Eyewear Intelligence: Vol 24 - No 5+6
EssilorLuxottica posts record revenue for 2022 despite Q4 slowdown | Safilo targets 4% annual growth pace for 2023-2027 | Safilo turns to luxury eyewear and fashion companies for its Longarone plant | Kering Eyewear invests in supply chain with new acquisition | ZEISS Vision Care advocates carefulness over speed in myopia management | ZEISS to accelerate in AR/VR glasses as tooz’ sole owner | The second demise of Google Glass | Fielmann eyes new investments, cost-cutting as 2022 sales inch up and profits fall | Synsam keeps growing but adjusts to tougher market | National Vision in the red in Q4 as uninsured customer base is hit by inflation | Warby Parker sees more store openings, looks to improve profitability after mixed Q4 | MyDay, myopia management keep driving CVI | Bausch + Lomb Q4 contact lens sales fall 4%, prepares to launch SiHy lenses in new markets | Up 21% in 2022, TOG forecasts 5-8% growth this year | KITS Eyecare up 11% last year, 29% in Q4 | Fast-growing Woodys moves to new HQ | Kubota Glass reports first sales, expands distribution in Japan
Eyewear Intelligence: Vol 24 - No 3+4
MIDO bounces back strongly | ANFAO turns focus to costs after exports jumped in 2022 | Kering Eyewear speeds over the €1bn mark | Good 2022 results for Safilo, but Longarone plant’s future uncertain | HOYA announces mixed Q3 results, global partnership with NIDEK | Inspecs 2022 revenue up 9% | Johnson & Johnson Q4 CL sales grow 7.7% at constant FX | GFK sees French market up 5% in 2022, EU4 flattish | Brits cutting back on eye care, surveys show | Essilux to launch new AI-powered Varilux lens | The trade-off game behind Ray-Ban Stories | New top management structure to steer | AGRABi’s expansion plans | ACEP looks abroad for growth | New EU product safety law will be a game changer
Eyewear Intelligence: Vol 24 - No 1+2
Exports jump and new projects for Italian eyewear but ANFAO warns of looming crisis | The Vision Council sees a much bigger but flat U.S. market for 2022 | German optical associations release new market data at opti | A look at the year ahead | Industry top five average stocks’ value up 11% in Q4 | Specsavers owners place company in family trust | Fielmann expands Spanish business with new acquisition | Synsam sticks to financial targets, details strategy on Capital Markets Day | Afflelou up 2.1% in Q1 with return to growth in France | Zeiss Vision Care up double digits in 2021/22 | Top management changes at Rodenstock Group | Meta acquires 3D-printed ophthalmic lens company Luxexcel | TCL and others unveil new smart glasses at the CES show | Innovative Eyewear and ABG partner in smart audio glasses | Product carbon footprint, circularity and 3D print on Ace & Tate sustainability agenda | Downsized opti to focus on myopia management and sustainability
Eyewear Intelligence: Vol 23 - No 23+24
Marcolin to invest $250m in TOM FORD perpetual license | De Rigo to acquire Rodenstock eyewear division | Eyewear companies climb in Deloitte luxury players’ ranking | Morel puts focus on direct distribution, brand heritage and CSR | Record revenue but lower margins for Cooper | Synsam keeps double-digit sales’ growth pace but profit ratios decline | Slight profitability decline for Specsavers in 2021/22 as investments resumed | Warby Parker details strategy at Morgan Stanley conference | Optiswiss maintains focus on ECPs, innovation and premium products | German industry association calls for urgent measures to protect SMEs | Spain’s optical manufacturers expect a record spring | Carl Zeiss Meditec ends year with 15 % topline growth and full order book | Covid has highlighed the importance of trade fairs | Consumer sentiment slightly improves in Europe
Eyewear Intelligence: Vol 23 - No 21+22
