Vision Innovation Partners Completes 14th Deal in Just Over Two Years With Recent Maryland Acquisition

By Staff
Monday, February 24, 2020 12:24 AM ANNAPOLIS, Md.—Vision Innovation Partners, a portfolio company of the private equity firm Centre Partners, has acquired Busack Eye Center based in Frederick, Md.

Maui Jim Elevates Four Internal Leaders Following Rapid Growth in Optical

By Staff
Monday, February 24, 2020 12:21 AM LAHAINA, Hawaii—Following the company’s rapid growth in the optical sector, Maui Jim has announced that four key internal leaders have been elevated.

Keplr Vision Names Chris Folsom as the Group’s First Chief Financial Officer

By Staff
Thursday, February 20, 2020 12:24 AM BLOOMINGTON, Ill.—Keplr Vision, a management group that provides a comprehensive operational and support platform to optometric practices, has named Chris Folsom as the organization’s first chief financial officer. Folsom, who took on the new responsibilities in January, brings more than 20 years of financial executive leadership experience to the fast-growing Keplr organization, according to an announcement. Folsom began his career with KPMG LLP, a “Big Four” accounting firm and subsequently transitioned into roles within manufacturing and service-based organizations.

ClearVision Optical Named One of New York State’s ‘Best Companies to Work For’ in 2020

By Staff
Thursday, February 20, 2020 12:18 AM HAUPPAUGE, N.Y.—ClearVision Optical has been named one of the Best Companies to Work for in New York State for 2020. Created in 2007, these annual awards are part of a program that evaluates and ranks the best places of employment in New York through a statewide survey. On May 5, 2020, ClearVision and the 75 other organizations that made this year’s list will attend a public awards dinner at the Albany Hilton. There, each company will learn where it ranks within each company’s size category. ClearVision is part of the Medium Sized Business category, which includes companies with 100 to 249 New York based employees.

Sam’s Club to Open 10 Optical Centers in Oklahoma Following Change to State Law in 2019

By Staff
Wednesday, February 19, 2020 12:27 AM BENTONVILLE, Ark.—Sam’s Club, which operates about 540 optical departments at its stores across the U.S., is opening four new optical centers in the Oklahoma City area. The move follows a change in state regulations, which took effect in 2019, that allow optometrists to practice within retail establishments. The company is expected to open 10 optical centers in the state by this summer, according to an announcement from Sam’s Club. Sam’s is a unit of Walmart.

Charmant Group to Appoint Masakiyo Honjo as New President, CEO

By Staff
Wednesday, February 19, 2020 12:24 AM MORRIS PLAINS, N.J.—Charmant Group has announced that company’s current president and CEO Masao Miyachi will not renew his contract. Miyachi, who has been with Charmant for 40 years and has served as president and CEO since 2010, will depart the company at the end of March. Group chairman Kaoru Horikawa has appointed Masakiyo Honjo to take on the role of president and CEO of Charmant after Miyachi’s departure, with this new role beginning April 1, 2020.

Online Retailer Kits Eyecare Names Rob Long as Chief Marketing Officer

By Staff
Tuesday, February 18, 2020 12:24 AM VANCOUVER, British Columbia—Kits Eyecare Ltd., a North American online retailer of eyeglasses and contact lenses, has named former Coastal Contacts executive Rob Long to the role of chief marketing officer. Long joins Kits from Dyson Canada, where he sat on the leadership team and led the direct-to-consumer division. Kits was founded in 2018 by Roger Hardy, who previously had launched one of the groundbreaking brands in omnichannel eyecare, Coastal Contacts Inc., which owned Coastal.com, Clearly.ca and Lensway.se. Hardy is currently the chief executive and chairman of Hardy Capital

Eco’s FW19 Recycled Collection Wins Gold in iF Design Awards

By Staff
Tuesday, February 18, 2020 12:18 AM BERLIN—Eco, from Modo, has been awarded Gold distinction in the iF Design Awards for its Eco FW19 Recycled metal collection. All Eco glasses are made with recycled metal and bio-based plastic derived from castor seeds, and each pair of frames in the award winning collection comes with a magnetic sun clip. The iF Design Awards jury said, “This sustainable eyewear collection is unique in many ways. It is modular, easily customizable and highly functional. This eyewear collection combines incredibly lightweight metal frames with a seamlessly integrated sun clip-on made of bio-plastic. A sensational eyewear product!”

