Allergan Announces Leadership Changes Within its Eyecare Group, as Jag Dosanjh Takes on New Senior Position

By Staff
Thursday, January 20, 2022 12:24 AM NORTH CHICAGO, Ill.—Allergan, an AbbVie (NYSE: ABBV) company, announced this week a series of executive changes within the leadership of its eyecare group that the company said will “continue to bolster its long-standing service and commitment to the eyecare community, [and] which will position Allergan for continued innovation to help address unmet patient need.” Among the changes, Allergan said that Jag Dosanjh, formerly senior vice president, medical therapeutics, has been appointed to a newly created role of president, U.S. Neuroscience and Eyecare.

Christopher Cloos Announces Partnership With Elsa Hosk, Company’s First Female Global Ambassador

By Staff
Thursday, January 20, 2022 12:15 AM NEW YORK—Christopher Cloos has announced a partnership with supermodel and former Victoria’s Secret Angel, Elsa Hosk. Hosk will become the company’s first female global ambassador and her exclusive Cloos x Elsa eyewear collection is the brand’s first line designed specifically for women. She joins seven-time Super Bowl Champion and NFL quarterback, Tom Brady as brand ambassadors for Christopher Cloos. VM reported that Brady partnered with Cloos, and launched an exclusive eyewear collection of his own in Fall 2020.

Costa Sunglasses Names John Acosta Vice President of Marketing

By Staff
Wednesday, January 12, 2022 12:21 AM DAYTONA BEACH, Fla.—Costa Sunglasses has appointed industry veteran John Acosta as its vice president of marketing.

Cognivue and American Institute of Balance Partner to Expand Cognitive Screening

By Staff
Tuesday, January 11, 2022 12:15 AM ROCHESTER, N.Y.—Neuroscience company Cognivue Inc. has partnered with American Institute of Balance (AIB) to make its cognitive screening products and services available to the AIB provider network of certified physicians, audiologists, and physical therapists.

NTC and I-MED Pharma Form Partnership to Bring HA-Based Dry Eye Ointment to U.S. Market

By Staff
Tuesday, December 28, 2021 12:15 AM MONTREAL—NTC, a pharmaceutical company with headquarters in Italy, and I-MED Pharma Inc., a Canadian company specializing in dry eye diagnosis and management, have announced that I-Defense, a long-lasting, lubricating ointment for the relief of dry eyes and lagophthalmos symptoms, has been successfully registered with the FDA.

EssilorLuxottica Reports Employee Shareholding Plan Hits New High With Coverage in 78 Countries

By Staff
Monday, December 27, 2021 12:21 AM CHARENTON-LE-PONT, France—EssilorLuxottica (Reuters: ESLX.PA) said last week that results from its “Boost 2021” international employee shareholding plan show that close to 54,000 eligible employees subscribed in 78 countries, with a very high subscription rate above 65 percent compared with 62 percent last year.

Inspecs Group Acquires Ego Eyewear

By Staff
Monday, December 27, 2021 12:18 AM BATH, England—Inspecs Group (LSE: SPEC) announced it has completed its acquisition of Ego Eyewear, a design and licensing company which uses third party eyewear manufacturers to produce premium fashion brands.

100% Optical Announces New Dates for Trade Show, April 23-25, 2022

By Staff
Tuesday, December 21, 2021 12:18 AM LONDON—Due to the escalation of COVID-19 cases across the U.K., and with the possibility of new restrictions in early 2022, London-based trade show 100% Optical has announced the postponement of its 2022 show, originally scheduled for Jan. 22-24, to new dates April 23-25, 2022. The show will take place at ExCeL London, its original venue. All visitor registration, exhibitor stand, sponsorship and hosted meetings will automatically be transferred to the new dates. Show organizers are working to reconfirm speaker availability in order to honor CPD and education courses as well.

Pair Eyewear Announces $60 Million in Funding, New Celebrity Investors

By Staff
Friday, December 17, 2021 12:30 AM NEW YORK—Direct-to-consumer customizable eyewear brand Pair Eyewear has announced it is raising $60 million in funding and bringing on additional celebrity investors as it seeks more licensing deals and partnerships.

M2 Biologics and Truax Patient Services Reach Dispensing Deal

By Staff
Friday, December 17, 2021 12:24 AM MARIETTA, Ga.—M2 Biologics, founded in 2019 by The McGee Group and NovaNet, Inc., has announced a partnership with Truax Patient Services (TPS) to assist with the fulfillment of StimulEyes, a solution for Dry Eye Disease (DED).

Safilo Group Announces Launch of Smith Imprint 3D Technology

By Staff
Wednesday, December 15, 2021 12:18 AM PADUA, Italy—Safilo Group has announced the debut of Imprint 3D technology, developed and launched through its propriety brand Smith.

Carl Zeiss Meditec Reports Record Revenue in Fiscal 2020-21 as Group Looks Ahead to 2022 With 'Some Optimism'

By Staff
Monday, December 13, 2021 12:24 AM JENA, Germany—Carl Zeiss Meditec (ISIN: DE 0005313704) reported late last week that it generated revenue of approximately €1,647 million in fiscal year 2020-21, which represents growth of 23.3 percent compared with the prior fiscal year’s revenue of €1,336 million. The percentage increase adjusted for currency effects was 26.5 percent, according to the announcement. Revenue in the Americas region increased 16.9 percent to €449 million (prior year: €384 million) due to “the further acceleration of the U.S. business,” the announcement noted.

LVMH and Marcolin Announce Thelios Will Become Fully Integrated Into LVMH

By Staff
Friday, December 10, 2021 12:15 PM PARIS, France and LONGARONE, Italy—LVMH (LVMUY) and Marcolin have announced the next stage for Thélios, a joint-venture created between Marcolin and LVMH in 2017. Today, Marcolin and LVMH have jointly decided to embark Thélios on the next stage of its development and become fully integrated within LVMH. Marcolin and LVMH have reached an agreement for LVMH to purchase the 49 percent stake held by Marcolin in Thélios. Separately, Marcolin will buy back the 10 percent stake LVMH owns in Marcolin, which LVMH acquired when Thélios was founded. The joint statement issued today did not disclose any details of the value of the two transactions.

Inspecs Group Acquires German Distributor BoDe

By Staff
Thursday, December 9, 2021 12:21 AM BATH, England—Inspecs Group (LSE: SPEC) announced that it has acquired the partnership assets and liabilities of BoDe Design Vertriebs GmbH & Co. KG (a limited partnership under German law), a distributor of optical and sunglasses frames to the German market.

Modern Optical Announces Frame Gifting Program Benefitting Lions Club International

By Staff
Thursday, December 9, 2021 12:18 AM ROSELLE, Ill.—Modern Optical International has announced its eighth annual Frame Gifting Program benefitting Lions Club International.