EssilorLuxottica revenue up 8.2 % in Q3 | Essilor and EssilorLuxottica fined €81 m by French market watchdog, will appeal | Fielmann sticks to long-term plan as headwinds pressure sales and profits | Q3 sales and profits’ decline in Germany weigh on Fielmann results | Mister Spex maintains guidance after outperforming market in Q3 | Afflelou sales up 2 percent for the year despite Q4 slowdown | Warby Parker adjusts outlook upwards after beating guidance in Q3 | HOYA posts 10% lenses’ revenue hike in Q2, launches private label CLs | Kering Eyewear well on track for €1 bn annual revenue mark | Safilo maintains growth pace, except in the U.S., improves margins | Marcolin confirms sales momentum, margins’ consolidation in Q3 | Johnson & Johnson Q3 contact lens sales inch up 3.0% as class action litigation settled | Mixed results for JINS | Skugga to launch new financing rounds to accelerate development | Equipment suppliers discuss future of lens manufacturing at Lenskart’s event | ECOO addresses myopia management and digital eye care | National Vision releases sustainability report
Eyewear Intelligence: Vol 23 - No 19+20
Good momentum at Silmo Paris | Fielmann opens subsidiary in France, appoints general manager | French market up 16% in 2021 with little impact from healthcare reform | French supermarket chain invests in Sym Optic | Backed by private equity fund, Cosium eyes international expansion | Leading French buying group evaluates lens suppliers | Under new ownership, DEG acquires William Morris | New owners for Cébé | Bollé accelerates in RX | Fast-growing Blickers launches private label | MPG prepares for integration of former GrandVision stores | New report puts global ophthalmic lenses and frames’ market at €22bn | Strong stock price variations for eyewear companies in Q3 | U.S. eyecare market insulated from inflation, CLI survey says | Arts Optical grows 12%, driven by wholesale and lenses
Eyewear Intelligence: Vol 23 - No 17+18
Fielmann invests €65 m in high-tech facility in Czech Republic | Fielmann sees profits squeezed in H1 | Challenging market conditions lead Mister Spex to downgrade outlook | Synsam keeps up growth as Swedish factory comes online | Warby Parker slashes sales outlook, cuts jobs despite 14% growth in Q2 | National Vision cuts sales outlooks as Q2 sales continue decline | CVI up 11% organically, sees myopia management segment breaking even | Inspecs lifts HY profits but sees tough trading in Europe | Materialise sees its eyewear volumes triple within 5 years | Nathalie Blanc partners with L’Amy America for the U.S. market | Jimmy Fairly to boost retail network, enter 3 new countries | IOFT reopens for international business | New myopia control trial results announced at IMC | The Vision Council releases its consumer survey update for Q2
Eyewear Intelligence: Vol 23 - No 15+16
Specsavers sales up 25% in 2021/22, driven by domestic market | Fielmann announces cost reductions and strategic adjustments | EssilorLuxottica profits up in H1 but sales decelerated in Q2 | HOYA eyeglass lenses up 7% in Q1 | Kering Eyewear doubles operating income in H1 | Sales growth and higher margins put Safilo ahead of 2024 business target | Marcolin maintains growth pace in Q2 | M&A, organic growth, digital and training fuel CECOP Group | ZEISS invests in liquid crystal tech eyewear start-up | Essilux partners with Polimi on €50 m smart eyewear R&D center | Spain’s optical sector all but recovers in 2021 | French industry survey shows double-digit inflation for raw materials | Walmart enters partnership with Waldo | Apollo Optik celebrates 50 years | Sun Hing Vision Group posts 25% revenue increase for 2021
Eyewear Intelligence: Vol 23 - No 13+14
