By Staff
Thursday, May 2, 2024 12:30 AM
SECAUCUS, N.J.—
Safilo North America has announced the appointment of Gabriele Cusani Sodano as president and chief commercial officer, effective April 2024. Cusani brings a wealth of experience and a proven track record to succeed in this new role, which will focus on accelerating the implementation of the Group’s strategic plan in the North American market, the company stated. He joined Safilo in 2015 and has held various roles of increasing responsibility throughout his tenure, with experience that spans commercial strategy and planning, brand management, business development, sales operations and direct to consumer.
By Staff
Thursday, May 2, 2024 12:27 AM
VAUGHAN, Ontario—
Bausch + Lomb Corporation (NYSE/TSX: BLCO), a leading global eye health company, has announced its first-quarter 2024 financial results. The company reported that revenue grew 18 percent (20 percent on a constant currency basis) compared with the first quarter of 2023, driven by growth across all business segments. The company also raised full-year 2024 constant currency revenue growth guidance to 13 percent to 15 percent and the full-year revenue range to between $4.600 billion and $4.700 billion.
By Staff
Thursday, May 2, 2024 12:24 AM
LARGO, Fla.—More than 55 customers and industry partners recently gathered at the annual
Ocuco Innovations User Group Meeting (UGM). Held in April with the theme "Seas the Day," the event brought together optical lab professionals for three days of education and networking at the Sheraton Keys Resort in Clearwater, Fla. Dublin-based Ocuco is a leading provider of omnichannel solutions to the eyecare retail, optometry and lab markets worldwide. UGM featured nearly 30 workshops and presentations, including Innovations and Lablink Development Road Maps, Strategies to Enhance Online Presence, and Specialized Personnel Recruitment.
By Staff
Thursday, May 2, 2024 12:21 AM
LAKE FOREST, Calif.—
STAAR Surgical Company (NASDAQ: STAA), developer, manufacturer and marketer of the EVO family of implantable collamer lenses (EVO ICL) for myopia, astigmatism and presbyopia, has announced that Nancy Sabin has been named chief marketing officer and Nathaniel Sisitsky has been named general counsel. Both will serve on the company’s executive committee and report to Tom Frinzi, STAAR Surgical’s president and CEO, according to the announcement. “We are thrilled to strengthen the STAAR team with the addition of Nancy and Nate, two seasoned executives with extensive senior leadership experience," Frinzi said.
By Staff
Thursday, May 2, 2024 12:18 AM
TORONTO, Canada—
RetiSpec, Inc., an innovator in artificial intelligence (AI)-powered eye diagnostics for brain health, and
Topcon Healthcare, Inc., a provider of medical devices and software solutions, have announced that Topcon has invested in RetiSpec, and the two companies are collaborating to bring RetiSpec technology to market. Among RetiSpec’s AI solutions, its clinically validated eye diagnostic AI aims to help health care providers predict amyloid burden, a core biomarker of Alzheimer’s disease even before symptoms emerge. Currently, the test is available for research use only; however, Topcon stated, once it is commercialized and integrated with Topcon Harmony, a device-inclusive and cloud-based clinical data management platform, it can facilitate early detection of Alzheimer’s disease and timely access to care.
By Staff
Thursday, May 2, 2024 12:15 AM
CHARENTON-LE-PONT, FRANCE—To honor this year’s Presbyopia Awareness Month, the
World Council of Optometry (WCO), in partnership with
EssilorLuxottica, has announced the release of the global standard of care for presbyopia and the aging eye. According to the announcement, the aim of this resolution is to set a benchmark through evidence-based resources that center on the eyecare practitioner's attention toward the three pillars of mitigating, measuring and managing presbyopia.
By Staff
Wednesday, May 1, 2024 4:00 PM
Fewer Americans are finding their way onto the real estate ladder. A
new report from Clever Real Estate finds that the median home price in the U.S. is now $322,494, requiring homeowners to make an annual income of at least $119,769 to afford a 10 percent down payment.
The price of a home now exceeds the average household earnings of potential homeowners by more than $45,000. Currently, the average annual household income for Americans is $74,755 and Americans would need to earn at least $98,000 to afford a 20 percent down payment, according to the survey.
The last time a median buyer could put down 20 percent was 1989, 5 percent higher than the current median buyer who can afford around 15 percent.
Only four states fell within the affordability of meridian earners including West Virginia, Ohio, Iowa and Indiana. Out of the 50 largest metro areas in the country, only Pittsburgh, Cleveland, St. Louis, Memphis, Indianapolis and Birmingham fall within the affordability range for median earners.
Los Angeles was named the least affordable city in the country—home buyers would need to earn nearly $250,000 a year to afford a median-priced home, three times the current $87,743 median income for the city.
According to the
National Association of Realtors, overall homeownership has dwindled significantly over the past 40 years, falling from 38 percent in 1981 to 32 percent in 2022.
By Staff
Wednesday, May 1, 2024 1:45 PM
CHARENTON-LE-PONT, France—EssilorLuxottica held its annual shareholders meeting on Tuesday in Paris, the company announced, where shareholders approved all 34 resolutions submitted by the board of directors to the Ordinary and Extraordinary General Meeting. These included the distribution of a €3.95 dividend per share for the financial year 2023, the compensation policy applicable to the company’s executive corporate officers and the reappointment of all previous directors to the new board of directors. “On behalf of the board of directors, we would like to extend warm thanks to our shareholders for their continued support and trust," said Francesco Milleri, chairman and CEO, and Paul du Saillant, deputy CEO at EssilorLuxottica.
Read More
By Staff
Wednesday, May 1, 2024 1:30 PM
HUGO Eyewear, a collection designed, produced and distributed by Safilo Group S.p.A, has announced its partnership with the Visa Cash App RB (VCARB) Formula One Team, starting this season. Leveraging the global appeal of F1 and delivering its signature authentic style, HUGO Eyewear will be the official eyewear partner of the VCARB team. Its designs will be represented in official images starring two of the most charismatic drivers on the F1 circuit, Daniel Ricciardo and Yuki Tsunoda.
Read More
By Staff
Wednesday, May 1, 2024 11:02 AM
The Contact Lens Institute (CLI) has published an in-depth report on everyday actions that the eyecare community can take to draw interest from potential and former contact lens wearers. Based on research with more than 1,000 vision-corrected adults, “Beyond Vision: Behaviors to Attract New & Returning Contact Lens Wearers” is the latest offering from CLI’s See Tomorrow initiative.
By Staff
Wednesday, May 1, 2024 9:00 AM
The power lies in AI's ability to analyze extensive data, allowing businesses to deliver tailored products or services based on individual preferences and interactions.