EssilorLuxottica Reports Solid Revenue Growth for Q1 2024

By Staff
Friday, April 19, 2024 8:05 AM EssilorLuxottica reports revenue growth for Q1 2024; ECPs’ gross revenue decreased, Jobson Tracker says; Johnson & Johnson reports Q1 2024 financial results; The Vision Council releases Focused inSights Eyewear Accessories report; and The Vision Council hosts Lab Leadership Forum all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.

The National Average for Gross Revenue at ECP Locations Decreased for the Week of April 8–14, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Thursday, April 18, 2024 12:27 AM NEW YORK—The national average for gross revenue at ECP locations decreased last week, April 8–14, when compared with the previous week at a rate of -4 index points. That places gross revenue at a level 2 index points above where it was at this point in time (Week 15) when compared with last year (2023), 1 point above the same period in 2022, 6 points above 2021, 101 points above 2020 and 15 points above 2019, according to Jobson’s most recent Practice Performance Tracker.

Johnson & Johnson Reports First Quarter 2024 Financial Results

By Staff
Wednesday, April 17, 2024 12:27 AM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) has announced financial results for the first quarter of 2024, with reported sales growth of 2.3 percent to $21.4 billion, operational growth of 3.9 percent, and adjusted operational growth of 4.0 percent. Sales in the U.S. increased 7.8 percent for the first quarter. “Johnson & Johnson’s solid first quarter performance reflects our sharpened focus and the progress in our portfolio and pipeline,” said Joaquin Duato, chairman and chief executive officer. “Our impact across the full spectrum of health care is unique in our industry, and the milestones achieved this quarter reinforce our position as an innovation powerhouse.”

New inSights Research From The Vision Council Reveals More Than One-Third of Eyewear Users Neglect Proper Care

By Staff
Tuesday, April 16, 2024 12:27 AM ALEXANDRIA, Va.—The Vision Council released its latest research report, Focused inSights Eyewear Accessories, providing comprehensive data into American adults' behaviors, preferences and purchasing patterns related to eyewear accessories. The report sheds light on the usage and maintenance habits surrounding various eyewear accessories and underscores the importance of proper care and storage of eyewear products to ensure optimal vision, according to the announcement from The Vision Council. The survey highlights a variety of eyewear accessories, including eyeglasses cases, eyeglass chains/lanyards, microfiber cloths, eyeglasses replacement/sizing nose pads, lens cleaning wipes, lens cleaning solution, contact lens cases, contact lens solution and lubricant eye drops.

The Vision Council Hosts Nearly 100 Industry Executives for Lab Leadership Forum

By Staff
Monday, April 15, 2024 12:27 AM ALEXANDRIA, Va.—The Vision Council hosted the 2024 Lab Leadership Forum on Thursday, April 11 and Friday, April 12, 2024 at the Temecula Creek Inn in Temecula, California. Nearly 100 optical industry executives gathered for the event, providing a platform for education, networking and recognition among optical laboratory professionals. The Lab Leadership Forum, tailored specifically for The Vision Council’s optical laboratory members, offered a comprehensive agenda aimed at fostering professional growth and collaboration among industry peers, according to an announcement from The Vision Council.

Are You a Top U.S. Optical Retailer? Take VM's Top 50 U.S. Optical Retailers Survey Now

By Staff
Monday, April 15, 2024 12:15 AM NEW YORK—Vision Monday will be publishing its signature Annual Top 50 U.S. Optical Retailers Report in its upcoming June print/digital edition this year. VM's annual survey will include regional and national retailers for the exclusive report.

CooperVision Expands Its Myopia Management Team

By Staff
Friday, April 12, 2024 8:05 AM CooperVision expands its myopia management team; Virtual Field announces expansion into Canada; ECPs’ gross revenue remained flat, Jobson Tracker says; CooperVision extends partnership with Plastic Bank; and Hoya Vision Care responds to cyberattack all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.

