All Eyewear Intelligence articles in Volume 23 No. 23+24

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  • De Rigo logo-min
    Article

    De Rigo to acquire Rodenstock eyewear division

    13 December 2022

    De Rigo Vision has announced the signature of an agreement to acquire the full ownership of Rodenstock’s eyewear division, a transaction that is scheduled to be completed at the end of second quarter of 2023. The amount of the acquisition was not disclosed. The family-owned Italian group said the investment ...

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    Eyewear Intelligence: Vol 23 - No 23+24

    13 December 2022

    Marcolin to invest $250m in TOM FORD perpetual license | De Rigo to acquire Rodenstock eyewear division | Eyewear companies climb in Deloitte luxury players’ ranking | Morel puts focus on direct distribution, brand heritage and CSR | Record revenue but lower margins for Cooper | Synsam keeps double-digit sales’ growth pace but profit ratios decline | Slight profitability decline for Specsavers in 2021/22 as investments resumed | Warby Parker details strategy at Morgan Stanley conference | Optiswiss maintains focus on ECPs, innovation and premium products | German industry association calls for urgent measures to protect SMEs | Spain’s optical manufacturers expect a record spring | Carl Zeiss Meditec ends year with 15 % topline growth and full order book | Covid has highlighed the importance of trade fairs | Consumer sentiment slightly improves in Europe

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    News briefs

    MiOptico opens flagship in Lisbon

    13 December 2022

    MiOptico, rebranded MeuOptico for Portugal, has opened a first flagship in the heart of Lisbon. The sales floor makes up 150 square meters of the total 600, the rest of which are taken up with a display space under the Precio Net concept, a Premium Exhibition space, a convention hall, ...

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    Article

    Carl Zeiss Meditec ends year with 15 % topline growth and full order book

    12 December 2022

    Carl Zeiss Meditec has reported annual revenue of €1,903 million for its 2021/22 fiscal year, an increase of 15.5 percent in reported terms and of 13.3 percent at constant exchange rates compared to the previous year. Orders received increased at an even faster pace (27.7 percent in constant currencies) to ...

  • News briefs

    Euromcontact appoints new secretary general

    12 December 2022

    Euromcontact, the European association of the contact lens and lens care industry, has appointed Laure-Anne Copel as its new secretary general, replacing Pascale Rouhier who left the organization after ten years in that position. Copel held the same secretary general role for the last six years at GIFO, the French ...

  • Fiera Milano
    Article

    Covid has highlighed the importance of trade fairs

    12 December 2022

    The Covid-19 outbreak demonstrated that digital solutions “on their own” could not replace trade shows canceled due to the pandemic, noted Luca Palermo, the chief executive of Fiera Milano, which manages the Rho exhibition hall as well as exhibition pavilions in Milan and the Allianz MiCo convention center. The Italian ...

  • CooperVision
    Article

    Record revenue but lower margins for Cooper

    9 December 2022

    CooperCompanies has reported mixed results for its last fiscal quarter of the year as well as for the full year. While the group’s revenue continued to grow at a double-digit pace year-on-year reaching record levels in both business units, CooperVision (CVI) and CooperSurgical, profit ratios declined significantly. CVI Q4 revenue ...

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    Article

    Warby Parker details strategy at Morgan Stanley conference

    8 December 2022

    Warby Parker, represented by its co-founder and co-CEO Dave Gilboa, participated earlier this week in Morgan Stanley Global Consumer & Retail Conference, during which the company detailed some elements of its current business and replied to questions on its future strategy, including on ways to achieve profitability. The U.S. omnichannel ...

  • Etnia Barcelona
    News briefs

    Etnia Barcelona partners with Barça

    8 December 2022

    Etnia Barcelona is releasing a capsule in collaboration with FC Barcelona, also known as Barça. The collection’s seven designs fall into two categories. The first, 1899 Gold, is a limited edition (1899 pieces) of oversize frames with a “deconstructed and recreated Barça crest” and a finish in 24 karat gold. ...

