All Eyewear Intelligence articles in Volume 25 No. 1+2
View all stories from this issue.
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![BioAcetate S70 Greener Eyewear Model with Logo-01[48]](https://dhihzlqjusqkh.cloudfront.net/Pictures/100x67/1/5/2/33152_bioacetates70greenereyewearmodelwithlogo0148_456057.jpg)
Sponsored articleBioAcetate S70: Pioneering sustainable advancements in the eyewear industry
Wingram introduces BioAcetate S70, heralded as the next generation of acetate. This innovation seamlessly merges science and sustainability.
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PDF NewsletterEyewear Intelligence: Vol 25 - No 1+2
Mido, ANFAO put CSE front and center in 2024 | “We need to train the eyewear factory workers of the future” | Opti gets ready for a 2024 rebound | ZEISS Consumer Markets unit up 5% in fiscal year, group topline over €10bn | German eyewear industry sales inched up in 2023 as exports slowed down | Eyewear stock price up 8% in Q4, sector market capitalization up 10% year-on-year | Essilux unveils Nuance, announces U.S. and Europe launch dates at CES | AI comes to Meta and Ray-Ban’s smart glasses | Smart glasses and AR technologies on display at the CES | Morrow Eyewear kicks off European expansion with Novacel partnership | Kaneko mother company posts very strong 9-month results | Opal Demetz acquires Roussilhe | Mitsui aims to boost its Life & Healthcare business’ profits by 2030 | Double-digit sales growth but lower margin in full year for Carl Zeiss Meditec | Guenther Fielmann has died
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ArticleMorrow Eyewear kicks off European expansion with Novacel partnership
Morrow Eyewear, the Belgian-based company specializing in autofocal glasses, has announced the signature of a partnership with Novacel Optical for the distribution of its eProgressive Glasses in France and Switzerland. The company said that the agreement would enable over 30 million presbyopes in the two countries with its pioneering technology. ...
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News briefs
French eyewear industry association elects new president
Prûne Marre, managing director of Essilor France, was elected as the new president of GIFO, the French eyewear industry association, last week. She succeeds Eric Lefort, managing director of Marcolin France, who led the organization since April 2022. Jean-Michel Lambert (HOYA Vision Care), Matthieu Lafont (Lafont) and Sandra Timon (Minima) ...
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News briefs
MIDO announces revamped conference program
MIDO has announced the program of conferences for the next edition of the trade fair (Feb. 3 to 5, in Milan). ANFAO, the Italian eyewear industry association, will present the results of its female leadership program on Saturday morning and its new Certified Sustainable Eyewear product certification on Sunday afternoon. ...
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ArticleKaneko mother company posts very strong 9-month results
Japan Eyewear Holdings (JEH), mother company of the Kaneko Optical and Four Nines (or 999.9) brands, published its quarterly financial results in December last year and for the first time since its IPO on the Tokyo Stock Exchange in November. For the third quarter alone, sales jumped by 33.6 percent ...
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News briefs
National Vision signs distribution partnership with DTC brand
National Vision has announced the signing of a distribution partnership with Pair Eyewear, a U.S. direct-to-consumer brand that offers eyeglasses - starting from $60 with single-vision lenses - and sunglasses with customizable fronts for children and adults, including capsule collections with brands such as NBA, Harry Potter or Coca-Cola. The ...
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News briefs
VSP Vision announces management changes in supply chain team
VSP Vision has announced the appointment of Scott Hopeck to the new role of chief commercial officer. Prior to joining VSP, Hopeck has been a division president at iHeart Media, a U.S. group of radio networks, for almost twenty years. In his new position, he will lead VSP’s commercial strategy, ...
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News briefs
Vuzix announces wide-ranging cost cutting program
Smart glasses company Vuzix has announced the start of a significant cost reduction program that is expected to result in a 25 percent reduction of cash annual expenses, corresponding to approximately $8 million. The changes will include job cuts across the company’s major divisions on a global scale, notably in ...
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News briefs
E.U. tightens rules on CO2 offsetting-based sustainability claims
After months of negotiations, members of the European parliament have officially approved a new directive that will effectively restrict the use of certain terms frequently used by companies in their sustainability claims from 2026. In particular, the European Union is taking aim at the use of such wordings as “climate ...
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News briefs
Morel opens three new international branches
MOREL has announced the opening of three new international subsidiaries in Turkey, Croatia and Australia. Located in Melbourne, the latter will service the Australian and New Zealand markets and operate with a dedicated logistics center. In recent years, the French eyewear company has been progressively switching to a direct distribution ...
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ArticleOpal Demetz acquires Roussilhe
In an agreement aimed at ensuring the longevity of both businesses and at developing French manufacturing, Opal Demetz, an eyewear SME based in Lyon has announced the acquisition of Roussilhe, a smaller French eyewear company with a large portfolio of in-house brands produced at its Oyonnax factory. “Together, we ...
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ArticleSmart glasses and AR technologies on display at the CES
In our last CES 2024 report, after our previous articles on EssilorLuxottica’s Nuance launch and on the winners of the CES awards, we present a selection of other smart eyewear products and companies that caught our attention at the Las Vegas show that closed its doors last Friday. RayNeo, a ...
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News briefs
Sharp attendance increase at opti
Organizers of opti have announced that a total of 21,500 visitors from 70 countries and 390 exhibitors from 28 countries took part in the 2024 edition of the show that took place in Munich, Germany, from Jan. 12 to 14. The figures mark a significant improvement from last year’s edition ...
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News briefs
Safilo announces two early licence renewals
Safilo Group has announced a few days apart the early renewals of two of its global eyewear licences, with HUGO BOSS and Aeffe. The agreement with HUGO BOSS, started in 2006, is renewed until 2030 for the BOSS and HUGO eyewear collections. The partnership with Aeffe covers the Moschino and ...
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ArticleGerman eyewear industry sales inched up in 2023 as exports slowed down
German eyewear industry association Spectaris has released preliminary data for the sales of its members on both the domestic and export markets at the recent opti trade fair in Munich, based on figures for the January to September 2023 period. As reflected in the table below, the total industry revenue ...
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News briefs
Topcon settles U.S. lawsuit with Carl Zeiss Meditec
Japanese-based equipment maker Topcon has announced that it would incur an extraordinary loss of 3,341 million Japanese yen (€21 m) to settle a lawsuit filed against its U.S. subsidiaries, Topcon Medical Systems and Topcon Healthcare Solutions, by Carl Zeiss Meditec. According to the German company’s statement, Topcon U.S. branches made ...
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News briefs
Jins Q1 revenue up 6.5 %
Japanese-based retailer JINS has reported a 6.5 percent year-on-year increase in quarterly revenue to 18.2 billion Japanese yen (€114 m) for the first quarter of its fiscal year ending August 2024. The group’s topline growth pace slowed down from the 16.0 percent hike reported for the previous quarter. Q1 sales ...
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News briefs
Krys Group launches full OFG lens range
KRYS GROUP has announced that CODIR, its industrial and logistics subsidiary located outside Paris, was launching a complete range of Origine France Garantie (OFG)-certified lenses. More rigorous than the Made in France marking, the OFG certification guarantees that at least 50 percent of the product’s added value was acquired in ...
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ArticleEyewear stock price up 8% in Q4, sector market capitalization up 10% year-on-year
Along with our usual quarterly update on public eyewear companies’ stock price variations, we are also publishing in the table below the year-on-year changes to provide a longer-term perspective, as well as our annual market capitalization ranking further down on this page. After a negative third quarter, the average stock ...
