The Vision Council Notes That U.S.-China Trade Agreement Will Result in Tariff Reductions on Certain Optical Products

By Staff
Friday, January 17, 2020 10:12 AM ALEXANDRIA, Va.—The Vision Council announced Thursday that the U.S. and China have signed a phase one trade deal that requires structural reforms to China’s economic and trade regimes. The agreement also will lead to a modification of a portion of the existing Section 301 China tariffs. This modification is “a point of interest” to association members who import Chinese-origin product, The Vision Council noted. The overall reforms will be seen in the areas of intellectual property, forced technology transfers, financial services, agriculture, and currency and financial exchanges. In addition, China has agreed to purchase substantial quantities of U.S. origin goods and services in the coming years.

Luxottica Wholesale N.A. Invests in Independent Optical Sales Division to Focus on Brands

By Staff
Friday, January 17, 2020 10:09 AM NEW YORK—Luxottica Wholesale N.A. said it is investing in the evolution of its independent optical sales division, which accounts for the largest component of the company’s overall sales force. The independent optical sales division is made up of approximately 300 salespeople who serve ECPs throughout North America with Luxottica’s brands. "These changes will strengthen Luxottica’s consultative approach to ECPs by putting greater focus on brands and customer support," a company spokesperson told VMAIL, adding, "the evolution is designed to empower Luxottica’s talent and rally them together as part of one family. The primary change will be a greater focus on brands."

Staar Surgical Reports 4Q Net Sales Up 25 Percent

By Staff
Friday, January 17, 2020 10:06 AM LAKE FOREST, Calif.—Staar Surgical (NASDAQ: STAA) said yesterday that it expects fourth quarter and fiscal year net sales for the year ended Jan. 3, 2020 to increase approximately 25 percent and 21 percent over the prior year periods, respectively. Total net sales for the fourth quarter and fiscal year are expected to be approximately $38.9 million and $150.2 million, respectively, as compared to the company’s outlook for $37.6 million and $149.0 million most recently provided on Nov. 8, 2019.

Opti 2020 Welcomes 28,000 Visitors, 605 Exhibitors

By Staff
Friday, January 17, 2020 10:03 AM MUNICH, Germany—From Jan. 10 to 12 2020, Munich, Germany was once again a hub for the eyewear and eyecare industries as opti 2020 took place. This year, opti welcomed 28,000 visitors from 93 countries, who came to explore the 605 exhibitors across the show’s six halls. The show featured both industry veterans and brand new companies and designers—including the opti BOXES, which were home to recently launched, up-and-coming brands—and gave a special platform to industry influencers through the Blogger Spectacle program.

Vision Tech Innovations Are Lauded at CES 2020

By Staff
Friday, January 17, 2020 10:00 AM LAS VEGAS—Innovative vision technology is becoming more and more visible every year at CES, the annual mega meeting and trade show which drew more than 180,000 attendees here last week. From the latest mixed reality glasses for gamers to a tiny clip-on device that enables blind people to navigate their surrounds more easily, the full scope of vision tech was on display. Vision tech’s prominence was underscored by the fact that several exhibitors won CES Innovation Awards. One of the biggest winners was Human Capable, which won the CES 2020 Best of Innovation award in the Headphones & Personal Audio category for its Norm smart glasses.

Midwest Vision Partners Announces Partnership With Michigan Eye Institute

By Staff
Friday, January 10, 2020 10:12 AM Midwest Vision Partners teams up with Michigan Eye Institute, OWA announces 2020 award honorees, Essilor to launch major programs in 2020, America’s Best Retail brand expands Prive Revaux partnership, and first speakers announced for VM Summit all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.

Optical Women’s Association Announces 2020 Award Honorees

By Staff
Friday, January 10, 2020 10:09 AM DALLAS—The Optical Women’s Association (OWA) has announced the organization's 2020 OWA Award Honorees. Millicent Knight, OD and senior vice president, customer development group, at Essilor of America, will receive the OWA Pleiades award to recognize her exceptional action in advancing the leadership role of women in the optical industry. Jean Sabre, owner of Uptown Vision, will receive the Pyxis award to honor her as a member of the OWA who actively participates in the organization and contributes to its continuing growth. Sheena Taff, optician and optical writer, also known as Optician About Town, will receive the 2020 Visionary Award, newly created this year to recognize her as an OWA member who demonstrates progressive thinking and actively cultivates the professional development of women.

