Blog - Page 512 of 873

November 15, 2019November 15, 2019

Focus on Contact Lenses at opti Munich

At opti, from January 10 to 12, 2020 at the Fairground Munich, trade visitors can discover all of the new developments on the contact lens market. Hall C6 will accommodate 25 exhibitors focusing on contact lenses and contact lens supplies.

opti introduces five companies that will be presenting their new products:

CooperVision
In addition to the improved clariti® 1-day lens range, the company will discuss the growth and solution potential in the area of dropout, in line with its future communication approach “In the blink of an eye”.

Hecht Contactlinsen
Hecht will present seefree®, a one-of-a-kind ortho-k product. Their special feature is the fitting: a software calculates the initial suggestion for individual seefree® lenses before the contact lens fitter can select and optimise the rear ortho-k surface.

Menicon
Menicon is the only company in the world that offers both ortho-k as well as soft contact lenses specifically approved for controlling myopia in Europe. In the spring of 2020, Menicon will launch the Bloom™ Myopia Control Management System in Germany, Austria, and Switzerland. It constitutes a comprehensive concept on myopia management that comprises three product groups and is rounded off by fitting software.

MPG&E
Not only is MPG&E celebrating its 20^th anniversary at opti 2020, the company will also be presenting products with particularly great potential for the future: Visitors can look forward to learning about two contact lenses for managing myopia in children and teenagers, DreamLens, a contact lens that boosts the wearer’s vision at night, and several product debuts.

SwissLens
SwissLens is fully dedicating itself to the areas of myopia management and new contact lens materials. SwissLens has expanded its product portfolio and will be presenting a special contact lens for both myopia management and orthokeratology.

Wöhlk Contactlinsen
Since May 2019, Wöhlk Contactlinsen GmbH has been part of an international cooperation with the Japanese contact lens manufacturer SEED Co. Ltd. Visitors can look forward to learning more about the company’s new focus on presbyopia.

Click HERE for the full press release.

November 13, 2019November 13, 2019

BMW Enters in the Marcolin Group Brand Portfolio

Marcolin Group and BMW Group announced the signing of an exclusive worldwide licensing agreement for the design, production and distribution of sunglasses and eyeglass frames for BMW, BMW M and BMW M Motorsport labels. The agreement is valid for five years, effective from January 1, 2020 until December 2024.

Marcolin Group will craft eye-catching and contemporary styles, with an energetic soul, conceived not only for the fans and customers of the BMW brand. Modern and easy-to-wear shapes for the BMW masculine and unisex sunglasses and optical frames, enriched by smart details, evoke the authentic essence of the brand.

For those searching for high-performance eyewear, while paying accurate attention to meticulous handcrafted high-tech details, the BMW M sunglasses represent the perfect solution: top quality level in terms of materials and treatments, exclusive aesthetic and bold profiles.

Young and sporty accent designs embody the BMW M Motorsport eyewear collection. Lightness, strong colour-blocking combos and dynamic shapes identify the sun and optical styles of this line, created for the BMW M Motorsport community.

Beginning next year, the eyewear collections will be available worldwide through Marcolin Group’s distribution network and in the travel retail channel.

Massimo Renon, CEO Marcolin Group, affirmed: “We are very excited and proud to be entering this new partnership with BMW, one of the most powerful leaders in the automotive and motorcycle industry. BMW has a strong influence in fashion, with products that are exciting to luxury audiences globally. We believe that the BMW brand, with its solid worldwide presence and innovative fashion design, will fit perfectly within our portfolio. We are confident that this partnership will have great success”.

Click HERE for the full press release.

November 13, 2019November 13, 2019

Safilo Group: Q3 and First 9 Months of 2019 Trading Update

The Board of Directors of Safilo Group has reviewed and approved Q3 and first 9 months 2019 economic and financial key performance indicators.

Angelo Trocchia, Safilo Chief Executive Officer, commented: “In the third quarter of the year, we continued the improvement of our results, working with determination on those priorities aimed at enhancing our Group’s assets, in particular strengthening our commercial capabilities and enhancing our digital agenda, two areas in which our strategy is focused on the customer and on a continuous and ever closer connection with the final consumer. Meanwhile, we progressed also with actions to improve the efficiency of our production processes and overhead cost structures.

The quarter brought significant results, we renewed two strategic partnerships relating to the Boss and Hugo licenses and the supply agreement with Kering Eyewear, and we prepared for the launch of our new licenses David Beckham, Levi’s and Missoni. While we move into a complex business and industry context in which we plan for the medium and long term to build top and bottom line, the quarter is indeed a further confirmation of the quality of the work we undertook, both in terms of top line, with our core wholesale1 business improving by 2.8% at constant exchange rates, as well on the economic front, achieving an adjusted2 EBITDA of Euro 9.7 million. We look at the current year as a transition year for building the foundation to face the challenges and opportunities that lie ahead.”

Safilo closed the first 9 months of 2019 with the net sales of the Continuing Operations at €708.7 million, up 5.2% at current exchange rates and 2.7% at constant exchange rates. The performance was positively influenced by a 3.2% growth of the European market, and by the recovery of the main emerging markets, particularly significant in Asia Pacific which ended up 22.5%. Turnover was down 2.0% at constant exchange rates in North America.

The wholesale business increased by 6.4% at current exchange rates and by 3.7% at constant exchange rates, with Europe up 5.6%.

