FDA Fast Tracks Research and Review for Essilor’s Stellest Myopia Lens, Labeling it a 'Breakthrough Device'

By Staff
Tuesday, May 18, 2021 12:30 AM CHARENTON-LE-PONT, France—Essilor yesterday announced that the U.S. Food and Drug Administration (FDA) has granted “Breakthrough Device” designation to its Essilor Stellest spectacle lens, the company’s new generation lens developed to correct myopia and slow down the progression of myopia in children. The designation of the Essilor’s Stellest spectacle lens as a “Breakthrough Device” by the FDA, that will lead to further U.S. research and FDA review, builds on the publication of groundbreaking two-year results of an ongoing three-year clinical trial, in China, in myopic children.

Shopko Optical Welcomes Vice President of Strategic Development Cameron Weiner to Leadership Team

By Staff
Tuesday, May 18, 2021 12:27 AM GREEN BAY, Wis.—Shopko Optical, which recently surpassed 100 standalone locations, has named Cameron Weiner to its leadership team as vice president of strategic development.

L'Amy America Announces Distribution Agreement With Centennial Optical to Launch Ben Sherman Eco Green Eyewear in Canada

By Staff
Tuesday, May 18, 2021 12:24 AM NORWALK, Conn.—L'Amy America has announced the signing of a distribution agreement with Centennial Optical, a leading eyewear distributor in Canada, to distribute the Ben Sherman Eco Green eyewear collection both online and in stores in Canada.

Lenskart Gets $95 million Investment From KKR

By Staff
Tuesday, May 18, 2021 12:21 AM NEW DELHI & MUMBAI, India—Lenskart, a top India-based omni-channel eyewear retailer and global investment firm KKR announced the signing of definitive agreements under which KKR will invest $95 million in Lenskart via a secondary stake acquisition.

BHVI Launches Myopia Awareness Week 2021 for May 24-28

By Staff
Tuesday, May 18, 2021 12:18 AM SYDNEY, Australia—BHVI has announced the relaunch of Myopia Awareness Week, a global initiative to bring attention to the growing epidemic of myopia in children across the world. Myopia Awareness Week 2021 will run from May 24 to 28. BHVI will be providing a range of educational resources for practitioners, parents and advocates of myopia awareness, as well as content for social media, to help drive awareness. Resources and campaign information can be found at bhvi.org

Second Sight Medical Products Announces Year Three NIH Funding of Its Orion Study

By Staff
Tuesday, May 18, 2021 12:15 AM LOS ANGELES, Calif.—Second Sight Medical Products, a leading developer of implantable visual prosthetics, announced that it has received notice from the National Institutes of Health (NIH) of the release of year three funding for its Early Feasibility Clinical Trial of a Visual Cortical Prosthesis (the Orion Trial), grant UH3NS103442. The NIH released $1.4 million of the $6.4 million planned five-year grant. Second Sight uses the funds primarily to pay UCLA and Baylor College of Medicine to conduct the Orion Trial.

New Look Vision Group’s Shareholders Vote Overwhelmingly in Favor of Sale to Investor Groups Led by FFL Partners

By Staff
Monday, May 17, 2021 12:24 AM MONTREAL—New Look Vision Group Inc. announced Friday that its shareholders voted to approve a proposed deal that will have three investor groups take the Canadian optical retail company private. In its statement, New Look Vision referred to the results of the vote at the special meeting of the shareholders as a “positive outcome.” The vote was in favor of the previously announced plan for NL1 AcquireCo Inc. to take ownership of New Look Vision, which operates 407 locations, primarily in Canada. 

Prevent Blindness Declares May 16-22 Second Annual Inherited Retinal Disease Genetic Testing Week

By Staff
Monday, May 17, 2021 12:21 AM CHICAGO—Prevent Blindness has declared the second annual “Inherited Retinal Disease (IRD) Genetic Testing Week” for May 16-22, 2021.

Startup Kits Eyecare Achieves Record Revenue and New Customer Growth in First Quarter

By Staff
Monday, May 17, 2021 12:18 AM VANCOUVER, British Columbia—Kits Eyecare Ltd., a vertically integrated, digital eyecare platform, reported first-quarter results late last week that showed a record quarterly revenue of $20.4 million, representing organic growth of 42 percent from the year-ago period, and active customers exceeding 750,000 at quarter’s end.

Zyloware Gears Up for National Eyewear Day on June 6

By Staff
Monday, May 17, 2021 12:15 AM NEW YORK—Zyloware invites all ECPs and eyewear enthusiasts to join in celebrating the sixth annual National Eyewear Day on June 6, 2021.

The Vision Council Invites Members to Attend a Member-Only Q&A on Tuesday, May 18 at 2 pm EST to Learn More About ShopVISION and Vision Expo+

By Staff
Monday, May 17, 2021 12:14 AM The Vision Council invites members to register now for a member-only Q&A on Tuesday, May 18 at 2 pm EST to learn more about the all-new Vision Expo+ and ShopVISION experiences. To register to attend, click here.

National Vision Reports a ‘Truly Remarkable Start to the Year’ as 18 Percent Comp-Store Growth Highlights Strong Q1 Results

By Staff
Friday, May 14, 2021 12:33 AM DULUTH, Ga.—National Vision Holdings (NASDAQ: EYE) reported Thursday that its net sales rose 13.7 percent to $534.2 million (from $469.7 million a year ago) and net income increased 346 percent to $43.4 million in its first quarter, which ended April 3. The retailer said its adjusted operating income rose 77.8 percent to $67.7 million in the period, and chief executive officer Reade Fahs noted that the results marked “a truly remarkable start to the year, as patients and customers chose us at record levels.”
 

Show Organizers Announce Education Program Planned for Vision Expo East 2021

By Staff
Friday, May 14, 2021 12:30 AM ALEXANDRIA, Va.—The Vision Council and Reed Exhibitions, organizers of Vision Expo, have announced the education program curated by the Conference Advisory Board for Vision Expo East 2021, taking place June 2-5 at the Orange County Convention Center in Orlando, Florida.

SECO 2021 Wraps First Hybrid Meeting and House of Delegates Elects New Officers

By Staff
Friday, May 14, 2021 12:27 AM ATLANTA—SECO International, host of the leading continuing education meeting for optometrists and allied health care ophthalmic professionals, held its annual Congress here from April 28 to May 2.

Vision Is a Driver of Health and Personal Performance, According to New Report from VSP Global Innovation Center

By Staff
Friday, May 14, 2021 12:24 AM RANCHO CORDOVA, Calif.—The VSP Global Innovation Center released findings from a new report that identified vision as a key force in cutting-edge technologies and startup companies poised to shape the future of eyecare and eyewear.