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CVI outlook tightens on APAC softness as CooperCompanies nears CooperSurgical sale
CooperCompanies reported an 8 percent year-on-year increase in CooperVision revenue for the second quarter of fiscal 2026, ended April 30. Contact lens sales rose 4 percent at constant exchange rates and organically, slightly accelerating from Q1 (+3 percent).
Spain’s optical market expands on pricing gains amid weak volume growth
The Spanish optical market grew by 4.0 percent to €2,551 million in 2025, according to the 2026 edition of the “Libro Blanco de la Visión” published by FEDAO, the Spanish federation of optical industry associations, and sponsored by Correos Express. This marks a slight acceleration from the 2.9 percent growth ...
GoodVision seeks NPO partners for pilot testing of new digital tools
GoodVision, the vision care NPO formerly known as EinDollar Brille, is unveiling two digital tools — the GoodVision App and VALY — to support its efforts to expand eye care in low-resource regions and is calling on other NPOs to join its pilot testing phase. Both tools will be presented ...
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Sports eyewear panorama: RX and tech as the new growth drivers
While the conventional sunglasses market is still struggling to recover its pre-Covid volumes, the sports eyewear segment is showing outstanding health, with annual growth exceeding 10 percent. Once considered a purely technical niche, this market has evolved into a major macro-economic battlefield where two distribution models clash: the high volume ...
Xpanceo finds a power source for its electronic contact lens, and a cheap way to track the gaze
Xpanceo says it put forth a proof of concept for its smart contact lens, having found a way to build the necessary micro-batteries at industrial scale. Its partner in this project is a French company called Iten, mass-manufacturer of solid-state ceramic (SSC) devices.
Revenio completes Visionix takeover, revamps board and leadership
Finnish Revenio Group has completed the acquisition of LT International, the parent company of Visionix, following the transaction agreement first announced in April. The consolidation of Visionix into Revenio took effect on May 28, 2026.
Arts Optical improves in H2, says strategic shift starts bearing fruit
Presenting its financial results for fiscal 2025, Hong Kong-based Arts Optical stressed that its gradual strategic focus shift from Western countries to Asia and from original design manufacturing to lens manufacturing (ODM) was starting to bear fruit. The company’s full-year revenue rose by 4.0 percent year over year to 1,333.9 ...
German optical market returns to near-stagnation
The German optical market returned to near stagnation in 2025 after a temporary improvement in the previous year, according to the most recent data from the Zentralverband der Augenoptiker und Optometristen (ZVA), the country’s association of opticians and optometrists.
Intermestic Q1 boosted by Megane Super consolidation, margins contract as expected
Intermestic, the parent company of Japanese retailer Zoff, reported last week its first quarterly results including the integration of Megane Super, the multi-brand optical retailer it acquired in September last year. As expected, the new perimeter drove a strong topline increase but weighed on profitability.
Korean startup raises $18m for alternative AR display optics
LetinAR, a South Korea-based smart eyewear startup, has raised $18.5 million in a new funding round led by Korea Development Bank, a state-owned development bank, according to reports from TechCrunch and other tech news outlets. Lotte Ventures, the corporate venture capital arm of South Korea’s conglomerate Lotte Group, also participated ...
Lenskart to double down on AI after strong performance in FY2026
Lenskart ended its first fiscal year as a public company with Q4 revenue from operations up 40.6 percent year on year to 25,157 million Indian rupees (€224.1 million), accelerating from the previous quarter (+37.4 percent), both in India and abroad. For the full year (ended March 31), total revenue was ...
Google offers a first glimpse of 'intelligent eyewear,' leaving plenty of questions unanswered
Google and Samsung revealed only a little about their upcoming smart glasses, or rather “intelligent eyewear” per their own terminology, at yesterday’s Google I/O keynote presentation in Mountain View, California, as the focus was on agentic AI and Gemini upgrades across Google’s platforms.
France unclear on, wary of smart glasses, survey shows
At least in France, smart glasses are misunderstood, feared and associated with a single model.
Materialise transfers eyewear unit to management
Materialise has announced that it has agreed to transfer its eyewear business to the unit’s management team, as disclosed last week during its Q1 2026 financial results. The division will continue to operate as a stand‑alone entity, with Patrick Swinnen, currently Business Line Director, at the helm.
National Vision sees ‘flat to modest’ Q2 growth as maintains full-year outlook
National Vision said it expects to see “flat to modest” growth in the second quarter of its fiscal year amid temporary bumps associated with the launch of a new website for its America’s Best banner. The company has maintained its full-year sales and earnings guidance as comparable sales growth is ...