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Business Updates

Optical Women’s Association Announces 2022 Award Honorees

By Staff
Monday, January 24, 2022 12:27 AM DALLAS—The Optical Women’s Association (OWA) has announced the group's 2022 OWA annual award honorees. Erinn Morgan, editor-in-chief and editorial director of Eyecare Business magazine, will receive the Pleiades Award, recognizing her exceptional dedication and support in advancing the leadership role of women in the optical industry. Laura Dorris, executive vice president and general manager of strategic sales for HEA+PECAA, is the Pyxis Award honoree, acknowledging nearly a decade of service and commitment to growing the OWA and promoting it throughout the optical industry.

Nicox Reports Fourth Quarter 2021 and Full-Year Revenue Slump

By Staff
Monday, January 24, 2022 12:21 AM SOPHIA ANTIPOLIS, France—Nicox SA (Euronext Paris: FR0013018124, COX), an international ophthalmology company, reported net revenue of €3.5 million for the fourth quarter of 2021 ended Dec. 31, 2021, versus net revenue of €5.8 million for the fourth quarter of 2020.

Taking the Temperature of Optometry as a Profession

By Mark Tosh
Friday, January 21, 2022 8:30 AM NEW YORK—This seems to be the time of the year when “taking the temperature” of various professions and industry sectors is a popular undertaking. It’s especially popular these days because of all the upheaval and displacement in the labor force that observers lay at the feet of the COVID-19 pandemic. Who among us doesn’t want to get a better understanding of what’s going on in our day jobs? For ODs and others working in eyecare practices, three surveys and/or reports have dropped over the past few weeks that shine a light on where ODs stand on a number of topics today. Here’s a brief summary of the key findings.

More than 240 Exhibitors Commit to Vision Expo East 2022, Taking Place In-Person from March 31-April 3 at NYC's Javits Center

By Staff
Thursday, January 20, 2022 12:27 AM ALEXANDRIA, Va.—The organizers of Vision Expo, The Vision Council and RX, announced that more than 240 exhibitors have committed to Vision Expo East. Vision Expo East 2022 will take place from March 31-April 3 at the Jacob Javits Center in New York City. “We are looking forward to hosting a dynamic Show. With more than 240 exhibitors already committed and more than 75 additional exhibitors expected to join, representing a diverse range of companies across the vision care landscape, the momentum is strong and reflects industry-wide excitement to be back in-person in New York City for the first time since 2019,” said Mitch Barkley, vice president of Trade Shows and Events at The Vision Council.

UnitedHealthcare Enhances Eyecare Program by Helping Reduce People’s Exposure to Blue Light

By Staff
Tuesday, January 18, 2022 12:21 AM MINNETONKA, Minn.—UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, said it will invest in new ways to help children and adults across the country reduce their exposure to blue light and support their overall eye health, amid ongoing use of screens during COVID-19 and the greater reliance on remote school and work.

Staar Surgical Posts Preliminary Fourth Quarter Net Sales of Approximately $59 Million

By Staff
Friday, January 14, 2022 12:21 AM LAKE FOREST, Calif.—Staar Surgical Company (NASDAQ: STAA) posted preliminary results for the fourth quarter and fiscal year ended Dec. 31, 2021.

Despite Difficult Supply Chain, Kits Says it Delivered a Record Number of Eyeglass Orders in 2021

By Staff
Friday, January 14, 2022 12:18 AM VANCOUVER—Kits Eyecare Ltd. (TSX: KITS), a vertically integrated, digital eyecare platform based here, said this week that in last year’s fourth quarter it delivered 50,000 eyeglasses to patients, and 156,000 total eyecare orders to patients.

Business Outside Is Launched as New Executive Leadership and Business Facilitation Resource

By Staff
Thursday, January 13, 2022 12:18 AM BOULDER, Colo.—A new venture, Business Outside, is being launched by Bart Foster,  president and CEO, with a goal of "becoming the standard for leadership and business facilitation for the future of work, which will be hybrid and remote workforces that crave flexibility, but who still need the connection and culture of in-person interactions." BusinessOutside motivates people to get outside—literally and figuratively—outside in the great outdoors, and outside outdated corporate norms. “Teams are stuck ‘inside’—inside video calls, inside their corporate hierarchy, inside a mountain of email and meetings, and inside their self-imposed limitations on what’s possible,” said  Foster, founder of BusinessOutside.

