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Topcon investing in vision measurement app company
Topcon Healthcare is investing in Okko Health, company in the UK that develops home-monitoring smartphone apps for vision measurement. As the company itself puts it, Okko embeds the “deep vision science behind simple games on smartphones and tablets,” yielding applications for clinical practice, research and the development of drugs and ...
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Gentle Monster enters the Canadian market
Gentle Monster, the South Korean eyewear brand best known for its unconventional stores, will open its first location in Canada at the end of this year. The shop will be located in Toronto’s Yorkdale Shopping Center and spreads over 1,600 square meters. The company, in which Google has reportedly invested, ...
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Iberian parcel carrier leans into optical sector
Correos Express, a parcel carrier operating in Spain and Portugal, has signed a contract with the Spanish Federation of Optical Sector Associations (FEDAO), Spain’s General Council of Colleges of Opticians-Optometrists (CGCOO) and the Spanish optical-health publisher Grupo ICM. This formalizes a relationship that began in 2002 and, says the company, ...
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Johnson & Johnson sees 5% contact lens sales growth in Q2
Johnson & Johnson’s contact lens sales totaled $965 million in the second quarter of 2025, up by 5.1 percent compared to the year earlier and 2.9 percent higher at constant currency rates. Growth continued to be driven by price actions and a strong performance by the Acuvue-Oasys 1-Day family of ...
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Sergio Cereda eyewear design award for emerging student designers expands internationally
The MIDO exhibition in Milan and the Ross Viva Family Foundation announced the launch of the second edition of the Sergio Cereda Design Award, which honors the renowned Italian eyewear creator and has been expanded this year to include emerging designers from around the world. Participation in the award contest ...
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Thélios inaugurates new Italian production site for metalworking
Thélios, the eyewear division of LVMH, has inaugurated a 20,000 square meter production site dedicated to metal processing for eyewear on the site of the former Safilo factory in Longarone, Italy, that it acquired in 2023. Veneto Region’s Councillor, Valeria Mantovan, and the President of LVMH Italy, Toni Belloni were ...
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Two changes at Essilux’s North American wholesale
EssilorLuxottica has shifted Ernesto Diaz to Senior Vice President and Chief Marketing Officer for its wholesale operations (Professional Solutions) in North America and Laurie McDonald to Senior Vice President and Chief Commercial Officer for North America’s sport, premium sun and e-commerce channels, according to Vision Monday. Diaz has been with ...
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Arkema adding transparent-polyamide capacity in Singapore
At the factory in Singapore it inaugurated in 2022 – reputedly the world’s largest for bio-circular materials – Arkema is building a unit for the manufacture of its Rilsan Clear transparent polyamide, used for consumer electronics, appliance and medical equipment as well as eyewear. Representing an investment of about $20 ...
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Zeiss honors two physicists
Zeiss has bestowed its Research Award on Dr. Jelena Vučković, professor of electrical engineering and head of the Nanoscale and Quantum Photonics (NQP) Lab at Stanford University, and Dr. Yuri Kivshar, founder and head of the Nonlinear Physics Centre at the Australian National University (ANU). Vučković has been working to ...
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Jins nine-month revenue up 18%
Jins Holdings has reported a rise of 18.0 percent in net sales to 69.8 billion Japanese yen (€407m) for the nine months ended on May 31. Domestic sales climbed 20.2 percent to ¥54.3 billion (€316m) and overseas sales climbed 10.9 percent to ¥15.5 billion (€90.6m). As in H1, domestic business ...
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Xpanceo raises a quarter billion
Xpanceo – a company we spoke with in June, and which has been exploring ways to put the tech of smart glasses into contact lenses – has raised $250 million in Series A funds, at a valuation of $1.35 billion. Leading the funding round was Opportunity Venture (Asia), with offices ...
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Certottica posts revenues of €5.3 million, names new board
Certottica Group, the Italian eyewear and optical product certification body majority-owned by the Italian eyewear association ANFAO, said it posted revenues of about €5.3 million in 2024, while its Ebitda came in at 12 percent of the top line. The group’s net assets grew to €4.8 million from about €3.3 ...
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Safilens initial research shows 85% myopia progression reduction for Delivery Tyro
Safilens has announced the publication of a peer-reviewed article in the Opthalmology and Therapy international scientific journal about the results of a research study on its Delivery Tyro daily disposable contact lenses. The research was conducted for a 12-month period with 241 myopic children aged 14.7 years on average, in ...
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US private equity fund acquires Uvex Group
Warburg Pincus, a US-based global private equity fund, is taking a majority stake in Uvex Group, the German-based company specializing in protective safety and sports equipment. The Winter and Grau families owning Uvex Group until now will retain a significant minority stake in the business, Warburg Pincus announced. The investment ...
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Mia Burton merges with Lipari
Italian eyewear e-commerce company Mia Burton and the Italian optical retailer Lipari announced they were merging to create an omnichannel group with forecast revenues of €23.7 million in 2025. Lipari was founded by Giuseppe Lipari in 1974 and currently has three physical stores, two in Palermo and one in Milan, ...
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New MD at eyes+more for Germany and Austria
Eyes + more, a subsidiary of the nexeye optical retail group, has announced the appointment of Björn Wecker as its new managing director for Germany and Austria. Wecker joins the company from POLO Motorrad und Sportswear (sport gear and apparel) where he served as retail director since 2024. His previous ...
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Bausch + Lomb completes bond issuance and partial refinancing of its debt
Bausch + Lomb confirmed last week the successful completion of the refinancing plans announced a few days before. The contact lens and eye care group said that its Bausch+Lomb Netherlands B.V. and Bausch & Lomb Incorporated subsidiaries have closed the offering of $675 million senior secured floating rate notes maturing ...
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Founder family increase stake in Afflelou to 38%
The family of Alain Afflelou, founder of AFFLELOU, is increasing its share in the group from 29 percent to 38 percent following two separate financial operations. Lion Capital remains the controlling shareholder of the company with a 62 percent stake. In detail, AFFLELOU has placed €50 million in ...
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SDC Technologies among investors in flō Optics
SDC Technologies, the specialty coatings subsidiary of Mitsui Chemicals, announced yesterday that is was one of the industry companies that invested earlier this year in flō Optics, an Israel-based startup specializing in the additive manufacturing of lens coatings. As reported then, the $35 million financing round was led by “leading ...
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Safilo adds Victoria Beckham to license portfolio
Safilo Group has announced the signing of a new ten-year eyewear license agreement with Victoria Beckham. The partnership includes the design, manufacture and global distribution of Victoria Beckham-branded women optical frames and sunglasses until 2035. The brand was previously licensed to Marchon Eyewear. Originally a member of British pop ...