All Eyewear Intelligence articles in Volume 23 No. 9+10 – Page 2
-
ArticleBiometric lenses boost Rodenstock sales and profits
The Rodenstock Group has announced that its revenues reached €494 million in 2021, exceeding forecasts and growing by 23 percent compared to the previous year. After a difficult year in 2020 because of the COVID-19 impact on optical market, the German group’s sales rebounded about 10 percent over the €450 ...
-
ArticleStrong wholesale and retail rebound for De Rigo in 2021
The De Rigo group has announced a solid rebound in both sales and profits for 2021, following a significant revenue drop and a negative net result in 2019 because of the COVID-19 impact on the business. As shown in the table below, the family-owned Italian eyewear company saw its topline ...
-
News briefs
Kering issues dual-tranche bond
Kering announced on April 29 that it had issued a dual-tranche bond, each tranche being worth €750 million. One has a three-year maturity and a 1.25 percent coupon, the other an eight-year maturity and a 1.875 percent coupon. The group says the issue is in accordance with its active liquidity ...
-
News briefs
MIDO holds its 50th edition
MIDO has held its 50th edition. According to president Giovanni Vitaloni, who called it a “fresh start for the industry,” this year’s show drew about 22,000 visitors. They hailed from some 50 countries, while the more than 660 exhibitors came to Italy from 45 countries, among them France, Spain, Germany, ...
-
Sponsored articleLast-minute chance: Become an exhibitor at OutDoor by ISPO
The Who’s Who of the outdoor industry will meet from June 12 to 14 in Munich at the MOC. Your company is not there yet? Then use your last-minute chance.
-
ArticleEuropean rebound fueled Safilo Q1 growth
After having posted a slight decline in net sales for the last quarter of 2021, the Safilo Group resumed its growth trajectory in Q1 2022, posting revenues of €282.6 million, up by 8.4 percent in constant currencies compared to the same period last year. The company stressed that its sales ...
-
News briefs
Anon Optics releases sunglass collection
The goggle brand Anon Optics released a collection of sunglasses on May 2. Made in small batches by craftsmen from Japan’s Fukui region, the glasses have Perceive polarized, high-contrast lenses, with water- and oil-repellant treatments and glare reduction. The frames are made of hypoallergenic beta-titanium and cellulose acetate, with stainless-steel ...
-
ArticleMarcolin builds on 2021 momentum in Q1
After bouncing back from the Covid-19 pandemic in 2021, the Marcolin Group built on its recovery in the first quarter of 2022, with sales posting a 19.5 percent year-on-year gain to reach €129.8 million and rising 15.3 percent at constant currency rates. Sales in financial year 2021, for which results ...
-
ArticleItalian eyewear recovery driven by eyeglasses’ frames
The 2021 Italian eyewear report by ANFAO published ahead of the Mido show conveyed a sense of relief after a strong rebound of production and exports last year, but also serious concerns for the future, directly and indirectly linked to the war in Ukraine. Italian eyewear production, of which 90 ...
-
News briefs
Bausch + Lomb to be spun off in IPO
Bausch Health Companies is spinning off Bausch + Lomb Corporation. The announcement came on April 28 that Bausch + Lomb would be making an initial public offering of 35.0 million common shares on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (“TSX”), under the ticker symbol BLCO ...
-
ArticleFielmann sales up 9% in Q1 despite headwinds
During its annual results presentation yesterday, the Fielmann Group confirmed it had reached record external sales of €1.94 million for the full year 2021, as announced in February with its preliminary figures. The company also presented its results for the first quarter of the current year during which the revenue ...
-
News briefs
Meta to open a physical store
Meta, the company formerly known as Facebook, will be opening its first physical store on May 9. It will be located in Burlingame, California – not far from Reality Labs, the former headquarters of Oculus, which Facebook acquired in 2014 and is now home to Meta’s virtual- and augmented-reality business. ...
-
ArticleMIDO on the starting blocks
After two blank years due to the pandemic, the teams of MIDO are finally on the starting blocks to celebrate the 50th birthday of the show with an in-person edition at the Fiera Milano Rho fairgrounds in Milan from April 30 to May 2. Contrary to other international trade shows ...
-
News briefs
Inspecs posts 18% revenue hike in Q1
Providing a trading update, Inspecs Group has announced its Q1 sales totaled $75.1 million in the first quarter of the year, up $7.9 million from the same period last year. At constant exchange rates, group revenue increased by 18.5 percent year-on-year with both organic growth of existing entities and recent ...
-
News briefs
Essilux names VP for professional solutions, northern Europe
EssilorLuxottica has made Franco Ferrante vice president for Professional Solutions for Northern Europe (U.K., Ireland, Nordics and Benelux). Ferrante has been with Luxottica for 17 years, serving most recently as regional director for Northern Europe, France and Israel. The Professional Solutions unit of the group covers the wholesale business of ...
-
News briefs
Essilux sues JPMorgan for failure to report fraud in Thailand
EssilorLuxottica has filed suit against JPMorgan, alleging that the bank knew about and failed to warn of embezzlements of its funds amounting to some $270 million, or €190 million. About half of the funds have been frozen in banks – mostly in Hong Kong and Singapore but also in Malaysia, ...
-
News briefs
100% Optical holds first show in two years
100% Optical held its first show in two years, after many postponements, on April 23-25 at London’s ExCel, breaking its attendance record with 9,680 attendees. The show included catwalk shows, some 160 seminars curated by The Association Of Optometrists (AOP), showcases for optical technology, a mix of independent and international ...
-
ArticleOptic 2000 group just over €1bn in revenue last year
Groupement Optic 2000, one of the leading optical retailers in France, has reported a 17 percent year-on-year increase in revenue to €1,010 million for 2021. This includes annual sales of its two optical banners, Optic 2000 and LISSAC, the business of its buying groups, Gadol in France and Optic Swiss ...
-
ArticleRussian contact lenses market in turmoil
Russia experiences a temporary shortage of Johnson & Johnson’s Acuvue contact lenses due to panic buying and logistics disruptions, the Russian newspaper Kommersant reported, quoting optical retailers. The Russian retail chain Happy Look said that Acuvue accounted for 50 percent of the Russian contact lenses market, and from 70 to ...
-
ArticleNew French retailer wants to ride the healthcare reform wave
Droit de Regard, a new French optical retailer addressing the low-cost segment of the optical market has announced it just raised €2.4 million in new funds from a dozen of private investors. The injected capital will mostly serve to finance the expansion of the banner’s retail network and to increase ...
- Previous Page
- Page1
- Page2
- Next Page
