HOYA announced sales up 16.9% and profit before tax up 22.9% for the third fiscal quarter 2014 (October –December) compared to the same period last year.

Ophthalmic lenses contributed significantly to the overall result. The Corporation cites increased overseas sales increases and the inclusion SEIKO lenses in the total.

HOYA and SEIKO ophthalmic lenses are reported in Health Care related products of the Life Care division. Health Care related products, which also include contact lens sales through specialty retailer Eye City, account for 45% of total HOYA sales.

HOYA did not highlight specific performance in North America or Canada in their quarterly report.

For the full press release:
http://v4.eir-parts.net/v4Contents/View.aspx?template=ir_material_for_fiscal_ym&sid=13545&code=7741

 

Iraj Kamili has been appointed CEO of De Rigo Vision, USA. In this role, he will strengthen the presence of De Rigo in the North American market.

Kamili, who holds a Master of Business Administration from the University of Connecticut, brings extensive experience in management of international companies, including a previous role in the eyewear industry with Alain Mikli. Kamili will be responsible for coordinating and optimizing all operational activities and strategies.

In addition, the De Rigo group announced in January the signing of a licensing agreement with Zadig et Voltaire covering the design, production and worldwide distribution of sunglasses and ophthalmic frames. The collections will be distributed via the sales network of De Rigo Vision and Zadig & Voltaire shops.

FYidoctors have consolidated five local traditional practices in Sarnia, Ontario into a new fully equipped 5,400 square foot facility. Dr. Alan Ulsifer, CEO and President of FYidoctors says of the merger, “There is a lot of talk of consolidation in the industry of late.  I believe that ‘local’ consolidations of traditional clinics, like the one in Sarnia, are a great opportunity for the future of optometry.”

The practices of Dr. A. Moscone, Dr. E. Stratton, Dr. L. Jubenville, Dr. M. Dawes, Dr. D. Waters, Dr. K Rath, and Tim Fletcher of Distinctive Eyewear, will now operate in a new, branded location.