Category Archives: Industry News

Safilo renews the Licensing Agreement for Banana Republic

Safilo renews the Licensing Agreement for Banana Republic

banana-republic-logo

Padua, February 5, 2013  – Safilo Group, worldwide leader in the premium eyewear sector, and Banana Republic, the global accessible luxury brand that delivers modern, covetable workplace style, announce the renewal of the licensing agreement through January, 31, 2019 for the design, manufacturing and distribution of optical frames and sunglass collections.

The multi-year agreement strengthens a partnership with Banana Republic, originally forged in 2007, and gives further engine to the development and distribution of one of the most representative brands of elevated design at approachable prices.

Share This

PPG in Discussions with Essilor Regarding Transitions Optical Joint Venture

PPG in Discussions with Essilor Regarding Transitions Optical Joint Venture


ppgPittsburgh – (Business wire) – Jan. 14, 2013
– PPG Industries, Inc. (“PPG”) is currently in discussions with Essilor International (“Essilor”) relating to the future of PPG’s and Essilor’s joint venture, Transitions Optical, a leading provider of photochromic lenses to optical manufacturers worldwide and a consolidated subsidiary of PPG. PPG is the majority shareholder in Transitions Optical, which was formed in 1990, holding a 51 percent interest in the joint venture companies. Essilor holds the remaining 49 percent interest and is also the largest customer of Transitions Optical. Transitions Optical accounted for a substantial portion of the sales and earnings of PPG’s Optical and Specialty Materials reportable segment in 2012. PPG and Essilor have worked together as business partners for more than 22 years in connection with Transitions Optical. PPG believes that both PPG and Essilor have been important contributors to the success that the Transitions Optical business has achieved.

PPG cannot predict the outcome of the discussions with Essilor with respect to the future of Transitions Optical; however, PPG believes that possible outcomes may include (1) a modification of the current joint venture structure, (2) a sale of all or a portion of PPG’s interests in Transitions Optical to Essilor, or (3) a sale of all or a portion of Essilor’s interests in Transitions Optical to PPG. These outcomes may result from a negotiated transaction or from the exercise of contractual rights that exist between the parties. Under certain circumstances, which PPG does not believe have yet occurred, either PPG or Essilor may have the right to specify a price at which the other party could elect to sell its interests or buy the first party’s interests in one or more of the Transitions Optical joint venture companies.

PPG also cannot predict the timing of the completion of its discussions with Essilor but expects that these discussions are likely to continue over the next several months. There is also no assurance that the parties’ discussions will result in any of the possible outcomes set forth above. While the discussions between PPG and Essilor continue, Transitions Optical intends to continue to operate its business without interruption or change in customer service. As previously announced, Transitions Optical is on schedule in expanding its new technology platforms through major new product introductions globally.

PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Sales in 2012 were $15.2 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com.

Share This

Menrad launches its B2B webshop

Menrad launches its B2B webshop

The new B2B Webshop from Menrad is Online

Screenshot2Effective immediately, all MENRAD customers can order ophthalmic frames and sunglasses online. The company‘s new B2B webshop is clearly laid out, designed to “look & feel” good and allows 24/7 ordering. The quick-search modus by model number and comprehensive filter functions across all brands are helpful tools to find the right frame. The entire range of colours of each frame is on full display and red/green buttons immediately signal whether a frame is available or not. Navigation through the webshop is simple and easy to understand for everyone.

To enable the optician to show his customer further available colours directly on the monitor prices are displayed only once the purchase has been moved into the shopping basket. As an option, buyer and customer may also be named in the shopping basket. The shop is accessible through the “opticians” button on the MENRAD the vision website. Opticians may obtain their access code under http://www.menrad.de/en/for-opticians/

Share This

‘The Power Hour’ to be broadcast live from International Vision Expo East

‘The Power Hour’ to be broadcast live from International Vision Expo East

International Vision Expo & Conference has announced that Gary Gerber,
OD, Chief Dream Officer at The Power Practice and host of “The Power
Hour,” will broadcast live from International Vision Expo East (held March
14-17, 2013) on Saturday, March 16 from 2:30 – 3:30 p.m. in the Medical &
Scientific Theater at the Javits Center in New York City. “The Power Hour”
radio shows are sponsored by Essilor of America, Inc. Continue reading

