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New Look Eyewear Inc. announces its results for the third quarter of 2014

New Look has reported revenues of $32.5 million for the third quarter that ended September 27, 2014.

This represents an increase of 54% compared with the same period last year. These results are mainly attributable to the addition of 65 Vogue Optical stores in December 2013.

Sales from stores opened by New Look and Vogue Optical before 2013 increased by 3.7% over last year.  The net earnings attributed to shareholders of $1.65 million for the quarter increased by 48.5% over last year, including a provision of $0.81 million for expenses related to the acquisition of companies as well as to the acquisition of Greiche & Scaff, announced last August.

For further information: https://www.newlook.ca/data/pdf/press/2014/en/BCI-press-release-nov-5-2014.pdf

 

Marchon Canada moves its head office

Marchon’s executives have officially announced the relocation of its Canadian head office to new facilities.

The company has moved in larger premises equipped with the latest advanced technology known to this day in Montreal.

The 30,500 square feet new structure will allow Marchon Canada to better serve the market and offer its employees an open concept environment conducive to team building and innovation.

Marchon will focus on increasing its operational capacities.

Marchon Canada’s new address:
7695 Chemin de la Côte-de-Liesse
Ville Saint-Laurent, Québec
H4T 1G2
1-800-956-9290

For further information, click HERE.

 

Infoptix.ca website updated

Infoptix has been updated. A calibration tool has been added, available only with the lens thickness calculation, the evaluated lens now displayed in real size. The over refraction tool is also modified, as well as the ISO Standards, which should benefit Quebec opticians who will attend the next continued education session. All functions are now available for free. Visit http://www.infoptix.ca/.

 

 

Marcolin to double its “Made in Italy” production

Marcolin has acquired a new 3,500 m2 manufacturing facility in Longarone, Italy, which will allow it to double its production capacity in the country.

The acquisition strengthens Marcolin’s commitment to the production of high-end products. The company recently signed license agreements with Ermenegildo Zegna, Zegna Couture and Emilio Pucci, all of which have a policy of developing and manufacturing their products in Italy. Marcolin also holds licenses for other brands that support Italian know-how, such as Tom Ford, Montblanc, Balenciaga, Roberto Cavalli, Dsquared2 and Diesel.

The new facility plans to begin operations in mid-2015.

For further information: http://fr.marcolin.com/upload/documenti/press_release_marcolin_to_double_in-house_made_in_italy_production.pdf

Marchand Giguère merges with FYidoctors

As part of its expansion plans, the Calgary-based optometry network, FYidoctors, has made its entry into Quebec by merging with the Marchand Giguère Group.

Marchand Giguère and its affiliates have 70 optometry locations under various banners, including 16 independent clinics which are also joining the group through the merger. FYidoctors has over 450 optometrists in over 280 locations under the FYidoctors banner or Vision Source Canada.

The Marchand Giguère Group believes that with the Quebec market in the midst of so much consolidation and change, this new business model was the best option for optometrists who want to remain in control of their destiny.

 

For further information, click HERE.

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