VSP Global and USC Launch Study and Pilot Test of Tech-Enabled Eyewear

By Andrew Karp
Monday, August 22, 2016 12:30 AM RANCHO CORDOVA, Calif.—The University of Southern California (USC) Center for Body Computing (CBC) and VSP Global are launching an academic study and consumer pilot test with the latest version of VSP’s tech-enabled eyewear, Level.

Randolph Engineering Announces Director of Engineering and Design

By Staff
Wednesday, August 17, 2016 12:15 AM RANDOLPH, Mass.—Randolph Engineering has appointed Aaron Panone the new director of Engineering and Design. Panone joins the company following six years of engineering and design collaborations with the company as a contractor.

Essilor to Acquire MyOptique Group, a Leading European Online Optical Retailer

By Staff
Tuesday, August 16, 2016 7:15 AM CHARENTON-LE-PONT, France—Essilor said it has entered into an agreement to acquire MyOptique Group Ltd., a European online prescription glasses, CL and sunwear business.

Chlogan Eyewear Announces Licensing Partnership for Limited Too

By Staff
Friday, August 12, 2016 12:21 AM NEW YORK—Forging a partnership with Bluestar Alliance, Chlogan Eyewear recently signed a multi-year licensing partnership with Bluestar Alliance for the popular children’s brand, Limited Too, incorporating optical and sunwear.

Allergan to Acquire Clinical-Stage Biotech Company, ForSight VISION5

By Staff
Friday, August 12, 2016 12:15 AM DUBLIN, Ireland and MENLO PARK, Calif.—Allergan plc (NYSE: AGN) and ForSight VISION5, a privately held, clinical-stage biotechnology company focused on eyecare, announced they have entered into an agreement under which Allergan will acquire ForSight VISION5.

Essilor of America Acquires US Optical, Second Largest Independent Lab

By Staff
Friday, July 29, 2016 10:35 AM EAST SYRACUSE, N.Y.—Essilor of America announced today that it has acquired a majority stake in US Optical, an East Syracuse, N.Y.-based wholesale optical laboratory with around $35 million in annual revenue.

Luxottica Acquires Key Assets of Exciton, a Lens Technology Company

By Staff
Wednesday, July 27, 2016 12:24 AM DAYTON, Ohio—Luxottica is acquiring key assets of Exciton, a Dayton-based technology company with expertise in the development and integration of high performance dyes into the medical, electronic and optical industries.

Luxottica Posts Modest Gains in First Half and Second Quarter

By Staff
Wednesday, July 27, 2016 12:23 AM MILAN—Luxottica Group S.p.A. (NYSE:LUX) reported modest gains in net sales for the first half and second quarter of 2016, ending June 30, 2016.

Gerard Cottet, an Architect of Essilor’s Growth, Dies at 84

By Staff
Wednesday, July 27, 2016 12:18 AM CHARENTON-LE-PONT, France—Gerard Cottet, a longtime Essilor International executive who was a principal architect of the company’s transformation from a French optical exporting company into a leading global optical supplier, passed away July 17 at age 84.

Luxottica Reports Modest Growth in First Half of 2016

By Staff
Monday, July 25, 2016 3:45 PM MILAN—Luxottica Group S.p.A. (NYSE:LUX) reported today modest gains in net sales and adjusted net income for the first half of 2016 ending June 30.

Feds Query Essilor About Promotional Activity

By Staff
Thursday, July 21, 2016 2:20 PM DALLAS—Essilor of America has been notified by the federal government that it has an interest in “certain promotional activity occurring in the lens industry” and has requested information concerning several of Essilor of America’s promotions.

ED Ellen DeGeneres Launches Eyewear Collection in Partnership With Modo

By Staff
Friday, July 15, 2016 12:21 AM NEW YORK—ED Ellen DeGeneres, the new American lifestyle brand developed by the well-known television host, actress, writer and producer, announced that the company is launching ED eyewear with Modo Eyewear as its partner.

FDA Adds More Companies to ‘Red List’

By Staff
Wednesday, July 13, 2016 12:15 AM ALEXANDRIA, Va.—The Food and Drug Administration (FDA) has updated Import Alert 86-07, its list of foreign manufacturers whose FDA regulated products are to be detained automatically if their products are introduced into the commerce of the U.S.

Technology Crossover Ventures Invests €45M in Eyewear Company Brillen.de to Aid Its International Expansion

By Staff
Monday, July 11, 2016 12:27 AM LONDON and WILDAU, Germany—SuperVista AG, the parent company of Brillen.de a leading multi-channel provider of prescription eyewear in Germany, announced that Technology Crossover Ventures (TCV) has invested €45 million in the company which will enable it to expand its executive team and enter new markets including the U.S. beyond Germany, Austria, Spain and the U.K. where it currently operates.

Marcolin Group and Swiss Watchmaker Omega Announce Partnership

By Staff
Friday, July 8, 2016 12:18 AM LONGARONE, Italy—Marcolin Group S.p.A., leading global eyewear company, and Swiss watchmaker, Omega, have agreed on an exclusive collaboration to create Omega brand sunglasses with the first summer collection becoming available exclusively in Omega boutiques worldwide August 2016.
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