All Eyewear Intelligence articles in Volume 9, Issue 2-3
View all stories from this issue.
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Article
Luxottica Redesigns Its Retail Structure
After reviewing its license agreements to manage the optical businesses of three large American retailers, inherited through its acquisition of the former Cole National, Luxottica has decided to drop the license with BJ’s stores and to focus on Target and Sears.Luxottica’s chief executive, Andrea Guerra, acknowledged that Sears has struggled ...
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Article
Luxottica Issues Profit Warnings
Luxottica’s stock price dropped by about 10 percent at the beginning of this month, immediately after the company issued a profit warning on its 2007 results and announced a worse-than-expected forecast for 2008.Addressing analysts at in Investors’ Day organized at Oakley’s headquarters in California ahead of the release of final ...
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Article
Hoya Predicts Lower Overall Income
The vision care segment remains one of the healthiest ones within Hoya Corp., but the big Japanese group is anticipating drops of 5.7 percent in operating income and 4.1 percent in net income because of the difficult economic situation in Japan and in some other markets and an expected decrease ...
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News briefs
Rudy Project’s Zyon Hi-Altitude sunglasses and goggles were put through...
Rudy Project’s Zyon Hi-Altitude sunglasses and goggles were put through a rough test in extreme weather conditions on a recent 700-mile expedition to the South Pole. The lenses are designed to protect against strong brightness and transmit only 6 percent of light during high mountain or glacier activities. The Vision ...
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News briefs
This year’s SILMO fair in Paris will be held on...
This year’s SILMO fair in Paris will be held on Oct. 30 to Nov. 2, starting on a Thursday instead of a Friday like other international fairs, partly because many opticians work on Mondays, even in France where many stores are closed on that day of the week. The fair ...
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News briefs
Jil Sander’s eyewear line of sunwear and ophthalmic frames for...
Jil Sander’s eyewear line of sunwear and ophthalmic frames for both men and women is to be designed, manufactured and distributed by Marchon under a new licensing agreement. Raf Simons, creative director of Jil Sander, will collaborate in their design. Former eyewear collections bearing the German fashion designer’s name were ...
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Article
New European Safety Project
A new European project for monitoring the distribution of contact lenses will start up on June 1. The aim is to ensure that lenses are sold by professionals, and that when the customer presents a prescription, it be carefully checked and respected by the seller. Such regulations are already implemented ...
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Article
The State Of Eye Health In The Eu
A recent health survey conducted throughout the European Union shows that Spaniards have the least concern for their visual welfare, while Belgian and Luxemburg nationals seem to care the most. Only 28 percent of the Spaniards polled go for an annual eye check-up, which is a smacking 10 percentage points ...
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Article
Hal Enters The High-growth Markets
The group continues to enter new emerging markets. After making its first acquisitions in Brazil and Turkey, it is entering Bulgaria and Romania, the two high-growth countries that joined the European Union at the beginning of 2007. In both cases, Hal Holding is making investments in relatively small established chains ...
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Short stops
In an ecological gesture, Nouveau Eyewear will finance the planting...
In an ecological gesture, Nouveau Eyewear will finance the planting of a tree for every unit sold of its new Global Releaf collection, after concluding a brand licensing agreement with American Forests
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News briefs
Vision Expo East, the international trade fair held in New...
Vision Expo East, the international trade fair held in New York in the Spring, has announced the dates for all upcoming shows until 2012. This year’s event will be held on Apr. 11-13 at the Jacob Javits Convention Center. The following exhibitions will take place on March 27-29 in 2009, ...
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Article
Oakley Sees Double-digit
Oakley, the American sporting goods company bought last November by Luxottica, expects to close 2008 with double-digit growth in U.S. and international sales. Double-digit growth is expected in all the segments of Oakley’s business including its secondary brands, men’s and women’s products, wholesale and retail operations, and apparel, footwear and ...
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News briefs
Tesco plans to double the number of its in-store optical...
Tesco plans to double the number of its in-store optical sales counters from 72 to 140 during the next 12 months. ASDA, a direct competitor, has 81 in-store practices and is planning to open at least another six during the year, according to the Optician magazine.
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Article
Essilor Names Roy As European Director,
It is now official. The largest lens manufacturer in the world has formally appointed Bertrand Roy as the new manager for its European division. Most recently, this veteran of the group acted as international director of strategic marketing for two years, after leading Essilor France for six years. Endowed with ...
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Article
Kodak Continues To Work With
The international royalty-based license agreement between Signet Armorlite (SA) and Eastman Kodak has been renewed up until 2014. SA manufactures several progressive lenses under the Kodak brand, such as Kodak Precise lens and the new Kodak Unique lens, and two anti-reflective coatings, Kodak Clear lens coating and the new Kodak ...
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Article
Mido Considers An Event In Rome
MIDO is looking at the possibility of a putting on a new event in Rome in the first week of September. The organizers of the Milan fair insist that it would not be a new trade fair, but a “Business Forum” during which manufacturers and buyers would meet to look ...
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News briefs
De Rigo is experimenting with new selective distribution concepts for...
De Rigo is experimenting with new selective distribution concepts for its brands. Beginning with Etro, the Italian manufacturer is proposing luxury “shop-in-the-shop” corners in prestigious optical outlets. Strong emphasis will be placed on customer service and specific training for the sales staff. The target is to set up 100 such ...
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News briefs
OBE, the German supplier of hinges and small components, recently...
OBE, the German supplier of hinges and small components, recently set up a Chinese representation office, which will serve to organize faster deliveries to frame manufacturers in the country and make transactions in the local currency. The Chinese subsidiary, OBE Trading Company, will be based in Shenzen where the company ...
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Short stops
Maui Jim says the company will use recycled paper for...
Maui Jim says the company will use recycled paper for the publication of all its brochures and product catalogs in 2008
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News briefs
Gerber Coburn, the U.S.-based provider of computer integrated optical lens...
Gerber Coburn, the U.S.-based provider of computer integrated optical lens processing systems, appointed Alex Inceras to a newly created position as general manager. Inceras had been serving as executive director of marketing since 2006. In his new position, he will provide support to the current president, Stephen Lovass, who is ...