Virtual Field Announces Expansion Into Canada

By Staff
Thursday, April 11, 2024 12:27 AM NEW YORK—Virtual Field, a provider of virtual visual field testing, has announced its expansion into Canada. Virtual Field enables ophthalmologists and optometrists to offer comprehensive, accurate visual field, color vision, and pupillometry exams using a comfortable, patient-friendly headset, according to the company. Virtual Field has received two Medical Device Licenses (MDL) from Health Canada for its VF3 Pro and VF3 Basic products. Both have been classified as Class 2 medical devices, signifying compliance with Canada’s rigorous health and safety standards, and affirming their efficacy.

The National Average for Gross Revenue at ECP Locations Remained Flat for the Week of April 1–7, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Wednesday, April 10, 2024 12:24 AM NEW YORK—The national average for gross revenue at ECP locations remained flat last week, April 1–7, when compared with the previous week. That places gross revenue at a level -1 index point below where it was at this point in time (Week 14) when compared with last year (2023), 3 points above the same period in 2022, 10 points above 2021, 103 points above 2020 and 16 points above 2019, according to Jobson’s most recent Practice Performance Tracker.

CooperVision Extends Partnership With Plastic Bank, Adds Vision Care Program for Collectors

By Staff
Tuesday, April 9, 2024 12:24 AM SAN RAMON, Calif.—CooperVision and Plastic Bank, a Vancouver, British Columbia-based social impact organization, have renewed their net plastic neutrality partnership through 2026. With the extension, the partnership has expanded to include a vision care program to provide vision screenings and vouchers for complimentary eye exams and glasses for eligible Plastic Bank collection members in Indonesia, who are essential to CooperVision’s net plastic neutral partnership with Plastic Bank, the company announced.

Hoya Vision Care Responds to Cyberattack, Remains Confident That U.S., Canadian Systems Were Not Impacted

By Staff
Monday, April 8, 2024 12:30 AM TOKYO—Production of several products were stopped recently following a system failure that was believed to be "caused by unauthorised access" to its servers, Hoya Corp said on Thursday, in news that was first reported by Reuters. In a statement provided to VMAIL from Hoya Vision Care, the company stated that on March 29, it learned that an "unauthorized party" had accessed some of its global business operation systems.

The Vision Council Launches PolicyWatch, an Online Regulatory Monitoring Service for the Optical Industry

By Staff
Friday, April 5, 2024 8:05 AM The Vision Council launches PolicyWatch; CooperVision introduces redesigned Online Success Center; ECPs’ gross revenue decreased, Jobson Tracker says; VM opens annual Top 50 U.S. Retailers survey; and Prevent Blindness declares April as Women’s Eye Health and Safety Month all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.

CooperVision Launches Redesigned Online Success Center With Additional Resources for ECPs and Staff

By Staff
Thursday, April 4, 2024 12:24 AM SAN RAMON, Calif.—As part of its commitment to provide eyecare professionals with educational tools, resources, and practice support, CooperVision has announced the launch of its redesigned Online Success Center (OSC). The upgraded, on-demand digital platform features an enhanced look and feel, providing users with an improved, immersive educational experience, more robust resources, and a streamlined myopia control and myopia management certification process. The platform also delivers practical tools to empower staff with new knowledge and skills they can implement in practice.

The National Average for Gross Revenue at ECP Locations Decreased for the Week of March 25–31, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Wednesday, April 3, 2024 12:24 AM NEW YORK—The national average for gross revenue at ECP locations decreased last week, March 25–31, when compared with the previous week at a rate of -4 index points. That places gross revenue at a level -1 index point below where it was at this point in time (Week 13) when compared with last year (2023), 2 points above the same period in 2022, 4 points above 2021, 97 points above 2020 and 14 points above 2019, according to Jobson’s most recent Practice Performance Tracker.

Are You a Top U.S. Optical Retailer? VM Opens its Annual Top 50 U.S. Retailers Survey, Sets April 26 Deadline

By Staff
Tuesday, April 2, 2024 12:27 AM NEW YORK—Vision Monday will be publishing its signature Annual Top 50 U.S. Optical Retailers Report in its upcoming June print/digital edition this year. The industry's leading news platform is kicking off its annual survey among regional and national retailers for the exclusive report, which will collect and present sales and operations data for the calendar year ending Dec. 31, 2023. "The Top 50 report and ranking will continue to examine U.S optical retail and ECP group revenues, and serves as a valuable resource to readers," said Anne Cooper, editorial director of Vision Monday and 20/20.