Eyewear Intelligence

Hong Kong-based Icare to open eyewear factory in France Icare, the eyewear manufacturer based in Hong Kong, is investing over €5 million in the building of a new eyewear factory in France, which will complement its industrial structure that currently includes production sites in China and Cambodia. The new facility will be established in Vendôme, a small city in ... - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/gH9BhrnT

Inspecs topline down 5 % in H1, rebound expected in H2 Confirming its previous guidance on a business slowdown in the first half of this year, INSPECS Group has announced that its H1 revenue declined by 7.3 percent year-on-year to £103.0 million (€122m). At constant exchange rates, sales were down by 5.2 percent versus H1 2023. - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/dftAr9pW

SILMO’s FUTUROLOGY to present latest technology overview at upcoming Paris eyewear show SILMO Paris, which will be held from Sept. 20 to 23, has confirmed that this year’s edition of the show will welcome over 900 exhibitors representing 1,500 brands over 75,000 square meters at the usual fairgrounds in the north of the French capital city. As reported in our previous article, ... - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/d9NxYshZ

Rodenstock to repurpose main German site as engineering center and transfer lens production to Czech plant German-based lens maker has announced the transfer of its lens production from its German site in Bergen to its plant in the Czech Republic in the coming months. Bergen will be repurposed as engineering and R&D center and its workforce will be halved in the process. - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/dGa9dDrC

Specsavers profitability keeps declining Recently published official filings by Specsavers Optical Superstores Limited show that the group’s net income pre-tax profit declined by 1.2 percent year-on-year to £324 million (€384m) in its fiscal year ended Feb. 29, 2024, despite a double-digit increase in total sales to £3,599 million (€4,268m). Earlier this summer, Specsavers had ... - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/dkkqnnjw

Innovation, digitization, sustainability and selective retail on 60 year-old Silhouette’s agenda Silhouette celebrates its 60th company anniversary with product innovations while focusing on qualitative retail distribution, digitization, sustainability and independence. - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/dS58wp6w

Conant H1 sales jump 18%, plans new production plant in Thailand The Chinese lens manufacturer has also reported profitability improvement in the period thanks to positive sales mix effects with a higher share of high added-value lenses. - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/dcZfV4nm

US business propels Fielmann topline over €1bn in H1 while price mix effects bolster margin gains Driven by its US acquisitions and price-mix improvements, Fielmann Group has reported a double-digit revenue increase and significant margin improvements in H1 2024. - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/dPATwKAA

CooperVision upgrades FY outlook again as topline momentum continues CooperCompanies has upgraded its fiscal 2024 financial outlook for its CooperVision business unit following a second consecutive quarter of double-digit organic revenue growth. - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/d4pyxmSA

Synsam posts record earnings in Q2 Nordics optical retail leader group Synsam has posted record earnings on a return to double-digit revenue growth for Q2 2024, driven by fast-growing eyeglasses and contact lenses’ subscriptions. - #eyewearbusiness #eyewear #eyebiz #eyewearintelligence https://lnkd.in/g9x-ZmdZ