All Eyewear Intelligence articles in Volume 24 No. 3+4 – Page 2
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News briefs
Mitsui to expand capacities as vision care sales keep growing
Mitsui Chemicals posted a 17.6 percent year-on-year sales increase to 186.8 billion Japanese yen (€1.3 bn) for its Life & Healthcare Solutions’ business unit in the third quarter of its fiscal year. The division includes the Japanese group’s vision care business among other activities such as agrochemicals or oral care. ...
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ArticleUnderstanding the GPSR and what it could mean for EU businesses
Have you heard of the GPSR and do you know what it means for businesses in the EU? We explain the main points every brand needs to know
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ArticleMIDO bounces back strongly
MIDO officials expressed their strong satisfaction, tainted with a sense of relief, after the 51st edition of the international eyewear show closed its doors on Feb. 6 with all key metrics on green. The event organizers have announced that 35,000 industry professionals from over 140 countries visited the show this ...
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News briefs
IOA summit to be held at Silmo Singapore
The International Opticians Association will be holding a clinical conference alongside the first edition of Silmo Singapore, slated for next April 12 to 14 at the Suntec Singapore Convention and Exhibition Center. The association said that one full day will be devoted to myopia management. Sustainability and practice improvement, among ...
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News briefs
WCO holds second edition of online myopia management event
The World Council of Optometry (WCO) and its partner CooperVision are holding its second global virtual event dedicated to myopia management on Feb. 16. Called ”Advancing the Global Standard of Care”, the online conference will include five presentations by eye care professionals (ECPs) on different myopia management issues and a ...
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News briefs
Horizons Optical hits 8 million freeform lenses last year
Horizons Optical, the Spanish-based supplier of lens designs and related services, has announced that over 8 million freeform lenses were produced last year using its technology by more than 130 ophthalmic laboratories throughout the world. The company said that the volume increase in its core business and the roll-out of ...
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News briefsVisionLab going high tech
This year VisionLab will be investing €5 million in its optical shops to bring their services into line with new user demands, according to Look Vision. The optometrics are to include virtual functions for remote measurements, which will reportedly shave about 20 minutes from the average consultation. The Spanish chain ...
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News briefs
Wagner + Kühner files for insolvency
German-based eyewear supplier Wagner + Kühner filed for insolvency proceedings on Jan. 31. A slowdown in opticians’ orders, added to the company’s high level of debts reportedly triggered the insolvency filing. Jens Lieser, the appointed administrator, said that the business and deliveries were continuing as usual during the proceedings. Wagner ...
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ArticleHOYA announces mixed Q3 results, global partnership with NIDEK
HOYA CORPORATION revenue inched up by 1 percent year-on-year in Q3 to 173.5 billion Japanese yen (€1.2 bn) as the continuous – albeit slowing – growth in its Life Care segment’s sales and currency tailwinds offset a sharp decline in the IT division business. At constant rates, the group’s topline ...
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News briefsNew release to Kering Eyewear art collaborative project
Kering Eyewear is releasing the second delivery of its “Kering Eyewear Through Their Eyes”, a two-year collaborative project in which international artists “interpret the company’s DNA”. The new release consists of a collaboration with Greg Guillemin, also known as “Léon”, a Paris-based artist influenced by pop culture. Zero to Hero, ...
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ArticleANFAO turns focus to costs after exports jumped in 2022
Just a few days ahead of the 2023 edition of MIDO, Italian eyewear industry association ANFAO released preliminary data for 2022 that broadly confirmed the contrasted picture given last December, between booming exports and a flattish domestic market. Production value of Italian eyewear increased by 24.0 percent year-on-year to €5,171 ...
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News briefs
Extended rights for French orthoptists
Following a regulation change published at the end of January, French orthoptists are now allowed to issue initial ophthalmic lenses’ prescriptions for people aged between 16 and 42 years old. Previously, all French patients had to visit an ophthalmologist to receive their first eyeglasses’ prescription while orthoptists could renew them. ...
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News briefs
Topcon Eye Care sales up 19% in Q3
Japanese-based equipment maker Topcon has reported a 19 percent year-on-year increase in revenue to a record high 49,289 million Japanese yen (€348 m) for its Eye Care division in Q3. Both the screening devices and the digital optometry systems’ categories grew strongly in the quarter. Favorable currency variations against the ...
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News briefs
GrandVision’s Apollo CEO steps down
Dr.Jörg Ehmer, managing director of GrandVision Germany & Austria and CEO of Apollo, one of the group’s largest retail chain, has decided to resign from his functions, the company announced in a press release. Ehmer, who joined GrandVision in 2014, said that it was the right moment for him to ...
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News briefs
FGX signs LOI with Eastman for Tritan Renew procurement
FGX International, a subsidiary of the EssilorLuxottica group, has signed a letter of intent (LOI) with Eastman to reserve a “significant” volume of the company’s Tritan Renew to be produced at the materials’ supplier new plant in Kingsport, which will become operational later this year. Tritan Renew is a copolyester ...
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News briefs
Topcon appoints new CEO
Effective April 1, Takashi Eto will be appointed as the president and CEO of Topcon in replacement of Satoshi Hirano who has been at the helm of the Japanese group since 2013. Eto entered the company in 1990 and rose through the ranks to hold senior management roles at the ...
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News briefs
VSP Vision recruits new president for VSP Ventures
VSP Vision has announced the appointment of Kathleen Steele as president of VSP Ventures, its business division focusing on growing the group’s network by acquiring independent optometry practices. Steele worked for close to ten years at Luxottica’s U.S. subsidiary, the last five as the group’s vice president of operations. In ...
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ArticleInspecs 2022 revenue up 9%
Inspecs Group has just released a trading update for its business in 2022, in line with the previous update announced in October and showing signs of improvements that sent the group’s share price up by more than 40 percent on the day of the announcement. At 94 pence now, the ...
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ArticleGood 2022 results for Safilo, but Longarone plant’s future uncertain
While showing positive results for 2022, with increases in both revenue and margins, the statement released by the Safilo Group yesterday (Jan. 26) raised concerns about the future of its Longarone plant and its 500 employees. In the opening remarks of its financial announcement, Safilo said that its board of ...
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News briefs
8% revenue hike but operational loss for Mister Spex in 2022
Releasing preliminary results for the full year, omnichannel retailer Mister Spex has announced an 8 percent year-on-year growth in revenue to €210 million for 2022 and an adjusted EBITDA margin of between -6 percent and -3 percent. The company stressed that these results were in line with the guidance announced ...
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