Latest News Briefs – Page 2
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News briefs
TVC advocates against expansion of US tariffs to more optical products
The broad product definition of two ongoing US national security investigations might encompass optical products and lead to more tariffs, The Vision Council signals. We also find they could include smart glasses.
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News briefs
Alibaba’s AI glasses hitting the market
Alibaba, as Seeking Alpha and ZDNet report, is proceeding to market with its Quark AI Glasses, which we detailed back in July. We now know their price: 4,699 yuan renminbi (€570) per pair, with discounts for Alibaba members. This is in keeping with the glasses’ native use of Alibaba services ...
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News briefs
Revo kicks off UMG partnership with Rolling Stones collection
Revo, the US brand specializing on polarized eyewear, is partnering with Universal Music Group and Bravado, the entertainment group’s merchandising branch, for the creation of exclusive eyewear collections celebrating “artists who shaped culture through music and style.” The series starts with a Rolling Stones sunglasses collection of nine designs, including ...
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News briefs
ANFAO and other Italian fashion industry associations conclude Brazilian tour
ANFAO, the Italian eyewear industry association, has just concluded a promotional tour of three major cities in Brazil (Belo Horizonte, Sao Paulo and Rio de Janeiro), along with other Italian fashion-related industry associations. The tour was organized by the Italian Trade Agency (ITA) with financial support from the Ministry of ...
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News briefs
New alliance in French retail market gives birth to 3,000-shop purchasing powerhouse
Luz, an optical buying group with 2,200 members, and Atol, a voluntary retail group with 800 members, are joining forces to create Vizio, a common organization for the purchase of optical goods and services. The partnership hopes to reach critical mass in purchasing power, to guarantee the competitiveness of both ...
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News briefs
Laclarée appoints new CEO ahead of product launch
Laclarée, the French-based company developing autofocal glasses, has hired Franck Leclere at its new CEO. Leclere joins the company from Morellato Group, an Italian watch and jewelry company where he has served as Managing Director for France and Benelux since 2022. Earlier in his career, the executive held senior management ...
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News briefs
Lenskart IPO kicks off on Oct. 31
Indian-based optical retail group Lenskart’s Initial Public Offering (IPO) is scheduled to take place from Oct. 31 to Nov.4 with institutional investors getting a head start on Oct. 30. The group has set a price range of between 382 and 402 rupees (€3.7-€3.9) per share corresponding to a maximum fundraising ...
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News briefs
EssilorLuxottica’s main investor Delfin sees profits double in 2024
Delfin, the investment company of Italy’s Del Vecchio family, and the largest shareholder in EssilorLuxottica, reported profits of €1.39 billion in 2024, up by 105 percent compared to the year earlier, according to Italian media reports. The increase came as Delfin’s dividends from its 32.2 percent stake in EssilorLuxottica, 28 ...
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News briefsMore smart-CL prototypes from Xpanceo
Xpanceo introduced six prototype smart contact lenses at the latest edition of Gitex Global, held in Dubai on Oct. 13-17. They were: Interactive Smart Contact Lens for AR Vision Holographic Smart Contact Lens for AR Vision with Helmet Companion Compact Companion for Smart Contact Lens Smart Contact Lens with ...
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News briefs
Advanced AMD patients recover sight in clinical trial
People suffering from advanced dry age-related macular degeneration (AMD), and considered legally blind, could read again thanks to a subretinal photovoltaic implant combined with a pair of augmented reality (AR) glasses, a study published earlier this week in the New England Journal of Medicine revealed. The clinical trial involved a ...
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News briefs
Topcon acquires Toku
Topcon Healthcare is adding one more brick to its Healthcare from the Eye program with the acquisition of Toku, a San Diego-based AI health-tech company that originated in New Zealand. Topcon, along with US retail group National Vision, already led an $8 million Series A investment round in Toku in ...
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News briefs
EssilorLuxottica reinforces AI and medtech expertise with new acquisition
EssilorLuxottica announced its seventh M&A operation this year with the acquisition of Ikerian, a Swiss-based medtech startup founded in 1990 and operating under the RetinAI brand that will further reinforce the group’s medtech offering. RetinAI’s area of expertise is artificial intelligence (AI) and data management in eye care. It develops ...
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News briefs
Alcon secures incentives to move two manufacturing lines from Europe to Fort Worth HQ
Alcon has secured up to $6 million in grants to relocate two contracted European manufacturing lines to the eyecare company’s headquarters in Fort Worth, Texas. The incentive package was recently approved by the Fort Worth City Council as part of an economic development program agreement with Alcon that is in ...
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News briefs
Leica Eyecare launches myopia management lens
Leica Eyecare, the ophthalmic lens subsidiary of Leica Camera, is entering the myopia management lens category, highlighting the growing importance of the segment. Called MONOVID MYOPIA, the lens incorporates more than 1,000 evenly spaced microlenses with an additive effect of +5.00 diopters, creating a myopic defocus in front of the ...
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News briefs
Johnson & Johnson Q3 contact lens sales grow 5%
Johnson & Johnson reported contact lens sales of $1,018 million in the third quarter of 2025, up by 5.2 percent compared to the year earlier and 3.5 percent higher at constant currency rates. The increase in J&J’s top line was driven by market growth, the strong performance of the Acuvue-Oasys ...
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News briefsSea2See opens first branded shop
Sea2See, the eyewear brand manufacturing frames from marine waste material, is opening its first branded eyewear store in Grenoble, France. The venture is a partnership with Julien Clavel, an independent optician. The 95 square-meter shop showcases Sea2See’s entire collection and offers a range of optical services, including contact lenses. The ...
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News briefs
Myopia management lens market up approximately 20% in Europe
The market for myopia management lenses in four key European markets (France, Germany, Italy and Spain) rose by 18 percent in value to €48 million in the first half of 2024, according to a report by NIQ-GfK. The research company also found that the market for myopia management contact lenses ...
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News briefsMeta expands its own retail network
Meta is turning its pop-up in Los Angeles, the now-closed Meta Lab, into a 20,000-square-foot flagship, according to RoadToVR, Social Media Today and others. The company is also opening pop-ups in New York and Las Vegas, all in time for Christmas. The flagship, on Melrose Avenue, is set to open ...
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News briefs
Design Eyewear Group acquires six brands from French company KNCO
Design Eyewear Group has acquired six brands from French eyewear company KNCO, marking its entry into children’s eyewear and doubling its portfolio to 20 brands in recent months.
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News briefs
Report highlights generational gap in contact lens perception
Younger generations seem to be more interested in technical advancements in contact lenses, according to a survey of 1,308 US and Canadian people with correction needs that was commissioned by the Contact Lens Institute (CLI), the US contact lens industry association. Asked about eight types of contact lens ...