Shopko Optical Expands Project Eyecare Program and Opens First of 35 New Locations Planned for 2020

By Staff
Thursday, February 13, 2020 12:21 AM GREEN BAY, Wis.—Shopko Optical said it has expanded its Project Eyecare program and, in partnership with local Lions Clubs, will provide more than 800 deserving children opportunities to receive free eye exams and eyewear this year. As of Monday, Feb. 10, Lions Clubs near Shopko Optical locations will identify and give vouchers to children in need between the ages of 5 and 17 within their communities. These children will receive a free comprehensive eye exam and pair of eyeglasses from Shopko Optical.

ReFocus Eye Health Promotes Nisha Bhalla to Vice President of Operations

By Staff
Thursday, February 13, 2020 12:18 AM RYE BROOK, N.Y.—ReFocus Eye Health, a nationally focused, collaborative health care organization, has promoted director of operations Nisha Bhalla to vice president of operations. In the newly appointed position, Bhalla will continue to lead across all aspects of the company’s strategy and operations, including mergers, acquisitions, business development, leadership, planning, and other executive functions. ReFocus Eye Health, which was founded in 2018, said it takes “a fresh, enlightened approach to health practice ownership and management,” and noted that it acts as “a source of permanent capital” for health practices.

Fast-Growing Midwest Vision Partners Affiliates With Rosenbaum Eye & Laser Center of Michigan

By Staff
Wednesday, February 12, 2020 12:24 AM CHICAGO and LANSING, Mich.—Midwest Vision Partners (MVP), which is backed by the San Francisco-based private equity firm Alpine Investors, has established a partnership with Rosenbaum Eye & Laser Center (RELC) and the practice’s vision correction center, Michigan Laser Eye Associates (MLEA), according to an announcement this week. Rosenbaum Eye’s offices are here in Lansing. This represents MVP’s fifth partnership overall and bolsters its presence in Michigan, according to the announcement. The terms of the partnership deal were not disclosed.

Financing Start-Up Firm Sunbit Expands into Optical Retail Market with Credit Options for Patients

By Staff
Wednesday, February 12, 2020 12:21 AM LOS ANGELES—Sunbit, a tech company that provides financing options to patients and consumers, has expanded into the area of optical retail with its consumer credit services. The firm said this week that it has set up its platform within the offices of three leading regional optical retailers: Eye Doctor’s Optical Outlets of Florida, Dr. Tavel of Indiana, and Total Vision Optometry in California.

Keplr Vision Sets Partnership With Sacramento-Area Practices Operated by Drs. Heidi Pham-Murphy and Thomas Murphy

By Staff
Tuesday, February 11, 2020 12:30 AM BLOOMINGTON, Ill.—Keplr Vision, the group formed in mid-2019 to provide an operational and support platform to optometric practices seeking growth, announced that it has partnered with entrepreneur and thought-leader Heidi Q.T. Pham-Murphy, OD, and her husband, Thomas H. Murphy, OD. The practices the couple operate—Visions Optometry and Eye Designs Optometry in and around Sacramento, Calif.—joined Keplr Vision in early January, according to the announcement. The terms of the partnership transactions were not disclosed.

EssilorLuxottica’s Proposed Acquisition of GrandVision Moves to a Phase II Review by European Commission

By Staff
Friday, February 7, 2020 12:24 AM CHARENTON-LE-PONT, France—EssilorLuxottica SA and GrandVision NV said Thursday that the European Commission has initiated a Phase II review of the proposed acquisition of GrandVision by EssilorLuxottica.

Shamir to Provide Rapid Rx Service to Paris Miki Stores

By Staff
Friday, February 7, 2020 12:21 AM TOKYO—Shamir Optical Industry has entered into an exclusive agreement with Paris Miki that will enable the company to provide customers with customized optical lenses within 24 hours.