Shamir Wins CEBA Award for 2nd Year in A Row

Shamir’s “Keeping Your Attention” Campaign Wins Second Creative Advertising Award San Diego, CA – October 27, 2009 –On October 12th, American Business Media announced the winners of the 14th Annual CEBA (Creative Excellence in Business Advertising) Awards. The CEBA Awards recognize top business-to-business advertising campaigns from 2008 and 2009. From hundreds of entries, 39 finalists […]

Hoya Eyes $1 Billion To Boost Health Business

By Jason Clenfield and Norihiko Kosaka Oct. 27 (Bloomberg) — Hoya Corp., the Japanese lens maker that bought Pentax Corp. for about $1 billion, is prepared to make a similar-sized acquisition to expand its health-care unit. “We will do some M&As,” Chief Operating Officer Hiroshi Hamada said in an interview at the company’s Tokyo headquarters on […]

Essilor Third Quarter Report

CHARENTON-LE-PONT, France, October 22 /PRNewswire/ – Essilor International, the world leader in ophthalmic optics, today announced its consolidated revenue for the nine months ended September 30, 2009. 2009 Consolidated revenue EUR millions 2009 2008 % Change % Change Contribution (9 (9 (reported)* (like- from months) months) for-like) acquisitions Total 2,468.5 2,277.8 +8.4% -0.4% +5.9% Europe […]

Abbott Buys Visiogen For $400 Million

October 21, 2009 (FinancialWire) — Abbott (NYSE: ABT )has completed its acquisition of privately-held eye care company Visiogen for $400 million in cash. The company said that the acquisition would strengthen its vision care business with a next-generation accommodating intraocular lens technology to address presbyopia for cataract patients. Visiogen’s Synchrony accommodating IOL is an artificial […]

Safilo Receives Tender Offer From HAL

Source: Vision Monday PADOVA, Italy—The tender offer launched today by HAL Holding for Sàfilo Group’s (SFL.MI) outstanding high-yield notes—a key component of the multi-pronged recapitalization deal announced last night through which HAL would invest between €240 million and €330 million in Sàfilo—”must” be successful in soliciting at least 60 percent of those notes to save […]

Maui Jim Ends Distribution with Luxottica Retail

LAHAINA, Maui—Maui Jim communicated to its customers’ early last week that “the company has concluded its distribution agreement with all Luxottica-owned retail stores worldwide, effective immediately.” “This is an amicable decision,” said Chris Abbruzzese, Maui Jim’s vice president of marketing. “In recent months, given Luxottica’s long term strategy of vertical integration, it became increasingly clear […]

Marchon Eyewear Opening In Dubai

Marchon Eyewear, one of the largest manufactures and distributors of eyewear and sunglasses, has initiated its operation in the Gulf region by opening Marchon Gulf in Dubai. This strategic move is part of the planned expansion of the company and aims at the strengthening and enhancement of Marchon brand awareness in the region. Representatives of […]