By Staff
Friday, April 26, 2024 8:05 AM
WCO and CooperVision partner on Myopia Management Navigator; Safilo shareholders approve 2023 financial statements; Kering Eyewear sales grow in Q1; eyewear industry mourns passing of Sergio Luigi Cereda; and registration opens for THE Myopia Meeting Vancouver all topped this week’s
VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.
By Staff
Thursday, April 25, 2024 12:27 AM
PADUA, Italy—
Safilo Group S.p.A. (SFLG.MI) has announced that shareholders have approved the company's 2023 financial statements and the board of directors’ report during their annual meeting yesterday, and viewed consolidated financial statements. In addition, a new board of directors was appointed, and as its first action confirmed that Angelo Trocchia, who has served as chief executive officer since April 2018, would continue in this role. Eugenio Razelli has been named chairman of the board of directors, according to the announcement, and director Jeffrey A. Cole is no longer serving on the board.
By Staff
Wednesday, April 24, 2024 12:30 AM
PARIS—
Kering Eyewear, part of the global luxury group Kering, has reported revenue of €463 million in the first quarter of 2024, up 8 percent on a comparable basis. Overall, revenue from the Kering Eyewear and Corporate segment amounted to €536 million, up 24 percent as reported and up 9 percent on a comparable basis, the company announced. However,
Kering Group’s revenue for the first quarter of 2024 was down 11 percent as reported and down 10 percent on a comparable basis to €4.5 billion, the company reported. The revenue drop includes a negative currency effect of 3 percent and a positive scope effect of 2 percent, resulting from the consolidation of Creed.
By Staff
Tuesday, April 23, 2024 12:25 AM
LOMBARDY, Italy—Sergio Luigi Cereda, influential eyewear designer and industry visionary, passed away on April 18, 2024, following a long illness, his family announced yesterday. Cereda was 88 years old and surrounded by family at his home in Castiglione Olona, Lombardy, Italy, when he passed. He is survived by his wife Ivana, daughters Caterina and Stefania and grandchildren Edoardo, Jordan Nicolo’ and Giada Grazia.
By Staff
Monday, April 22, 2024 12:30 AM
VANCOUVER—Registration has opened for THE Myopia Meeting’s first in-person meeting of the year, scheduled for Vancouver, Canada, on Sunday, June 9, 2024. The live, in-person meeting will feature four hours of COPE-approved CE presented by world-renowned experts in the field. Additionally, periodic clinical reviews will cover the latest diagnostic and monitoring technologies along with the newest treatments to slow the progression of myopia. Break times and lunch will provide peer-to-peer networking opportunities among eyecare professionals who are either starting their myopia management practice or growing an existing one. Registration is available online
here.
By Staff
Friday, April 19, 2024 8:05 AM
EssilorLuxottica reports revenue growth for Q1 2024; ECPs’ gross revenue decreased, Jobson Tracker says; Johnson & Johnson reports Q1 2024 financial results; The Vision Council releases Focused inSights Eyewear Accessories report; and The Vision Council hosts Lab Leadership Forum all topped this week’s
VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.
By Staff
Thursday, April 18, 2024 12:27 AM
NEW YORK—The national average for gross revenue at ECP locations decreased last week, April 8–14, when compared with the previous week at a rate of -4 index points. That places gross revenue at a level 2 index points above where it was at this point in time (Week 15) when compared with last year (2023), 1 point above the same period in 2022, 6 points above 2021, 101 points above 2020 and 15 points above 2019, according to Jobson’s most recent Practice Performance Tracker.
By Staff
Wednesday, April 17, 2024 12:27 AM
NEW BRUNSWICK, N.J.—
Johnson & Johnson (NYSE: JNJ) has announced financial results for the first quarter of 2024, with reported sales growth of 2.3 percent to $21.4 billion, operational growth of 3.9 percent, and adjusted operational growth of 4.0 percent. Sales in the U.S. increased 7.8 percent for the first quarter. “Johnson & Johnson’s solid first quarter performance reflects our sharpened focus and the progress in our portfolio and pipeline,” said Joaquin Duato, chairman and chief executive officer. “Our impact across the full spectrum of health care is unique in our industry, and the milestones achieved this quarter reinforce our position as an innovation powerhouse.”
By Staff
Tuesday, April 16, 2024 12:27 AM
ALEXANDRIA, Va.—
The Vision Council released its latest research report, Focused inSights Eyewear Accessories, providing comprehensive data into American adults' behaviors, preferences and purchasing patterns related to eyewear accessories. The report sheds light on the usage and maintenance habits surrounding various eyewear accessories and underscores the importance of proper care and storage of eyewear products to ensure optimal vision, according to the announcement from The Vision Council. The survey highlights a variety of eyewear accessories, including eyeglasses cases, eyeglass chains/lanyards, microfiber cloths, eyeglasses replacement/sizing nose pads, lens cleaning wipes, lens cleaning solution, contact lens cases, contact lens solution and lubricant eye drops.
By Staff
Monday, April 15, 2024 12:27 AM
ALEXANDRIA, Va.—
The Vision Council hosted the 2024 Lab Leadership Forum on Thursday, April 11 and Friday, April 12, 2024 at the Temecula Creek Inn in Temecula, California. Nearly 100 optical industry executives gathered for the event, providing a platform for education, networking and recognition among optical laboratory professionals. The Lab Leadership Forum, tailored specifically for The Vision Council’s optical laboratory members, offered a comprehensive agenda aimed at fostering professional growth and collaboration among industry peers, according to an announcement from The Vision Council.
By Staff
Monday, April 15, 2024 12:15 AM
NEW YORK—
Vision Monday will be publishing its signature
Annual Top 50 U.S. Optical Retailers Report in its upcoming June print/digital edition this year.
VM's annual
survey will include regional and national retailers for the exclusive report.
By Staff
Friday, April 12, 2024 8:05 AM
CooperVision expands its myopia management team; Virtual Field announces expansion into Canada; ECPs’ gross revenue remained flat, Jobson Tracker says; CooperVision extends partnership with Plastic Bank; and Hoya Vision Care responds to cyberattack all topped this week’s
VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.
By Staff
Thursday, April 11, 2024 12:27 AM
NEW YORK—
Virtual Field, a provider of virtual visual field testing, has announced its expansion into Canada. Virtual Field enables ophthalmologists and optometrists to offer comprehensive, accurate visual field, color vision, and pupillometry exams using a comfortable, patient-friendly headset, according to the company. Virtual Field has received two Medical Device Licenses (MDL) from Health Canada for its VF3 Pro and VF3 Basic products. Both have been classified as Class 2 medical devices, signifying compliance with Canada’s rigorous health and safety standards, and affirming their efficacy.
By Staff
Wednesday, April 10, 2024 12:24 AM
NEW YORK—The national average for gross revenue at ECP locations remained flat last week, April 1–7, when compared with the previous week. That places gross revenue at a level -1 index point below where it was at this point in time (Week 14) when compared with last year (2023), 3 points above the same period in 2022, 10 points above 2021, 103 points above 2020 and 16 points above 2019, according to Jobson’s most recent Practice Performance Tracker.
By Staff
Tuesday, April 9, 2024 12:24 AM
SAN RAMON, Calif.—
CooperVision and
Plastic Bank, a Vancouver, British Columbia-based social impact organization, have renewed their net plastic neutrality partnership through 2026. With the extension, the partnership has expanded to include a vision care program to provide vision screenings and vouchers for complimentary eye exams and glasses for eligible Plastic Bank collection members in Indonesia, who are essential to CooperVision’s net plastic neutral partnership with Plastic Bank, the company announced.