All Eyewear Intelligence articles in Volume 24 No. 17+18
View all stories from this issue.
-
PDF NewsletterEyewear Intelligence: Vol 24 - No 17+18
Packed house and new layout for Silmo Paris | Global lens and frames market resilient to Covid and economic crisis, report finds | Thélios opens portfolio to proprietary brands with Vuarnet acquisition | Fielmann upgrades outlook following confirmation of SVS deal | Specsavers full-year results show profitability drop | Driven by sunglasses, Mister Spex posts positive operating margin in H1 | Synsam posts another record quarter | National Vision raises 2023 earnings guidance as prepares for end of Walmart partnership | Warby Parker sweetens outlook after Q2 sales rise 11%, store rollout continues | Safilo reaches deal with Thélios, Innovatek for Longarone plant and workers | The U.K. and North America drove INSPECS in H1 | CooperVision accelerates in Q3, upgrades full-year forecast | Menicon Q1 vision care sales inch up 4% | Modo acquires Italia Independent brand | Lenskart’s Neso Brands invests $4m in French DTC eyewear brand | Portfolio synergies and sunglasses on DEG roadmap
-
ArticleGlobal lens and frames market resilient to COVID and economic crisis, report finds
Underpinned by solid positive and long-term trends – aging populations and more digital lifestyles in the first place –, the global optical market emerged relatively unscathed from the COVID-19 crisis. That was one of the conclusions from the World Lens and Frames Demand report released last year by independent research ...
-
News briefsNew logo for Johnson & Johnson
U.S. health care company Johnson & Johnson is updating its brand visual identity and uniting its meditech and pharmaceutical segments under the same brand name and logo. Janssen, the group’s pharmaceutical segment will be named Johnson & Johnson Innovative Medicine while the medical technology segment retains its Johnson & Johnson ...
-
News briefs
Gibaplast adopts Eastman Tenite Renew
Gibaplast, the Italian-based supplier of cellulose esters and other materials for the eyewear industry, has adopted Eastman’s Tenite Renew material, the U.S. specialty materials manufacturer has announced. Tenite Renew is a more sustainable version of the company’s Tenite cellulose acetate propionate that is widely used in the production of injection ...
-
ArticleModo acquires Italia Independent brand
MODO GROUP, the Italo-American eyewear company behind the MODO and ECO brands, has announced that it was acquiring the Italia Independent brand from the eponymous company. According to a release by Italia Indepedent, the transaction was agreed for a total of €1 million. As reported a few months ago, the ...
-
News briefs
New podcast by Kirk & Kirk
Kirk & Kirk is launching The Eyes Have It, its own podcast in which Jason Kirk, co-founder of the British designer eyewear brand, is discussing with celebrities and friends from the worlds of sport, music, cinema or fashion on a variery of topics including their eyewear. The first guest of ...
-
News briefs
Spectaris has a new chairman
SPECTARIS, the German industry association for optics and other related sectors, has announced the election of Dr. Bernhard Ohnesorge as its new chairman. Ohnesorge, who is the managing director of Carl Zeiss Jena GmbH was elected with over 90 percent of the votes at the last general meeting of the ...
-
News briefs
Sports optic market to grow 3% annually by 2028
The global market for sports optic – including binoculars, rangefinders, riflescopes and field scopes – is forecast to grow at a CAGR of 2.8 percent to $2.43 billion by 2028, according to a new report by Fortune Business Insights, an Indian research company. The company says that the market growth ...
-
News briefs
Bold Optical Fair gathered 2,750 eyewear professionals
Organizers of the Bold Optical Fair, which reunited for the first time three Dutch trade shows under the same roof, said that their 2023 edition had been “the hottest show of the year,” in reference to the unusually hot weather at this time of the year but also to its ...
-
ArticlePacked house and new lay out for Silmo Paris
As the Silmo Paris teams are gearing up for the 2023 edition of the show that will take place in two weeks in the French capital (Sept. 29 to Oct.2), we sat down with Éric Lenoir, the event’s director, to assess the current status of the fair and the novelties ...
-
News briefs
Marchon to distribute Linda Farrow in North America
Marchon Eyewear has announced the signature of a long-term distribution agreement with luxury eyewear brand Linda Farrow for North America, including Canada and the Cayman Islands. Linda Farrow’s sun and optical frames are designed at its headquarters in London and produced in Japan. The brand operates its own stores in ...
-
News briefs
Carl Zeiss’ CFO steps down
ZEISS Group has announced that Dr. Christian Müller, its chief financial officer and a member of its executive board, would leave the group at his own request and on the best of terms on Sept. 30. Müller joined the group in 2022 as vice president of corporate auditing and risk ...
-
News briefs
DaTE designer eyewear show gathers 1,000 industry professionals in Florence
The organizers of DaTE, the eyewear trade show focusing on the designer eyewear segment, have announced that approximately 1,000 industry professionals and buyers took part in the 11th edition of the show that just closed its doors in Florence, Italy. This marks a decline from the previous edition when 1,500 ...
-
ArticleLenskart’s Neso Brands invests $4 m in French DTC eyewear brand
Neso Brands, the $100 m investment fund launched by Indian-based optical retail group Lenskart last year, has announced that it has acquired a significant stake in Le Petit Lunetier, a French direct-to-consumer (DTC) eyewear brand. It is the first investment in Europe for Neso Brands and Lenskart. As previously reported, ...
-
News briefs
De Rigo expands partnership with Philip Plein
De Rigo Group has announced the signature of a new license agreeement for the creation, production and global distribution of PLEIN SPORT-branded sunglasses and prescription frames, a brand of PHILIP PLEIN, the Swiss-based luxury fashion company. The Italian eyewear maker has been the licensee for PHILIP PLEIN’s main brand since ...
-
News briefs
Marcolin adds new licensed fashion brand to portfolio
Marcolin has announced the signature of a new eyewear license partnership with German luxury fashion brand MCM. The Italian eyewear group will design, manufacture and distribute globally MCM-branded sunglasses and optical frames until the end of 2028. The first MCM eyewear collections by Marcolin will be available from January 2024 ...
-
News briefsNew report on workplace dangers to the eye
The International Labour Organization (ILO) and the International Agency for the Prevention of Blindness (IAPB) have released a report titled Eye health and the world of work and available free of charge online. In it, they estimate that 2.2 billion people in the world suffer from some form of vision ...
-
ArticleThe U.K. and North America drove INSPECS in H1
The Inspecs Group has reported a significant improvement in profitability for the first half year of 2023, mostly thanks to the substantial reduction of its lens unit’s losses, while group revenue progressed at a low mid-single digit pace in constant currencies. As previously announced, the company has changed its reporting ...
-
News briefs
Silhouette eyes carbon neutrality without offsetting
In 2022, the Silhouette Group became a certified carbon-neutral organization, through a combination of emissions’ reductions – which were halved to 2,000 tons annually in the last seven years – and the purchase of carbon credits for the support of a 400 MW solar panel system in India. The Austrian-based ...
-
News briefs
Kering Eyewear gathers supply chain partners for Sustainability Day
Kering Eyewear gathered its key Italian supply chain partners at its headquarters in Padua on Sept. 5 for its Sustainability Day. The event included a workshop by Anna Zandanel, a sustainability and innovation business advisor who shared information on circular economy practices in the eyewear industry with the 40 attendees. ...