Essilor to Launch Major Programs and Products in 2020, ‘The Year of Vision’

By Staff
Friday, January 10, 2020 10:06 AM ORLANDO, Fla.—Essilor of America is kicking off 2020, “The Year of Vision,” by launching an array of new programs and products designed to strengthen the company’s relationships with independent eyecare professionals by expanding its premium spectacle lens lines and introducing digital technologies that enhance the patient experience.

America's Best Retail Brand Expands Prive Revaux Partnership to All Locations

By Staff
Friday, January 10, 2020 10:03 AM NEW YORK and DULUTH, Ga.—Prive Revaux, a celebrity-supported eyewear brand that debuted two years ago, will continue its retail expansion and exclusive optical partnership with America's Best Contacts & Eyeglasses.

First Speakers Announced for 'Future of Healthcare: Beyond 2020'

By Staff
Friday, January 10, 2020 10:00 AM NEW YORK—Insights into Walmart's groundbreaking Health Centers initiative. A lightweight, wearable computer that brings together the physical and digital worlds to expand the possibilities for healthcare. Keen observations about where and how major investors are viewing the future of healthcare. These are just three of the highlights to be presented by the first announced speakers at the upcoming Vision Monday Global Leadership Summit, the exclusive live event to be held here March 25 at The Times Center.

AOA Gives Update on Upcoming Changes to Reimbursement Procedures

By Staff
Friday, January 3, 2020 10:12 AM AOA provdes update to reimbursement procedures, early bird registration extended for VM Summit, EssilorLuxottica reports fraudulent activities at Thailand plant, ClearVision expands national sales team, and CooperVision launches scholarship for Best Practices program all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.

Early Bird Registration Extended for VM Global Leadership Summit Event

By Staff
Friday, January 3, 2020 10:09 AM NEW YORK—Special early bird registration has been extended for the upcoming VM Global Leadership Summit, "The Future of Healthcare: Beyond 2020." The exclusive event, which attracts senior industry executives, optical retailers, leading eyecare professionals, suppliers and key opinion leaders from the worldwide optical industry, will be held March 25 at The Times Center here. This year's 14th annual program will illuminate the dynamic changes taking place in the healthcare industry and examine the opportunities for vision care and optical to play a broader, more significant role in it. Thought leaders and influential thinkers will share their visions of healthcare’s future. Attendees will take away actionable ideas and practical strategies that will help them compete in today’s consumer-centric business environment.

EssilorLuxottica Reports Fraudulent Activities at an Essilor Plant in Thailand

By Staff
Friday, January 3, 2020 10:09 AM
CHARENTON-LE-PONT, France—EssilorLuxottica reported on Monday that its subsidiary Essilor International recently discovered fraudulent financial activities in one of its plants in Thailand. Essilor International filed complaints in Thailand and in other jurisdictions and mobilized all available internal and external resources to put an immediate end to these fraudulent activities and implement remedial actions, according to the announcement. The company also noted that it is carrying out “comprehensive investigations and is taking all possible actions to seek to recover the misappropriated funds in order to mitigate the impact on the Group.”

ClearVision Announces Three New Appointments to National Sales Team

By Staff
Friday, January 3, 2020 10:03 AM HAUPPAUGE, New York—ClearVision has announced three new additions to their national sales team. These new appointments are Patti Gertzen, who will now take on the role of national sales recruiting director; Jill Eldridge, now regional sales manager for the South Central U.S.; and Charles Fegreus, who will now take on the role of sales manager for the Midwest region. In a press release the company, which celebrated its 70th anniversary in 2019, said, “With continued expansion in the U.S., these three positions will play an important role in the strategic growth plans slated for 2020 and beyond.”

CooperVision Launches First-Ever Scholarship for Best Practices Program

By Staff
Friday, January 3, 2020 10:00 AM SAN RAMON, Calif.—CooperVision has announced the launch of its first-ever Best Practices Scholarship Program. The scholarship will be offered to outstanding third-year optometry students as an expansion of the company’s annual Best Practices initiative, which recognizes practices that advance the optometry profession through innovation, leadership, and exceptional patient experience. This scholarship will provide recipients with an all-expenses paid trip to the 2020 Best Practices Summit, a three-day event where they will be able to meet and collaborate with the year’s honorees.