All Eyewear Intelligence articles in Volume 22 No. 23+24 – Page 2
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ArticleSpektrum to diversify after new financing round
Spektrum, the Swedish-based brand of ski goggles and sunglasses, has raised 18 million Swedish crowns (€1.7m-$2.0m) from new partners in order to finance its future international development and the diversification of its product portfolio in the safety equipment sector. Spektrum was founded in 2012 by a group of skiers and ...
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ArticleUkraine eyewear retailer rolls out major growth plans
Ukraine’s eyewear retailer Optika 1st announced plans to boost its network from 168 to 500 stores in Ukraine and launch its first outlets in Europe in the next few months, taking advantage of a rather successful development scheme. Optika 1st’s managers said the company was operating a successful franchise model ...
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News briefs
Interlook 2022 show postponed too
A few days after the postponement of the opti trade show from January to May 2022, the organizers of Interlook, the other German trade show formerly known as Brille & Co., have put their 2022 edition on hold as the Covid-19 pandemic is rebounding in Germany and other parts of ...
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News briefs
Maui Jim is donating to Maui’s charities
Maui Jim is once again making donations to charities on its home island of Maui, in the state of Hawaii. So far this year, it says, the brand has made about $260,000 in such donations to support such causes as the arts, elderly care and family services. Recipients include Hale ...
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News briefs
VSP to use Optify's e-commerce platform
The VSP Global Premier Program has established a partnership with Optify, which purportedly operates the industry’s largest database of frames. Private optometry cabinets in VSP’s program will be gaining access to “best-in-market pricing” through Optify’s e-commerce platform, which “enables Doctors of Optometry to sell inventory online under their brand, maximize ...
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News briefs
EssilorLuxottica share in GrandVision rises to 99.73%
EssilorLuxottica announced on Dec. 6 the results of its mandatory public offer for the remaining GrandVision’s share, following the expiry last Friday of the acceptance period started last Oct. 8. During the process, the Italo-French group acquired an additional 33.2 million shares in the Dutch-based retail group at €28.42 each ...
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News briefs
Safilo extends Special Olympics parnership
Safilo Group renewed until 2024 its partnership with Special Olympics, an international non-profit organization dedicated to helping people with intellectual disabilities. Since the partnership started in 2003, Safilo has donated over 1.3 million frames and sunglasses to Special Olympics athletes across the world, as part of the Opening Eye program ...
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ArticleEMEA rebound drove CooperVision in Q4
CooperVision has reported a 12 percent year-on-year increase in Q4 revenues to $564.8 million, an 11 percent hike at constant exchange rates. As compared to 2019, sales grew by 10.8 percent. Commenting on the quarterly results, Al White, CEO of CooperCompanies, noted that the revenue growth had been driven by ...
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News briefs
Essilux joins ESSEC’s Global Circular Economy Chair
EssilorLuxottica has announced that it was one of the founding partners in the launch of ESSEC Business School’s Global Circular Economy Chair, a program aimed at training 120 future circular economy managers. L’Oréal and Bouygues, a diversified group with construction and media businesses, are also supporting the new Chair that ...
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News briefs
New Look Vision Group acquires Luxury Optical Holdings
The Canadian-based New Look Vision Group has announced the acquisition of Luxury Optical Holdings (LOH), further expanding its retail footprint in the U.S. luxury eyewear segment after the takeover of Edward Beiner in 2020 and the previously announced partnership with Black Optical earlier this year. The amount of the transaction ...
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News briefs
Lunor goes direct in France
Lunor is switching to a direct distribution mode in France, where its collections had been distributed by Beausoleil for many years, Acuité reports. French opticians will now order directly from the German upscale brand’s headquarters and be serviced by a team of French native speakers. Lunor has been distributing its ...
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News briefs
Mido confirms its Feb 2022 edition
A few days after the postponement of the opti trade show from January to May next year and as new cases of new Covid-19 omicron spread across Europe, the organizers of the Mido show have confirmed that its 2022 in-person edition would be held as scheduled from Feb. 12 to ...
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ArticleSynsam growth driven by subscription plans
Publishing its first quarterly results since its listing at the Nasdaq Stockholm stock exchange at the end of October, the Swedish-based retailer Synsam has announced significant sales increases across the board and profitability improvements. Double-digit hikes in both organic and like-for-like sales, the expansion of the group’s stores network footprint ...
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News briefs
Mondottica joins UN Global Compact
Mondottica has signed up for the United Nations Global Compact and the UN Global Compact Network UK. The former boasts 14,670 companies, 162 countries and 85,707 “public reports.” Its members pledge to abide by ten principles in matters of human rights, labor (slaves, children, discrimination), the environment and the elimination ...
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News briefs
Julbo, Vuarnet to launch Paris 2024 collections
Julbo has announced that it would launch next year a collection of sunglasses under the Paris 2024 Olympics and Paralympics license, in both its optical and sport distributions networks. The collection will consist of a Paris 2024 range and another one carrying the colors of the French team. The company ...
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News briefs
Etnia turns 20 at the Reina Sofia national museum
Etnia Barcelona celebrated its 20th anniversary with a special evening at the Reina Sofia national museum center in Madrid last week, LookVision reports. Diner guests, including members of the press and influencers, were treated with a private visit of the permanent collection of the museum which had just been renovated. ...
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ArticleAfflelou full year sales top 2019 level by 3%
The Afflelou group has reported a double-digit year-on-year increase in network sales for its fourth quarter and for the full year, as the business rebound across all regions was further boosted by a strong development in the hearing aid segment. Both quarterly and yearly sales’ figures stood above levels reported ...
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News briefs
VSP signs multi-year partnership with eyecare non-profit
VSP Global has established a multi-year partnership with Black EyeCare Perspective, a non-profit organization whose stated goals are to “increase the number of Black leaders addressing the biases in the eyecare industry,” “help eyecare professionals and companies stay effective and relevant in a forever changing landscape by aligning their values ...
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ArticleKering Eyewear banks on blockchain for supply chain sustainability
Kering Eyewear is launching a blockchain-based sustainable initiative in order to measure the overall impact of its finished products through a collaborative platform involving the suppliers at all levels of its entire value chain. Called V.I.R.T.U.S., an acronym standing for Verified, Integrated, Reliable, Trustworthy and Secure, is being described by ...
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News briefs
opti postponed to May 2022
Organizers of the opti trade show have announced the postponement of the 2022 edition of the show from the initially scheduled dates Jan. 14-16 to May 13-15. The announcement comes as the Covid-19 pandemic is rebounding in Germany, which led the German government to introduce a health pass to go ...
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