EssilorLuxottica Reports Revenue Growth, Expanding Margins for First Half of 2024, Addresses 'Strategic Pillars' With Recent Acquisitions and Upcoming Launches

By Staff
Friday, July 26, 2024 12:27 AM PARIS, France—EssilorLuxottica announced revenue growth of 5.2 percent for the second quarter of 2024 at constant exchange rate and 5.3 percent for the first half of the year. The company also reported expanding margins and the acquisitions of diagnostic med-tech platform Heidelberg Engineering and iconic Supreme brand, as reported in VMAIL, which were announced on July 17, 2024.

Jesse Northcott Joins Raen as President and CEO

By Staff
Friday, July 26, 2024 12:24 AM OCEANSIDE, Calif.—Independent premium eyewear brand Raen has announced the appointment of Jesse Northcott as the company’s new president and chief executive officer. Northcott brings over 10 years of experience in finance and operations across leading industry brands to Raen, the company said.

Marcolin Names Andrea Vincenzo Virgilio Group Operations Director

By Staff
Friday, July 26, 2024 12:21 AM LONGARONE—Marcolin has announced the appointment of Andrea Vincenzo Virgilio as the company’s new group operations director, effective July 15, 2024. In this role, the company stated, Virgilio takes charge of the Group’s manufacturing facilities, research and development, product compliance and supply chain departments.

The Vision Council Releases New Research Spotlighting Q2 Consumer Trends and Generational Differences

By Staff
Friday, July 26, 2024 12:18 AM ALEXANDRIA, Va.—The Vision Council has released its latest research report, Consumer inSights Q2 2024, offering an in-depth look into U.S. consumers’ opinions and habits concerning vision correction, managed vision care, eye exams, prescription eyewear, reading glasses and plano sunglasses.

The National Average for Gross Revenue at ECP Locations Remained Flat for the Week of July 15–21, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Friday, July 26, 2024 12:15 AM NEW YORK—The national average for gross revenue at ECP locations remained flat for the week of July 15 – July 21 when compared with the previous week. That places gross revenue at a level 12 index points above where it was at this point in time (Week 29) when compared with last year (2023), 19 points above the same period in 2022, 25 points above 2021, 22 points above 2020, and 27 points above 2019, according to Jobson’s most recent Practice Performance Tracker.

Kering Eyewear Sees Rise in Revenue for First Half of 2024, While Total Kering Group Revenue Falls

By Staff
Thursday, July 25, 2024 12:27 AM PARIS—Kering Eyewear, part of the global luxury group Kering, has reported revenue of €914 million in the first half of 2024, up 5 percent as reported and up 6 percent on a comparable basis. In the second quarter, Kering Eyewear's sales rose by 3 percent both on a comparable basis and as reported, driven by solid progression of the brands in its portfolio, the Group said. Overall, revenue from the Kering Eyewear and Corporate segment amounted to €1.1 billion for the first half of 2024, mainly attributable to activities of Kering Eyewear and Kering Beauté, the latter including the sales of Creed.

EssilorLuxottica Days 2024 Draws to a Close, Provides Glimpse Into Design, Manufacturing and Craftsmanship

By Staff
Thursday, July 25, 2024 12:24 AM CHARENTON-LE-PONT, France; VENICE and MILAN—EssilorLuxottica has wrapped up its 2024 EssilorLuxottica Days experience, giving eyecare practitioners and customers from the U.S. and throughout the world the ability to experience a behind-the-scenes look at the company's eyewear design and manufacturing from start to finish.

Latinos en Optometry Appoints Angelica Cifuentes, OD, to Advisory Board

By Staff
Thursday, July 25, 2024 12:21 AM BOYNTON BEACH, Fla.—Latinos en Optometry, a non-profit association dedicated to gaining a broader representation of Latinos and Spanish-speaking professionals within the optometry and larger eyecare professional community, announced the appointment of Angelica Cifuentes, OD, to the Latinos en Optometry Advisory Board.

