Larry Clarke Is Named President and COO of Satisloh AG

By Staff
Friday, October 31, 2014 12:27 AM BAAR, Switzerland— The Satisloh Group has appointed Larry Clarke as president and chief operating officer of Satisloh AG, effective Oct. 1.

Luxottica Board Names New CFO, Officially Confirms Its Two Co-CEOs

By Staff
Friday, October 31, 2014 12:24 AM MILAN, Italy—Against the backdrop of a strong third fiscal quarter, which saw increases in the company’s retail and wholesale division, worldwide and, particularly, in North America, Luxottica Group (NYSE:LUX) said Wednesday that its board of directors, upon the chairman Leonardo Del Vecchio’s recent proposal, entrusted Massimo Vian, on an interim basis, with all executive responsibilities until former P&G exec Adil Mehboob-Khan officially joins Luxottica as co-CEO, markets in January 2015, as reported by VMail.

Marcolin to Double Production With New Italian Factory

By Staff
Friday, October 31, 2014 12:18 AM LONGARONE, Italy— Marcolin has announced the acquisition of a new 3,500 square meter manufacturing facility in the heart of the eyewear district, based here.

Valeant Prepared to Increase Offer to $200 Per Share as Allergan Continues Fighting Against Hostile Takeover Bid

By Staff
Wednesday, October 29, 2014 12:24 AM LAVAL, Quebec and IRVINE, Calif.— Valeant Pharmaceuticals International, Inc. (NYSE/TSX: VRX) continued its hostile takeover bid of Allergan, Inc. (NYSE: AGN) on Monday, Oct. 27, 2014, by delivering a letter to Allergan’s board of directors.

Novartis Reports Solid Sales Growth in 3Q 2014

By Staff
Wednesday, October 29, 2014 12:23 AM BASEL, Switzerland— Novartis (NVS: NYSE) delivered solid sales growth with strong margin expansion and major innovation in the third quarter ended Sept. 30, 2014.

Allergan Reports Historical Dollar Sales Gains for Q3

By Staff
Wednesday, October 29, 2014 12:14 AM IRVINE, Calif.—With net sales of $1,790.7 million for the third quarter ended Sept. 30, 2014, a 17.2 percent increase over net sales for the third quarter of 2013, Allergan, Inc. (NYSE: AGN) reported its “strongest increase in absolute dollar sales in any quarter in our history,” according to David E.I. Pyott, chairman and CEO, in a statement released by Allergan on Monday, Oct. 27, 2014.

Essilor Acquires Majority Stake in Russian Lens Distributor

By Staff
Monday, October 27, 2014 12:24 AM CHARENTON-LE-PONT, France— Essilor International  reported that it has acquired a majority stake in Company Grand Vision, a distributor of ophthalmic and contact lenses in Russia.

Essilor 3Q ’14 Sales Up 14.5 Percent at Constant Exchange Rates

By Staff
Monday, October 27, 2014 12:23 AM CHARENTON-LE-PONT, France— Essilor International (Reuters: ESSI.PA) announced Friday that consolidated revenue for the third quarter of 2014, ending Sept. 30, climbed to €1,415 million, an increase of 14.5 percent, excluding the currency effect, over third quarter 2013.

Silhouette Names Two New Senior Management Roles for U.S.

By Staff
Friday, October 24, 2014 12:24 AM GREEN ISLAND, N.Y.— Silhouette has named two senior executives for the U.S., Diana Downs has been promoted to key accounts and business development manager, a new position at the company, and Heinz Pichler, has been promoted to national sales manager.

Abbott’s Third Quarter 2014 Results Report Growth in Vision Care Business

By Staff
Friday, October 24, 2014 12:23 AM ABBOTT PARK, Ill.— Abbott (NYSE: ABT) released financial results this week for the third quarter ending Sept. 30, 2014.

Corporate Optometry Reports Meeting Packs in the Audience and Information

By Staff
Monday, October 20, 2014 12:01 AM LAS VEGAS—National and regional optical retailers and other industry executives attended the Alcon-sponsored Corporate Optometry Reports (COR) Meeting, which presented trends impacting today’s optical business in a half-day session on Sept. 17, at the Venetian.

Labapalooza Pays Tribute to Wholesale Labs

By Staff
Monday, October 20, 2014 12:01 AM LAS VEGAS—Labapalooza, a lab industry favorite gathering, took place here Sept. 18 in the Venetian Hotel.

Optical Women’s Association Networking Event at Expo

By Staff
Monday, October 20, 2014 12:01 AM LAS VEGAS—Members and friends of the Optical Women’s Association (OWA) gathered at the annual networking reception and raffle event held Sept. 19 in the Venetian/Palazzo Congress Center.

VM LIVE Event Looks at 'Digitizing the Store'

By Staff
Monday, October 20, 2014 12:01 AM LAS VEGAS—To help make sense of the latest technologies that are changing the patient experience, nearly 200 optical retailers, eyecare professionals and other industry executives attended VM LIVE’s “Digitizing the Store” event here at the start of Vision Expo West last month.

Connecting, Learning, and Buying Marks an Upbeat Show Experience

By Catherine Wolinski
Monday, October 20, 2014 12:00 AM

LAS VEGAS—Whether exhibiting, shopping for products or looking for technologies to upgrade optical practices, the business atmosphere at this year’s Expo was positive, according to comments from attendees and exhibitors.