All Eyewear Intelligence articles in Volume 22 No. 5+6 – Page 2
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News briefs
Essilor R&D acquires another 3D printer
Prodways Group , a French-based supplier of industrial 3D printing solutions including machines, software and materials, announced earlier this week the delivery of a second 3D printer to the research and development division of Essilor . The two companies started collaborating in 2018 with the aim of applying Prodways’ patented ...
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News briefs
Chiara Ferragni to release Luxottica-made sunglasses
On March 8, the fashion blogger and designer Chiara Ferragni will be releasing her first eyewear capsule, two sunglass models produced by Luxottica , through Sunglass Hut and, in Italy, Salmoiraghi Viganò . Both of these chains are controlled by Luxottica. Ferragni has advised Sunglass Hut ...
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News briefs
U.K. accepts to extend provisional Brexit deal to April 30
The British government has accepted, at the European Union’s request, to extend until April 30 the provisional application of the post-Brexit agreement, to give additional time to the European Parliament to ratify the deal. The provisional application of the post-Brexit agreement started on Jan. 1, after the U.K. left ...
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Article
Solstice Sunglasses files for bankruptcy protection
Solstice Marketing Concept LLC , owner of the Solstice Sunglasses retail chain, filed for Chapter 11 bankruptcy protection last week in the Southern District of New York, after its sales nose-dived by more than 50 percent last year from 2019 levels. The company highlighted the impact of the Covid-19 ...
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ArticleItalian fashion industry still expects sharp declines in H1
The Italian fashion industry still expects sharp declines in sales during the first two quarters of 2021, after falling by 26 percent in 2020 due to the Covid-19 pandemic, according to a survey released by Confindustria Moda, the umbrella association which comprises Anfao, the trade association representing eyewear manufacturers; Sistema ...
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News briefs
Bernard Maitenaz, Varilux’ inventor, passes away
Essilor announced this week the passing of Bernard Maitenaz , the inventor of the first Varilux progressive lens. Born in 1926, Maitenaz graduated from the Arts et Métiers engineering school in 1946 and the École Supérieure d’Optique the following year, before starting a career at the Société des ...
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News briefs
Safilens’ new contacts medicate the eye
Safilens ’ new contact lenses, called Delivery Tyro , dose the eye with synthesized versions of substances found in plants and microbes to effect a “normalization” of the eye’s development, especially in children and young adults. The company is calling these substances lachryceuticals: literally, tear drugs. In particular, Delivery Tyro ...
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ArticleFrench ready to raise their eyewear budget
88 percent of French consumers plan to maintain or raise their budget for their next purchase of prescription eyewear, according to the results of a new survey by Opinion Way, a research company commissioned by Gifo, the French eyewear industry association, and the Silmo trade show. This result represents a ...
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News briefsNau! opens two stores in Saudi Arabia
Nau! opened two additional stores in Saudi Arabia through its local partner Magrabi . A 140 square meter store was opened in Riyadh and a 105 square meter location in Dammam. Thanks to the partnership with Magrabi, the Italian optical retailer now has five stores in Saudi Arabia, ...
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News briefsMilleocchiali buys 5 Optistar stores
The Italian optical retailer Milleocchiali has bought five of the six stores of its rival Optistar . Three of the stores are located in Rome, one is in the nearby town of Tivoli and one in Isernia. Optistar, founded in 1969, will continue operating a store in Rome. ...
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News briefs
Fielmann opens 34th store in Italy
The German optical retailer Fielmann opened its 34th store in Italy and the sixth in the Veneto region. The store was opened in the center of Padua. It covers more than 270 square meters and carries over 850 models.
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News briefs
Italian fashion industry seen rising by 10% in 2021
Revenues of the Italian fashion industry fell by about 23 percent in 2020 due to the impact of the Covid-19 pandemic and are not expected to return to pre-crisis levels before 2023, according to the investment bank Mediobanca. This year, the sector’s sales are expected to rise by about 10 ...
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News briefs
Dragon Eyewear is out fishing
Dragon Eyewear is introducing a collection of sunglasses designed for the anglers out there. The XP Fishing Collection – itself part of the XP Cross-Performance line – comprises four models and a seven lens tints for deep-sea, in-shore, sunrise or sunset fishing. The frames are made of ...
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ArticleMemberships and international sales up at Menicon
Menicon , the Japanese contact lens specialist, posted last week stable revenues of JPY63.4 billion (€496.3m-$599.8m) for the first three quarters of its current fiscal year, a 0.1 percent increase only from the previous year. Sales of contact lenses and care products went down by 2.5 percent year-on-year to ...
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News briefs
100% Optical to hold a 2-day online event in May
Following the postponement of their 2021 edition to January 2022, the organizers of the London eyewear trade show announced the launch of 100% Optical Online , a digital event to take place on May 23 and 24. All members of the optical community will be able to access the virtual ...
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ArticleKering Eyewear’s sales recover in H2
In 2020, Kering Eyewear posted sales of €487.1 million, down by 17.6 percent on a comparable basis. After being hard hit by Covid-19 related lockdowns in the first half, particularly in travel retail, revenues recovered in the second half, when the decline narrowed to 8.6 percent. After excluding ...
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News briefs
Carl Zeiss Meditec revenues back to pre-Covid levels in Q1
Carl Zeiss Meditec ’s revenues for the first quarter of its 2020/21 financial year reached €368.9 million, down by 0.2 percent year-on-year in reported terms but up by 2.6 percent after adjustment of currency effects. The overall topline recovery was fueled by the good performance of the Ophthalmic Devices’ business ...
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ArticleFrance and Germany fared better than Italy and Spain last year
In an online presentation to the members of Club Inter-Optiques, a French eyewear professionals’ association, GFK announced the results of its annual research on the optical market in France and four other European countries for 2020. The company’s results are based on sell-out data from a representative panel of opticians ...
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ArticleGFK estimates French market fell by 11% in 2020
GFK provided the Club Inter-Optiques’ conference participants with more detailed figures on the French optical market, giving it a value of €5.9 billion in 2020, representing a 10.7 percent year-on-year decline as mentioned in the previous article. In volume, the company estimates that 1.3 million fewer corrective eyeglasses were sold ...
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News briefs
Inspecs releases a green line
Inspecs has launched a line of eyewear called Botaniq , with 48 SKUs in 16 styles. The name derives from the frames’ biodegradable materials, adopted in response to consumer demand. These include cork, bamboo, recycled stainless steel and a bio-based acetate called Natura , which abides by ISO14855 and ...
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