Opticians Association of America Postpones the OAA State Leadership Conference to June Due to COVID Disruptions

By Staff
Wednesday, January 12, 2022 8:30 AM LAKELAND, Tenn.—The Opticians Association of America (OAA) said it has made “the difficult decision to postpone its upcoming OAA State Leadership Conference,” which was scheduled for Feb. 10-12 in Lake Buena Vista, Fla. The new dates are June 2–4, 2022. The association cited “the ever-evolving COVID-19 pandemic, disruptions to domestic travel, onsite safety precautions, and hotel staff shortages,” as among the factors leading to its decision to postpone the meeting. OAA said it has already secured the new dates with its current hotel, the Wyndham Lake Buena Vista Disney Springs Resort Area.

Mido 2022 Will Take Place From Saturday, April 30 to Monday, May 2

By Staff
Wednesday, January 12, 2022 12:02 AM Mido 2022 goes back to the origins, taking place from Saturday, April 30 to Monday, May 2 in Milano Rho Fiera. The decision to move the show was driven by the will to ensure exhibitors and visitors the best business conditions, even in this global pandemic situation.

As Omicron Bears Down on Retailers, Landlords Get Creative to Fill Space

By Staff
Tuesday, January 11, 2022 12:04 AM For many years, it was, ‘Either you sign a 10-year lease or we have nothing to talk about.’ Everyone has to be more adaptable.

Dubai Fair VisionPlus EXPO Reports Successful 2021 Event

By Staff
Tuesday, January 11, 2022 12:02 AM The 2021 edition of VisionPlus EXPO saw participation of over 1,252 eyecare professionals from across 59 countries, according to the fair organizers FourPlus Media. The event aimed to help opticians capitalize on Dubai as a centralized location, taking advantage of its infrastructure, influx of business and leisure travel opportunities.

VM’s Top 5 Print Cover Stories for 2021

By Staff
Monday, January 10, 2022 1:34 PM We can’t take a look back at Vision Monday’s most read stories of the year without considering VM’s print Cover Stories which are also available to our readers electronically. Even against the backdrop of another year of the COVID pandemic, the optical industry still got down to business despite the personal and business hurdles they faced due to the ongoing and seemingly never-ending pandemic. A perennial VM favorite with readers, VM’s Most Influential Women in Optical, occupies the top spot for 2021 with the Special Report taking up a record 26 edit pages in our July issue. VM’s Top 50 U.S. Optical Retailers Report, How Brick Is Learning to Click, A Look at Diversity, Equity and Inclusion, and The Vision Monday Leadership Summit rounded out the list of the Top 5 most read Cover Stories for 2021. Read More

Mido 2022 Is Postponed to April 30-May 2 in Milan

By Staff
Friday, January 7, 2022 9:00 AM MILAN—Organizers of Mido 2022 announced today that the international eyewear exhibition will "go back to its origins, taking place from Saturday, April 30 to Monday May 2 in Milan's Rho Pero Fiera fairgrounds. The decision to move the show was driven by the will to ensure exhibitors and visitors the best business conditions, even in this global pandemic situation," the announcement noted, adding, "The new dates represent a profitable period for commercial activities, still respecting the ongoing [timing] of other international eyewear fairs. This is a strategic time of the year for business and internationalization, taking Mido back to its origins, as its first edition actually took place in the month of May. The hope is that the arrival of spring will also bring safer and easier travel between countries, confirming Mido as a key element in the industry on a global level."

The Vision Council Q3 2021 Report Reflects Strong U.S. Market Sales, Significant Growth in Online Sales

By Staff
Friday, January 7, 2022 12:24 AM ALEXANDRIA, Va.—The Vision Council has released its quarterly VisionWatch market research reports for Q3 2021 and the reports reflect a strong performance for overall U.S. optical market sales for the 12-month period ending September 2021.