All Eyewear Intelligence articles in Volume 26 No.7+8 – Page 3
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News briefs
Boots future uncertain as WBA changes hands
Walgreens Boots Alliance (WBA) has entered into a definitive agreement to be acquired by Sycamore Partners, a US private equity firm. WBA operates over 12,000 healthcare and beauty shops across the US, Europe and Latin America, including approximately 1,900 Boots stores in the UK. The company is also the major ...
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News briefs
Apollo-Optik has a new managing director
Apollo-Optik, the second largest optical retailer in Germany, has appointed Alex Versteeg as its Managing Director, effective April 1, in replacement of Nihat Aydin who is leaving the company. Versteeg has worked since 1998 for the Essilor and later the EssilorLuxottica group, starting as Junior Manager in France and climbing ...
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ArticleChina, Mexico and beyond; the US optical sector braces for Trump tariff storm
US eyewear industry association takes an in-depth look at the present and potential future US import tariffs and their impact on the sector.
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ArticleCooperVision posts 6% Q1 revenue growth, driven by the Americas amid EMEA and APAC slowdown
The company is maintaining its guidance for a 6.5-8.5 percent sales growth in contact lenses sales as production capacity increase plans are ahead of schedule and expected to pay off in coming months.
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ArticleKits Eyecare posts strong sales growth and higher margins for Q4 and FY
Kits Eyecare ended fiscal 2024 with a strong Q4 as quarterly sales jumped by 41.3 percent year on year to 44.8 million Canadian dollars (€28.9m), accelerating from the previous quarter (+34.0 percent). The company said that the quarter was marked by multiple record-breaking weeks – including a C$4.3 million (€2.8m) ...
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News briefs
Ace & Tate appoints former GrandVision executive as CEO to lift eye care profile
Ace & Tate has announced that Mark de Lange, its founder and CEO, would change his executive role to Chief Brand Officer, focusing on the design of the eyewear collections and the brand identity. In his CEO role, Lange is being replaced by Lex van de Vliet, a seasoned executive ...
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News briefs
Mondottica 2025 charity program to focus on vision care for the homeless
Mondottica Group has announced that it has chosen Vision Care for Homeless People (VCHP) as its official charity partner for this year. The eyewear group said that it would raise funds across its business and fashion brand partners throughout to support VHCP initiatives. Founded in 2003 by four optometrists, VHCP ...
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News briefs
ExpoÓptica and ExpoAudio 2026 dates announced
IFEMA MADRID, the organizer of the ExpoÓptica and ExpoAudio trade show, has announced that the next edition of the event will take place from April 9 to 11, 2026, in Madrid. The move to a Thursday to Saturday schedule, from the usual Friday to Sunday schedule, is meant to increase ...
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ArticleFielmann 2024 sales up 15% on organic growth and US add-on, margins also up
The German-based retail group’s total sales reached €2.3 billion last year, with US acquisitions and organic growth equally contributing to the double-digit uptick. An improved sales mix also helped to deliver higher margins.
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ArticleTOG sales inch up in Q4, solid FY growth driven by Americas, RX business
Thai Optical Group (TOG) Q4 revenue inched up by 1.4 percent year-on-year to 842 million Thai baht (€23.6m), slowing down sharply from the previous quarter and the first nine months of fiscal 2024. The quarterly growth was almost fully attributable to the Americas market where sales increased by 12.9 percent ...
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