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NEW YORK—For those of us in the Northern Hemisphere, fall has officially… fallen. Autumn is usually a pretty exciting season—it means bringing the cozy sweaters out of the back of the closet, breaking out the scented candles, gorgeous foliage, and gearing up for the holiday season. Of course, things are looking a little different this year, and the holiday season we’re all so used to celebrating is shrouded in uncertainty. But that doesn’t mean we can’t celebrate and welcome the start of fall, or enjoy long walks outside in the crisp autumn air. To celebrate safely, we’ve searched high and low for some of the strangest fun facts about the autumnal season.
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Transitions Academy to mark 25th anniversary next June in Orlando, ECPs optimistic as business increases, optical sales bounce back to pre-Labor Day holiday levels, Bausch Health to acquire option to purchase assets of Allegro Ophthalmics, and Sen. Boozman introduces Contact Lens Rule Modernization Act all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.
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DRAPER, Utah—1-800 Contacts, the largest retailer of contact lenses in the U.S., today announced a definitive agreement under which global investment firm KKR will acquire the company from AEA Investors. The sale follows many years of strong growth and technology innovation for the direct-to-consumer (DTC) brand, which was purchased by AEA Investors in 2016. Financial terms of the transaction were not disclosed. However, sources close to the deal told VMAIL that the deal is valued at roughly $3 billion, about $2 billion more than when it was acquired by AEA.
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Did you follow the optical news this week? Take VM’s News Quiz to see how much you know. This week's quiz takes a look at dogs on the hunt for COVID-19, retail's ups and downs and a major CL company is acquired. Click here to take the quiz for the week of September 20. VM's News Quiz is published every Saturday as part of VMAIL Weekend.
Click here to take the quiz.
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Keeping safe and telling a corny joke at the same time? What could be better? You can pick this fun face mask up on Redbubble. #WeShareIt
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NEW YORK—The upcoming Vision Monday Global Leadership Summit will examine the big themes and urgent questions facing ECPs and vision care decision makers in light of the pandemic which has created new challenges on so many levels. Want to learn more about #VMSUMMIT, the most important thought leadership event for our industry in 2020? Learn how it will rethink healthcare and its relationship to the eye health and retail components of the vision care industry in this exclusive video message from Jobson’s CEO Marc Ferrara and find out why this year’s Summit is the can’t miss virtual event of 2020.
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VMail Weekend is published by Jobson Medical Information LLC, 395 Hudson Street, New York, NY 10014.
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