Materialise Makes ‘Strategic Investment’ in Virtual Eyewear Try-On Firm Ditto as Companies Begin Collaboration

By Staff
Wednesday, September 23, 2020 12:27 AM LEUVEN, Belgium and OAKLAND, Calif. — Materialise NV  (Nasdaq:MTLS), a global leader in 3D printing solutions, has made a strategic investment in Ditto, an Oakland-based developer of virtual eyewear try-on platforms, according to an announcement earlier this week. In addition, the two companies will collaborate to advance the digital transformation in the eyewear industry and support the creation of new and personalized shopping experiences. The details of the investment by Materialise were not disclosed. The introduction of advanced digital technologies in the eyewear industry is creating new opportunities, including the possibility to offer personalized frame recommendations and virtual try-on solutions, the announcement noted.

De Rigo Group and Tumi Announce New License Agreement, Collection

By Staff
Wednesday, September 23, 2020 12:24 AM LONGARONE, Italy—The De Rigo Group and Tumi have announced an exclusive license agreement for the design, production and distribution of Tumi-branded sunglasses and prescription frames for both men and women. The Tumi eyewear collection will embody the brand’s iconic values and DNA, as well as its dedication to innovation. This collection is set to debut at Vision Expo East in 2021, prior to its global launch in May 2021. The first Tumi collection produced by De Rigo will be distributed through the De Rigo sales network, as well as select Tumi stores and eCommerce sights worldwide.

Bausch Health to Acquire Option to Purchase All Ophthalmology Assets of Allegro Ophthalmics

By Staff
Tuesday, September 22, 2020 12:27 AM LAVAL, Quebec and SAN JUAN CAPISTRANO, Calif.— Bausch Health Companies and Bausch + Lomb, its leading global eye health business, and Allegro Ophthalmics LLC,  a privately held biopharmaceutical company, announced Monday that Bausch Health (through its affiliate) has entered into an agreement to acquire an option to purchase all ophthalmology assets of Allegro.

Santen to Acquire Topical Ophthalmic Products Company Eyevance for $225 Million Under Terms of Share Purchase Agreement

By Staff
Tuesday, September 22, 2020 12:24 AM OSAKA, Japan and FORT WORTH, Texas—Santen Pharmaceutical Co. Ltd.and Eyevance Holdings have announced that Santen Holdings U.S. Inc., a wholly-owned subsidiary of Santen, and Eyevance Holdings entered into a share purchase agreement where Santen Holdings acquires all of the outstanding shares of Eyevance Pharmaceuticals Holdings.

Bollé Brands Announces François Benaben as President of Sport and Luxury Division

By Staff
Tuesday, September 22, 2020 12:21 AM LYON, France—Bollé Brands has named François Benaben as the president of its sport and luxury division. Benaben, formerly vice president of the Rossignol Group for Europe, Asia and the Southern Hemisphere, has spent 14 years in several sales and category management positions at various companies.

The Jobson Optical Research 2020 U.S. Optical Retailer Report & Directory Is Now Available

By Staff
Monday, September 21, 2020 12:18 AM NEW YORK—Jobson Optical Research’s 2020 Optical Retailer Report & Directory is now available. The directory contains a comprehensive list of the top optical retailers in the U.S., including contact information for the company headquarters, key executives, buyer names for all product categories, and trade names including DBAs. The list includes 72 headquarter locations. In addition, the report and directory includes Vision Monday’s annual “Top 50 U.S. Optical Retailers” ranking and analysis, which includes 2019 estimated sales and business unity counts for each retailer.

Safilo Announces New Term Loan Facility of €108 Million

By Staff
Wednesday, September 16, 2020 12:24 AM PADUA, Italy—Safilo Group has announced the signing of a new Term Loan Facility for €108 million (127,944,900 USD) to provide Safilo with additional liquidity in order to finance working capital and investment needs for its activities located in Italy.

Christopher Cloos Names Tom Brady Global Brand Ambassador, Launches Collection

By Staff
Wednesday, September 16, 2020 12:21 AM NEW YORK—Danish eyewear brand Christopher Cloos has named NFL superstar Tom Brady as its newest global brand ambassador, kicking off a partnership that includes the launch of the exclusive Cloos x Brady eyewear collection. The collection features both blue light and sunglasses, and is made from biodegradable material. Brady worked closely with the Christopher Cloos team to create and design the collection. Brady said, “Christopher Cloos' commitment to health, wellness, and sustainability—without sacrificing style—really resonated with me. I love their commitment to excellence and discipline to make things happen. I'm proud of the partnership and what we have been able to create together with the Cloos x Brady collection. Not to mention I love wearing them and hope everyone will too!"

