Kering Eyewear Reports Sales Growth in 2024 Third Quarter, Kering Group Revenue Sharply Declines

PARIS—Kering Eyewear, part of the global luxury group Kering, reported during the group's quarterly earnings call yesterday revenue of €343 million in the third quarter of 2024, up 4 percent on a year-over-year comparable basis. Overall, revenue from the Kering Eyewear and Corporate segment amounted to €440 million, up 32 percent as reported and up 7 percent on a comparable basis, the company announced. However, Kering Group’s revenue for the third quarter of 2024 was down 15 percent as reported and down 16 percent on a comparable basis to €3.8 billion.

Vision Source Launches ‘Beyond Your Eyes’ Campaign With Emphasis on Overall Patient Health and Long-Term Patient Relationships

KINGWOOD, Texas—Vision Source, a network of independent optometrists, has announced the launch of its “Beyond Your Eyes” campaign, an initiative designed to deliver a comprehensive approach that allows members to integrate advanced technology and foster enduring patient relationships. The campaign seeks to elevate eyecare from a routine service to a fundamental aspect of overall health, according to the announcement. “Exceptional eyecare goes beyond getting a routine eye exam or simply purchasing eyewear,” said Amir Khoshnevis, OD, president and chief medical officer at Vision Source.

Golden Opportunity Award Opens 2024-2025 Application Period to Support Emerging Optometrists

ST. LOUIS—The AOA Foundation, in collaboration with PERC Alliance, has announced the second annual Golden Opportunity Award, an initiative that continues to honor the legacy of the late Dr. David Golden by providing substantial support to emerging optometric professionals. From now through Jan. 15, 2025, applications will be accepted for this distinguished award, which aims to empower up to three optometrists with $50,000 each to help them establish their first independent practice, according to the announcement.

Prevalence of Glaucoma Among U.S. Adults Is Higher Than Previously Estimated, New Study Finds

CHICAGO—A new study titled “Prevalence of Glaucoma Among U.S. Adults in 2022” and published in JAMA Ophthalmology has found that approximately 4.22 million people in the United States have glaucoma (1.62 percent of adults aged 18 and older), and 1.49 million people (0.57 percent of adults aged 18 and older) have vision-affecting glaucoma, with substantial variation in prevalence across demographic subgroups, U.S. states, and counties. Among those aged 40 and older, 2.56 percent have glaucoma and 0.91 percent have vision-affecting glaucoma. Previous estimates of glaucoma prevalence published in 2016 were 2.1 percent of adults aged 40 years and older and did not include estimates for those under 40 years old, or estimates of vision-affecting glaucoma, according to information about the study that was also shared by Prevent Blindness.

EssilorLuxottica Reports 4 Percent Revenue Growth in 2024 Third Quarter, Touts Recent Acquisitions and Anticipated Launch of Nuance Audio

PARIS—EssilorLuxottica held its third quarter/9-month earnings call yesterday, announcing consolidated revenue of €6,437 million for the third quarter of 2024, a year-on-year increase of 4.0 percent at constant exchange rates compared with the same period last year. In the first nine months of 2024, reported revenue was €19,727 million, up 4.9 percent versus the same period of 2023, backed up by what the company identified as positive growth across all channels and regions. According to the company, the third quarter delivered solid top line growth among all regions and channels, although they noted that overall growth was hindered by the volatile market in China and continued weak sunglass sales in the U.S.