EssilorLuxottica’s Bid to Acquire GrandVision Completes Regulatory Approval Process, Awaits Arbitration Outcome

By Staff
Friday, June 11, 2021 12:27 AM SCHIPHOL, The Netherlands and CHARENTON-LE-PONT, France—The proposed acquisition of major international retailer GrandVision by EssilorLuxottica moved closer to completion on Thursday. The companies—GrandVision (Euronext: GVNV) and EssilorLuxottica (Reuters: ESLX.PA)—said in separate statements that the Turkish competition regulator (Rekabet Kurumu) had cleared the transaction and, with this conditional approval, all regulatory approvals for closing of the transaction have been obtained.

Marcolin and Guess Announce Early Renewal of Licensing Agreement Until 2030

By Staff
Friday, June 11, 2021 12:21 AM LONGARONE, Italy—Marcolin and Guess have announced the early renewal of their exclusive licensing agreement for the design, production and worldwide distribution of Guess and Marciano sunglasses and eyeglasses.

Register Now for VM's Virtual Summit First Session, June 23, for Exclusive Take on Remote, Comprehensive Eye Exams

By Staff
Thursday, June 10, 2021 12:33 AM NEW YORK—Virtual eyecare, in the form of comprehensive eye exams performed remotely with the direct involvement of an optometrist, is rapidly gaining favor with both patients and practitioners. VirtualEYZE!, the lead-off session of the 2021 Vision Monday Leadership Summit, will explore how this reimagining of vision care—a form of “Creative Disruption”—is opening up new possibilities for optometrists in all modes of practice. This one-time-only event is the first in the multi-part 2021 VM Summit program, "CREATIVE DISRUPTION, THE NEW NOW: How to Survive It. Why You Need It." It will bring together experienced optometrists, optical retail executives, insurance reimbursement experts and the former chair of the American Telemedicine Association’s ocular telehealth committee to present an up-to-the-minute take on how this new form of eyecare is gaining ground and credibility.

Silhouette Announces Appointment of Celeste Vos as Vice President of Sales

By Staff
Wednesday, June 9, 2021 12:21 AM GREEN ISLAND, N.Y.—Silhouette Optical has announced the expansion of its U.S. leadership team with the appointment of Celeste Vos as vice president of sales.

l.a.Eyeworks Donates $65,000 to Art For Justice Fund Through WELLS Frame Sales

By Staff
Wednesday, June 9, 2021 12:18 AM LOS ANGELES—l.a.Eyeworks has announced the donation of $65,000 to the Art For Justice Fund with the proceeds generated by the sale of its WELLS frame, which the brand launched in August 2020 and named in honor of journalist and civil rights pioneer Ida B. Wells.

Kits Eyecare Expands Leadership Team in Marketing and Technology

By Staff
Tuesday, June 8, 2021 12:18 AM VANCOUVER—Kits Eyecare Ltd. (TSX: KITS) (OTCQX: KTYCF), a fast-growing, vertically integrated eyecare platform, announced the appointment of Robert Long to chief information officer, a new position at the firm, and the appointment of Stefan Harvalias as chief marketing officer. Separately, Kits announced on Monday that it has shipped its first 100,000 pairs of prescription eyeglasses. Kits completed its initial public offering and listing on the Toronto Stock Exchange in January. The IPO raised gross proceeds of $55 million Canadian, as VMAIL reported

Saskatchewan-Based Weyburn Eye Care Clinic Joins FYidoctors

By Staff
Wednesday, June 2, 2021 12:27 AM CALGARY, Alberta—FYidoctors, Canada’s leading diversified health care organization, has added Weyburn Eye Care Clinic to its banner. The merger marks FYidoctors’ first optometry practice in the city of Weyburn, which is regarded as one of the growing regional centers in southeast Saskatchewan, according to the company’s announcement late last month. The terms of the addition were not disclosed. In operation since the 1940s, Weyburn Eye Care is the only vision care clinic in Weyburn. It is led by optometrists Dr. Sonya Hung and Dr. Robert Labbie, and the clinic provides complete and comprehensive eyecare.