The North American business, on the other hand, recorded a 7.7% drop at constant exchange rates, mainly reflecting the consolidation of all the North American logistic activities in the new Denver warehouse, a start-up temporarily affecting the performance of Smith sport products.

The quarterly performance also confirmed the good growth of the Carrera and Polaroid brands and the positive trends of the main licensed brands.

Click HERE for the full press release.

November 12, 2019May 20, 2026

Bash: To Support Women at Any Moment

On trend for Fall/Winter 2019, Bash eyewear introduces an oversized geometric shape. Glossy gold-plated metal whose angles are highlighted by a delicate coloured line, adding dimension for those who seek a frame style that follows the latest fashion trends.

The temples are co-ordinates in an acetate wrap whose texture adds pattern to the overall design.
Photo: BA1023 NODO

Distributed by Lanctôt: www.rlanctot.com

November 12, 2019November 12, 2019

New Look Vision Reports Solid Q3 Results

New Look Vision Group reported financial results for the period ended September 28, 2019 (“Q3 2019”).

Q3 2019 Financial and Operational Highlights

• Revenues increased by 2.1% over last year to $74.4 million.

• Comparable store sales orders were up by 1.6% compared to the third quarter of last year, marking the 21st consecutive quarter of comparable store sales growth.

• Adjusted EBITDA attributed to shareholders reached $14.4 million, an increase of 3.3% over last year and 3.4% on a per diluted share basis to $0.92.

• Net earnings attributed to shareholders remained flat at $0.31 on a per diluted share basis.

• Adjusted net earnings attributed to shareholders increased to $6.9 million and on a per diluted share reached $0.44, an increase of 4.8% over the same quarter last year. The increase was driven by improved EBITDA.

• Cash flows related to operating activities reached $13.5 million, an increase of 42.3% over last year and increased 41.0% on a per diluted share basis to $0.86.

• The long-term debt was reduced by $5.1 million in the third quarter of 2019 through voluntary and contractual repayments, improving the net debt to adjusted EBITDA attributed to shareholders ratio to 2.56, compared to 2.88 in the same period last year.

• The quarterly dividend payment to shareholders of $0.15 per share was maintained.

Year-to-date Financial and Operating Results

• Year-to-date revenues and adjusted EBITDA attributed to shareholders reached a record $223.9 million and $41.6 million respectively, which represent increases of 1.8% and 2.1% respectively over last year. Comparable store sales orders year-to-date were up 1.9% over last year.

• The increase in the number of stores year-to-date reflects the acquisition of ten stores net of five scheduled store closures.

• Net earnings attributed to shareholders were $13.7 million or $0.88 per diluted share, compared to $11.1 million last year or $0.71 per diluted share.

• Adjusted net earnings attributed to shareholders increased to $18.2 million, $0.6 million over last year. Adjusted net earnings attributed to shareholders(a) reached $1.17 per diluted share, up 3.5% from $1.13 in 2018.

• Cash flows related to operating activities reached $36.3 million, an increase of 32.5% over last year and increased 32.6% on a per diluted share basis to $2.32.

President & CEO’s comments

Antoine Amiel, the President and CEO of New Look Vision, stated that: “The second half of the year is off to a solid start, as New Look Vision delivered its 21st consecutive quarter of comparable store sales growth, improved earnings and healthy cash flows. We continue to focus on achieving operational synergies and to explore profitable growth opportunities in the consolidating Canadian retail optical sector”.

Click HERE for the full press release.

Focus on Contact Lenses at opti Munich

BMW Enters in the Marcolin Group Brand Portfolio

Safilo Group: Q3 and First 9 Months of 2019 Trading Update

Bash: To Support Women at Any Moment

New Look Vision Reports Solid Q3 Results

Featured Posts

Don’t Let “The Blur” Stand in the Way of Children’s Learning

Children: The Hidden Treasure of Practice Building

Eye on the Industry Episode 13: Dr. Brianna Rhue on AI, Innovation and Thinking Like an Owner

Oakley and Justin Jefferson Add a New Chapter to the Signature Series

BostonSight and LV Prasad Eye Institute Announce Study on the Effect of PROSE and Scleral Lenses on Mental Health

Don’t Let “The Blur” Stand in the Way of Children’s Learning

Children: The Hidden Treasure of Practice Building

Eye on the Industry Episode 13: Dr. Brianna Rhue on AI, Innovation and Thinking Like an Owner

Oakley and Justin Jefferson Add a New Chapter to the Signature Series

BostonSight and LV Prasad Eye Institute Announce Study on the Effect of PROSE and Scleral Lenses on Mental Health

Don’t Let “The Blur” Stand in the Way of Children’s Learning

Children: The Hidden Treasure of Practice Building

Eye on the Industry Episode 13: Dr. Brianna Rhue on AI, Innovation and Thinking Like an Owner

Oakley and Justin Jefferson Add a New Chapter to the Signature Series

BostonSight and LV Prasad Eye Institute Announce Study on the Effect of PROSE and Scleral Lenses on Mental Health

Don’t Let “The Blur” Stand in the Way of Children’s Learning

Children: The Hidden Treasure of Practice Building

Eye on the Industry Episode 13: Dr. Brianna Rhue on AI, Innovation and Thinking Like an Owner

Oakley and Justin Jefferson Add a New Chapter to the Signature Series

BostonSight and LV Prasad Eye Institute Announce Study on the Effect of PROSE and Scleral Lenses on Mental Health