Share This

De Rigo Vision continues to grow with Police

De Rigo Vision continues to grow with Police

derigo

Thursday 28th February 2013 – De Rigo Vision, one of the world’s leading producers and distributors of glasses, is celebrating the thirtieth anniversary of Police, the group’s leading house brand, with brilliant financial figures – in 2012 the Police brand (glasses and licences) generated a total retail revenue of €340 million, increasing by 6% compared to 2011 (an increase of over 60% compared to 2009).

At the same time, Police announced the licence agreement with Moda Fashion, marking the brand’s entry in the fashion apparel sector. Born in the mid 80s as an eyewear brand, Police is an excellence case history in the sector of eyewear, thanks to the perfumes produced with Mavive (from 1997), the watches (from 2003) and jewellery (from 2005) produced with PT Switzerland, as well as the leather items produced with Tavecchi (from 2011).

police_logo_04_1_27

“Signing this new brand extension means the brand has reached a strategic target. Police has been able to evolve in sync with the trends, customs and habits of its public,” commented Michele Aracri, the CEO of the De Rigo Vision Spa. “When we began we were a small firm with 15 employees. Now 1,500 people work for Police and the brand represents more than 30% of the group’s wholesale revenue. With this licence, Police is once again fully expressing its versatility, proving it is a truly all-round brand. It also brings us even closer to our aim – to have all the products of the Police brand in a single, mono-brand concept store.”

The last great event that Police is presenting for the thirtieth anniversary occasion is the Look Beyond Project, a charity project centred on the creation of a photography book and a special edition of glasses to support the “Forgotten Crises” campaign of Doctors Without Borders. The Look Beyond book is made by a great master of Italian photography, Giovanni Gastel, who used a gallery of photographic portraits of stars from the world of performing arts and music, of athletes and artists, to speak of the meaning of ‘looking beyond’ (i.e. going beyond the limitations and filters that often do not allow us to fully understand the reality surrounding us and our inner being).

Michele-Aracri--AD-Gruppo-De-Rigo-HR

The project’s debut will be in Milan during a great event scheduled for 28th February, with the participation of many of the VIPs who joined the project and important brand testimonials from abroad. The event will take place a few days before MIDO, a major international eyewear exhibition.

This news is a frame for the global data of the Group, which ended 2012 with €217 million revenue generated by the wholesale division, recording a 1.4% growth compared to the previous financial year and confirming the positive trend of the past years. The increase in turnover is partly the result of the Group’s internationalisation strategies in which Europe, Asia and the Middle East are rapidly expanding markets, especially for brands in the luxury segment of the company portfolio.

The licensing brands in the portfolio of De Rigo Vision – which account for about 60% of wholesale revenue – are Blumarine, Carolina Herrera, Chopard, Ermenegildo Zegna, Escada, Fila, Furla, Givenchy, Guess, Lanvin, Loewe, Orla Kiely Tous, Victor Hugo, which  add to the brands that are property of the Group (Police, Lozza and Sting). Thanks to an extensive wholesale network managed by De Rigo Vision SpA, the Group’s products are distributed in about 80 countries, especially in Europe, Asia and North and South America, through 13 companies with 18 marketing divisions and more than 100 independent distributors.

De Rigo Group also has a retail division, a sector in which the company rates as one of the most important actors in distribution in the eyewear channel, thanks to the chains it owns, i.e. General Optica (Spain), Mais Optica (Portugal), Opmar Optik (Turkey), and two subsidiary companies, Boots Opticians (UK) and Sewon (Korea).

