All Eyewear Intelligence articles in Volume 24 No. 23+24 – Page 2
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ArticleAn optical center in 15 minutes and a new investor for Vision Group
Vision Group, one of Italy’s leading eyewear retailers, aims to expand its domestic footprint further before looking at eventual growth opportunities further afield. Marco Procacciante, CEO, talked to Eyewear Intelligence about Vision Group’s growth plans, which are aimed at serving 85 percent of the Italian population with a VisionOttica store ...
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News briefs
Marcolin opens new showroom in Paris
Marcolin officially opened its new Parisian showroom on Nov. 21 with a ceremony attended by representatives of the French media, celebrities, customers, partners and institutions. Located in the center of the French capital city, behind the Palays Royal garden, the showroom displays the Italian group portfolio of brands but also ...
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News briefs
Moncler eyewear license goes to EssilorLuxottica
EssilorLuxottica and Moncler have announced the signature of an exclusive licensing agreement for the design, production and global distribution of Moncler-branded eyewear, including eyeglasses and sunglasses. The agreement will be in effect from January 2024 until December 2028 with an automatic renewal option for five more years, and the first ...
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News briefsMIDO updates website with new layout and accessibility features
MIDO has updated its website with a new layout and technical changes aimed at ensuring digital accessibility for all users in order to comply with Europe’s Web Content Accessibility Guidelines 2.2. that will become mandatory from June 2025. MIDO said it has redesigned the website with a “Less is More” ...
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News briefs
Spanish eye health tech start-up enters U.S. market
Wivi Vision, a Barcelona-based start-up focusing on children eye health, has announced the signature of a partnership with Vision Rehab Technologies for the distribution of its products and services in the U.S. Wivi Vision has developed a technology that evaluates visual disfunctions in children, such as dislexya for example, and ...
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News briefs
75% of French opticians offer myopia management lenses, poll finds
According to a poll by French website Acuité, only 25 percent of optical shops in the country do not sell myopia management lenses for children, indicating a strong penetration of the relatively new product category in the retail channel. Over 900 optical stores, or about 7 percent of the total ...
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News briefs
French company to launch mosquito-repellent glasses
15-1 Diffusion, the French eyewear company behind some fashion eyewear licenses such as Mauboussin or Armor-Lux, has developed and patented a new technology that enables to encapsulate active substances into micro capsules that are both oxygen-proof and sufficiently porous to release them under certain conditions, like body heat for example. ...
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ArticleSynsam improves margins, expands EyeView roll out
For the first time since the company went public in October 2021, Synsam Group fell short of reporting a double-digit increase in quarterly sales, however not by much as the group’s topline grew by 9.9 percent year-on-year to 1,450 million Swedish crowns (€127m) in Q3. While this confirms the company’s ...
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ArticleEssilorLuxottica integrates Bliz to sports portfolio
EssilorLuxottica has announced the integration of BLIZ, a brand of sport eyewear, snow goggles and helmets, in its sport portfolio which already includes Oakley and Costa. The brand was previously owned by Future Eyewear, a Swedish-based eyewear company selling and distributing other brands like Dr. Zipe (sport eyewear), Prestige (sunglasses) ...
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News briefs
Marcolin adds women-focused session to leadership program
Marcolin has announced that its “Leadership Academy” training program for future leaders, which was launched in 2021, would include for the first time this year soft skills enhancement modules dedicated to women leadership. The group said that this was aimed at training future managers to guide and inspire others based ...
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News briefs
Sunglasses drove Paris Miki’s H1 growth
Japanese-based retail group Paris Miki has reported a 6.7 percent year-on-year increase in revenue to 25.2 billion Japanese yen (€154 m) for the first half of its fiscal year, with growth pace accelerating in the second quarter ended Sept. 30. Sales in the domestic market rose by 6.1 percent to ...
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News briefs
Alcon Q3 contact lens sales rise 10% thanks to product innovation, price increases
Alcon registered sales of contact lenses in the third quarter ended Sept. 30 of $612 million, up by a reported 10 percent compared to the year earlier. Top line growth was attributed largely to product innovation, including the toric modalities of Precision1, Total30 and Dailies Total1 lenses, which outpaced a ...
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News briefs
TOG reports flattish Q3 and 9M sales
Thai Optical Group (TOG) has reported that its revenue inched up by 0.6 percent year-on-year to 795 million baht (€21 m) in the third quarter of the current fiscal year. Total sales for the first nine months of 2023 reached 2,185 million baht (€57 m) also up by 0.6 percent ...
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News briefs
Europe drives Menicon vision care revenue growth in Q2
Menicon has reported a 5.0 percent year-on-year increase in vision care revenue to 53,037 million Japanese yen (€324 m) for the first half of its fiscal year, with overseas market overperforming. Sales in the Japanese group’s domestic market inched up by 1.8 percent year-on-year to ¥37,340 million (€228 m) as ...
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News briefs
Vuzix to work on cost reduction as OEM sales take-off is delayed
Reporting lackluster results for the third quarter of 2023, Vuzix has announced that it would launch a cost reduction program that is expected to lower operating costs by 20 percent annually once fully implemented. The company said that the streamlining of its operations would impact everything from operations to product ...
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News briefs
Mitsui expects flat annual sales in vision care materials
Mitsui Chemicals has reported a second consecutive quarter of declining revenue for its Life & Healthcare Solutions division, in which its vision care business is integrated along with other products such as nonwovens, oral care and agrochemicals. The business unit sales for the first six months of the group’s current ...
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News briefs
70% of French parents open to remote eye exams, report finds
KRYS GROUP and research company IPSOS have announced the main results of their annual survey on various issues related to eye health in France. Among the main conclusions, the research showed that the screen use time of 3 to 10 year-old children has increased by 10 percent from 2022, reaching ...
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News briefs
DAC Technologies acquires 3M’s LEAP III
3M has announced the sale of its LEAP III brand of blocking pads to DAC Technologies, the supplier of equipment and consumables to ophthalmic labs for the surfacing, coating, tinting and finishing of lenses. The transaction is part of a larger exclusive agreement between the companies, through which 3M will ...
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