All CooperVision articles
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News briefs
CooperVision and AOA call for US optometrists to become myopia management advocates
Contact lens maker CooperVision and the American Optometric Association (AOA) have announced a new partnership with the launch of The Myopia Collective, an organization that aims “to rally the optometry profession and its allies to elevate the standard of care for children with myopia, shifting focus from mere correction to ...
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ArticleDisposable daily CLs momentum slowed down in 2023 in Europe, survey shows
Wholesale sales of soft contact lenses rose by 5.2 percent year-on-year to €2,157 million in 2023 for a group of 32 countries including 25 in Europe and a few others (Egypt, Israel, Saudi Arabia, Kuwait, South Africa and United Arab Emirates), according to the new annual report by Euromcontact, the ...
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News briefsWCO dispatching myopia ambassadors
The World Council of Optometry (WCO) has appointed four ambassadors to spread the gospel of its myopia-management standard of care resolution. Developed with CooperVision and introduced in April 2021, the resolution prescribes mitigation, measurement and management. The four ambassadors are: Nicola Logan, Jagrut Lallu, Síofra Harrington and Ashley Wallace Tucker. ...
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ArticleCooperVision raises 2024 guidance despite Q1 slowdown
As announced last December during the presentation of CooperCompanies full-year financial results, sales of CooperVision for the first quarter of its 2024 fiscal year ended Jan. 31 slowed down from Q4 2023 as the company is struggling to keep up with growing demand for contact lenses. After eleven consecutive quarters ...
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News briefs
WCO launches Latin American myopia management virtual event
The World Council of Optometry has announced the launch of its first Latin American-based virtual event that will take place on Feb. 20, 22, 27 and 29, 2024, in partnership with CooperVision. Dubbed “Myopia Management: From Theory to Practice” and elaborated with local opticians and optometrists’ organizations, the event will ...
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ArticleCooperVision slowed down by production capacity limitations
CooperCompanies has reported an 11 percent year-on-year revenue increase to $622.9 million for its CooperVision division in the last quarter of its 2023 fiscal year ended Sept. 30. Quarterly sales of contact lenses were up by 9 percent at constant exchange rates and by 11 percent organically compared with Q4 ...
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News briefs
CooperVision gets LEED Gold certificate for Puerto Rico factory
CooperVision has announced that its contact lens factory in Puerto Rico has seen its LEED Silver certification upgraded to the LEED Gold level. The 540,000 square meter plant where the company produces its MyDay and Biofinity products is the second CooperVision manufacturing facility to be certified LEED Gold, after the ...
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News briefs
CooperVision appoints new director of global professional affairs
CooperVision has announced the creation of a unified and full scope Global Professional Solutions unit to expand its partnerships with eye care professionals (ECPs) worldwide. The new organization will be led by Dr. Karen Walsh who joined the company in 2021. Prior to that, Dr. Walsh was an educator, researcher ...
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News briefs
SightGlass Vision releases first white paper on DOT
SightGlass Vision, the myopia management glasses joint venture between EssilorLuxottica and CooperVision, has released on its website its first white paper on its Diffusion Optics Technnology. Aimed at eye care professionals, the document provides information on the relationship between artificially high contrast signals at the retina and myopia progression, on ...
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ArticleCooperVision accelerates in Q3, upgrades full-year forecast
CooperCompanies has reported an 11 percent year-on-year revenue increase to $630.2 million for its CooperVision (CVI) unit in Q3, marking the tenth consecutive double-digit quarterly progression and an acceleration from the previous quarter (+6 percent). Sales of contact lenses were up by 12 percent at constant exchange rates and by ...
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ArticleTwo retail groups top our Q2 stock price chart
Stock prices of eyewear industry companies confirmed in Q2 their upward trend started in the previous quarter. On a non-weighed average basis, they increased by 12.5 percent quarter-on-quarter overperforming the 6.3 percent rice of MSCI World, a global index comprising over 1,500 companies. EWI Stock price chart Q2 2023 ...
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News briefs
CooperVision launches back-to-school campaign on myopia management
CooperVision has announced the launch of a three-pronged back-to-school communication campain in the U.S. on myopia management. This new consumer-oriented initative is aimed at generating awareness, educating and informing, and driving action with parents and eye care professionals (ECPs), the company said. The campaign will include the publication of myopia ...
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ArticleCooperCompanies upgrades outlook after solid Q2
CooperCompanies has reported a 6.4 percent year-on-year revenue increase to $589.3 million for its CooperVision unit in the second quarter of its fiscal year, ended April 30. The division topline was up by 10 percent at constant currencies and organically, marking its ninth consecutive quarter of double-digit growth, the company ...
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ArticleDo soft contacts contain PFAS?
An American blog has commissioned a laboratory to test 18 varieties of soft contact lens, from three brands, and found that all contain the same “marker” – an organic fluorine – for per- and polyfluoroalkyl substances, or PFAS. PFAS are commonly called “forever chemicals,” because they do not break down ...
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News briefsA German contact-lens portal
The Spectaris Contact Lens Circle and an industry initiative called Kuratorium Gutes Sehen (KGS) have set up an internet portal to persuade wearers of glasses to try contact lenses. The German website (kontaktlinseninfo.de) is described as comprehensive and neutral with respect to brands and manufacturers. It reviews the full range ...
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ArticleEyewear stocks start 2023 on the right foot
Stock prices of eyewear companies were off to a good start of the year, with an average growth of 13 percent on a non-weighted basis in Q1 2023 compared with Q4 2022. It is the first time in more than a year that their average value significantly increased, overperforming the ...
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News briefs
Spescavers launches myopia management in domestic market
The Specsavers group has announced that it was launching the myopia management product category in the U.K. and the Republic of Ireland after having trained clinicians and retail colleagues through online sessions and roadshows. The company noted that the training of retail staff was aimed at giving them an understanding ...
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ArticleMyDay, myopia management keep driving CVI
CooperCompanies has reported a 4 percent year-on-year increase in revenue to $581 million for its CooperVision unit in the first quarter of its fiscal year. In organic terms, sales went up by 10 percent versus Q1 2022 with homogenous growth across all region. The sales’ momentum was driven by daily ...
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News briefs
WCO holds second edition of online myopia management event
The World Council of Optometry (WCO) and its partner CooperVision are holding its second global virtual event dedicated to myopia management on Feb. 16. Called ”Advancing the Global Standard of Care”, the online conference will include five presentations by eye care professionals (ECPs) on different myopia management issues and a ...
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News briefsOrtho-k preferred myopia management method, study says
A recent study funded by the U.S. National Institutes of Health and CooperVision Specialty Eyecare suggests that orthokeratology (ortho-k) is, as Cooper’s press release puts it, the “preferred method of myopia management in physically active children and adults.” “Patient and Parent Perceptions of Myopia Modalities” (by L.J. Lattery, C. Chao, ...
