All News briefs articles – Page 19
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News briefs
Five U.S. eyewear designers launch 2nd Pride Eyewear program
To celebrate Pride Month in June, five eyewear designers and members of the Council of Fashion Designers of America (CFDA) will each offer a limited edition sungass design. Companies taking part in the charitiy program are Blake Kuwahara Eyewear, Christian Roth Eyewear, Krewe Eyewear, l.a. Eyeworks and Selima Optique. Parts ...
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News briefsA web tool for sunglass protection in Spain
Along with the Optics and Optometry School of Terrassa (FOOT, at Polytechnic University of Catalonia) and the Spanish Association of Optical Manufacturers (AEO), Visión y Vida has developed a digital system to match lens filters to the needs of sunglass wearers. It is free of charge and consists of a ...
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News briefs
A report on Vision Expo East 2023
The organizers of Vision Expo East, the Vision Council and RX, have expressed their satisfaction about the last edition of the show that just closed its doors on March 19 in New York, after three days of what was described as “the largest gathering of ophthalmic professionals in the U.S. ...
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News briefs
ZVA releases preliminary German market figures, announces new president
According to preliminary figures announced by the Zentralverband der Augenoptiker und Optometristen (ZVA) at his annual meeting last week, the German optical market value inched up by 2 percent year-on-year in 2022, with brick-and-mortar outperforming, notably in the area of prescription lenses, while online sales were said to have dropped ...
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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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News briefs
Abu Dhabi invests $500 m in Lenskart
Abu Dhabi Investment Authority (AIDA), a sovereign wealth fund owned by the Emirate of Abu Dhabi, is investing $500 million in Indian-based retail group Lenskart, various Indian business media just confirmed. AIDA’s investment will mostly consist of secondary share sales as early investors in the group, including largest shareholder SoftBank, ...
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News briefs
MYKITA closes stainless steel supply loop
MYKITA has announced that it has achieved full circularity for the production of its stainless steel frames in collaboration with Alleima, its longstanding supplier of the material. Stainless steel glasses have been a staple in the German brand’s portfolio since its early days and still account for roughly 65 percent ...
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News briefs
Spectaris launches forum to help members comply with EU regulations
The German industry association Spectaris is expanding its services for the ophthalmic optics industry with the new information forum “Regulatory Forum for the Ophthalmic Optics Industry” (RFAO), which is intended to assist in complying with increasingly complex statutory and legal requirements of the European Union. The RFAO is expected to ...
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News briefs
A wind-powered Essilux
EssilorLuxottica has signed a 12-year Power Purchase Agreement (PPA) with ERG Power Generation in Italy. Taking effect this year, the contract covers the provision of about 900 GWh of electricity from renewable sources, or about 75 percent of production at ERG’s Partinico-Monreale plant, near Palermo. The plant is replacing all ...
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News briefs
Vuzix reports weakeking sales and widening loss for 2022
Vuzix, the U.S.-based manufacturer of AR smart glasses for professionals, has announced a 10 percent year-on-year revenue drop to $11.8 million for 2022. Beyond the challenging macroeconomic environment and supply chain issues, the decrease was attributed to a reduction in overall unit sales, higher discounts to resellers and negative currency ...
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News briefs
Tech company STS rebrands to Ditar
STS, a Belgian-based tech company supplying applications for e-commerce in the eyewear sector, is rebranding to Ditar, which stands for digital innovation through augmented reality. Ditar launched last month Magic Mirror, an app that allows customers to scan their faces and suggests frames that both fit their look and current ...
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News briefs
Alcon sees 6% contact lens sales growth in Q4
Alcon reported sales contact lenses in the fourth quarter ended Dec. 31 of $530 million, reflecting constant currency growth of six percent but down by a reported one percent due to currency headwinds. Sales growth continued to be led by silicone hydrogel contact lenses, including the Precision1 and Total product ...
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News briefs
Afflelou collected 220,000 used glasses last year in France
The Afflelou Group has announced that it collected over 220,000 pairs of used glasses from consumers in 2022 through dedicated boxes deployed at its 780 stores, mostly franchised, in France. The operation, dubbed Green by Afflelou, was launched in May 2021 in partnership with the MEDICO LIONS CLUB DE FRANCE, ...
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News briefs
100% Optical announces record participation
The organizers of 100% Optical have announced that the last edition of the trade show, which took place from Feb. 25 to 27, was attended by a record-breaking 10,657 attendees or 10 percent more than in 2022. Over 250 eyewear companies were exhibiting their products and services. The U.K. show ...
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News briefs
Fast growth but red ink for Lenskart in 2022, new funding round in progress
Eyewear retail group Lenskart has launched a new funding round for an estimated $400-$500 million according to several reports in the Indian business media. The round would however consist for a large part of secondary share sales as early investors reportedly plan to divest some of their stake in the ...
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News briefs
Paris Miki up 5 % in Q3
Japanese retail group Paris Miki’s revenue increased by 4.9 percent year-on-year to 36.0 billion Japanese yen (€250m) in the third quarter of its 2023 year. For the first nine months, total sales were up by 7.0 percent versus 2022. Q3 revenue in Japan rose by 5.0 percent to ¥31.9 billion ...
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News briefsEssilux extends deal with U.S. retail giant
EssilorLuxottica’s renewed multi-year deal with Target took effect on Feb. 12. The U.S. retail chain sells eyewear products and services through Target Optical, which is present within some 560 of its big-box stores and operates the website TargetOptical.com.
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News briefsMyopia worsening in Spain
According to a report by Vision y Vida, a 65-year-old association of public utility in Spain, the spread of myopia is about to become pathological – in the technical sense. It points out that already some 62.5 percent of Spain’s university students are myopes. Worse still, however, is the situation ...
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News briefs
Zeiss launches myopia management in Europe
ZEISS has announced the launch of MyoCare, its myopia management lens, in Europe from next April. The group said it has over ten years of experience in basic and clinical research and the succesful use of ZEISS Myopia Management in Southeast Asia. ZEISS however stressed that the prevalence of high ...
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News briefs
Afflelou network passes €1bn in annual sales
The Afflelou group has announced external sales of €1,012 million (including VAT) in calendar year 2022 for its optical and hearing aid business, passing the symbolic €1 billion mark for the first time. Network sales were up by 3.2 percent compared to 2021. In 2022, the retail group opened 21 ...
