All Eyewear Intelligence articles in Volume 23 No. 11+12 – Page 2
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ArticleNew HOYA CEO presents group’s roadmap
During the presentation of HOYA’s annual results last month, Eiichiro Ikeda, who was appointed as CEO at the start of the year, delivered an update on the group’s roadmap and main management challenges for the years ahead. After having taken a look back at the HOYA’s 80-year history and reaffirmed ...
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ArticleAPAC has become the world’s largest online eyewear market, research finds
Market research provider Euromonitor International has released a report titled “Where Consumers Shop for Eyewear.” Published in April, the report was presented at this year’s 100% Optical show, on April 23-25. According to the company, contact lenses and their related products are the most established online market segment in ...
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ArticleLow eyewear-VTO awareness leaves untapped potential, survey says
A large share of eyeglasses customers seems to remain unaware of virtual-try-on (VTO) services, even among those who have already visited eyewear e-commerce websites, according to a recent online survey by FittingBox. The French-based provider of VTO and other eyewear-related digital services asked 549 glasses’ wearers, split between France (roughly ...
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News briefs
EssilorLuxottica in talks for Ray-Ban stores in India
EssilorLuxottica has confirmed being in negotiations with Reliance Brands for a partnership to jointly open Ray-Ban stores in India, following a report by the Indian business publication The Economic Times. The Italo-French company added that exploring new retail opportunities under brands like Ray-Ban was part of its group strategy and ...
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News briefs
Russian’s Happy Look switches to private label as imports stall
In the backdrop of mounting import disruptions, Russian eyewear retailers have started replacing imported brands with local products. Russia’s largest eyewear retailer Happy Look has reported that EssilorLuxottica officially notified the company about the suspension of shipments. Until last March, the Italo-French group supplied sunglasses and frames for corrective eyewear ...
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News briefs
Essilux combines its charities under one umbrella foundation
EssilorLuxottica has rebranded its main charity under the name OneSight EssilorLuxottica Foundation, a French registered charitable organization (endowment fund) headquartered in Paris. The bulk of the organization was formerly called Essilor Social Impact. The new entity includes Vision for Life; the Essilor Vision Foundations in North America, India, Southeast Asia ...
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News briefs
All Essilux board resolutions adopted by shareholders at AGM
EssilorLuxottica shareholders have approved all 16 resolutions proposed by the board of directors at the group’s annual meeting, the company has announced. These include, among others, the compensation policy applicable to the company’s executive corporate officers with bonuses of €2.8 million for Francesco Milleri, CEO, and €2.5 million for Paul ...
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News briefs
Pearle Vision has a new SVP and GM
Pearle Vision has promoted Kathleen Steele from vice president of operations – a post she has held since 2016 – to senior vice president and general manager, Vision Monday reports. She will be reporting to Gunjan Kumar, president of retail licensed brands and Pearle Vision North America. Steele is succeeding ...
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ArticleRodenstock adds M&A to technology in growth mix
“We are targeting to outgrow the optical market by two to three times with organic growth, but we are also looking at possible acquisitions to enter new markets,” Anders Hedegaard, CEO of the Rodenstock Group, told us as we were concluding our interview a few days ago, right after the ...
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ArticleZVA confirms German market rebound, but lack of opticians endures
The Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists, has released its annual report on the German market for 2021. The results are based on data collected from its members but also from other market players, associations and research companies. The report shows that ...
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News briefs
CooperVision to have a new head for the Americas in June
Alex Wilkes will be CooperVision’s president for the Americas, the company’s largest region, as of June 14. He is succeeding Jerry Warner, who has held the post since February. Wilkes is coming off a nearly 12-year stint at Luxottica, where he served as senior director of strategy and then vice ...
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Sponsored article7 reasons why you can’t miss OutDoor by ISPO
OutDoor by ISPO is back: With countless innovations from the outdoor industry and around 300 brands on more than 30,000 square meters.
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ArticleChild-myopia awareness on the rise in France, survey says
A recent survey by the French Association for Eyesight Improvement (AsnaV) and OpinionWay suggests that close to half of the French population suffer from myopia as 48 percent of the 1,057 surveyed people said they felt some discomfort for long-distance vision. Among those, 79 percent had gotten their eyes ...
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ArticleRodenstock acquires Indo
The Rodenstock Group has announced that it was acquiring the Spanish lens manufacturer Indo Optical to further accelerate its regional expansion and gain market share. The acquisition is conditioned to the usual regulatory approvals but is expected to go through and be completed in Q3 2022. The Munich-based company, which ...
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News briefs
Bollé appoints three execs for North America
Bollé Brands has made three executive changes specific to its North American market, promoting Myrosha Daley to vice president and head of specialty sales, appointing Taylor Toussaint to the new post of e-commerce director, and hiring Peter Moore to fill the new post of senior vice president of finance and ...
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ArticleConsumer markets up by 9% in H1 at ZEISS
The ZEISS Group has reported a 13 percent year-on-year increase to €770 million in Consumer Markets revenue for the first half of its 2021/22 fiscal year. In constant currencies, sales grew by 9 percent compared to H1 in the previous year. The German-based group does not disclose specific figures for ...
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News briefs
Visionix and Right MFG partner
Visionix (formerly Luneau Technology) and Right MFG have entered a long-term exclusive partnership for Europe, the Americas and Asia-Pacific, except Japan and China. The agreement is aimed at combining the former’s distribution network with the latter’s development and production. On Jan. 1, 2023, all Righton products will be folded into ...
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News briefs
Kenmark is turning 50
Kenmark is celebrating its 50th anniversary with an event, year-long promotions and a review of its history on social media. The eyewear producer and distributor will be giving away two tickets to the 2023 Kentucky Derby – held in the company’s hometown of Louisville – along with $2,000 for flights ...
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News briefs
Maui Jim becomes eyewear supplier to DP World Tour
Maui Jim has signed a multi-year deal to become the official supplier of eyewear to the DP World Tour and its staff at events worldwide, with a presence at tournaments and on the tour’s social media. The Hawaiian brand has also become an official supplier to two Rolex Series events: ...
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ArticleOut Of to accelerate optical distribution
Out Of has signed a sponsorship deal with Paolo Bettini, the former professional cyclist, who was Olympic champion at the 2004 games in Athens and back-to-back world champion in 2006 and 2007. Bettini will be wearing the brand’s eyewear throughout the 2022 season. The Italian start-up was founded by two ...
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