All Eyewear Intelligence articles in Volume 27 No. 1 – Page 2
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News briefs
EssilorLuxottica and Burberry renew eyewear license
EssilorLuxottica has announced the renewal of its license agreement with Burberry for the design, manufacture and global distribution of eyewear under the luxury fashion brand until 2035. Both companies have been partnering since 2006 and the current deal was set to expire at the end of this year. It is ...
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ArticleMentalities shift, inbound tourism drive Japanese sunglass market boom
“The moment when about 600 students aligned in the school hall put on their sunglasses was a touching scene that symbolized the future,” Japanese retail group Zoff wrote in a press release sent last month. The unusually lyrical comment referred to the company’s partnership with a girls’ junior and senior ...
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ArticleZEISS cautious on outlook as strong 2025 revenue growth reveals 'mixed picture'
Reporting a solid 9.2 percent year-over-year increase in total revenue to €11.9 billion for the 2024/25 fiscal year ended Sept. 30, 2025, ZEISS Group, however, put much emphasis on the “challenging business environment” and the “mixed picture” across its different segments (see table). Zeiss Group revenue ...
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ArticlePassion and clear positioning fuel Brett Eyewear
After two decades developing eyewear collections for third-party brands, first at LOGO and since 2013 at Special’Eyes, the private label eyewear company he founded, Jean-François Boiteux felt the itch: “I wanted to create an eyewear brand truly in line with my passion for vintage motor vehicles, particularly sports cars and ...
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ArticleVision Group acquires LMC/Sensee
Group Héron, the French retail group, is selling the entirety of LMC/Sensee to Vision Group, a Swiss specialist in contact lenses. The financial terms of the sale have not been disclosed. The executive staff at LMC/Sensee is “fully involved in the decision” and will be remaining in place to manage ...
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ArticleSeeing a 'strategic opportunity,' Safilo builds up a 25% stake in Inspecs
On Dec. 15, 2025, Safilo officially announced that it did not intend to make a firm offer for the acquisition of Inspecs. The announcement followed Inspecs’ statement on Dec. 10, 2025, that the board had found an agreement with Bidco for an 84 pence (€0.96) per share deal that values ...
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ArticleAfflelou maintains mid-single-digit sales growth pace in Q1
French-based optical franchisor Afflelou Group posted a 5.0 percent year-on-year increase in network sales to €241.3 million for the three months ended October 31, 2025, marking its first quarter of fiscal 2025/26. The growth was driven by strong performance in France and Spain, with hearing aids sales jumping 15.4 percent overall.
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ArticleUS tariffs weigh heavily on Sun Hing H1 results
Sun Hing Vision Group sales increased by 2.9 percent year on year to 421 million Hong Kong dollars (€46m) for the half year ended Sept. 30, 2025 “despite the overall poor operating environment,” the company stressed. The H1 performance, however, marks a sharp deceleration from the 27.6 percent topline growth ...
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News briefs
VSP Vision completes Marcolin’s acquisition
VSP Vision announced on Dec. 23, 2025 that it has completed the acquisition of Italian eyewear group Marcolin from PAI Partners, which held a 78 percent stake in the company since 2012, and other minority shareholders. The combination of Marchon Eyewear, the eyewear unit of VSP Vision, and Marcolin gives ...
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News briefs
STAAR shareholders reject Alcon merger agreement
The shareholders of STAAR Surgical, a California-based refractive surgery company that specializes in Implantable Collamer Lenses (ICLs), voted against the proposed merger agreement with Alcon yesterday. The agreement, which was contested from the start by Broadwood Partners and other key investors in the company, was recently upgraded in price to ...
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News briefs
Safilo and Pierre Cardin renew license deal
Safilo Group and Pierre Cardin have renewed their eyewear license agreement for the design, manufacture and global distribution of Pierre Cardin-branded eyewear until 2031. The Italian group and the French fashion brand have been partnering since 1991. The collaboration includes both sunglasses and optical frames but Safilo’s CEO Angelo Trocchia ...
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ArticleGentle Monster throws legal challenge at fast-growing K-eyewear challenger
Gentle Monster is taking legal aim at Blue Elephant, another South Korean eyewear brand successfully surfing the “hallyu”, the global K-pop culture trend, albeit at much lower price points. IiCombined, the mother company of Gentle Monster, reportedly filed a criminal complaint against its competitor with South Korean authorities in December ...
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News briefs
Lenskart invests in South Korea, Thailand
Fresh from its successful IPO, Indian-based retailer Lenskart is investing 186 million indian rupees (€1.8m) to acquire a 29 percent stake in iiNeer, a South Korean start-up developing eye-testing and lens-cutting equipment for optical stores. The move, which was executed by Lenskart Singapore, is expected to improve operating efficiencies and ...
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News briefs
Chinese biggest public telecom player invests in AR smart eyewear brand
RayNeo, a Chinese-based AR smart eyewear brand developed by TCL Electronics, has announced that it has secured a new round of funding. Ray Neo did not disclose the amount of the funding, but said that Unicom Innovation, an investment vehicle for China Mobile, was among the investors. The company stressed ...
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ArticleMeta pauses international Ray-Ban Display launch amid AR supply-chain crunch
Meta has postponed the international launch of its Ray-Ban Display AR glasses, citing overwhelming US demand and waitlists extending into 2026. The delay highlights critical supply chain bottlenecks in waveguide production and memory chips, as the smart eyewear market reaches a tipping point for consumer adoption.
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ArticleEyewear industry stock up 8.9 percent in Q4, 6.2 percent in FY2025
As usual at this time of the year, we complement our quarterly analysis of the stock listed eyewear companies in the last quarter with our market capitalization ranking as we enter the new year. You will find the corresponding tables below. The Q4/FY overall performance Starting with the last ...
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News briefs
DEG appoints VP of Sales North America
Design Eyewear Group (DEG) has announced the appointment of Heinz Pichler as its new Vice President of Sales for North America, a seasoned industry executive with previous leadership roles at Marchon, Silhouette and MODO, among others. North America is DEG’s most strategically important market, DEG stressed.
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News briefs
VSP Vision appoints Chief Insurance Officer from within
VSP Vision has announced the appointment of Dave Plevyak as the group’s Chief Insurance Officer, in charge of the not-for-profit company’s vision benefits business. Plevyak has held several management roles at VSP Vision, which he joined in 1992, including Vice President of Finance most recently.
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News briefs
Izipizi signs US distribution partnership for the design/gift sector
IZIPIZI, the French-based brand of readers and other non-prescription eyewear, is partnering with Aesthetic Movement (A/M), a well-established agency in the design and gift sector, for the distribution of its products to design stores, gift shops, interior stores, concept stores, museums and bookstore across the US. Other brands in A/M ...
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News briefs
Double-digit sales increase but lower margins for Jins in Q1
JINS HOLDINGS revenue increased by 13.9 percent year-on-year to 24 billion Japanese yen (€130m) for the quarter ended Nov. 30, 2025, maintaining roughly the same growth pace from the previous quarter. Domestic sales, accounting for three fourths of the total, went up by 12.7 percent but were outpaced by the ...
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