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Italian Panache, Rich Colours, Exquisite Craftsmanship

Ladies and gentlemen, brace yourselves for the latest and greatest release from Etro Eyewear. The Bloomsburg (photo) model for the ladies, Cambridge for the men, are made of rich acetate, and sophisticated shapes created for the modern individual.  Both models are adorned with their distinctive paisley pattern in a variety of timeless colours, featuring the Etro logo discretely positioned on the left temple.

Etro Eyewear is distributed by Marchon: www.marchon.com

Novartis Delivered Solid 2016 Performance, Alcon Q4 Sales Flat

Sales were in line with last fiscal year due to strong performances from growth products (Cosentyx, Entresto, Gilenya, oncology, Sandoz Biopharmaceuticals)

Net income up 1% for the fiscal year, acquired Encore (presbyopia) and Ziarco (atopic dermatitis). Free cash flow was USD 9.5 billion.

Alcon Division “continues to make progress with turnaround.” Alcon sales were flat for the fourth quarter of 2016, though contact lenses delivered its third consecutive quarter of growth.

Options are being considered to maximize shareholder value for the Alcon division, including either retaining the business, or separating via a capital markets transaction. A review is to take place during 2017.

Joseph Jimenez, CEO of Novartis, said, “Novartis delivered a solid performance in 2016, absorbing Gleevec US loss of exclusivity while investing in key launches and the Alcon Division turnaround.” He went on to say,  “Today we are proposing an increase in our dividend and initiating a share buyback of up to USD 5 billion. Additionally, we are reviewing options for the Alcon Division to maximize shareholder value.”

Read the full press release here.

Marcolin Plans Joint Venture With LMVH

In a statement posted on January 31, Marcolin says it will set up a joint manufacturing and design venture with LVMH (Moett Hennessey Louis Vuitton), a French luxury goods group.

Marcolin will begin making eyewear for the Celine and Louis Vuitton brands in 2018, becoming the group’s “preferred partner in the eyewear business,” according to the Marcolin statement.

According to the statement, “LVMH and the Company will control, respectively, 51 percent and 49 percent of the share capital of the proposed JV. In total, we estimate our equity contributions to the start-up costs, capital expenditures and working capital requirements of the JV will be between €20 million and €25 million over the course of the next four to five years, of which we expect to fund approximately €7 million in 2017.”

The joint venture is contingent on approval by EU anti-trust authorities.

Infoclip had previously posted on January 23, that LVMH intentions were expected to be made known in the coming weeks.

Read the complete press release HERE.

OGS and Canadian Eye Care Business Review Announce Collaboration

Optometry Giving Sight and VuePoint are pleased to announce a content collaboration for Canadian Eye Care Business Review, VuePoint’s newest digital publication.

“Giving Back” is among the content areas of the new digital journal at www.eyecarebusiness.ca. It’s well documented that doing good is healthy for individuals. In addition to the oxytocin-induced infectious “warm glow” that generates good feelings and inspires others, giving back is also good for business!

OGS will share international case studies of how its various programs have been incorporated into eye care practice marketing through Canadian Eye Care Busines Review. “Canadian professionals will benefit from these case studies, and we hope many will implement our programs and share their own experiences,” said Corinne Waldon, Canadian Operations Manager, Optometry Giving Sight.

Canadian Eye Care Business Review is pleased to provide Optometry Giving Sight access to our national platform. In part, this highlights the increasing importance of social enterprise in running a successful eye care practice”, says Dr. Jeff Goodhew, Co-Editor in Chief, Canadian Eye Care Business Review.

Canadian Eye Care Business Review is a newly launched digital resource for Canadian eye care practitioners published by VuePoint IDS. The site is accessible at www.eyecarebusiness.ca.

Canadians Shine At Transitions Academy Awards

Orlando FL, Jan 31, 2017,
Canadian nominees for key awards at the Transitions Celebration Gala did extremely well, attaining two awards among the four nominees from across the Americas, including USA, Caribbean, and Latin America.

New Look took top honours for Best in Training.  Marie-Josee Mercier, vice president sales and operations, accepted the award on behalf of the team.

Sheena Taff, Optician, Roberts & Brown Opticians, Vancouver, BC, was selected as the best in class Transitions Brand Ambassador. Watch an interview with her on Tmag’s Facebook Page here:

Costco was also nominated for Best in Patient Experience as one of three finalists in the Americas. The award was given to Professional Vision Care, an independent practice located near Columbus, Ohio.

Value Optical of Trinidad received the Best in Marketing award for 2016. Best in Marketing finalists included Wilson Eye Center and Heather Padgett, national marketing manager at HOYA Vision Care.Newlook best in training nomination

 

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