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    EssilorLuxottica adds Swarovski Eyewear to portfolio

    6 December 2022

    Swarovski and EssilorLuxottica have signed an exclusive license agreement for the design, manufacture and global distribution of Swarovski Eyewear. The partnership will be effective until the end of 2028, with a renewal option for an additional five-year term. The first collection will be developped under the leadership of Giovanna Engelbert, ...

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    Stable eyewear and eyecare demand in the U.S. in Q3, report says

    6 December 2022

    The demand for eyecare and eyewear in the U.S. has remained fairly stable since the start of the year, according to The Vision Council’s Consumer inSights Q3 report, which is based on a survey of over 15,000 adults. The results for the third quarter of the year were largely in ...

  • News briefs

    Specsavers appoints new head of professional development

    6 December 2022

    Specsavers has appointed Neil Retallic to the position of head of professional development to support the group’s optometrists and audiologists in their professional training throughout their career. Retallic has more than 20 years of experience in the industry during which he held similar roles at Vision Express, CooperVision and most ...

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    News briefs

    Essilux pledges $11m for education

    6 December 2022

    EssilorLuxottica is pledging $11 million over the next two years towards the study of optometry. One program will disburse $3 million to repay the student loans of recent graduates in optometry who secure employment with one of the company’s retail brands: LensCrafters, Target Optical or Pearle Vision. Another will disburse ...

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    Article

    Eyewear companies climb in Deloitte luxury players’ ranking

    6 December 2022

    Along with Thélios and Kering Eyewear, the eyewear subsidiaries of LVMH and Kering, three Italian-based eyewear manufacturers have been listed in the 2022 edition Deloitte’s “Global Powers of Luxury Goods”, an annual report ranking the 100 largest luxury companies in the world. Companies were ranked according to their consolidated sales ...

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    MIDO launches new sustainable awards

    2 December 2022

    International eyewear trade show MIDO is launching Certified Sustainable Eyewear (CSE) Award, a new award category to debut at the next edition of the trade fair from Feb. 6 in Milano, Italy. The new award program is established in partnership with ANFAO, the Italian industry eyewear association, and Certottica, the ...

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    Article

    Optiswiss maintains focus on ECPs, innovation and premium products

    2 December 2022

    In an interview with Eyewear Intelligence, Samuel Frei, CEO of Optiswiss, sheds light on how the Swiss-based independent lens maker navigates an increasingly consolidated optical market with a strategy based on a focus on premium products, distribution through independent eyecare professionals (ECPs), state-of-the-art production facilities, investment in new technologies and ...

  • News briefs

    Management reshuffle at Marchon

    2 December 2022

    Marchon Eyewear has promoted Gabriele Bonapersona and Gabriele Cappelli to the positions of chief brand officer and chief product officer respectively, taking over roles previously assumed by Thomas Burkhardt who became the group’s president earlier this year. Bonapersona has over 15 years of experience in the eyewear sector, includling the ...

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    New CEO and non-executive directors at Inspecs

    2 December 2022

    Inspecs Group has announced the appointment of Richard Speck as its new CEO. A seasoned executive with 35 years of experience in the eyewear industry under his belt, Peck is an optical retail specialist. After a five-year stint at Vision Express, he worked as managing director for David Clulow Opticians ...

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    Silmo Istanbul announces record attendance for its 2022 edition

    1 December 2022

    Silmo Istanbul organizers have announced that the last edition of the show, which was held from Nov. 17 to 20, attracted a total of 700 exhibiting brands and 11,912 vistors, a record attendance with 14 percent more participants than in 2021. International visitors represented approximately 20 percent of the total, ...

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    Schneider appoints new manager for its chemical department

    1 December 2022

    SCHNEIDER has appointed François Breton as its chemical department manager. Breton has a PhD in Organic Chemistry, 23 years of experience in the optical industry and is well-known for his expertise with lacquers, the company said. Before joining SCHNEIDER, the French executive founded mulitiple global joint ventures, notably with the ...