Leonardo Del Vecchio Gifts Luxottica’s Italy Employees Shares to Celebrate Birthday

By Staff
Wednesday, May 20, 2015 12:23 AM MILAN—Luxottica Group S.p.A. (MTA: LUX; NYSE: LUX) has announced the gifting of free treasury shares of the company to the group’s employees in Italy in honor of founder and chairman Leonardo Del Vecchio’s 80th birthday.

Acquisitions and Organic Growth Propel VM’s Top 50 to Record $11B in Sales

By Staff
Monday, May 18, 2015 12:27 AM NEW YORK—Vision Monday released its annual ranking of the Top 50 U.S. Optical Retailers today, which cumulatively reached a record $11 billion in sales for calendar year 2014. In addition to good sales performance, the estimates and movements on the VM Top 50 chart also reflect an influx of private equity capital that propelled several leading eyewear and eyecare groups forward.

Top 10 and Mass Merchants Shares Stable

By John Sailer
Monday, May 18, 2015 12:09 AM

Top 50 Methodology

By John Sailer
Monday, May 18, 2015 12:05 AM

Reaching New Heights

By John Sailer
Monday, May 18, 2015 12:04 AM NEW YORK—Vision Monday released its annual ranking of the Top 50 U.S. Optical Retailers, which cumulatively reached a record $11 billion in sales for calendar year 2014. In addition to good sales performance, the estimates and movements on the VM Top 50 chart also reflect an influx of private equity capital that propelled several leading eyewear and eyecare groups forward.

Coastal Contacts Rebrands to ‘Clearly’ in Various Forms Through Its Global E-Commerce Sites

By Staff
Friday, May 15, 2015 12:27 AM VANCOUVER, British Columbia—Online eyewear retailer, Coastal Contacts Inc. announced on Wednesday May 13 that it has rebranded ClearlyContacts.ca to Clearly for the Canadian market, along with additional brand name changes for other global markets including the U.S.

Utah Outlaws Contact Lens Unilateral Pricing Policies Despite Litigation

By Staff
Wednesday, May 13, 2015 12:27 AM SALT LAKE CITY, Utah—The “Contact Lens Consumer Protection Act” (S.B. 169) went into effect in Utah on May 12 after a federal judge refused to side with allegations that the law was unconstitutional.

Luxottica Expands Online Sales in China With JD.com

By Staff
Wednesday, May 13, 2015 12:18 AM BEIJING—JD.com (NASDAQ: JD), one of China's largest online direct sales companies, today announced that it is partnering with Luxottica (NYSE: LUX) to offer a range of its sunglass brands on the site.

MyEyeDr Expands Into Florida Market With Acquisition of The Hour Glass/South East Eye Specialists

By Staff
Monday, May 11, 2015 12:30 PM VIENNA, Va.—MyEyeDr acquired The Hour Glass and South East Eye Specialists with seven locations in Tallahassee and Georgia.

New Stores Boost New Look Eyewear’s 1Q Revenues

By Staff
Friday, May 08, 2015 12:23 AM MONTREAL—Canadian optical retailer New Look Eyewear Inc. (TSX: BCI)  reported record revenues of $41.8 million for the first quarter ended March 28. 2015, an increase of 31.4 percent over the year ago period.

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

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