Monday, January 16, 2017 4:15 PM
NEW YORK—Although the news of Essilor’s
planned merger with Luxottica Group
traveled through the world’s financial markets at cyber speed today, VMail
has learned that the complex process of combining the two eyewear industry giants into a behemoth valued at nearly €50 billion will occur gradually over the next three to four years.
Monday, January 16, 2017 12:30 AM
COLORADO SPRINGS, Colo.—At Essilor of America’s
national sales meeting, held here last week, the company’s Independent Distribution Division (IDD) recognized selected independent laboratory partners for outstanding achievements.
Monday, January 16, 2017 12:27 AM
ST. LOUIS—Optometry Cares – The AOA Foundation has announced six recipients of its 2017 scholarships and the recipient of a “one-time Inspiration Award” that was added this year by the family of Dr. Larry J. Alexander.
Monday, January 16, 2017 12:24 AM
MENLO PARK, Calif.—ForSight VISION4, a privately held biotechnology company innovating drug delivery for treatment of retinal diseases, announced that it has been acquired by Roche Holdings Inc.
Monday, January 16, 2017 12:21 AM
NEW YORK—Smart Vision Labs
has formed a partnership with Brille24
, a leading German online optical retailer.
Monday, January 16, 2017 12:18 AM
(NYSE:UNM), a leader in employee benefits, earlier this week said it is entering a new market with the launch of Unum Vision and Unum Dental, a move that was planned as a follow-up to its April 2016 acquisition of the parent company of Starmount Life Insurance Company
and Always Care Benefits, an independent vision and dental benefits provider.
Monday, January 16, 2017 12:15 AM
PARIS and MILAN—Plans for a mega merger of Essilor
[Euronext Paris: EI] and Luxottica
[MTA: LUX; NYSE: LUX], two global giants of the eyewear industry, were announced today by Essilor and Delfin Sarl, the Luxembourg based holding company of the Del Vecchio family, the majority owners of Luxottica.
Monday, January 16, 2017 12:15 AM
FRANKLIN LAKES, N.J.—Gary Gerber, OD, will share strategies about what happens after you hire new staff on the Jan. 18 episode of “Power Hour,” the weekly broadcast hosted by Gerber, founder of The Power Practice.
Sunday, January 15, 2017 8:25 PM
PARIS and MILAN—Two optical giants, Luxottica
(NYSE:LUX) and Essilor
(Reuters: ESSI.PA), have agreed to merge in a mega deal that would reshape the international eyewear industry, according to reports published tonight in the Financial Times, Reuters
and other financial sites. The two companies are expected to announce the proposed merger before the European stock markets open tomorrow.
Friday, January 13, 2017 12:33 AM
NEW YORK—Luxottica Retail, part of the Luxottica Group
(NYSE: LUX) has streamlined its executive retail leadership structure in North America, VMail
Friday, January 13, 2017 12:30 AM
PALM SPRINGS, Fla.—Stanton Optical
and My Eyelab
, two optical retailers owned by Vision Precision Holdings
, are embarking on an ambitious expansion plan for 2017, with an expectation of entering a half dozen new markets and opening new locations at a rate of almost three new units per month, according to a Stanton Optical executive.
Friday, January 13, 2017 12:27 AM
ALEXANDRIA, Va.—The Vision Council
has appointed Mitch Barkley as the new vice president of Trade Shows and Meetings.
Friday, January 13, 2017 12:24 AM
SUNRISE, Fla. and PARIS—Vinyl Factory
is expanding its presence in the U.S. through an exclusive distribution agreement with Mad Vision
Friday, January 13, 2017 12:21 AM
NEW YORK—Following a plan it announced in mid-2016, Warby Parker has opened its first company-owned optical lab, a 34,000-square-foot facility in the Rockland County area of New York State.
Friday, January 13, 2017 12:18 AM
NEW YORK—Early bird registration
for “A-Eye - Artificial Intelligence,” Vision Monday’s 11th annual Global Leadership Summit, ends at 11:59 p.m. ET on Sunday, Jan. 15.