By Staff
Friday, July 26, 2024 12:24 AM
OCEANSIDE, Calif.—Independent premium eyewear brand
Raen has announced the appointment of Jesse Northcott as the company’s new president and chief executive officer. Northcott brings over 10 years of experience in finance and operations across leading industry brands to Raen, the company said.
By Staff
Friday, July 26, 2024 12:21 AM
LONGARONE—
Marcolin has announced the appointment of Andrea Vincenzo Virgilio as the company’s new group operations director, effective July 15, 2024. In this role, the company stated, Virgilio takes charge of the Group’s manufacturing facilities, research and development, product compliance and supply chain departments.
By Staff
Thursday, July 25, 2024 12:27 AM
PARIS—
Kering Eyewear, part of the global luxury group Kering, has reported revenue of €914 million in the first half of 2024, up 5 percent as reported and up 6 percent on a comparable basis. In the second quarter, Kering Eyewear's sales rose by 3 percent both on a comparable basis and as reported, driven by solid progression of the brands in its portfolio, the Group said. Overall, revenue from the Kering Eyewear and Corporate segment amounted to €1.1 billion for the first half of 2024, mainly attributable to activities of Kering Eyewear and Kering Beauté, the latter including the sales of Creed.
By Staff
Friday, July 19, 2024 12:15 AM
BRISTOL, R.I.—
US Sailing, the national governing body of sailing, announced
Revo as an official partner of both US Sailing and The US Sailing Team. Revo is the 16th addition to US Sailing’s roster of partners in the past 18 months.
By Staff
Thursday, July 18, 2024 12:27 AM
PARIS and DENVER—
EssilorLuxottica, a global leader in the optical industry, and
VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, announced that they entered into a definitive agreement for EssilorLuxottica to acquire the
Supreme brand from VF for $1.5 billion in cash. A New York-city based skate culture brand, Supreme was established in 1994 and has expanded into a global community, with 17 retail stores in the U.S., Asia and Europe, and an e-commerce platform across all regions. It runs a digital-first business.
By Staff
Wednesday, July 17, 2024 12:18 AM
MIAMI—
Avulux, the company behind the lens that blocks harmful light wavelengths linked to migraine attacks, has announced that Brant Southwell has joined the company as chief commercial officer.
By Staff
Tuesday, July 16, 2024 12:24 AM
MARIETTA, Ga.—
McGee Group, a leader in the design and manufacturing of branded eyewear, has announced the appointment of Gina Kwok as marketing director. Kwok joins McGee after a distinguished career at the Savannah College of Art and Design (SCAD) in Atlanta, where she served as associate chair of luxury and brand management and associate chair and professor of fashion marketing and management. Before joining SCAD, Kwok served as vice president of marketing at Boxcraft and vice president of apparel marketing at AmericasMart.
By Staff
Friday, July 5, 2024 12:18 AM
NEW SMYRNA BEACH, Fla.—
Bajío Sunglasses, an independent performance sunwear brand with sustainability at its forefront, is expanding its U.S. sales force with eight new members to help grow the sales of its prescription sunglasses.
By Staff
Tuesday, July 2, 2024 12:18 AM
PARIS—
Silmo 2024 organizers are preparing for this year’s edition, which will feature over 900 exhibitors and 1,500 brands from 144 countries, according to an announcement from show organizers.
By Staff
Monday, July 1, 2024 12:21 AM
LONGARONE, Italy—De Rigo Group S.p.A. announced on Friday changes in its North American leadership. Alessandro Baronti, who has served as president of
De Rigo Rem for the past six and a half years, will leave the organization at the end of July. On July 8, Jeff Fitzhugh will step into the role of president of De Rigo Rem.
By Staff
Monday, July 1, 2024 12:15 AM
PADUA—Safilo S.p.A., a subsidiary of
Safilo Group S.p.A., has announced that, as per the authorization granted by the Shareholders’ Meeting held on April 24, 2024, it has engaged Kepler Cheuvreux, as a qualified third-party broker, to launch the Safilo Group S.p.A. share (the “Shares”) purchase program.
By Staff
Wednesday, June 26, 2024 12:27 AM
OAKBROOK TERRACE, Ill.—
I-Deal Optics, Inc., a Troy, Mich.-based portfolio company of
Main Street Capital Holdings and a marketer and value-added distributor of prescription eyewear and sunwear frames, has been acquired by Nashville-based private equity firm Highland Rim Capital. Terms of the transaction were not disclosed.
Prairie Capital Advisors, which announced the deal late last week, acted as the exclusive financial advisor in this transaction for I-Deal Optics and its shareholders. “In conjunction with a dedicated management team, we have continued to build the strong reputation of I-Deal in the marketplace as a compelling, one-stop-shop value proposition to private practices,” said Ryan Davis, partner at Main Street Capital Holdings.
By Staff
Wednesday, June 26, 2024 12:24 AM
NEW YORK—
Vision Monday's signature annual report on the Top 50 U.S. Optical Retailers was released this week, in
VM's June issue and on
VisionMonday.com. The 2024 report, which examines companies' sales and location counts for the country's leading retailers, including mass merchants and warehouse clubs, is based on calendar year 2023 information and
VM estimates. The collective sales of VM’s Top 50 U.S. Retailers rose 8 percent in 2023 compared with 2022, to reach an estimated $20.1 billion from 16,369 locations, the report shows. The Top 10 retailers accounted for 84.5 percent of overall Top 50 sales.
By Staff
Wednesday, June 26, 2024 12:18 AM
LONDON and NEW YORK—After over a decade at 110 Mercer Street in Manhattan, British eyewear brand
Cutler and Gross has opened a new, larger store at 71 Mercer Street, according to an announcement from the company.
By Staff
Monday, June 24, 2024 12:21 AM
NEW YORK—
Tura, a leading designer, manufacturer and distributor of eyewear, has announced a new collaboration with
Inspecs USA, which is part of Inspecs Group, a high-performing, globally aligned eyewear company.