Eyecare Providers and Eye Health Organizations Tackle Preventing Eye Injury in Children

August is Children's Eye Health & Safety Month, and eyecare providers and eye health organizations are taking steps to ensure parents and caregivers are aware of the risks. According to the International Agency for the Prevention of Blindness, there are more than 1.4 million children globally under the age of 14 with blindness. Additionally, 22.6 million children suffer from moderate to severe sight loss, and 46.6 million children from mild sight loss. The agency noted that 40 percent of children are blind from eye conditions that could have been prevented.

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

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.

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

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

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.

Bausch + Lomb Acquires Diagnostic Company Trukera Medical

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.