By Staff
Friday, July 26, 2024 11:45 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. Francesco Milleri, chairman and CEO, and Paul du Saillant, deputy CEO at EssilorLuxottica commented, “In the first half of the year, EssilorLuxottica’s strategy continued to pay off with all regions and businesses contributing to positive results.”
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By Staff
Friday, July 26, 2024 11:36 AM
Children’s eyewear has come a long way over the past 50 years. In the early ’70s, the amount of frame styles for kids were quite limited. One of the earliest features on children’s eyewear in the September/October 1976 issue of
20/20 described the choices for kids’ eyewear in a typical dispenser’s office could be counted on one hand. During that time, eyewear manufacturers began to consider other factors in designing children’s eyewear and adapting them to meet the fit requirements of young faces and their developing features.
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By Staff
Thursday, July 25, 2024 2:04 PM
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.
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By Staff
Thursday, July 25, 2024 1:54 PM
Contact lens manufacturer, CooperVision, has announced plans for a new, state-of-the-art technical, commercial and business hub in Southampton, UK, reinforcing its commitment to innovation and employee well-being. Set for completion in 2026, The Vision Centre will bring together CooperVision’s UK-based R&D team, its UK-based Global Technical Innovations Group, and various commercial and business functions. At just over 10,000 square meters and with capacity for over 400 employees, the facility represents a significant investment in both people and place, further cementing the company’s footprint on the UK’s south coast.
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By Staff
Wednesday, July 24, 2024 10:36 AM
VAUGHAN, Ontario—Global eye health company Bausch + Lomb Corporation (NYSE/TSX: BLCO) announced 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.
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By Staff
Wednesday, July 24, 2024 10:25 AM
Medication non-compliance is one of the biggest obstacles to a successful cataract surgery outcome. Additionally, the required drops are pricey for patients. For these reasons, some surgeons are turning to dropless and less-drops protocols after cataract surgery. According to Neal Shorstein, MD, who is in practice in Oakland, California, patient compliance is a significant problem. Even patients who remember to instill the drops at the correct times can have poor technique, which can affect surgical outcomes.
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By Staff
Tuesday, July 23, 2024 12:11 PM
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.
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By Staff
Tuesday, July 23, 2024 12:01 PM
UnitedHealthcare Vision is among the newest members of the Global Myopia Awareness Coalition (GMAC) and the first managed vision care company to join the organization.
Review of Myopia Management caught up with its CEO, Lori Archer, who is now a 2024 GMAC board member, to learn how the company is taking a leadership role in providing access to myopia management for pediatric patients. Read the following interview to find out what UnitedHealthcare Vision is covering related to myopia management, who it has partnered with, and what its goals are to slow the progression of myopia among children.
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By Staff
Monday, July 22, 2024 11:40 AM
NEW YORK—It may still be the dog days of summer, and we may still be at the beach, but, with just a few days to go until August, the back-to-school season is creeping up on everyone. In fact, many have already gotten a head start on their shopping, according to the National Retail Federation (NRF), who reports that 55 percent of back-to-school and college shoppers already began their shopping as of early July—though there’s still plenty to do. The NRF reports that while many shoppers already have their carts half-full, 86 percent of consumers still have at least half of their purchases left to complete.
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By Staff
Monday, July 22, 2024 11:30 AM
As the global population ages and the prevalence of glaucoma rises, the need for effective and accessible management strategies has never been more critical. Optometrists are uniquely positioned to lead the charge in the early detection and comprehensive management of this sight-threatening condition. With their specialized training, widespread accessibility and a patient-centered approach, ODs are indispensable in the fight against glaucoma. Integrating glaucoma management into optometric practice, however, has its challenges, and some optometrists may be hesitant to expand their services.
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By Staff
Friday, July 19, 2024 11:35 AM
GOLDEN, Colo.—Optometry Giving Sight (OGS) has launched a new program to provide optometry practices with ways to support OGS’s work on a year-round basis by integrating fundraising activities into their everyday business operations, according to an announcement from the organization. The initiative is called TEAM OGS—Together Eyecare Achieves Miracles—and is available to all optometry practitioners in the U.S. and Canada, the group said. Optometry Giving Sight (OGS) is a non-profit organization that raises funds from optometrists, optometry practices, and optometry-related businesses and corporations to award grants for sustainable, impactful projects that expand the profession and improve access to vision care in underserved areas of the world.
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By Staff
Friday, July 19, 2024 11:26 AM
It’s common to hear a practice owner ask how to improve their eyeglass capture rate, or how to get better acceptance of a new specialty product or service. They think the answer lies in training their optical staff to be better salespeople, or getting their front desk team more comfortable discussing higher-dollar amounts—but these efforts often don’t have the impact the owner desires. I have the great fortune to observe many optometrists in a wide variety of practices—and more often than not, I see the biggest opportunity right in the exam room, in the first few minutes of conversation with a patient: identifying the chief complaint.
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By Staff
Thursday, July 18, 2024 11:32 AM
PARIS and DENVER—EssilorLuxottica, a global leader in the optical industry, and VF Corporation, a global leader in branded lifestyle apparel, footwear and accessories, announced that they entered into a definitive agreement for EssilorLuxottica to acquire the Supreme brand from VF for $1.5 billion in cash. A New York-city based skate culture brand, Supreme was established in 1994 and has expanded into a global community, with 17 retail stores in the U.S., Asia and Europe, and an e-commerce platform across all regions. It runs a digital-first business.
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By Staff
Thursday, July 18, 2024 11:22 AM
Janelle Davison, OD, of Smyrna, Georgia, had a dilemma. She had begun offering more dry eye services in her practice, Brilliant Eyes Vision Center. But bringing these services into her primary care practice—and wanting to scale that part of the business up even more—was complicated. So she made a decision. She chose to open a separate space dedicated solely to dry eye treatment. She opened the Visionary Dry Eye Institute of Georgia in Marietta in June—and already, it’s making her life easier and benefitting her original practice, too.
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By Staff
Wednesday, July 17, 2024 3:12 PM
RANCHO CORDOVA, Calif.—VSP Vision announced that it has promoted Charlie Biegel to president of Eyefinity, a VSP Vision company that provides cloud-based practice management and electronic health records solutions to the eyecare industry. He will report to Scott Hopeck, VSP Vision’s chief commercial officer. Since 2014, Biegel has served as chief operating officer of Eyefinity and previously served as chief technology officer. “For over a decade, Charlie’s leadership, technology expertise and customer-centric mindset have helped elevate Eyefinity’s suite of solutions to meet the changing needs of eyecare practices,” said Hopeck.
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