Share This

New Research and Training Center from Brien Holden Vision Institute to target hundreds of millions of Chinese

New Research and Training Center from Brien Holden Vision Institute to target hundreds of millions of Chinese

BrienHolden

Shanghai, China, 1 March 2013: Myopia (or short-sightedness) affects the vision of around 1.5 billion people globally and by conservative estimates at least 300 million Chinese people. The prevalence among adolescents in China is extremely alarming, with studies in southern China suggesting it could be as high as 78% in 15 year-olds living in urban areas and 54% of 17 year-olds living in rural areas. Continue reading

Share This

G-Star RAW announces Licensing Deal with Marchon Eyewear

G-Star RAW announces Licensing Deal with Marchon Eyewear

Melville, (February 25, 2013) – G-Star RAW today announced a licensing deal with Marchon Eyewear, Inc. The license will grant Marchon the rights to manufacture and distribute eyewear collections under the G-Star brand. The first deliveries will be effective from October 2013.

g-star

G-Star is the modern denim brand. Its philosophy has always been “Just the Product” with a focus on denim craftsmanship and innovation. G-Star originated the concept of 3D denim and established a dedication to raw, untreated denim. The brand’s singular point of view on construction and design also stretches beyond denim, including other wardrobe essentials, footwear, and accessories.

With the expertise of these two specialists coming together, this partnership will bring a new perspective to the eyewear industry, bringing innovative sun and ophthalmic products that represent the raw, industrial G-Star design signature.

Jos van Tilburg, CEO of G-Star, said, “This is a significant day for G-Star. We are excited to start this partnership with Marchon. We are proud that with their expertise and experience we are able to expand the G-Star design philosophy and innovation strategy to eyewear.”

marchonClaudio Gottardi, Marchon President and CEO, said, “The licensing agreement with G-Star marks another proud moment in Marchon’s continuous portfolio expansion. G-Star has a rich heritage and a formidable history. The combination of distinctive construction and quality, high-level craftsmanship aligns with Marchon’s core values. We look forward to continuing and expanding G-Star’s brand equities and presence worldwide.”

Share This

Mandurah to host EYRES Action Sports Games

Mandurah to host EYRES Action Sports Games

ASG_Email_Banner-smallThis year Mandurah will again host the EYRES Action Sports Games and the International Waterski & Wakeboard Federation [IWWF] World Cup for the second year running after proving itself a global event with fierce competition last year.

 

The IWWF World Cup is an annual global series with slalom, short board and big jump combined with wake boarding, barefoot jumping and waterskiing. Over 100,000 visitors turned out to watch the world’s best water sportsmen and women deliver thrills and spills at last year’s World Cup, the first of 4 to be held in Mandurah.

Freddy_Krueger

IWWF President, Kuno Ritschard, said the Federation is delighted to be returning to Mandurah this year. “It’s a wonderful town with perfect conditions for our event so it’s a pleasure to bring our elite waterski and wakeboard athletes to Mandurah.”

More than 150 of the world’s waterskiing and wakeboarding stars from 24 countries will make their way to Western Australia to contest the world title and their share of the $300,000 prize pool up for grabs.

ASG_Boat_Wake

Australian wakeboarding prodigy responsible for taking the sport to another dimension, Harley Clifford, is confirmed to compete and defend his title as 2011 and 2012 IWWF World Wakeboard Champion. Clifford will be a favourite to take hope the title for a third consecutive year after exciting the huge crowds last year with his formidable tricks. The games also coincide with the annual Channel Seven Crab Fest, adding more vibrancy and excitement to the City of Mandurah.

eyres-logoManaging Director of EYRES Optics, Michel Audry said EYRES are proud to sponsor and invest in bringing international and national sport athletes into Western Australia for the second year running. After the success of last year’s EYRES Action Sports Games, we see the value of being involved and supporting the watersport community. The event is a huge tourism drawcard for Western Australia and we are delighted to be involved. We recognize that the Action Sports Games and IWWF World Cup is a thrilling and unique event, and we are honored to take part in promoting a community event that promotes creativity, skill and diversity. Good luck to all participants involved… in particular our EYRES Team Ambassadors!

