All News briefs articles – Page 24
-
News briefs
Menicon overseas sales up 35 percent in H1
Menicon has reported an 11.8 percent year-on-year increase in half year sales to 54,129 million Japanese yen (€373 m). Vision care sales, which represent more than 90 percent of the group’s revenue, were up by 10.9 percent versus 2021. As in previous quarters, the sales’ momentum was driven by the ...
-
News briefs
More than half U.S. customers aware of blue light glasses, survey finds
According to a consumer survey by The Vision Council that involved over 15,000 adults earlier this year in the U.S., 25 percent of participants said they were currently using glasses or contact lenses that filter blue light. Half of consumers also said that they were concerned about the potential effects ...
-
News briefs
Optic 2000 partners with flash sales' website on eyewear recycling program
Optic 2000 is partnering with online flash sales’ specialist Veepee (formerly Vente Privée) for a one-week eyewear recycling initiative in November. Veepee members are invited to send up to two pairs of glasses, at no cost, and will receive a €15 voucher per pair in exchange for their participation, to ...
-
News briefs
Paris Miki sales up 5.6 percent in Q2
Paris Miki has reported a 5.6 percent year-on-year increase in total sales to 12,139 million Japanese yen (€84 m) for the second quarter of 2022, slowing down from the double-digit growth posted in Q1. Quarterly sales in Japan, which accounts for almost 90 percent of the group’s business, progressed by ...
-
News briefs
National Vision keeps expanding store network in spite of declining sales
U.S. optical retail group National Vision has reported Q3 revenue of $499 million, down by 3.6 percent compared to 2021. Comparable store sales decreased by 8.0 percent year-on-year for the quarter. These declines however mark a small improvement from Q2 where revenue and comparable store sales were down by 7.2 ...
-
News briefsVSP creates and fills chief revenue officer post
Source: VSP Vision VSP Vision has promoted Andy Skitmore to a new post, chief revenue officer of global sales: specifically of doctor-facing sales teams. Skitmore has been serving as Marchon Eyewear’s senior vice president of sales for the Americas. He will now be reporting to chief growth ...
-
News briefsQ3 sales up 8% at KITS
Kits Eyecare, the Canadian direct-to-consumer digital-eyecare brand and manufacturer of eyeglasses, saw sales rise by 18 percent year-on-year to $23.6 million during the first nine months of 2022. Sales were up by 8 percent year-on-year for the third quarter. Gross profit was up by 39 percent to a record $7.2 ...
-
News briefs
Mitsui’s SDC Technologies acquires Coburn Technologies
SDC Technologies, a subsidiary of Mitsui Chemicals specializing in coating material, has announced the full acquisition of Coburn Technologies, the supplier of ophthalmic lens processing systems and equipment to lens laboratories. Based in Connecticut, U.S., and founded in 1954, Coburn Technologies’ portfolio also includes eye examination machines for eye care ...
-
News briefs
Mitsui Chemicals vision care sales remain firm but terms of trade deteriorate in H1
Mitsui Chemicals has reported sales of 122 billion Japanese yen in its Life é Healthcare Solutions’ unit for the first half of the fiscal year, up 19 percent year-on-year, and a stable operating margin, at 11.3 percent. The division includes the Japanese group’s vision care business but also other product ...
-
News briefs
Visottica Group further expands portfolio with new acquisition
Visottica Group, the Veneto-based supplier of eyewear components, is pursuing its external growth strategy with the announced acquisition of a 60 percent share in Ethos, a company specializing in galvanic processes on brass, zamak, iron, fashion accessories and leather goods. Founded in 2018 and currently employing 18 people, Ethos expects ...
-
News briefsThe Vision Council surveys digital habits
Social media is on the rise in the eyewear and eyecare segments alike, according to a new report from The Vision Council: “Focused inSights 2022: Digital Habits,” a survey conducted in August on digital devices, eyestrain, online purchasing, social media and telehealth for eyecare. The sample comprised 3,102 U.S. adults. ...
-
News briefs
Izipizi launches sleep-facilitating glasses
Izipizi is launching Sleeping, a pair of glasses fitted with special lenses that are said to enhance the production of the melatonin hormone and thus reduce the time needed by wearers to fall asleep. The company said that it has developed a specific technology for the plano lenses, called Goodnight, ...
-
News briefs
Bausch + Lomb cuts guidance on currency headwinds, manufacturing ramp-up delay
Bausch + Lomb cut its guidance for full year adjusted Ebitda and revenues, after the negative impact of foreign exchange rates took its toll on third quarter results. The company now forecasts full year revenues of $3.70-$3.75 billion against previous guidance of $3.75-$3.80 billion, although it still anticipates organic growth ...
-
News briefsSnap and Amazon partner for virtual try-ons, actual purchases
Snap and Amazon Fashion have sealed a partnership to blend Snapchat’s virtual try-on function with Amazon’s e-commerce. Together the companies have established “3D asset standards” to bring Amazon’s eyewear catalog to virtual life. Now that images of these products have been prepared for augmented reality (AR), Snapchat’s 363 million users ...
-
News briefs
Topcon eye care business still driven by U.S. and Europe retail chains
Japanese equipment maker Topcon has reported a 25 percent year-on-year jump in revenue to 31.5 billion Japanese yen (€218 m) for its eye care division for the first half of the year. The group said that the sales increase was again driven by the U.S. and European markets, in spite ...
-
News briefs
French president suggests change in eyecare patients’ journey
Last week, replying to a question during a televised interview on access to eyecare, Emmanuel Macron hinted at a possible change to the current way in which French people consult ophthalmologists. Waiting times for ophthalmological appointments can exceed a year in some regions of France. Macron suggested that, in ...
-
News briefsCooperVision to make toric mutifocal contacts in the U.S.
CooperVision has added Biofinity toric multifocal contact lenses to the list of products it makes to order at its factory in Scottsville, New York. Within the next few months all lens six-packs destined for the U.S. and Canada will be turned out there, so as to cut out international shipping ...
-
News briefs
Afflelou launches ophthalmology teleconsultations’ service
After a successful test at five of its optical shops, Alain Afflelou has announced the launch of an ophthalmology teleconsultation service, which the company plans to implement in at least 25 stores in France by the end of the year. The remote service is aimed at facilitating access to ophthalmology ...
-
News briefs
New bill under review in French parliament threatens opticians’ margins
The 2023 bill regulating the financing of the social security system in France, which is currently being debated by French deputies, would significantly disrupt the optical retail in the sector if it were to be adopted in its current form. The wide-ranging bill establishes a list of healthcare-related products reimbursed, ...
-
News briefsPublic gets a look at Thélios and other LVMH brands
Thélios was among the many LVMH brands – from perfumeries Dior and Guerlain to watchmaker Tag Hauer and spirits specialist Hennessy – to open its doors to the public for the so-called “Journées Particulières” on Oct. 14-16. Some 600 visitors got a peek at the Thélios eyewear factory in Longarone, ...
