Hoya Vision Care to Acquire Safety Prescription Eyewear Business from 3M

By Staff
Wednesday, December 7, 2016 12:24 AM UITHOORN, The Netherlands—In a move that will provide the company with access to an important new market, Hoya Vision Care, a division of Hoya Corp. (TOKYO:7741) has announced a definitive agreement to acquire the safety prescription eyewear business of 3M (NYSE:MMM).

Vuzix Closes $14.5 Million Common Stock Offering

By Staff
Monday, December 5, 2016 12:26 AM ROCHESTER, N.Y.—Vuzix Corp. (NASDAQ: VUZI) announced the closing of the sale of 2,000,000 shares of its common stock at an offering price of $7.25 per share.

Ad Industry Monitor Asks B+L to Back Off Some Claims for PeroxiClear, But OKs Others

By Staff
Monday, December 5, 2016 12:24 AM NEW YORK—An ad industry trade group that monitors advertising claims has recommended that Bausch + Lomb modify or discontinue certain ad claims about its PeroxiClear Solution.

Smart Glass Maker, Osterhout, Closes $58 Million Funding Round

By Staff
Monday, December 5, 2016 12:23 AM SAN FRANCISCO—Osterhout Design Group (ODG), a top developer and manufacturer of mobile AR/VR smart glasses, closed a $58 million Series A funding round.

Rodenstock to Launch New U.S. Sales Subsidiary in January

By Staff
Wednesday, November 30, 2016 12:27 AM MUNICH, Germany and SHERIDAN, Wyo.—German eyewear manufacturer Rodenstock GmbH, a leading global manufacturer of lenses and eyewear, is entering the U.S. eyewear market in January 2017 with its own sales subsidiary.

Luxottica Group Acquires Remaining Shares of Italy’s Salmoiraghi & Vigano Chain

By Staff
Wednesday, November 30, 2016 12:23 AM MILAN—According to the terms of an agreement signed in 2012 with Fenix Srl (formerly known as Salmoiraghi & Vigano Holding), Luxottica Group S.p.A (NYSE:LUX) said on Friday that it has exercised its option to acquire the remaining 63.2 percent of the shares in the Italian optical retailer.

Alcon to Host Local Multifocal Contact Lens Fitting Event Today in Memphis

By Staff
Monday, November 28, 2016 12:11 AM MEMPHIS—Alcon is hosting a training event today at the Southern College of Optometry in Memphis to help eyecare professionals become more successful in fitting multifocal contact lenses.

Essilor Expands in China, Updates Revenue Projections

By Staff
Wednesday, November 23, 2016 12:30 AM CHARENTON-LE-PONT, France—Essilor announced that it formed a new partnership by taking a 50 percent stake in Photosynthesis Group, a Hong Kong-based company that markets sunglasses and corrective lenses under a range of banners including MJS.

Global Optics Adds Associate Members and Expands Focus with 3PL Services

By Staff
Wednesday, November 23, 2016 12:24 AM GREEN BAY, Wis.—Global Optics Inc., which provides consolidated purchasing and proficient logistical solutions and distribution to independent optical labs, is experiencing somewhat of a renaissance as it repositions itself for the future.

Nanofilm’s Clarity Optical Treatments Boost PEN’s 3Q 2016 Product Sales

By Staff
Wednesday, November 23, 2016 12:23 AM MIAMI—PEN Inc. (OTCQB: PENC), parent company of Nanofilm, reported total revenues were $2.01 million for its third quarter ended Sept. 30, 2016, flat compared with the year-ago period. Gross profit amounted to $631,083, up from $516,449 for the third quarter of 2015.

Alcon Says Research on Smart Contact Lenses Is ‘Progressing Steadily’

By Staff
Monday, November 21, 2016 12:24 AM FORT WORTH, Texas—Despite news reports that Alcon’s smart contact lens research project with Alphabet Inc.’s Verily unit is behind schedule, the company maintains that it is in fact on track, VMail has learned.

Hilco Vision Acquires Jonathan Paul Eyewear

By Staff
Friday, November 18, 2016 12:21 AM PLAINVILLE, Mass.—Hilco Vision announced that it has acquired Jonathan Paul Eyewear, a pioneer of fitover sunwear and creator of the Jonathan Paul Fitover brand.

Allure Eyewear to Distribute Kendall + Kylie Eyewear, Launching Spring 2017

By Staff
Friday, November 18, 2016 12:18 AM NEW YORK—Inspired by the glamorous life of Kendall and Kylie Jenner, a new Kendall + Kylie eyewear collection will debut in 2017, via global distribution from Allure Eyewear, an affiliate of Marchon.

Kenmark Eyewear and Kensie Renew Multi-Year License

By Staff
Wednesday, November 16, 2016 12:27 AM LOUISVILLE, K.Y.—Kenmark has announced the renewal of a license agreement for the development, production and distribution for the Kensie brand.

Safilo Group and The New School’s Parsons School of Design Partner for Fashion Thesis Competition

By Staff
Wednesday, November 16, 2016 12:24 AM NEW YORK—Safilo Group and The New School’s Parsons School of Design have announced the launch of their first installment of the Safilo x Parsons Design Thesis Competition which is a partnership of the up-and-coming designers of the next generation.
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