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ArticleItalian eyewear exports slip 3% in first eight months as US struggles, other markets improve
The value of Italian eyewear exports in the first eight months of 2025 fell by3.4 percent to €3,519 million as sales in the US continued to suffer in the wake of tariffs imposed by US President Donald Trump earlier this year but markets in Europe and elsewhere showed signs of ...
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ArticleInspecs board accepts £85m takeover by two British entrepreneurs
Inspecs Group’s board has agreed to an £85 million acquisition by two British entrepreneurs Luke Johnson and Ian Livingstone, formerly majority owner and chairman of Optika Clulow, after rejecting offers from Safilo Group.
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ArticleGoogle announces first AI (audio) glasses for 2026
The first AI glasses developed by Google, in collaboration with Samsung and Qualcomm on the technology side and with Warby Parker on the frames side, will launch in 2026, the group said earlier this week during its Android Show/XR Edition event. This is the first time that a launch target ...
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ArticleFrench optical market driven by health care needs rather than fashion or promotions, new research stresses
A comprehensive survey of 3,000 French glasses wearers by the country’s main opticians’ association shows that the vast majority prioritise medical necessity over fashion when purchasing new eyewear, with 92% citing visual needs as their primary motivation for renewal.
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Carl Zeiss Meditec posts solid full-year results, terminates CEO mandate
Carl Zeiss Meditec has reported a 7.8 percent year-over-year increase in revenue to €2,228 million in the 2024/25 fiscal year ended Sept. 30. The company’s topline rose by 8.6 percent at constant currencies and by 3.3 percent on an organic basis. The revenue uptick was driven by the ...
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ArticleVSP launches 3rd innovation challenge, scans the “patient of the future”
VSP Vision, in partnership with Topcon Healthcare and Silicon Foundry, a venture capital firm investing in early-stage technology companies, is launching its third Innovation Challenge, “a worldwide call for visionary solutions that elevate the eye care experience and empower optometrists.” VSP 2026 Innovation Challenge kicks off The VSP Global ...
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ArticleCooper announces strategic review, 5% uptick in annual CVI sales
CooperVision reported Q4 sales of $709.6 million, up 4.6% year-on-year, with growth driven by the Americas region and strong performance from its MyDay contact lens portfolio. CooperCompanies stock price shot up after the group announced that it was conducting a strategic business review, seemingly in response to activist investor pressures.
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ArticleEssilorLuxottica wearables chief steps down
Rocco Basilico, Chief Wearables Officer at EssilorLuxottica, will be leaving the group at the start of next year, Reuters revealed on Monday. The information was confirmed to the press agency by EssilorLuxottica: “After six years supporting our smart eyewear journey, Rocco Basilico has decided to pursue his personal interests outside ...
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ArticleFast-growing Lenskart sees huge whitespace in domestic market
The Indian eyewear retailer’s shares gained ground after reporting robust quarterly performance across key metrics, with revenue growth of 23.9% and improved profitability following its IPO debut last month.
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ArticleMICROOLED smart eyewear business taken over by former CEO and founder
MICROOLED’s former CEO has taken over the company’s smart eyewear brands ActiveLook and Engo to focus exclusively on AR sports glasses, while the French microdisplay manufacturer refocuses on B2B markets including defense and medical equipment and raises more funds.
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ArticleEssilux takes a local approach to the Chinese smart glasses market
EssilorLuxottica is using an existing deal to probe the market for smart eyewear in China, where, as the company tells us, the focus is on Chinese tech and the preferences of Chinese customers. To align its products and marketing accordingly, it appears that Essilux is for now setting aside any ...
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ArticleZEISS leverages vision care synergies in smart eyewear, ophthalmology
ZEISS has announced the creation of a new strategic business unit called ZEISS Extended Reality which, combined with ZEISS Vision Care, will make up the group’s Consumer Markets segment. Established last month, ZEISS Extended Reality will unite in one division the different teams that have been working on extended reality ...
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ArticleNational Vision outlines path to high-single-digit sales growth, margin expansion
National Vision announced plans for high-single-digit sales growth in each of the five years through fiscal year 2030, as it looks to further broaden its focus beyond its traditional cash-paying customer, increase the share of premium products and open 240 new stores. Comparable sales are seen increasing at a mid-single-digit ...
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ArticleInspecs takeover talks extended with current highest bid at £85m
Private equity seems to have an edge in the negotiations but Safilo is reviewing its options. The UK-based eyewear group has also announced a trading update that forecasts a 4 percent decline in annual revenue.
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ArticleAfflelou network sales up 5% in FY2025
Network sales were up mid-single digits in France and Spain, the retailer’s two key markets. Margins also progressed year over year despite increasing and substantial debt-related costs.
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ArticleGlassesUSA.com operator launches multi-brand luxury eyewear webshop
Most large eyewear companies in the luxury segment, save one, partner with the new online shop.
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ArticleStrong Q3 sales growth for Synsam despite Denmark subscriptions slump
Synsam Group revenue returned to double-digit growth in Q3 after a 6.9 percent hike in the previous quarter. Total quarterly sales rose by 11.0 percent year over year to 1,731 million Swedish crowns (€158m), driven by sharp increases in Sweden and Norway (see table). They were up by 12.4 percent ...
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ArticleParis Miki main stakeholder to delist the company through an MBO
The tender offer by the founding family fund values the company at approximately 33 billion yen (€182m). The plan is to restructure the retailer’s domestic and overseas businesses after a decade of revenue stagnation and low or negative profit margins.
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ArticleEssilux backs Stellest 2.0 claims with new peer-reviewed study, joins CCOI
On the heels of the presentation of its new Stellest 2.0 lens at the China International Import Expo in Shanghai last week, EssilorLuxottica has announced the publication of a new peer-reviewed study that supports its claims of higher efficiency in slowing the progression of myopia. The results of the study ...
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ArticleMister Spex resumes store expansion as bottom line takes a lighter shade of red
Mister Spex’s top and bottom line remained on sharply diverging trajectories in Q3 as the embattled German-based retail group continued to execute the strategic turnaround plan it launched about one year ago. The quarter was also marked by the acquisition of four optical stores in Germany. Sales drop, ...
