All Canada articles
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News briefsSpecsavers Canada store network reaches 100 locations
Specsavers has announced the opening of its 100th store in Canada, less than three years after it entered the country with the acquisition of Image Optometry, an independent retailer in British Columbia. The UK-based optical retail group said that its Canadian network now includes more than 200 optometrists, 250 opticians ...
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News briefs
New Look Vision Group launches AI sceening tool under IRIS banner
The New Look Vision Group has partnered with DIAGNOS, a Montreal-based stocklisted artificial intelligence (AI) company focusing on health care, for the development of an AI-powered tool for ocular disease screening. The Canadian-based optical retail group is launching the new tool under its IRIS banner, starting with 20 stores across ...
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News briefs
Hoya invests $10 million in Canadian labs
Hoya Vision Care has annouced that it would invest close to $10 million in the expansion of its Canadian lab network. The group’s Canadian subsidiary is the first optical lab in North America to have installed SCHNEIDER’s new Modulo Center One surfacing system for an improved efficiency, the announcement reads. ...
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News briefs
Lanctôt broadens portfolio with acquisition of Prisme Optical
Lanctôt, the distributor of sporting goods and eyewear brands in Canada, has announced the acquisition of the Prisme Optical Group, another Canadian distributor specializing in European eyewear brands. The company said the investment was aimed at broadening its offering in this segment and extend its market share in the country. ...
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News briefs
Specsavers opens 2,500th franchise shop
Specsavers has opened its 2,500th franchise store, this time at the Guildford Town Centre in Surrey, Canada. The franchisee there is the optometrist Dr. Mannie Dhillon. Founded 40 years ago in the U.K. by the married couple Doug and Mary Perkins, Specsavers made its debut in Canada in 2021 and ...
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Canadian retailer Clearly to expand at home
In an interview with Retail Insider, Arnaud Bussieres says that the Canadian eyewear retailer Clearly, of which he is CEO, will soon be opening 12 to 15 stores in its home market over the next two years. Owned by EssilorLuxottica, Clearly has been operating in Canada since 2013, when it ...
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ArticleSpecsavers announces $100 million investment in Canada
Shortly after the release of its annual results for the 2020/21 fiscal year, Specsavers disclosed further details on its strategy for its development in Canada, a market the group entered last year in May through the acquisition of Image Optometry, an independent chain with a total of 18 directly operated ...
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ArticleKits sales up 21%, ramps up eyeglass business
Kits Eyecare, a Canadian-based online retailer of contact lenses, eyeglasses and sunglasses that went public at the start of this year, reported a 21 percent year-on-year increase in H1 revenues to $42.1 million. On a constant currency basis, total sales went up by 28 percent as compared to the same ...
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Specsavers reportedly setting up Canadian office
According to well-informed sources in Canada, Specsavers is about to rebrand to its own banner the practices of Image Optometry , the independent network of eighteen stores and franchises that the U.K.-based retail group took over a few weeks ago . Canada would then become the eleventh country where ...
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ArticleAcquisitions and digitization fuel New Look Vision’s growth
New Look Vision Group , the Canadian-based retail group, reported a high double-digit increase in revenues for the third consecutive quarter, confirming a quick recovery from the impact of the Covid-19 pandemic. After respective growths of 17 percent and 25 percent in Q3 and Q4 in the ...
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News briefs
New Canadian distributor for Rodenstock
Rodenstock has announced the signature of a new agreement for the distribution of its lenses in Canada by Centennial Optical , starting May 1, 2021. Founded in 1967 and based in Toronto, Centennial Optical is a national distributor of lenses, eyewear and optical supplies to Canadian eye care professionnals ...
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New Look Vision Group changes hands
New Look Vision Group , a leading optical retailer in Canada, has announced an agreement for its acquisition by NL1 AcquireCo , a newly created investment vehicle composed of funds managed by FFL Partners , the Caisse de dépôt et placement du Québec ( CDPQ ), an investment fund ...
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News briefs
ABB starts distributing contact lenses in Canada
ABB Optical Group , a Florida-based provider of optical products and business solutions, has started distributing contact lenses to Canadian eyecare professionals. To serve its Canadian customers, ABB has opened a distribution center in Delta, British Columbia, and will employ about 20 people, and expects to expand during the year. ...
