All Eyewear Intelligence articles in Volume 25 No. 5+6 – Page 2
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News briefs
General Óptica promotes new CEO from within
Juan Antonio Franzi is replacing Jordi Fontcuberta as CEO of General Óptica, the Spanish-based optical retail chain belonging to Italian eyewear maker De Rigo. Fontcuberta is retiring after 24 years at the helm of the company, which expanded from about a hundred to three hundred shops during his tenure, including ...
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ArticleTPI aims to solve the “chicken-and-egg” 3D printed eyewear problem
During the recent Mido trade fair in Milan, we stopped at the booth of Tech Print Industries (TPI), a company specialized in the development of technologies for the production of 3D-printed glasses, and had the opportunity to speak with Marc Notenboom, co-founder and chief technology officer. TPI was presenting at ...
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ArticleAfter a good 2023, Atol to accelerate on audition and low-cost banners
French voluntary retail group Atol has announced a 6.3 percent year-on-year increase in company revenue to €455 million for 2023, including €3 million from the sales of hearing aids. The group stressed that last year was a record high both in terms of revenue and growth pace and that it ...
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News briefs
Maui Jim partners with Red Bull events
Maui Jim has announced that it has signed a three-year partnership with Red Bull for the “co-creation” of a series of action sports events. These Red Bull-branded events, focused on skateboarding and watersports, include Boarding Pass and Terminal Takeover (skateboard, New Orleans, U.S.), Magnitude (surf, Hawaii, U.S.), Cope ‘n’ waken ...
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ArticleBausch + Lomb Q4 contact lens sales inch up 1% amid distribution disruptions
Bausch + Lomb reported contact lens sales of $222 million in the fourth quarter of 2023, up by a reported one percent compared to the year earlier and three percent higher at constant currency rates. This growth was primarily driven by the continued momentum of its Infuse/Ultra One Day daily ...
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News briefs
EssilorLuxottica and Michael Kors extend their collaboration
EssilorLuxottica and Michael Kors have announced the early renewal of their licensing agreement for the design, production and global distribution of prescription frames and sunglasses under the Michael Kors brand. Both companies started their eyewear partnership in 2015. The new agreement will take effect from Jan. 1, 2025 for a ...
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News briefs
French families rank their favorite optical chains
“Marques et familles” (Brands & Families), a French marketing organization researching French families’ favorite brands in different sectors, has released the results of the 10th edition of its survey which was based on a poll with close to 2,000 families at the end of 2023. In the optical retail category, ...
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ArticleSynsam wraps up another double-digit growth fiscal year
Synsam Group has reported a 7.7 percent year-on-year increase in revenue to 1,479 million Swedish crowns (€132 m) for the last quarter of fiscal 2023, slowing down slightly from the previous quarter when sales rose by 9.9 percent. On an organic basis, excluding acquisitions, currency effects and franchised stores, quarterly ...
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News briefs
Wiley X to reshore assembling of products at HQ
Wiley X, the U.S.-based brand of protective eyewear for professionals and outdoor enthusiasts, has announced that it would start to assemble all new products from its 2024 collections and beyond in-house at its headquarters in Frisco, Texas. The company said that the initiative would enable it to expand its manufacturing ...
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News briefs
Safilo emissions reduction targets approved by SBTi
Safilo Group has announced that its near-term science-based sustainability targets have been approved by the Science Based Targets Initiative (SBTI). The organization is a partnership between Carbon Disclosure Project (CDP), the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). According to its ...
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News briefs
Anfao exits Confindustria Moda
Italian eyewear industry association Anfao said it was exiting Confindustria Moda, the umbrella association representing the country’s fashion industry. Anfao’s exit comes after Sistema Moda Italia (SMI), which groups textile and apparel firms, and Ferorarafi, for jewelers, left the body. According to Anfao, a founding member of Confindustria Moda, the ...
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ArticleParis Miki reports Q3 slowdown despite booming sunglass segment
Paris Miki has announced a 2.6 percent year-on-year increase in Q3 revenue to 12,689 million Japanese yen (€78 m), slowing down from the 8.7 percent growth reported for the previous quarter. The Japanese-based retailer’s quarterly revenue uptick was driven by its domestic market where sales rose by 2.8 percent to ...
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News briefsMarcolin joins Altagamma
Marcolin has joined the Altagamma Foundation, an organization that, by its own definition, promotes Italian excellence, uniqueness and lifestyle worldwide. Founded in 1992, Altagamma has a membership of 115 companies operating at the high end of a variety of sectors, such as fashion, design, jewelry, food, hospitality, automotive and yachts. ...
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News briefsCooperCompanies donated over $300,000 to Optometry Giving Sight in 2023
CooperCompanies has announced that it raised more than $300,000 last year in support of Optometry Giving Sight (OGS) through global programs, including rebate donations from its US and Canadian customers for over a third of the total amount. The company said that is has donated close to $5 million to ...
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ArticleEssilorLuxottica accelerates in Q4 to wrap another record year
After a relative slowdown in the previous quarter, EssilorLuxottica has reported a return to high-single-digit revenue growth for the last quarter of 2023, leading the group to report another record year in terms of revenue, as its topline reached €25,393 million in 2023, up by 3.7 percent in reported terms ...
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ArticleBacked by new financial partner, Opal-Demetz plans more M&A
We have learned at the recent Mido show in Milan that Opal-Demetz, the French company specializing in children’s eyewear, sports eyewear and low-cost frames known as in France a “deuxième paire” (a second pair of eyeglasses, sold at a nominal fee to customers), opened its capital to private equity at ...
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News briefsMark’ennovy inaugurates European hub
Mark’ennovy has transferred its factory to the city of Getafe, outside Madrid, and thereby quintupled its capacity. In fact, the Getafe site is to become the company’s hub for Europe and serve as its showcase for the broader EMEA region. Source: Mack’ennovy Since last February, when Euclid ...
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News briefsAfflelou signs parcel deal for eyeglass donations
Alain Afflelou has signed a collaboration agreement with Correos Express, the parcel-delivering subsidiary of Spain’s postal service, Grupo Correos, for the collection and dispatch of second-hand glasses throughout Spain, according to Look Vision. The project is the fruit of another collaboration, established in 2015, with the charity Lions Club International. ...
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