Osheru Secures $4.7 Million Seed Funding to Advance Ziplyft Device for Blepharoplasty Surgery

By Staff
Thursday, July 25, 2024 12:18 AM BEND, Ore.—Osheru, a medical device company specializing in innovative solutions for skin surgery, has completed a $4.7 million funding round to accelerate the development and commercialization of its Ziplyft device for blepharoplasty surgery.

National Vision Names NOSA Scholarship Winners

By Staff
Thursday, July 25, 2024 12:15 AM DULUTH, Ga.—National Vision, Inc., one of the nation’s largest optical retailers, has announced the winners of its 2024 National Optometric Student Association (NOSA) scholarships. Scholarships totaling $7,000 were awarded to three optometry students, who were selected based on their assessments of optometrists' role in ensuring affordable access to eyecare amid economic challenges, the announcement stated. Jerbrea Powell from Southern College of Optometry, Class of 2026, received $4,000; Victoria Laws of Rocky Mountain University of Health Professions, Class of 2026, received $2000; and Baldemar Torres of UC Berkeley School of Optometry, Class of 2025, received $1,000.

Bausch + Lomb Acquires Diagnostic Company Trukera Medical

By Staff
Wednesday, July 24, 2024 12:24 AM VAUGHAN, Ontario—Global eye health company Bausch + Lomb Corporation (NYSE/TSX: BLCO) announced yesterday that an affiliate has acquired Trukera Medical from its private equity owner, AccelMed Partners, and other shareholders. Bausch + Lomb indicated that the acquisition will expand its surgical presence in the United States and contribute to its position in the field of dry eye. A U.S.-based privately held ophthalmic medical diagnostic company, Trukera Medical commercializes the ScoutPro Osmolarity System, an automated device intended to quantitatively measure the osmolarity of human tears to aid in the diagnosis of dry eye disease (DED) in conjunction with other methods of clinical evaluation. Hyperosmolarity, a condition that is not detectable by slit lamp examination, is a leading indicator and central etiology of asymptomatic DED and ocular surface disease (OSD), the company emphasized; this can negatively affect corneal, cataract and refractive surgery outcomes if not treated effectively prior to the procedure.

Lois Schoenbrun to Retire as Optometry Giving Sight’s Executive Director; Search Is Underway for Successor

By Staff
Wednesday, July 24, 2024 12:21 AM GOLDEN, Colo—Optometry Giving Sight (OGS), a global fundraising initiative that targets the prevention of blindness and impaired vision due to uncorrected refractive error, has announced that executive director Lois Schoenbrun, CAE (Retired), FAAO, will retire from the organization in December 2024.

American Academy of Optometry Announces 2024 Award Recipients

By Staff
Wednesday, July 24, 2024 12:18 AM ORLANDO, Fla.—The American Academy of Optometry (AAO) has announced its 2024 award recipients. Each year, the Academy recognizes distinguished individuals who have made important contributions to advancing the profession of optometry.

Jobson Research Issues Census ProCount, a Database of Optical Locations

By Staff
Wednesday, July 24, 2024 12:15 AM NEWARK, N.J.—Jobson Research has issued Census ProCount, a database of approximately 38,000 optical locations in the U.S. The database includes independents and chains with up to 50 locations that are open and operating in 2024.

Silmo Names Alexis Mabille Chairman of 2024 Silmo d’Or Awards

By Staff
Tuesday, July 23, 2024 12:24 AM PARIS—Silmo has named fashion designer Alexis Mabille as chairman of the 2024 Silmo d’Or Awards, according to an announcement from Silmo. From Lyon, France, Mabille graduated in 1997 from the Chambre Syndicale de la Haute Couture Parisienne before working with major Parisian fashion houses, according to Silmo. He established his eponymous brand in 2005, which includes men's and women's ready-to-wear, accessory and tailored collections; Mabille is most famous for his iconic bow tie designs, and has been on the official calendar of Haute Couture since 2021, the announcement said.