Friday, April 9, 2021 11:30 AM
PINELLAS PARK, Fla.—Transitions Optical
announced this morning that it is cancelling Transitions Academy 2021, scheduled for June 13 – 16, 2021 in Orlando, Fla. The annual meeting is one of the industry’s most well-recognized educational events, bringing together independent eyecare professionals, national and regional retailers, educators, optical laboratories, managed vision care companies, and other industry professionals from across North America and around the globe. In lieu of Transitions Academy 2021, Transitions Optical said it will continue to connect with and support the optical industry through virtual events like Transitions The Pulse
, which brought together over 10,000 global attendees, and its Innovation Awards, virtual education and customized training events.
Friday, April 9, 2021 12:30 AM
VM releases third Summit Micro Chat, J&J Vision launches global myopia collaboration, national sales decline, Jobson tracker says, Eyemart Express expands to Tennessee, and Jobson issues Wave 21 of ECP Survey all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.
Thursday, April 8, 2021 12:27 AM
JACKSONVILLE, Fla.—Johnson & Johnson Vision
announced Wednesday a global strategic collaboration with contact lens maker Menicon
aimed at creating a portfolio of products and services to manage the progression of myopia in children. "For decades, Johnson & Johnson Vision has invested in research collaborations with academic centers, research institutes and leading global health organizations who share our vision of leading with science to reshape the future of myopia and eye health," said Peter Menziuso, global president, Johnson & Johnson Vision Care.
Wednesday, April 7, 2021 12:33 AM
NEW YORK—Over a holiday weekend during which the U.S. reached a record four million COVID-19 vaccine doses given in 24 hours, according to the CDC
, national optical sales experienced significant declines. Over the course of last week (March 29-April 4), optical service/product categories were down on a national basis by -4 index points for frame units and lens pairs and -5 index points for gross revenue, exams/refractions, and contact lenses, according to the latest Jobson Practice Performance Tracker.
Tuesday, April 6, 2021 12:24 AM
is expanding its national footprint with the opening this week of its first store in Tennessee. The 3,500-square-foot store in Jackson marks the retailer's 230th location across 42 states. The value optical retailer was founded in 1990, and as of last October it is owned jointly by the investment groups Leonard Green & Partners
and FFL Partners, along with the founding Barnes family.
Monday, April 5, 2021 12:30 AM
NEW YORK—After an almost complete shutdown of eyecare practices across the nation in the latter part of March 2020, it’s not unexpected that practices overall performed much better across many of the key office metrics in March 2021. However, in a few key areas—such as patients per day and profitably per patient—March 2021 performance trailed the results of March 2019, the most recent time that ECPs were not dealing with the COVID-19 pandemic.
Friday, April 2, 2021 12:27 AM
video, 'Micro Chats on Macro Trends,' debuts, Zeiss opens tech innovation center, optical sales remain flat, Jobson Tracker says, Retina Consultants of America continues growth, and Prevent Blindness targets April for women's eye health awareness all topped this week’s VMAIL
news feed. Click on the headlines below to catch up on anything you might have missed.
Thursday, April 1, 2021 12:24 AM
announced yesterday that it has completed construction of its new R&D, production, sales and customer service site in the San Francisco Bay area. Bringing together hundreds of Zeiss employees and key functions under one roof represents a major milestone in the company’s international innovation and growth strategy, the company said in a statement. “The new Zeiss Innovation Center
harnesses our technological, research and customer services strengths in one of the world’s premier technology innovation locations,” said Dr. Christian Muller, chief financial officer of the Zeiss Group.
Wednesday, March 31, 2021 12:24 AM
NEW YORK—National optical sales were flat for most service/product categories over the course of last week (March 22-28) when compared with the previous week (March 15-21), except exams/refractions and contact lenses, both of which showed declines, according to Jobson’s Practice Performance Tracker. Exams/refractions were down 1 index point, while contact lenses were down 3 index points. These minor changes in optical sales occurred while COVID-19 cases are on the rise again throughout the country, with a 7 percent increase from the previous week, according to the CDC COVID Data Tracker.
Tuesday, March 30, 2021 12:24 AM
SOUTHLAKE, Texas—Retina Consultants of America
(RCA), a comprehensive physician management services organization, announced that it has added its 10th practice, Carolina Retina Center
of Columbia, S.C., to its group of retina practices. The addition of Carolina Retina Center bolsters RCA’s presence in central South Carolina, as the Columbia practice join forces with RCA’s existing partner practice, Palmetto Retina Center. The terms of the transaction were not disclosed.
Friday, March 26, 2021 1:18 PM
AOA’s Optometry’s Meeting moves to Denver, VM kicks off trends video series, EssilorLuxottica to acquire Walman, Apax Funds to acquire Rodenstock, and Mido postpones exhibition to 2022 all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.
Friday, March 26, 2021 12:27 AM
NEW YORK—Vision Monday
is launching a weekly video series that examines significant trends that are influencing the way healthcare providers and optical retailers are doing business today, while preparing for the “next normal.” The series, which kicks off March 25, is called Micro Chats on Macro Trends
Thursday, March 25, 2021 1:15 PM
CHARENTON-LE-PONT, France, and MINNEAPOLIS, Minn.—EssilorLuxottica
has entered into an agreement to acquire Walman
, the largest independent optical laboratory group in the U.S. The terms of the agreement were not disclosed. Walman, which is employee-owned and operated, has long been a top wholesale distributor of Essilor lenses in the U.S. It has been a leading partner to vision care practices around the country since its founding in 1915. Headquartered in Minneapolis, Minn., the diversified company operates a network of 35 facilities across the U.S., including prescription lens-finishing labs and hubs for optical instruments and other vision care products. It generated approximately $500 million in revenues in 2020, according to EssilorLuxottica and Walman.
Wednesday, March 24, 2021 2:31 PM
MUNICH, Germany—Funds advised by Apax
today announced an agreement to acquire Rodenstock Group
, a leading manufacturer of premium ophthalmic lenses, from Compass Partners
. Financial terms were not disclosed. However, a person familiar with the matter said that the deal values Rodenstock at about €1.5 billion ($1.77 billion), including debt, according to Reuters
, which reported last month that Compass was preparing a sale at this valuation. Founded in 1877, Rodenstock has been a global leader in prescription lenses for over 140 years, with a strong track record of innovative product development and market leading technologies.