New Look Vision Group Inc. Announces Search for New Chief Financial Officer

By Staff
Wednesday, May 24, 2017 12:24 AM MONTRÉAL—New Look Vision Group Inc. announced late last week that it has begun a search for a new chief financial officer.

Eyemart Express and New York Eye to Donate Frames to Veterans and Active Military Members

By Staff
Wednesday, May 24, 2017 12:18 AM DALLAS—Eyemart Express, which ranked No. 10 on this year’s Vision Monday Top 50 U.S. Optical Retailers’ list, will honor and aid veterans, active-duty military members and their dependents this Memorial Day with free eyeglass frames and a 20 percent discount on purchases, the retailer announced.

Warby Parker Rolls Out Mobile Refraction Service

By Staff
Tuesday, May 23, 2017 2:15 PM NEW YORK—Warby Parker is stepping into the controversial field of online vision testing with the launch of a mobile refraction service that lets current customers measure their visual acuity using an app.

FYidoctors Appoints Bruce Bowser to its Board of Directors

By Staff
Monday, May 22, 2017 12:18 AM CALGARY—FYidoctors, one of Canada’s largest and fastest-growing eyecare companies, has appointed Bruce Bowser to its board of directors. Bowser is “a transformational leader with extensive experience in both private and public companies,” FYidoctors said in an announcement last week.

New Look Vision Group Reports Record Revenues as Company Adds 20 New Locations

By Staff
Friday, May 19, 2017 12:23 AM MONTREAL—New Look Vision Group Inc. (TSX:BCI) reported record revenues of $51 million and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $7.9 million in its first quarter, representing increases of 14.5 percent and 8.3 percent, respectively, compared with the year-ago period.

[Partner Post] Spring Chic With Trina Turk

By Staff
Thursday, May 18, 2017 12:35 AM Inspired by the Golden State's multicultural mix, creativity, craftsmanship, architecture and landscape—a synergy that permeates her contemporary, colorful aesthetic. Infused with bold signature prints and dynamic hues unique to each collection, Trina's modern and optimistic outlook meld the best of classic American design with a California confidence, incorporating beautiful fabrications and impeccable quality for the effortless and carefree glamour.

Consolidation Reshapes VM’s Top 50 U.S. Retailers; Vision Source Emerges in Top Spot

By Staff
Monday, May 15, 2017 12:24 AM NEW YORK—Consolidations and the involvement of private equity investments which are spurring acquisitions of independent and regional retail/practice groups are reshaping the U.S. optical industry.

District Court Rules in Favor of Snap Inc. in Trademark Lawsuit Filed by Eyebobs

By Staff
Monday, May 15, 2017 12:21 AM MINNEAPOLIS—Snap Inc.  has prevailed in U.S. District Court here in a trademark infringement lawsuit and request for injunction that were tied to a lawsuit initially filed late last year by Eyebobs LLC.

A Steady Acquisition Pace Creates a Multi-State Medical Eyecare Model

By Marge Axelrad
Monday, May 15, 2017 12:00 AM BALLWIN, Mo.—A sustained pace of acquisition and integration has created a new Top 10 U.S. Optical Retailer on this year’s signature Vision Monday report—EyeCare Partners LLC.

Essilor Shareholders Approve the Combination Between Essilor and Luxottica

By Staff
Friday, May 12, 2017 12:27 AM CHARENTON-LE-PONT, France—In a vote that marks another step towards the formal combination between Essilor (Euronext Paris: EI) and Luxottica (NYSE:LUX), shareholders of Essilor conveyed “strong support” for the merger at Essilor’s Special Meeting and Combined General Meeting held yesterday at the Maison de la Mutualité.

Watch for VM’s Signature Top 50 U.S. Optical Retailers Report on Monday

By Staff
Friday, May 12, 2017 12:24 AM NEW YORK—It was a busy year in 2016 across the U.S. optical industry. On top of a continuing run of acquisitions and consolidation, the year was marked by a broader penetration of new technologies that are reshaping the business, a more finicky and value-focused consumer, and mounting challenges for mall-based retailers, to name just a few of last year’s key challenges.

Vision Source Executives Highlight Successes of New Initiatives at 2017 Exchange Conference

By Staff
Friday, May 5, 2017 12:24 AM NASHVILLE, Tenn.—A combination of new optical products and programs, top-flight speakers and extensive advance planning helped push Vision Source Exchange conference to a double-digit increase in attendance and a sold-out exhibit floor at the Gaylord Opryland Resort here this week.

GrandVision Announces Launch of CEO Succession Plan for Kiesselbach, Who Will Retire in 2018

By Staff
Wednesday, May 3, 2017 12:27 AM SCHIPHOL, the Netherlands—GrandVision N.V. (EURONEXT: GVNV) one of the largest global eyewear retail groups, announced on May 2 that its current CEO, Theo Kiesselbach, plans to retire for personal reasons in 2018 after more than 16 years with the company.

LensGen Closes $21 Million Financing Round, Led by Hoya

By Staff
Wednesday, May 3, 2017 12:26 AM IRVINE, Calif.—LensGen, a private company developing Juvene, a modular, fluid-optic accommodating intraocular lens, announced that it has closed a $21 million Series A financing.

GrandVision Reports 1Q 2017 Increase in Earnings and Revenue

By Staff
Wednesday, May 3, 2017 12:23 AM SCHIPOHL, The Netherlands—GrandVision N.V. (EURONEXT: GVNV) reported that its first quarter revenue increased by 5.2 percent to €845 million (€803 million in 1Q 2016) or 6.2 percent at constant exchange rates.
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