor International’s research and development team, will be on ...
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ArticleBrand heritage and international expansion drive Revo growth
Revo, the American brand of high-end polarized sunglasses, is launching Revo Black, a new collection showcasing the brand’s latest developments in both lens and frame technologies. The new range includes three concepts – one featuring a carbon fiber frame, one with a titanium wire frame for the lightest Revo sunglass ...
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ArticleNew investor and strategic focus on Asia for FittingBox
FittingBox, the French-based provider of virtual try on (VTO) systems and other digital solutions, just announced that JINS, the fast-growing Japanese retail chain, had become a shareholder of the company. The investment by JINS allowed earlier financial investors, mainly French venture capital funds Kreaxi and LBO France that have been ...
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News briefs
L’amy Luxe acquires Von Arkel
Group L’amy Luxe, the French eyewear maker that had been saved from bankruptcy proceedings by the International Luxury Group and MadaLuxe at the end of last year, just announced the acquisition of the Swiss brand of luxury eyewear Von Arkel. Founded in 2015, Von Arkel develops and distributes eyeglasses and ...
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News briefs
New designer eyewear e-commerce platform in Asia
Overcome Creative, the Hong-Kong based publisher of the trade publication V Magazine, has launched last month VMAGASTORE, an e-commerce website to connect independent designer eyewear brands and style-savvy Asian customers. Operating a market place business model, the new platform is currently available in Hong Kong, Mainland China and Taiwan but ...
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News briefs
Thélios and Givenchy announce license partnership
Thélios, the joint venture between LVMH and Marcolin, and the French fashion brand Givenchy have announced a multi-year global license agreement for the design, production and distribution of Givenchy Eyewear, starting Jan. 1, 2022. The eyewear collections will be designed in collaboration with Matthew M. Williams, Givenchy’s creative director, and ...
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ArticleShift in the financing of optical expenses in France
The Direction de la recherche, des études, de l’évaluation et des statistiques (Drees), the French administration in charge of national research and statistics, released last week its annual report on healthcare expenses in the country. According to the DREES, the optical market in France decreased by 7.3 percent year-on-year to ...
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News briefs
Safilo to use a sustainable alternative to precious metals
Safilo has announced that it will be the first company in the eyewear sector to use Metal X, a new product developed by the specialty chemicals’ group Coventya. The new material will be used for the surface finishing treatments of Safilo eyeglasses and sunglasses in place of precious metals, notably ...
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