Our Aspex rep told us this rumor . Has anyone else heard this ?
Our Aspex rep told us this rumor . Has anyone else heard this ?
Although its always possible, it seems unlikely, since Safilo refinanced their debt they are on more solid footing. If it happened, it would have happened last year when Saflilo was in trouble and VSP could have just purchased their debt fairly cheaply. It would have given them tremendous leverage to negotiate a capital stake.Originally Posted by rdcoach5
I see VSP buying more frame lines, but I guess if they do it will be smaller ones they can fold into their existing infastructure. But VSP's focus has been to expand their lab business and the existing frame business lately, buying Safilo would dilute that considerably.
SAFILO
In the new Board, which is still composed by seven members, in accordance with article 14 of the Company Articles of Association, the position of Chairman of the Board of Directors is to be held by Melchert Frans Groot, first candidate of the majority list jointly presented by the shareholder Multibrands Italy B.V. (company controlled by HAL Holding N.V.), owner of a total of n. 423,115,679 ordinary shares of the Company, equal to 37.23% of the share capital and by the shareholder Roberto Vedovotto, owner of a total of n. 4,800,000 ordinary shares of the Company, equal to 0.42% of the share capital.
http://www.safilo.com/en/PR_2010-03-...d-its-chairman
HAL Holding N.V. is an international investment company based in Curaçao. All shares of HAL Holding are held by HAL Trust and form the Trust's entire assets. HAL Trust's shares are quoted on the Amsterdam Stock Exchange (Ticker symbol: HAL NA).
partially true, but not at the top of the focus list for them this year.
Aspex rep
+1!!!
The beginning of their name says it all to me!
Ya, the rep rumor rolled me over too... (sometimes they're right though!) And Marchon frame line definitely needs help, its been moving in the wrong direction for a while now. (IMHO)
Yeah, but they have Nine West now. The profits will start rolling in!
So race, what is VSP's focus this year...
Visit the booth at VEE and report back what you think.
No way. VSP may have the dollars, but the messiness of buying a global company? Don't see it.
Did TJMax sell them the line? (Or was it Marshalls?)
Ophthalmic Optician, Society to Advance Opticianry
Safilo's new Nine West is GOR. GEOUS. An instant top seller in my practice.
I'm Andrew Hamm and I approve this message.
They got a nice plug in Vmail this morning. Their price point makes them an easy top seller. Maybe at the expense of your other lines! They are pretty nice though, always have been a great young ladies line for us.
Sorry, not Safilo's. Marchon's Nine West. Used to be Safilo, now Marchon.
I'm Andrew Hamm and I approve this message.
Yes! Which means that the guy in the factory in China has to put the Marchon demo lenses in, and change the heat press to the Marchon logo.
Really....there's no difference. They're all coming from the same place. The main thing that buyers should be concerned with is whether or not the rep is going to spring for the cream filled donuts, or the cheap glazed ones. In the end, THAT's really what you're paying for.
Ophthalmic Optician, Society to Advance Opticianry
What!!? I did not know they came with cream fille donuts. Are we talking Long Johns?
I'm talking about all the sizes!
Ophthalmic Optician, Society to Advance Opticianry
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