Marcolin SpA and Ginko Group have initiated a joint venture a joint venture. The partners anticipate that the deal will improve their presence in mainland China, including the distribution of Marcolin eyewear. GINLIN Optical Shanghai Ltd. Co., the name of the new joint venture, will be based in Shanghai and owned on a 50/50 basis by Marcolin and the Ginko Group. In 2013, Marcolin sold about 13.4 million eyeglasses with more than 1350 models. The 5000-employee Ginko Group had a “turnover” amounting to $500 million and market capitalization of $2 billion. Read more.