EssilorLuxottica Creates Smart Eyewear Innovation Hub in France to Capture Rising Opportunities in Wearables

By Staff
Tuesday, July 13, 2021 12:27 AM CHARENTON-LE-PONT, France—EssilorLuxottica said Monday that it has created a dedicated innovation center in France to reinforce its expertise and expand its capabilities in electrochromic and smart eyewear technologies.

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.

Shamir and Alpine F1 Team Form New Partnership

By Staff
Tuesday, May 11, 2021 12:24 AM SAN DIEGO—Shamir and Alpine Formula 1 have formed a new partnership which will see Shamir become the Alpine F1 Team's optical performance partner.

Three-Year Study Shows Hoya MiyoSmart Lens Slows Myopia Progression in Children

By Staff
Wednesday, April 28, 2021 12:27 AM BANGKOK—The results of a new study showed that Hoya Vision Care’s MiyoSmart lens slowed myopia progression in children over a three-year period. Hoya Vision Care announced the results of the three-year follow-up clinical study on its MiyoSmart spectacle lens with patented Defocus Incorporated Multiple Segments.

Apax Funds to Acquire Ophthalmic Lens Innovator Rodenstock

By Staff
Wednesday, March 24, 2021 2:31 PM MUNICH, Germany—Funds advised by Apax today announced an agreement to acquire Rodenstock Group, a leading manufacturer of premium ophthalmic lenses, from Compass Partners. Financial terms were not disclosed. However, a person familiar with the matter said that the deal values Rodenstock at about €1.5 billion ($1.77 billion), including debt, according to Reuters, which reported last month that Compass was preparing a sale at this valuation. Founded in 1877, Rodenstock has been a global leader in prescription lenses for over 140 years, with a strong track record of innovative product development and market leading technologies.

Transitions Optical’s ‘Pulse’ Meeting Provides Updates on New Products and Innovations in a Fast-Changing Global Retail Landscape

By Staff
Thursday, February 11, 2021 12:24 AM PINELLAS PARK, Fla.—Transitions Optical gathered 10,000 industry professionals from 98 countries in North America, South America, Europe, Africa, Asia and Australia online for a first of its kind, global virtual event—Transitions The Pulse. The event was broadcast three times over two days and was translated into 13 different languages for eyecare professionals around the world to join together and feel the love for eyecare. During the virtual summit attendees connected live on screen for the general sessions with Transitions Optical leadership and industry experts; listened to a keynote presentation on the latest retail strategies and future scenarios; heard from experts and educators during breakout sessions on the heartbeat of the industry; and learned from their peers and partners through the sharing of best practices. 

EssilorLuxottica and CooperCompanies Announce Joint Venture for Acquisition of SightGlass Vision and Move to Expand Myopia Management Category

By Staff
Wednesday, February 3, 2021 4:30 PM CHARENTON-LE-PONT, France, and SAN RAMON, Calif.—EssilorLuxottica (Reuters: ESLA.PA) and CooperCompanies (NYSE:COO), two of the world’s leading vision care companies, said late Wednesday that they have entered into an agreement to create a 50/50 joint venture for the acquisition of SightGlass Vision, a U.S.-based life sciences company focused on developing innovative spectacle lenses to reduce the progression of myopia in children. EssilorLuxottica and CooperCompanies will leverage their shared expertise and global leadership in myopia management to accelerate the commercialization of SightGlass Vision spectacle lenses.

Essilor Spectacle Lens Shown to Slow Myopia Progression in Children by More Than 60 Percent After One-Year in Interim Trial

By Staff
Tuesday, September 29, 2020 12:27 AM CHARENTON-LE-PONT, France—Essilor said Monday that it launched a trial of its Stellest lens, a new generation of spectacle lens solutions in the fight against myopia, in July at the Wenzhou Medical University Eye Hospital in China.

Super Optical Receives 2020 Best of Cincinnati Award

By Staff
Friday, July 24, 2020 12:15 AM CINCINNATI—Super Optical has been selected for the 2020 Best of Cincinnati Award in the Optical Goods category by the Cincinnati Award Program. Each year, the Cincinnati Award Program identifies companies that have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and our community. These exceptional companies help make the Cincinnati area a great place to live, work and play.

The Vision Council Provides an Update on China 301 Refund Process for Spectacle Frames

By Staff
Friday, June 26, 2020 12:18 AM ALEXANDRIA, Va.—The Vision Council has been closely monitoring the refund process for spectacle frames from China that were subject to China 301 duties, as reported by VMAIL, and is encouraging all members to contact their Customs broker as soon as possible to coordinate refund efforts. On June 18, 2020, U.S. Customs and Border Protection updated its Automated Commercial Environment (ACE) system, allowing for new frame shipments to be processed without the additional China duties. Therefore, China duty should not be assessed on plastic spectacle frames of HTS 9003.11.0000 or non-plastic frames of HTS 9003.19.0000 on shipments entered on or after that day.

Zenni Expands E-Sports Partnerships to Promote Eye Health Within the Gaming Community

By Staff
Thursday, April 16, 2020 12:21 AM NOVATO, Calif.—Zenni will expand its presence within e-sports to continue its commitment toward eye health education for gamers.

IOT Expands Production Capacity at Calif. Lens Plant

By Staff
Tuesday, March 10, 2020 12:15 AM TORRANCE, Calif.—Indizen Optical Technologies (IOT) is expanding the production capacity in its manufacturing and technology center here. The company released a statement saying it is boosting the output at the 20,000 square foot facility in Torrance because sales of its IOT Neochromes light-activated lenses, which launched in Q4 2019, have exceeded initial forecasts. “We have had great success with the launch of new IOT Neochromes light activated lenses,” said IOT founder and CEO, Daniel Crespo. “Customers tell us they appreciate the exceptional performance of IOT Neochromes lenses, and that they are offered by an independent supplier.”

Transitions Optical Announces GEN 8 Education Tour

By Staff
Monday, July 8, 2019 12:21 AM PINELLAS PARK, Fla.—Transitions Optical is hosting an education tour for eyecare professionals in conjunction with the launch of Transitions Signature GEN 8 lenses. The tour, billed as “Lunch. Learn. Explore,” will visit Chicago, Dallas, Atlanta and Washington D.C. It coincides with the 29Rooms city tour, an annual immersive festival of style, culture and creativity sponsored by Transitions Optical and other corporate partners. The Transitions educational events includes an ABO technical credit and admission to a 29Rooms event.

Rx for Success

By Marge Axelrad
Monday, November 12, 2018 12:31 AM NEW YORK—A number of eyecare retailers, both national chains and independents, along with several major lens, laboratory and frame companies are continuing to bring new ideas to product innovation, diverse lens choices and more streamlined delivery systems to the category of prescription safety eyewear (SRx) to serve the needs of manufacturing and industrial workers and to bring attention to good eye-care and effective vision correction products to themselves and their families

High Tech Driving Vision: Then and Now

By Ted Giola, Contributing Editor
Monday, November 12, 2018 12:30 AM Ask someone today about high tech eyewear, and they will probably mention Google Glass. But do they know that 100 years ago, the most high tech eyewear was goggle glasses? Or that the emergence of the auto had as much impact on eyewear as the invention of the computer—and is still changing it today?