Valeant Pharmaceuticals OKs New $2 Billion Securities Repurchase Program

By Staff
Friday, November 21, 2014 12:26 AM LAVAL, Quebec— Valeant Pharmaceuticals International, Inc. (NYSE: VRX) (TSX: VRX) announced that its board of directors has authorized a new securities repurchase program (the "Securities Repurchase Program").

Charmant USA Names Jean Simone Vice President of Sales

By Staff
Friday, November 21, 2014 12:15 AM MORRIS PLAINS, N.J.— Charmant USA has just named Jean Simone the new vice president of sales. She had been the director of special sales at the company and will report directly to Harry Aida, president of Charmant USA, in her new role.

Frame Works

By Deirdre Carroll
Monday, November 17, 2014 12:10 AM NEW YORK—All eyeglasses are not created equal. Despite what some evening news programs or clever, upstart internet outfits might have the consumer believe. The production steps, materials, details and costs that go into the construction, distribution and marketing of frames, all factor into the price the customer sees and they are as varied and changeable as there are eyewear brands on the market.

What Are the Cost Variables of a Frame?

By Deirde Carroll
Monday, November 17, 2014 12:08 AM

The Anatomy of a Premium Frame

By Deirdre Carroll
Monday, November 17, 2014 12:06 AM The product itself is certainly at the epicenter of cost,” said Hundert from REM. “Just which part costs the most is impossible to say, since every frame is different. Even licensing fees vary considerably from brand to brand, not only including royalties, but costs such as marketing can be significant.”

Safilo Hosts Bloggers Day in Paris

By Staff
Monday, November 17, 2014 12:00 AM PARIS—During Paris Fashion week, Safilo hosted its latest Bloggers Day at its Parisian showroom gathering a community of international bloggers, models, actors and influencers.

Marcolin Sets Sights on 2015

By Staff
Monday, November 10, 2014 12:27 AM NEW YORK— Marcolin USA is completing the final stage of its integration with Viva, since the Viva International Group was acquired from HVHC in December 2013, executives told VMail. As reported, Marcolin USA is investing heavily in the New Jersey offices which will become the company's main distribution center and U.S. headquarters.

Safilo Reports Third Quarter and Year-to-Date 2014 Results

By Staff
Friday, November 07, 2014 12:26 AM PADUA, Italy—The Board of Directors of Safilo Group S.p.A. (SFLG.MI), has approved the results of the third quarter and first nine months of 2014, ended Sept. 30, 2014.

Court Finds Allergan’s Allegations Against Valeant ‘Persuasive’ and Orders ‘Corrective Disclosures’

By Staff
Friday, November 07, 2014 12:24 AM IRVINE, Calif.—In the continuing battle resulting from Valeant Pharmaceuticals International, Inc.’s (NYSE/TSX: VRX) attempted hostile takeover bid of Allergan, Inc., (NYSE: AGN) the U.S. District Court for the Central District of California ruled on Tuesday, Nov. 4, 2014, on Allergan’s federal securities litigation against Valeant, Pershing Square Capital Management, L.P., and its principal, William A. Ackman.

Spy Inc. Reports Q3 and First Nine Months Financial Results for 2014

By Staff
Friday, November 07, 2014 12:23 AM CARLSBAD, Calif.— SPY Inc. (OTCBB: XSPY) has announced the financial results for the third quarter and nine months ended Sept. 30, 2014.

Safilo Names Graehsler New Group CFO

By Staff
Friday, November 07, 2014 12:21 AM PADUA, Italy— Safilo Group (SFLG.MI) has announced the appointment of Gerd Graehsler, currently director of new business development and corporate strategy, as the new group chief financial officer, effective Dec. 1, 2014.

TOMS Completes Sale of 50 Percent Equity Stake to Bain Capital

By Staff
Friday, November 07, 2014 12:15 AM LOS ANGELES— TOMS has completed the sale of a 50 percent equity stake in the company to Bain Capital LLC, a leading private investment firm.

Marcolin SpA and Ginko Group Sign Joint Venture for Chinese Market

By Staff
Wednesday, November 05, 2014 12:24 AM HONG KONG— Marcolin SpA and Ginko Group, a longstanding operator in the Chinese eyewear market, have announced the incorporation of a joint venture for the Chinese market.

Larry Clarke Is Named President and COO of Satisloh AG

By Staff
Friday, October 31, 2014 12:27 AM BAAR, Switzerland— The Satisloh Group has appointed Larry Clarke as president and chief operating officer of Satisloh AG, effective Oct. 1.

Luxottica Board Names New CFO, Officially Confirms Its Two Co-CEOs

By Staff
Friday, October 31, 2014 12:24 AM MILAN, Italy—Against the backdrop of a strong third fiscal quarter, which saw increases in the company’s retail and wholesale division, worldwide and, particularly, in North America, Luxottica Group (NYSE:LUX) said Wednesday that its board of directors, upon the chairman Leonardo Del Vecchio’s recent proposal, entrusted Massimo Vian, on an interim basis, with all executive responsibilities until former P&G exec Adil Mehboob-Khan officially joins Luxottica as co-CEO, markets in January 2015, as reported by VMail.
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