All Eyewear Intelligence articles in Volume 25 No. 7+8
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PDF NewsletterEyewear Intelligence: Vol 25 - No 7+8
Hoya production and order systems greatly affected by cyberattack | Safilo looks at 2024 with confidence and hope after complex 2023 | EssilorLuxottica expands retail partnership with Reliance Brands in India | Product mix drives growth and profitability gains for Mister Spex as customer base stagnates | Organic growth and network expansion fuel Krys Group momentum | Two top-ten German optical retailers join forces to take over Edel-Optics | Afflelou maintains mid-single digit topline growth in Q2, gained market shares in 2023 | New management structure and increased retail focus for MPG | Mazzucchelli takes further steps on sustainability journey | New owner for Horizons Optical | iVision Tech enter lens business as 2023 parent company sales rise 19% | Retail expansion, price hikes and inbound tourism boosted JEH top and bottom lines in fiscal 2024 | Sales and profit up double digits for Conant Optical in 2023
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News briefsThe Vision Council has developed a regulatory monitor
The Vision Council is introducing what it calls an online regulatory monitoring service for the optometrists and providers of telemedicine. Dubbed PolicyWatch, the system tracks changes to US laws and regulations pertaining to teleoptometry. It covers all 50 states and the District of Columbia, offers email updates and provides “easy ...
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News briefs
Specsavers founder interviewed by FT
“I’m quite happy about it and I [shall] go on working for as long as I want to.” This is how Mary Perkins, 80, co-founder of Specsavers with her husband Doug, concluded her interview with the Financial Times, referring to their decision to place the company in a family trust ...
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News briefs
New head of EMEA & India at Satisloh
Optical equipment maker Satisloh has announced the appointment of Xavier Maillard as new head of EMEA & India in replacement of Pascal Elsener who has stepped down to “explore new horizons” after ten years at the company, including the last seven in this position. Satisloh said it saw Elsener leave ...
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News briefsCarl Zeiss Meditec acquires DORC
Regulators having cleared the way, Carl Zeiss Meditec has finished acquiring the Dutch Ophthalmic Research Center (DORC). Negotiations began in December of last year. The seller is Eurazeo, an investment firm headquartered in Paris. The terms of the deal remain undisclosed, but Eurazeo reports the following: “The transaction has generated ...
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ArticleHoya production and order systems greatly affected by cyberattack
Please click here for the most recent update on this news. Hoya Corporation announced on April 4 that, following the discovery on March 30 of an IT system failure at one of its overseas subsidiaries, some of the group’s production plants and order systems for several products had been ...
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News briefs
Optiswiss appoints new manager to grow internationally
Optiswiss has announced the appointment of Frederik Zimmermann as head of global expansion for the company. Zimmermann has been working in the eyewear industry since 2009. After a couple of years at Mykita, he joined the Rodenstock group in 2011 where he held several management positions until last March. In ...
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ArticleNew management structure and increased retail focus for MPG
Following the death at the end of 2023 of Dr. Michael Pachleitner, its founder and CEO, the eponymous MPG (Michael Pachleitner Group) is entering a new era of its history with a new management structure and a strategic focus on the development of its retail business unit. We sat down ...
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News briefs
ECOO joins European AI project on macular degeneration
The European Council of Optometry and Optics (ECOO) is one of the twelve European partnering institutions involved in I-SCREEN, an AI-powered project aimed at identifying and monitoring age-related macular degeneration (AMD) at its early stages. Backed by the European Innovation Council’s Pathfinder program, which will invest €4.7 million in the ...
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News briefsWCO dispatching myopia ambassadors
The World Council of Optometry (WCO) has appointed four ambassadors to spread the gospel of its myopia-management standard of care resolution. Developed with CooperVision and introduced in April 2021, the resolution prescribes mitigation, measurement and management. The four ambassadors are: Nicola Logan, Jagrut Lallu, Síofra Harrington and Ashley Wallace Tucker. ...
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News briefs
Lenskart starts rolling out Le Petit Lunetier in India
Following its $4 million investment in Le Petit Lunetier last year, Lenskart has launched the French eyewear brand in 50 of its 1,500+ stores across India. A selection of Le Petit Lunetier models are being present with a shop-in-shop style concept including separate visual merchandising for the brand. Peyush Bansai, ...
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ArticleTwo top-ten German optical retailers join forces to take over Edel-Optics
Optiker Bode and ROTTLER, two family-owned and historical optical retail chains respectively based in Hamburg and North Rhine-Westphalia, are joining forces to take over Edel-Optics, an online optical retail pionneer in both Germany and Europe. Founded in 2009, the company had filed for insolvency proceedings in February. Edel-Optics has ...
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News briefs
New director for Lissac
Lissac, the premium retail chain of the Optic 2000 group, has announced the appointment of Anne-Charlotte Guillaud as its new director. A trained optician, Guillaud boasts 18 years of experience in the French optical retail market with previous experiences at Atol and Optic 2000. She joined Lissac in 2019 and ...
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News briefs
Cecop promotes chief of operations from within
Spanish-based buying group Cecop promoted David Silva Carvalho to the position of director of operations at the sart of this year, we just learned. Carvalho joined the company in 2016 as country manager for Portugal, acting in parallel as the group’s financing manager from 2019. In 2022, he was appointed ...
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News briefs
A third of US workers experience daily screen fatique, survey finds
American workers experience eye strain after just 27 minutes in virtual meetings, according to a survey by VSP Vision and OnePoll of 2,000 employed Americans. Of the 71 percent of survey participants attending virtual meetings, a significant number said that they have experienced some form of eye strain, such as ...
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ArticleiVision Tech enter lens business as 2023 parent company sales rise 19%
The Italian eyewear group iVision Tech announced it was entering the lens sector with the acquisition of a 60 percent stake in Bulgarian lens producer IVILENS OOD for €280,000, as it continues on the acquisition path following the purchase of the French high-end eyewear manufacturer Henry Jullien in September. Stefano ...
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News briefsNexeye launches in-store “Show Don’t Tell” app
Dutch-based retail group Nexeye and tech company Ditar have developped Show Don’t Tell, an app to help the employees and customers of optical stores select frames and lenses by providing a preview of all possible options on the screen of a tablet. The app is being progressively rolled out at ...
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ArticleSales and profit up double digits for Conant Optical in 2023
Chinese lens manufacturer Conant Optical has reported a 12.7 percent year-on-year increase in annual revenue to RMB 1,760 million (€226m) for fiscal 2023, slightly accelerating from its performance in H1. Although the growth in the first half of the year was almost entirely due to price-mix improvements, an uptick in ...
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News briefs
Movitra appoints international sales director
Italian high-end eyewear brand Movitra has announced the appointment of Andrea D’Arrigo as its global sales director as the company expects to grow globally thanks to the Italian manager’s expertise in the US and European markets. D’Arrigo has been working in both regions since 2008 through 1 Alternativa, his own ...
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ArticleProduct mix drives growth and profitability gains for Mister Spex as customer base stagnates
Mister Spex ended fiscal 2023 on a positive note as total Q4 revenue increased by 7.4 percent year-on-year to €46.7 million, significantly accelerating from the 2.4 percent growth reported for the previous quarter. Reflecting the company’s strategic focus on its domestic market since the end of 2022, the quarterly revenue ...
