Blog - Page 663 of 903

February 3, 2017April 24, 2018

Opti Munich 2017 Gets Top Marks from Visitors

opti 2017 offered its 27,500 national and international trade visitors and 557 exhibitors from 35 countries many new experiences. In return, opti received top reviews from 95% of surveyed visitors – an evaluation that was reflected in the relaxed and happy atmosphere in the four trade show halls. According to first projections – which do not include the trade show’s follow-up business – the trade show visitors ordered products with a value of €163 million for the first quarter.

opti 2017 placed a focus on the connection from pre-measurement to refraction, on consultancy software, on ordering glasses, and on grinding the lenses. 86% of the visitors were happy about this year’s thematic focus “OPTIC 4.0 – Digital Solutions”, since they classified digitalization as “very important” for the industry.

More than 30 companies presented new developments in the areas of phoropters, keratoscopes, fundus cameras, or industry software.

The next opti will take place from Friday, January 12 to Sunday, January 14, 2018, in Munich. In addition to the traditional four trade show halls C1 to C4, Hall B4 will also be used.

Source: http://www.opti.de/en/presse/press-releases/press-release/?no_cache=1&tx_ttnews%5Btt_news%5D=38

February 2, 2017April 24, 2018

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

February 2, 2017April 24, 2018

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.

February 2, 2017April 24, 2018

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.