Blog

November 6, 2018November 5, 2018

Marcolin Strengthens Its Investments and Its Presence in Asia

Marcolin Group has developed a plan for strong growth and organizational srengthening, as well as distribution strategies and commercial logistics in the Asian market, in response to the renewed growth of the optical and sunglass segments in that area.

The very first initiatives taken are:
– Organisational extensive expansion of manpower
– Exponential increase in “Asian-friendly” styles
– New logistics platform
– New Asia Pacific regional office in Hong Kong

At the end of 2017, the operating workforce of the Hong Kong based Group’s APAC subsidiary began to be strengthened in order to support investments in the Region. A new team was set up exclusively for the local optical market in Hong Kong and the design and product team dedicated to the development of “Asian-friendly” models was consolidated. Professionals dedicated to training have joined the marketing division, as have sales and customer service departments, which have increased their number of staff.

All Marcolin Group’s main brands will be able to rely on a greater number of “Asian-friendly” models and fittings to meet the tastes of consumers in the Far East, with specific products for Korea, Japan and South East Asia.

July 2018 saw the start of the collaboration with one of the leading logistics service providers and freight forwarders for the fashion and luxury industry in Asia.

In October 2018, Marcolin regional office in Hong Kong doubled its office space moving to a location within the Harbour City shopping complex overlooking the Victoria Harbour View. The new office also houses a large showroom, sales offices, as well as a new team dedicated to Hong Kong’s local market.

Click HERE for the full press release.

November 5, 2018

Safilo Posts 221.5 million Euros in sales in Q3 of 2018

Safilo closed the third quarter of 2018 with total net sales of €221.5 million, 9.0% lower at current exchange rates compared to the third quarter of 2017.

Safilo’s sales for the nine month period were €714 million, 9.7% lower than the same period 2017. Gross profit for those nine months was €367 million.

North American Q3 sales were €97 million and nine month sales were €280 million.

“In the third quarter, we accelerated the important work on the fundamentals on which we aim to build our new 2020 business plan. In Europe and North America, where we aim to reconquer the business, we are progressing in stepping up core capabilities in the areas of customer care and service levels, and we are seeing an improvement in the business performance trends since beginning of September,” Angelo Trocchia, Chief Executive Officer, said.

“The work is also ongoing in Asia and Latin America, where in each of the regions we recently appointed new, seasoned leaders with industry experience, who will help us to develop a more effective operating model in important markets like Brazil, China and Japan. On the cost savings front we are progressing well, both at the COGS level and in the area of our Overhead expenses, which in the quarter allowed us to improve the gross margin vs. year ago, and to hold up well at the adjusted EBITDA level where at constant exchange rates we were in line with last year.”

Click HERE for the full press release.

November 2, 2018

Commitment to Accessibility in New Independent Leader’s Debate Commission

The Government of Canada announced the creation of an independent Leader’s Debate commission. Democratic Institutions Minister Karina Gould said an emphasis will be on accessibility, to reach the greatest number of Canadians, including people living with disabilities.

The CNIB Foundation applauds the federal government in this decision. For many Canadians who are blind or partially sighted, the federal Leader’s Debates are an opportunity to listen to federal leaders debate high profile issues before an election. Often, election material distributed door-to-door is inaccessible and candidate websites are not usable for Canadians who rely on screen readers or screen magnifiers. Ensuring accessibility as a central component to future Leader’s Debates is imperative to offer all Canadians a chance to inform themselves ahead of voting.

CNIB appeared before the House of Commons Standing Committee on Procedural and House Affairs in December 2017 and recommended the Committee ensure full accessibility for Canadians who are blind or partially sighted at all future leader’s debates.

Technology offers new platforms for viewing political debates in an accessible way. The CNIB Foundation recommended to the Committee that future leader’s debates have described video and be hosted on a platform that supports screen readers and screen magnifiers. As federal leader’s debates are a focal point in federal elections, the CNIB Foundation is proud to have highlighted the need for accessibility to the Committee.

Source : CNIB

November 1, 2018May 20, 2026

Superbly Modern Frames with a Uniquely Vintage Design

The Marius Morel 1880 collection features modern versions of Morel’s historic and iconic styles. The collection’s designer has used the shapes, colours, and style of Morel’s very first frames to create a distinctly modern conception of “retro chic.” High-quality materials have been combined with new technologies to provide the Marius Morel 1880 collection with authenticity, sophistication, and a one-of-a-kind design.

The frames of the Marius Morel 1880 collection are directly inspired by the Tydée, a thin metal frame first introduced by Morel in the 1960s.

Morel has revived the unmistakable thin temples and 1960s style design of its Tydée frames with two new models: the half-moon frame and the Nylor frame.

These half-moon frames have been redone in two new shapes, one for women and one for men. Their arched bridge connectors and gold, copper, and silver-colored finishes make for a fabulously chic product that reinvents traditional half-moon frames with the most modern of styles.

A Nylor construction brings out the full finesse and elegance of these frames. And a metal and plastic brow bar provides for either a touch of natural colour or hints of black jasper, blue, brown, or red.

These Nylor frames come in four retro shapes: one circle, one oval, and two pantos designed with a trendy double bridge.

Photo: nylor shape 60037M

Distributed by Lanctôt: www.rlanctot.com

Marcolin Strengthens Its Investments and Its Presence in Asia

Safilo Posts 221.5 million Euros in sales in Q3 of 2018

Commitment to Accessibility in New Independent Leader’s Debate Commission

Superbly Modern Frames with a Uniquely Vintage Design

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