Leonardo Del Vecchio passes away at 87 | Italian eyewear exports shot up in Q1, ANFAO to launch own sustainable label | Eyewear companies stocks down by 17% in Q2 | Higher demand for high-index lenses drives Mitsui vision care unit | Transatlantic retail alliance inks deals with Hoya and Rodenstock | Fielmann’s Q2 sales rise 8%, profits squeezed | Afflelou Q3 growth driven by COVID recovery, DOS and hearing aids | Lenskart accelerates in Asia with Owndays’ takeover | Julbo is changing hands | Fast-growing Inspecs boosts manufacturing base | Eschenbach launches online Academy to grow low vision segment | Italia Independent plans cash call, restructuring after losses widen in 2021 | Paris Miki to invest €50m in 3-year turnaround plan | Arts Optical up 55% in 2021, back in the black
Eyewear Intelligence: Vol 23 - No 11+12
Kering Eyewear sets €2bn annual revenue target | New HOYA CEO presents group’s roadmap | Consumer markets up by 9% in H1 at ZEISS | Rodenstock acquires Indo | Rodenstock adds M&A to technology in growth mix | ZVA confirms German market rebound, but lack of opticians endures | CooperVision up 11% in Q2, to exit CL solutions’ segment | Bausch + Lomb sees earnings squeezed in Q1, confirms FY sales guidance | Sales and profits’ rebound at Topcon eye care unit | Warby Parker confirms FY outlook after Q1 sales take Omicron hit | Lenskart starts a $100m fund for DTC eyewear brands | Topology rolls out its technology outside North America | Luna launches refraction exam app | Low eyewear-VTO awareness leaves untapped potential, survey says | APAC has become world’s largest online eyewear market, research finds | Child-myopia awareness on the rise in France, survey says | Out Of to accelerate optical distribution
Eyewear Intelligence: Vol 23 - No 9+10
Italian eyewear recovery driven by eyeglasses’ frames | MIDO on the starting blocks | Fielmann sales up 9% in Q1 despite headwinds | Mister Spex Q1 sales up 6% despite flat | rescription eyewear business | Synsam maintains growth pace, ramps up Swedish factory | Optic 2000 group just over €1bn in revenue last year | National Vision outlook down, prices up as inflation bites | Hoya lenses sales up 7% in Q4, margins slightly down | Biometric lenses boost Rodenstock sales and profits | European rebound fueled Safilo Q1 growth | Marcolin builds on 2021 momentum in Q1 | Strong wholesale and retail rebound for De Rigo in 2021 | Bausch + Lomb sees 5% organic sales growth in Q1 as IPO wraps up | Ortho-k and overseas market keep driving Menicon | Russian contact lenses market in turmoil | Myopia management research updates presented at ARVO | Lentesplus raises $9m for development in LATAM | New French retailer wants to ride the healthcare reform wave
Eyewear Intelligence: Vol 23 - No 7+8
Essilux wraps up GrandVision buy-out, changes top management | Strong Q1 for EssilorLuxottica | Revenue boost for Kering Eyewear in Q1 | Mister Spex looks to accelerate revenue growth in 2022 | Pro Optik reports strong growth, plans further digitization | Afflelou sales rebound in Q2 after Q1 drop | KRYS GROUP announces €50 million investment plan | Eyewear industry stock prices down 13% in Q1 | Sales of contact lenses in Europe rebound slightly over 2019 level | Lens maker Shamir invests in eye tracker Blink | Mykita fully switches to sustainable acetate | Christopher Cloos swaps shares for ads with U.S. media group | EssilorLuxottica to acquire Fedon | Fedon annual revenues rise as demand rebounds from Covid pandemic
Eyewear Intelligence Newsletter: Vol 23 - 5+6
The German and French eyewear markets back over pre-pandemic levels | Kering Eyewear acquires Maui Jim | Essilux up 7% in 2021 vs. 2019, finalizes an acquisition and a divestiture | Fielmann sales jumped 19% last year | Synsam posts record sales and profits | Good start of the year for Safilo | EMEA and APAC drove CVI in Q1 | U.S. market up 5% in 2021 vs. 2019 | National Vision cautious for 2022 after posting record results for 2021 | Warby Parker posts higher sales and losses, partners with Eastman | TOG shifts to more high-value products | Essilux restricts operations in Russia | Russian market braces for shortage