Continuing Its Growth, Keplr Vision Reports 43 New Partnerships Added in 2021’s First Half

By Staff
Tuesday, June 1, 2021 12:27 AM BLOOMINGTON, Ill.—Encouraged by the strong operational performance of its growing portfolio of practices, Keplr Vision has announced the addition of 43 partnerships in the first half of 2021, with 10 of the practices located in Washington state and six in New Mexico. The addition of these new practice organizations increases the Keplr Vision management portfolio to more than 230 locations across more than 30 states, the firm’s announcement late last week noted.

Clear Sight Partners Appoints Tina Farrell to Executive Management Team

By Staff
Friday, May 28, 2021 12:30 AM Clear Sight Partners names VP of retail operations, acquisition of New Look Vision is completed, Prevent Blindness to host Eye Health Summit, U.S. optical sales show vast improvement over 2020 and Zeiss Vision Care moves HQ to Kentucky all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.

Clear Sight Partners Appoints Tina Farrell to Executive Management Team

By Staff
Friday, May 28, 2021 12:27 AM TAMPA, Fla.—The newly formed managed services organization Clear Sight Partners (CSP) recently appointed Tina Farrell to the executive management team as vice president of optical retail operations. The move comes only five months after private equity firm Spanos Barber Jesse & Co. (SBJ) announced that it had completed a partnership that included five existing vision care practices with 16 locations, some operating in the area for more than 35 years. VMAIL reported on the formation of Clear Sight Partners in January, and the deal marked SBJ’s entry into the optical sector.

FFL Partners and CDPQ Complete Planned Acquisition of New Look Vision

By Staff
Thursday, May 27, 2021 10:06 AM MONTREAL—New Look Vision Group Inc. (TSX: BCI.TO) today announced the completion of the transaction under which FFL Partners, a San Francisco-based private equity firm, Caisse de dépôt et placement du Québec (CDPQ), a global investment group, and the Dr. H. Doug Barnes Family have acquired all of the outstanding Class A common shares of the company for $50 in cash per share, other than certain shares held by certain shareholders who received, in respect of such shares, consideration consisting of common shares of the purchaser.

Specsavers Establishes North American Presence With Purchase of Canada's Image Optometry in British Columbia

By Staff
Wednesday, May 26, 2021 12:21 AM GUERNSEY, Channel Islands, U.K.—Specsavers confirms it has acquired Canadian optometry business, Image Optometry, from its owner Dr Alan Boyco, for an undisclosed sum.

Eyemart Express Names Femi Enigbokan as the Company’s First Chief Growth Officer

By Staff
Thursday, May 20, 2021 12:30 AM DALLAS—Eyemart Express, a national optical retailer, has named Femi Enigbokan as the company’s first chief growth officer.

De Rigo REM Announces Renewal of John Varvatos Eyewear License Agreement

By Staff
Thursday, May 20, 2021 12:24 AM LOS ANGELES—De Rigo REM has announced a multi-year extension of its exclusive licensing agreement for the design, production and distribution of John Varvatos prescription frames and sunglasses globally.

Organizers of Vision Expo Announce Vision Expo+, a Free, Three-Day Virtual Extension of the Vision Expo East Experience Delivered Through ShopVISION

By Staff
Thursday, May 20, 2021 12:21 AM ALEXANDRIA, Va.—The Vision Council and Reed Exhibitions, the organizers of Vision Expo, today announced Vision Expo+, a free digital extension of the Vision Expo East experience that will be offered from June 3-5 in conjunction with Vision Expo East 2021 through ShopVISION, a new global sourcing platform.  Vision Expo+ reflects an effort by the Show organizers to accommodate members of the vision care community from around the globe by providing more ways for the community to experience Vision Expo East, taking place June 2-5 in Orlando.