All Eyewear Intelligence articles in Volume 26 No. 11+12 – Page 2
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ArticleItaly’s centuries-long eyewear tradition on display in Venice
The first eyeglasses were invented in Italy in the late 13th century and were rudimentary objects, consisting of two convex lenses held together by a rivet and mounted in frames made of wood, leather or bone. They were used to correct presbyopia and lacked the temples that are now a ...
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ArticleHakim Group gets more private equity support
Hakim Group, a leading player in the UK and Ireland’s optical distribution channel, has announced that ICG, a global private equity firm with over $110 billion in managed assets, was joining the business as an additional investment partner. The raised funds, the amount of which was not disclosed, will support ...
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News briefs
Mondottica enters the readers’ market
Mondottica Group has announced the launch of a range of readers under its licensed Ted Baker brand, marking its entry into the product category. Ted Baker Ready Readers collection includes three eyewear designs available with sunglass or optical lenses and in four correction strengths (+1.5 to +3.0). The ...
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News briefs
Europa Eyewear appoints new CEO
Europa Eyewear has announced the appointment of Megan Molony as its new CEO, starting June 16, 2025. Molony, a seasoned eyewear executive, joins the Illinois-based eyewear company from National Vision, where she has served as Senior Vice President, Chief Merchandising and Managed Care since 2017. Earlier in her career, she ...
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News briefs
DaTE relaunch edition sold-out well ahead of event
DaTE, the Italian trade show focusing on the designer eyewear segment, has published the list of confirmed exhibitors on its website, four months ahead of the event scheduled for next Sept. 13-15 in Riccione. As previously reported, ANFAO, the Italian eyewear industry association organizing DaTE, is relaunching the show this ...
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News briefs
Marcolin adds new licensed brand to portfolio
Guess? and WHP Global, co-owners of rag & bone have announced that they have signed an eyewear license agreement with Marcolin for the New York-based fashion brand. The four-year license partnership includes the design, production and distribution of sunglasses and eyeglasses. Founded in 2002 and targeting both men and women, ...
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News briefsSynsam Group launches new luxury retail concept
Synsam Group is launching a premium optical retail concept with the opening earlier this week of NK Eyewear & Optics at the NK department store in Stockholm, Sweden. The concept offers a unique combination of luxury brands, cutting-edge fashion and clinical expertise, according to the company. The 47-meter-long ...
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ArticleA declining customer base and increased costs weigh on Paris Miki’s performance
Paris Miki closed its fiscal year ending March 31, 2025, with a modest performance as total sales inched up by 0.4 percent year on year to 12.1 billion Japanese yen (€74.5m). The slight revenue uptick, which followed a small decline in Q3, was driven by the Japanese-based retailer’s domestic market ...
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ArticleGoogle kicks off smart glasses platform with multiple eyewear partnerships, including investment in Warby Parker
“As you know, we have been building glasses for over ten years. And we have never stopped,” said Shahram Izadi, Vice President and General Manager of Google’s Android XR unit, at the group’s I/O developers conference yesterday before opening its smart glasses presentation. The introductory remark was probably meant to ...
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News briefs
Magrabi pursues M&A expansion in Middle East
Only a few months after the takeover of Rivoli Vision, Magrabi Retail Group is boosting its footprint in Kuwait with the acquisition of Kefan Optics, a local optical chain established in 1978 and currently operating 36 stores. The investment will enable the Dubai-based group to increase its market share in ...
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ArticleSynsam slows down stores opening pace to 'recalibrate growth and profitability'
Sales kept growing at a double-digit pace overall for the leading optical retailer in the Nordics in Q1, but profitability declined due notably to the fast pace of store openings in 2024 and the rollout of the group’s digital eye exam program.
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News briefsRodenstock comparable revenue and margins up slightly in FY 2024
Rodenstock Group revenue grew by 1.2 percent year on year and on a comparable basis to €512.4 million, the company has announced. The German-based lens maker stressed that the progress was driven by an 11 percent increase in sales to key account (excluding GrandVision), sustained growth in demand for its ...
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News briefsTopcon invests in Eye-Go
Topcon Healthcare has invested in a Danish medical-tech company called Eye-Go and is helping it to develop a product called MistGo Digital, to be incorporated into Topcon’s Harmony digital health platform. Neither company has disclosed any figures. Source: Eye-Go Eye-Go’s MistGo device. The original MistGo is a ...
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ArticleAs wearers base stagnates, sales mix and price hikes drive the European contact lens market
According to Euromcontact, the European federation of national associations and international contact lens manufacturers, the soft contact lenses grew by of 7.1 percent to €2,328 million last year compared to 2023 in the “EMEA zone” which includes 25 countries in Europe plus a few others (South Africa, Turkey, Saudi Arabia, ...
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News briefs
iVision Tech Q1 sales jump 38% as acquisitions boost top line
Italian eyewear supplier iVision Tech saw group sales in the first quarter of 2025 jump by 38.1 percent to €3.4 million, with growth underpinned by recent acquisitions and the resilience of its other activities. Sales of iVision Tech’s parent company stood at €2.0 million, up 0.1 percent from the year ...
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News briefs
Spex Pistols shop in Scotland rebrands after legal dispute with punk band
Spex Pistols, a small optical shop in Dundee, Scotland, has changed its name after being legally challenged by lawyers representing the Sex Pistols, the famous British punk band. While the Sex Pistols legal representatives’ objection pertained to the shop’s logo, whose design was allegedly similar to that of the band, ...
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News briefs
Zeiss Vision Care France appoints new general manager
Zeiss Vision Care has appointed Bertrand Dupourqué as new general manager of the group’s French subsidiary. Dupourqué joins Zeiss from CooperVision where he has served as general manager France since 2020. His previous experiences include senior management roles at Pierre Fabre Group (14 years) and L’Oréal (7 years) according to ...
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News briefs
Krys Group acquires second-hand eyewear e-commerce startup
KRYS GROUP, the leading optical retail player in France, is changing gears in its second-hand eyewear business with the full acquisition of Seecly, an online marketplace established in 2020 that is selling second-hand sunglasses and prescription glasses online. The service is open to both individuals and eyewear professionals and reportedly ...
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News briefs
JINS opens branch in the Philippines
JINS HOLDINGS has announced the opening of a subsidiary in the Philippines. The retail group has been developing a franchise business in the country since 2018 in partnership with Suyen Corporation, building a small network of eight stores. The switch to a 100 percent-owned subsidiary, in which JINS is investing ...
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ArticlePrice hikes and dailies drove Menicon’s growth in fiscal 2024-25
Menicon’s vision care unit revenue increased by 5.1 percent year-on-year to 112.3 billion Japanese yen (€687.4m) or over 90 percent of the company’s total business. In constant currencies, the division’s sales were up by 3.6 percent versus fiscal 2023-24 as solid growth in the daily and monthly contact lenses category ...
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