Tourism Western Australia and the Department of Regional Development and Lands are proud to support the EYRES Action Sports Games Mandurah through the Royalties for Regions – Regional Events Program, which is administrated by Eventscorp.

Share This

Dr Au Eong Kah Guan’s request for medicines, eyedrops, equipment, instruments, old glasses etc for medical mission to Nepal

I will be joining a group of volunteers to Nepal for a charity medical mission from 17 to 24 March 2013 to Nepal.

If you or your company has any medicines (near expiry or new), eyedrops, vitamins, equipment, instruments or old glasses which may be put to good use during the medical mission, please let me know.

Also, if any optometrist, optician or lay volunteer would also like to join in the medical mission trip (about 30-40 people going), please also contact me urgently.

Dr Au Eong Kah Guan

MBBS(S’pore), MMed(Ophth)(S’pore), FRCS(Edin), FRCS(Glasg), DRCOphth(Lond), MRCOphth(Lond), FAMS(Ophth)
Medical Director & Senior Consultant, Singapore International Eye Cataract Retina Centre
Address: Singapore International Eye Cataract Retina Centre, 3 Mount Elizabeth #07-04, Mount Elizabeth Medical Centre, Singapore 228510
Tel: (65) 6887 2020; Fax: (65) 6887 2021; Website: www.eyecataractretina.com; Email: aekg@eyecataractretina.com

Share This

Optitalia Group launches the latest Spring / Summer 2013 Collection by Safilo in Dubai

Optitalia Group launches the latest Spring / Summer 2013 Collection by Safilo in Dubai

IMG_2583

Optitalia Group, a major player in the eyewear sector, presented to the top Gulf optical dealers and members of the press, the latest Spring /Summer 2013 Sunglasses and Frames collections by Safilo.

 

On Friday February 1st, during a special presentation at the Park Hyatt Hotel –Dubai, Optitalia Group guests enjoyed the celebration and the launch of the collections of the best brands in the fashion world such as Dior, Gucci, Jimmy Choo, Boss, Boss Orange, Marc by Marc Jacobs, Tommy Hilfiger, Alexander McQueen, Bottega Veneta, Pierre Cardin, Oxydo and the very hot Carrera sunglasses.

 

IMG_2670

The guests enjoyed the Arabic theme night with belly dancers and Arabic singer who entertained the crowd while the latest trend evolution in the eyewear sector was revealed.

Share This

‘Vision Delhi’ Eye Care Project’s Second Phase launched in East Delhi

‘Vision Delhi’ Eye Care Project’s Second Phase launched in East Delhi

Sightsavers in association with Dr RP Center for Ophthalmic Sciences, AIIMS, New Delhi has jointly launched the second phase of the Vision Delhi programme in East Delhi’s Trilokpuri locality on 19th February, 2013. Sightsavers is an international development organization working in the realm of eye care.

dr-caroline-harper-ceo-sightsavers-at-vision-delhi-inauguration-19-feb-2013Marking the launch of the programme in East Delhi, Ms Sujaya Krishnan, Joint Secretary and Head of National Program for Control of Blindness, Ministry of Health, Government of India, inaugurated the Primary Eye Care Centre (PEC) at the AIIMS Rotary Eye Hospital in the area.

Speaking on the occasion, Ms Krishnan called for greater convergence of initiatives in accelerating the eye care programmes meant for different sections of the urban population. The first phase of the project had a successful launch in South Delhi last year.

‘‘ aims to reach one million people from various slum clusters of East and West Delhi through 5 PEC clinics that will work on a daily basis. It is hoped that by the end of the project, about 90,000 people will be screened for any eye health related issues, of which nearly 60,000 people will be refracted. This project aims to extend quality cataract surgeries to 4500 people above the age of 40 in a period of 3 years.

Speaking on the occasion, Elizabeth Kurian, CEO, Sightsavers India, said, “By virtue of partnering with RPC, which is the apex body at the national level, we have ensured that the project elements are sustained beyond the project life and scaling up of such interventions in other cities where similar needs exist.”

Share This