Marcolin Group Announces Licensing Agreement With Max Mara

By Staff
Tuesday, September 15, 2020 12:24 AM LONGARONE, Italy—Marcolin Group has announced the signing of a new licensing agreement for the design, production and worldwide distribution of Max Mara sunglasses and eyeglasses.

Oakley Launches ‘We Shape the Future’ Campaign Featuring an Array of NFL’s Top Players

By Staff
Friday, September 11, 2020 12:24 AM FOOTHILL RANCH, Calif.—Oakley, a leader in sport performance and optical innovation, this week launched the brand’s 2020 NFL campaign, “We Shape the Future,” which honors “the dominant on-field performances of Team Oakley’s football athletes and their influential and steadfast leadership off the field,” according to the announcement. The campaign is headlined by the NFL players Patrick Mahomes II and Lamar Jackson and features JuJu Smith-Schuster, Derwin James Jr., Aaron Jones and Trevon Diggs. The latter two players are billed as “new young faces” in what Oakley says is an “already star-studded lineup of Oakley football athletes.” Jones is a running back with the Green Bay Packers and Diggs is a rookie cornerback with the Dallas Cowboys.

EssilorLuxottica Says it Will Appeal Dutch Court’s Ruling Denying its Request to Obtain Information from GrandVision

By Staff
Tuesday, September 8, 2020 12:30 AM CHARENTON-LE-PONT, France—EssilorLuxottica (Euronext: EL) said late last week that it has decided to file an appeal against the recent court judgment dismissing its demands for disclosure of operating information from GrandVision (Euronext: GVNV). EssilorLuxottica, which is in the midst of a proposed acquisition of the Dutch optical retailer, said in a statement that it is “concerned about GrandVision’s behavior in continuing to deny access to important information related to their handling of the COVID-19 outbreak.”

CooperCompanies Notes Positive ‘Momentum’ Trend in July-August, But Overall Sales Slip in Third Quarter

By Staff
Friday, September 4, 2020 12:27 AM SAN RAMON, Calif.—Citing the ongoing impact of COVID-19, CooperCompanies (NYSE: COO) on Thursday reported that its third-quarter revenue decreased 15 percent year-over-year to $578.2 million, with CooperVision (CVI) revenue falling 12 percent to $449.3 million and CooperSurgical (CSI) revenue dropping 24 percent to $128.9 million.

Silmo Shares More Details for ‘Silmo Outside the Walls’

By Staff
Friday, September 4, 2020 12:21 AM PARIS—After the cancellation of Silmo 2020 in Paris, Silmo has reimagined its traditional trade show to create Silmo Outside the Walls, a “nomadic” version of the show which will be held in different formats adapted to markets in different cities. As part of this new format, Silmo showrooms will be open in a variety of convenient, safe locations, at different dates. Silmo 2020 Outside the Walls will take place in Paris, Copenhagen, Bordeaux, Rennes and Lyon.

CooperVision Taps Sarah Michelle Gellar as Spokeswoman to Increase Awareness of Myopia Management and Brilliant Futures Program

By Staff
Thursday, August 27, 2020 12:24 AM SAN RAMON, Calif.—CooperVision, a global leader in myopia management, announced Wednesday that popular U.S. television actress and producer Sarah Michelle Gellar will be the spokeswoman for its Brilliant Futures Myopia Management Program.  

CooperVision Promotes Melissa Kiewe to Vice President, North America Marketing

By Staff
Wednesday, August 26, 2020 12:18 AM SAN RAMON, Calif.—CooperVision has appointed Melissa Kiewe vice president, North America marketing, according to an announcement from the company. She is responsible for overseeing all regional marketing strategies and demand creation initiatives, including product launches, programs and promotions. She succeeds Simon Seshadri, who was promoted to the position of senior vice president, global marketing in June. Kiewe joined CooperVision in 2016 as senior director, customer marketing, for which she led the development of multifaceted marketing programs, marketing communications initiatives, and national and customer brand product launches.