All Eyewear Intelligence articles in Volume 26 No. 1+2 – Page 2
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News briefs
Silmo Istanbul 2024 attracted over 12,000 visitors
More than 850 brands were on display at the last edition of the SILMO Istanbul trade show, which took place from Nov. 20 to 23, organizers of the event said. The number of exhibiting brands was up from approximately 500 last year. The 11th edition of the show attracted 12,046 ...
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News briefsThélios announces leadership changes at US branch and Barton Perreira
Thélios, the eyewear unit of LVMH Group, has announced the appointment of Luca Guillot Boschetti as Head of Thélios Americas, in replacement of Enrico Sanavia who held that posistion since 2017 and is leaving the company. A seasoned manager with extensive experience in the luxury sector, including 20 years at ...
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ArticleSun Hing loss widens in H1 despite solid ODM sales
The Hong Kong-based manufacturer stressed that lower selling prices and keen competition weighed on the profitability of its core ODM unit.
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ArticleThe Baltic eyewear market rebounds, but long-term outlook is vague
The eyewear market in the Baltic countries has significantly rebounded after a dip in 2020, with large retail groups increasing their market share. However, challenges related to the region’s depopulation remain.
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News briefs
Essilux partners with WHO on eyecare program
EssilorLuxottica has announced that its OneSight EssilorLuxottica Foundation has become a global collaborating partner of SPECS 2030, an eye care program by the World Health Organization (WH0). The SPECS initative focuses on five pillars: improving access to refractive services, building the capacity of eye care professionals, promoting eye health awareness, ...
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News briefs
Inspecs H2 rebound weaker than expected
Inspecs Group has announced in a trading update that the group revenue for fiscal 2024 would amount to approximately £197 million (€238m), down by 3.1 percent in reported terms and by 0.6 percent at constant exchange rates. However, the full-year outlook marks an improvement from the 5.2 percent decline in ...
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News briefs
Visibilia signs license agreement with Kappa
Visibilia has announced the signature of an exclusive licence partnership with Kappa for the design, production and distribution of eyewear under the Italian sportswear brand. The first Kappa eyewear collections will be presented in August 2025 for delivery in the fourth quarter of the year. Kappa is a brand ...
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ArticleiVision Tech launches smart glasses for visually impaired
The glasses will be available online for €599 at the end of this year before their official presentation at the Mido trade show in February next year.
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ArticleHOYA acquires Deutsche Augenoptik
Deutsche Augenoptik (DAO) is a German-based wholesale company supplying lenses, equipment and eyeglasses to opticians, optometrists and ophthalmologists, with a strong market penetration in the independent optical distribution channel.
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ArticleCooperVision forecasts further market share gains in FY 2025
CooperCompanies has announced a 9 percent year-on-year increase in Q4 revenue to $676.4 million for CooperVision, in line with the growth pace reported for the previous quarter. By category, quarterly sales of toric and multifocal contact lenses grew by 9 percent versus Q4 2023, while spherical contact lenses were up ...
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Article‘We try to be responsible’
Alessandra Girardi, head of sustainability and co-owner of Vanni, tells us about how the Italian SME’s sustainability approach is rooted in local production and supply chain, internal commitment and outside expertise, and LCA calculations.
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News briefs
Etnia Barcelona reportedly plans new international stores
Etnia Barcelona is planning to open between five and six flagship stores outside Spain, according to a report by Moda en Gafas, the Spanish trade publication. Targeted cities include Los Angeles, New York and Miami in the US, Paris and Milan in Europe. The Barcelona-based eyewear brand already operates two ...
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News briefs
Historic US eyewear supplier acquired by private equity fund
Zyloware Eyewear, “the longest-running family-owned optical company in the US” by its own description, has announced that private equity firm CenterGate Capital has acquired a majority stake in the business. Established in 1923 and headquartered in Port Chester, New York, Zyloware distributes in North America a large portfolio of house ...
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News briefs
DaTE picks “legendary” nightclub as relaunch venue
The organizers of the DaTE have announced that the 2025 edition of the designer eyewear trade show will take place from Sept. 13 to 15 at the Cocoricò nightclub in Riccione, a seaside resort in central Italy. Established in 1989, the pyramid-shaped disco immediately morphed into a temple for passionate ...
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ArticleThe Americas and Europe keep driving TOG’s sales growth
The Thai-based lens maker was up by 9.9 percent year-on-year in Q3 2024, driven by the Americas (+38.1 percent) and Europe (+15.8 percent). However, the solid sales momentum since the start of this year has yet to yield profitability improvements.
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