Luxottica to Grow in Emerging Markets and Will Invest €1B in Retail Over 5 Years

By Staff
Monday, May 04, 2015 1:12 PM MILAN—During a board of directors meeting, Luxottica Group S.p.A. outlined strategic priorities, including growing share in emerging markets, expanding the brand portfolio and strengthening retail and e-commerce.

Valeant Releases Q1 Revenue Showing a 16 Percent Increase

By Staff
Friday, May 01, 2015 12:26 AM LAVAL, Quebec—Valeant Pharmaceuticals, Inc. (NYSE/TSX: VRX) reported its total revenue for the first fiscal quarter ended March 31, 2015 was $2.2 billion, up 16 percent compared to the first quarter of 2014. Net income for Q1 was 74.5 million as compared to a loss of 20.3 million for the same period in 2014.

Luxury Optical Holdings Credit Facility Increased

By Staff
Friday, May 01, 2015 12:23 AM LAS VEGAS—Chicago-based Monroe Capital LLC announced yesterday that it has increased the credit facility to Luxury Optical Holdings (LOH), a group of high-end optical retail shops based here with locations throughout the U.S. LOH’s retail brands include Morgenthal Frederics, Robert Marc, Scene, Davante, Leonard Opticians and others.

Safilo Approves Q1 2015 Financial Results, Appoints New Board Members

By Staff
Wednesday, April 29, 2015 12:23 AM PADUA, Italy—The board of directors of Safilo Group S.p.A. (SFLG.MI) has approved the results of the first quarter of 2015, ended March 31. At the same meeting, the board also appointed its new board of directors.

Essilor Posts 25.4 Percent Revenue Increase in Q1 ’15, Confirms 2015 Outlook

By Staff
Wednesday, April 22, 2015 12:23 AM CHARENTON-LE-PONT, France—Essilor International posted consolidated revenue for the first quarter of 2015 totaling €1,659 million, an increase of 25.4 percent over year ago, or 12.8 percent excluding the currency effect.

Johnson & Johnson’s 1Q Sales Drop 4.1 Percent

By Staff
Wednesday, April 15, 2015 12:23 AM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) announced sales of $17.4 billion for the first quarter of 2015, a decrease of 4.1 percent compared to the first quarter of 2014.

GlassesUSA.com Closes on $12.5 Million to Expand Globally

By Staff
Wednesday, April 01, 2015 12:30 AM TEL-AVIV—Online optical retailer, GlassesUSA.com has closed on $12.5 million in new financing led by Viola Private Equity, a member of the Viola Group. The funding will be used toward accelerating the company’s expansion in the growing global online eyewear market, both business-to-consumer and business-to-business.

New Look Posts Record Revenues for Both 4Q and Year-End

By Staff
Wednesday, March 18, 2015 12:29 AM MONTREAL, Quebec— New Look Eyewear Inc. (BCI.TO), based here, posted record revenues for both the fourth quarter and year ended Dec. 27, 2014.

The Cooper Companies Stockholders Elect Eight Directors

By Staff
Wednesday, March 18, 2015 12:26 AM

Actavis and Allergan Shareholders Approve Proposals Related to Actavis’ Planned Acquisition of Allergan

By Staff
Friday, March 13, 2015 12:20 AM DUBLIN, Ireland & IRVINE, Calif.— Actavis plc (NYSE: ACT) and Allergan, Inc. (NYSE: AGN) announced at a shareholder meetings held this week that all proposals related to Actavis’ planned acquisition of Allergan were approved by both Actavis’ and Allergan’s shareholders.

The Cooper Cos. Reports Increase in Revenues for Q1, Including Gains for CooperVision

By Staff
Friday, March 06, 2015 12:26 AM PLEASANTON, Calif.—The Cooper Companies, Inc. (NYSE:COO) announced financial results for the fiscal first quarter ended Jan. 31, 2015. For the period, overall revenue rose 10 percent to $445.2 million.

Safilo Group Reports Sales and Profit Increase for Year End 2014 Results

By Staff
Friday, March 06, 2015 12:23 AM PADUA, Italy—The board of directors of Safilo Group S.p.A. (SFLG.MI) has approved the company’s consolidated financial results for the fourth quarter and the year ended Dec. 31, 2014.

SPY Inc. Issues Q4 and Year-End 2014 Results

By Staff
Friday, March 06, 2015 12:20 AM CARLSBAD, Calif.— SPY Inc. (OTCBB: XSPY) announced financial results for the year ended Dec. 31, 2014.

North America Helped Drive Record Year for Luxottica in FY 2014

By Staff
Wednesday, March 04, 2015 12:25 AM MILAN— Luxottica Group (NYSE: LUX) reported record net sales and profits for fiscal year ending Dec. 31, 2014.

Nikon Agrees to Buy Optos for $400 Million Cash

By Staff
Friday, February 27, 2015 9:05 AM NEW YORK— Nikon (T:7731) has agreed to buy Optos (L:OPTS), the British retinal imaging company for £259.3 million, or $400 million in cash.
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