All Eyewear Intelligence articles in Volume 26 No. 13+14 – Page 3
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ArticleEssilorLuxottica keeps retail expansion focus on APAC with new acquisition
Malaysian acquisition to add 90 stores to regional retail footprint. Asia-Pacific accounted for 80 percent of new store openings by the group in the last two years.
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ArticleZEISS Vision Care enters ortho-k category with acquisition in Asia
ZEISS Vision Care has announced that it has agreed to acquire 100 percent of the shares in Brigthen Optix, a Taiwanese-based contact lens manufacturer listed on the Taipei stock exchange and focusing on orthekeratology contact lenses. ZEISS said that the acquisition, which is expected to be completed in early 2026, ...
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News briefs
Marcolin and Guess longterm partnership to last much longer
Marcolin and GUESS? have announced the very early renewal of their current global license agreement for the design, production and distribution of GUESS- and Marciano-branded sunglasses and eyeglasses. The partnership, which was scheduled to end in 2030, has been extended until 2040. Fabrizio Curci, CEO of Marcolin, said that GUESS ...
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News briefs
Mister Spex launches eye health check service
Mister Spex has announced that it will roll out its eye health check service in all its 65 stores by the end of the month. Aimed at customers over 40 years old, the service includes a refraction, an anamnesis (medical history), the measurement of intraocular pressure and a high-resolution fundus ...
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News briefs
HOYA Vision Care acquires Centennial Optical
HOYA Vision Care is acquiring Centennial Optical, a Canadian distributor of eyeglasses frames and lenses, sunglasses, lens lab supplies and optical accessories. Centennial’s current lens portfolio includes Rodenstock, Kodak Younger Optics and two house brands (CHOICE and Centroptic). On the frames side, its offering includes brands such as Ben Sherman, ...
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News briefs
EssilorLuxottica issues €1bn bond
EssilorLuxottica successfully launched a bond issuance for €1 billion yesterday, with the order book peaking at €2.5 billion and attracting quality institutional investors, the group said. The bond, which will mature in January 2030, carries a coupon of 2.625 percent with a yield of 2.76 percent. The group said that ...
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News briefs
VSP Vision provided over $1m to optometry students through debt relief program
VSP Vision announced that it has provided over $1 million in debt relief through its optometry student loan repayment program, which started in 2023. The company has supported 30 optometry students for the repayment of their loans and plans to fund 20 new recipients this year. Not limited to ...
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News briefs
Tifosi Optics appoints new COO
Tifosi Optics, the US brand of sports eyewear, has appointed Michelle Crockett as its new Chief Operating Officer. Crockett joins Tifosi Optics from C&C Consultant Services, where she provided interim leadership and strategic support for eyewear companies like Smith Optics (Safilo Group) and Glasses USA. Her previous experiences include senior ...
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News briefs
Gentle Monster parent company revenue up 30% in FY2024
According to several reports in several South Korean news outlets, including here, iiCombined, the parent company of Gentle Monster, has posted sales of 789.1 billion korean (€505m) won in fiscal 2024, up 29.7 percent year on year. The eyewear brand accounted for roughly 80 percent of total revenue, followed by ...
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ArticleAn advance in electric contact lenses?
Xpanceo presented two prototypes for electronic contact lenses at the latest GITEX Asia show, held in Singapore on April 23-25, where the tech firm was making its debut. One was a charging system, whose wireless power transfer (WPT) delivers “twice the range of existing solutions of similar size,” according to ...
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ArticleAKN Group acquires Götti and Eyetech
AKN Group, formerly known as Akoni Group, has announced the acquisition of eyewear designer brand Götti. This investment, which also encompasses Eyetech, a Swiss-based lens maker, marks the first M&A operation for the luxury eyewear group whose portfolio already includes Akoni, a house brand made in Japan, and Valentino and ...
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