Eyewear Intelligence Newsletter: Vol 23 - 3+4
Kering Eyewear up 45% in 2021 | Safilo boosts sales and profitability | Acquisitions drive Inspecs’ growth | Hoya posts record revenues and profits | Alain Afflelou family holding doubles its stake in the group | EssilorLuxottica starts rolling out its new sales program in Europe | Eastman to start new plant in France | 1-800 Contacts launches tech company | Netlens acquired by online retail group | Blue light glasses vs. blue light filters? | JINS tests violet light for myopia control
Eyewear Intelligence Newsletter: Vol 23 - 1+2
Specsavers doubled profits in Covid year, earmarks $100 m investment for Canada | MPG accelerates in retail | HOYA appoints new CEO | Bausch files for IPO of eyecare business | Top 5 eyewear companies stock up 5% | U.S. market confirms rebound in Q3 | Restart for Vision Expo East in NY | Mojo Vision partners with sport brands | Ocuco invests in myopia treatment IT firm | Pro Optik discusses future plans online | Icare Group gets EcoVadis silver
Eyewear Intelligence Newsletter: Vol 22 - 23+24
LVMH takes full control of Thélios | Akoni adds Valentino to portfolio | Mykita opens first shop in South America | Essilux divests in Italy, invests in Sweden | Zeiss reports record revenue in 175th year | EMEA drove CooperVision in Q4 | Subscription plans boost Synsam sales | Mister Spex sales up 11% in Q3 | Afflelou annual sales top 2019 level | Kering Eyewear banks on blockchain for supply chain sustainability | Visottica consolidates group structure | Ukraine chain rolls out major growth plan
Eyewear Intelligence Newsletter: Vol 22 - 21+22
DTC and America drive Essilux’ growth | GrandVision up 10% in Q3 vs. 2019 | Fielmann 15% above pre-Covid level | Warby Parker sees quarterly sales soar but remains largely in the red | Successful IPO for Synsam | Hoya lenses’ sales inch up in Q2 | Kering Eyewear, Safilo and Marcolin post strong sales increases for Q2 | Charmant launches new brand in Europe | Microoled partners with mobility startup | bbase shares sustainable materials’ index | JINS posts 6% sales hike for the year
Eyewear Intelligence Newsletter: Vol 22 - 19+20
Good restart for Silmo in Paris | Italian exports recover faster than expected | U.S. market back over 2019 level in Q2 | Essilux targets full ownership of GV | Mister Spex’ sales up 25% in H1 | Nordic optical retail leader goes public too | Eyewear industry stocks up 3.5% in Q2 | First launch for SightGlass Vision | Bollé builds up management team | FittingBox welcomes Asian investor | Shift in the French optical market | Sustainability: the demo lens challenge
Eyewear Intelligence Newsletter: Vol 22 - 17+18
Marchon on track for a record 2021 | Fielmann sees sales surge in Q2 | Ahead of IPO, Warby Parker discloses sales and profit figures, future strategy | CooperVision gears up for MiSight | Inspecs eyes new buys after good H1 | Kits sales up 21%, .ramps up eyeglasses | Facebook launches smart Ray-Ban | New Franco-German owners for J.F. Rey | Hawkers opens first Spanish factory | VSP explores the future of the eye | DaTE participation up 50% from 2020 | Sustainability: the demo-lenses challenge
Eyewear Intelligence Newsletter: Vol 22 - 15+16
EssilorLuxottica delivers strong Q2 | Luxottica facing €125m fine in France | GrandVision close to full Covid recovery | Fielmann accelerates in H1 | Hoya back to pre-Covid levels | Kering Eyewear tops 2019 sales by 22%, acquires luxury brand Lindberg | Safilo, Marcolin rebound strongly | Silmo announces 500+ exhibitors | Jimmy Fairly, GLCO change hands | Essilux opens new innovation center | Demo lenses find new life in frames | Luxexcel steps up in smart lenses