All News briefs articles – Page 4
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News briefs
HOYA Vision Care acquires Centennial Optical
HOYA Vision Care is acquiring Centennial Optical, a Canadian distributor of eyeglasses frames and lenses, sunglasses, lens lab supplies and optical accessories. Centennial’s current lens portfolio includes Rodenstock, Kodak Younger Optics and two house brands (CHOICE and Centroptic). On the frames side, its offering includes brands such as Ben Sherman, ...
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News briefs
EssilorLuxottica issues €1bn bond
EssilorLuxottica successfully launched a bond issuance for €1 billion yesterday, with the order book peaking at €2.5 billion and attracting quality institutional investors, the group said. The bond, which will mature in January 2030, carries a coupon of 2.625 percent with a yield of 2.76 percent. The group said that ...
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News briefs
VSP Vision provided over $1m to optometry students through debt relief program
VSP Vision announced that it has provided over $1 million in debt relief through its optometry student loan repayment program, which started in 2023. The company has supported 30 optometry students for the repayment of their loans and plans to fund 20 new recipients this year. Not limited to ...
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News briefs
Tifosi Optics appoints new COO
Tifosi Optics, the US brand of sports eyewear, has appointed Michelle Crockett as its new Chief Operating Officer. Crockett joins Tifosi Optics from C&C Consultant Services, where she provided interim leadership and strategic support for eyewear companies like Smith Optics (Safilo Group) and Glasses USA. Her previous experiences include senior ...
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News briefs
Gentle Monster parent company revenue up 30% in FY2024
According to several reports in several South Korean news outlets, including here, iiCombined, the parent company of Gentle Monster, has posted sales of 789.1 billion korean (€505m) won in fiscal 2024, up 29.7 percent year on year. The eyewear brand accounted for roughly 80 percent of total revenue, followed by ...
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News briefs
Hoya Lens Iberia has a new managing director
HOYA Lens Iberia has announced the appointment of Jaume Sugrañes Mailho as it new Managing Director, overseeing the company’s business in Spain and Portugal. Sugrañes Mailho joined HOYA in 2019 as Sales Manager for Spain and has served as Business Development Director for Western Europe since January 2024. Earlier in ...
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News briefs
Topcon Healthcare invests in AI health tech company
Topcon Healthcare is making a strategic investment in Pangaea Data, a health tech and artificial intelligence (AI) company specializing in the automatic identification of untreated or under-treated patients for health care practitioners. Pangea Data operates offices in San Francisco, London and Hong Kong. The company’s platform, already deployed in several ...
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News briefs
iVision Tech’s iSee smart glasses registered as Class 1 medical device
The Italian eyewear group iVision Tech said that its iSee smart glasses for the blind and visually impaired have been officially registered with the Italian Health Ministry as a Class 1 medical device, a designation that makes them eligible for government contributions for visual disabilities. The registration indicates that the ...
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News briefs
Safilo supply agreement with Kering Eyewear extended until 2029
Safilo Group has announced the early renewal of its supply agreement with Kering Eyewear until 2029. The supply agreement between both groups started in 2015 after Kering decided to produce its eyewear licenses in-house, which led to the early termination of Safilo’s Gucci license. In a 2019 Eyewear Intelligence article, ...
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News briefs
Inspecs founder to step down from the company’s board
Inspecs Group has announced that Robin Totterman will step down from his role as executive chairman at the company’s annual general meeting on June 3. Christopher Hancock, the group’s senior independent director will take over the role until a new non-executive chairman is appointed, no later than the end of ...
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News briefs
Spain planning subsidy for children’s glasses, contacts
The government of Spain – as represented by President Pedro Sánchez and Minister of Health Mónica García – has announced a subsidy of €100 towards the purchase of corrective glasses or contact lenses for children, Moda en gafas and others report. The scheme is part of the Plan Veo (the ...
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News briefs
British DTC eyewear brand raises £3m to support international expansion
Bloobloom – a UK-based brand of “designer eyewear at a fair price,” by its own description – has raised £3.0 million (€3.6m) in a second funding round with Pembroke VCT, a London-based investment fund, as main investor. Pembroke accounted for over half of a £4.8 million (€5.8m) round in 2022. ...
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News briefs
New book traces Ray-Ban’s history
A new book written in Italian traces the history of Ray-Ban starting from its establishment in 1937 to provide protective eyewear for pilots of the US Air Force and showing its evolution into an icon of global style. “Ray-Ban. Storia del brand che ha conquistato cuore e occhi di milioni ...
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News briefs
French eyewear industry association surveys glasses wearers on the ‘Made in France’ label
Ahead of its annual Manufacture Tour event, LEOO, the association of French optical products manufacturers, has announced the results of a survey on the perception of the Made in France label among glasses wearers in France. Over 1,600 people participated in the survey which was commissioned by Opinion Way, a ...
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News briefs
Marcolin and Adidas renew eyewear license
Marcolin and Adidas have announced the extension of their eyewear license agreement until 2032. As has been the case since the start of the partnership between both groups in 2020, Marcolin will design, manufacture and distribute globally eyewear collections under the Adidas Sport and the Adidas Originals brands, respectively targeting ...
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News briefs
Mister Spex CEO buys €100,000 worth of company shares
Mister Spex announced last week that Tobias Krauss, its recently appointed CEO, has purchased 70,000 shares of the company for a value of approximately €100,000. Krauss is underscoring his long-term confidence in the strategic direction and growth potential of Mister Spex with this share purchase, the company said. As ...
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News briefs
American Optical marks 90th anniversary of aviator sunglasses
American Optical, the historical US eyewear brand, is adding two new styles – Racer and Margot – to its aviator sunglass collection in commemoration of the famous design’s 90th anniversary, which the company says it was the first to launch for the US military in 1935. The American optical brand ...
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News briefs
Mondottica enters the readers’ market
Mondottica Group has announced the launch of a range of readers under its licensed Ted Baker brand, marking its entry into the product category. Ted Baker Ready Readers collection includes three eyewear designs available with sunglass or optical lenses and in four correction strengths (+1.5 to +3.0). The ...
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News briefs
Europa Eyewear appoints new CEO
Europa Eyewear has announced the appointment of Megan Molony as its new CEO, starting June 16, 2025. Molony, a seasoned eyewear executive, joins the Illinois-based eyewear company from National Vision, where she has served as Senior Vice President, Chief Merchandising and Managed Care since 2017. Earlier in her career, she ...
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News briefs
DaTE relaunch edition sold-out well ahead of event
DaTE, the Italian trade show focusing on the designer eyewear segment, has published the list of confirmed exhibitors on its website, four months ahead of the event scheduled for next Sept. 13-15 in Riccione. As previously reported, ANFAO, the Italian eyewear industry association organizing DaTE, is relaunching the show this ...