The latest news, analysis and data on topics including Financial Results, Corporate, M&A, Omnichannel, Retail & Distribution, E-Commerce & DTC, Market Statistics, Policy & Legal, Trade & Sourcing, Marketing, Products, Trade fairs & Events
Safilo comments FY 2025 solid performance, M&A targets
Confirming preliminary results released at the end of January, Safilo Group announced yesterday that its Q4 revenue declined by 4.6 percent to €225 million. At constant exchange rates, the topline inched up by 0.4 percent, with both North America and Europe growing at a low single-digit margin rate (see table). ...
Cooper reports 3% CL sales hike, higher margins in Q1
CooperVision (CVI) revenue rose by 7.6 percent year on year to $695.1 million in Q1 2026, corresponding to a 3 percent increase in constant currencies, in line with Q4 2025. By modality and on an organic basis, toric and multifocal contact lenses were up by 6 percent, spheres by 1 ...
National Vision sees adjusted comp sales rising 3-6% as product mix, customer shift continues
National Vision said it expects adjusted comparable sales to rise by 3-6 percent in 2026, as it pointed to success in efforts to increase the share of premium eyewear in its product mix and attract a growing number of managed care and other more profitable customers.
Repeat customers and eyeglasses drove KITS 27% revenue growth in 2025
Following the preliminary results published last month, KITS Eyecare has confirmed that its revenue increased by 20.2 percent year on year to a record 53.9 million Canadian dollars (€34m) in Q4 2025, slowing down from the previous quarter (25.1 percent growth).
Safilo comments FY 2025 solid performance, M&A targets
Confirming preliminary results released at the end of January, Safilo Group announced yesterday that its Q4 revenue declined by 4.6 percent to €225 million. At constant exchange rates, the topline inched up by 0.4 percent, with both North America and Europe growing at a low single-digit margin rate (see table). ...
Topcon Healthcare launches EMEA innovation center
Topcon Healthcare has launched the Topcon Healthcare Innovation Center EMEA (THINC EMEA) in London’s Knowledge Quarter, modeled from its first THINC facility in La Jolla, California. The new London center will serve as a collaborative platform between eye‑care specialists, healthcare professionals, academics, industry partners, and patient associations across Europe, the ...
Del Vecchio heir looks to increase stake in controlling shareholder
Leonardo Maria del Vecchio, Chief Strategy Officer at EssilorLuxottica and one of the heirs of Luxottica founder Leonardo del Vecchio, is looking to increase his stake in Delfin, the Del Vecchio holding company that controls the eyewear group with a 32.2 percent stake, according to media reports. Delfin has not ...
Bidco is set to acquire INSPECS but may have to compose with Safilo
Bidco, the consortium led by British entrepreneurs Luke Johnson and Ian Livingstone, is changing tactics for its planned acquisition of INSPECS Group, which appears to be contested by Safilo Group. On Friday last week, INSPECS officially said that Bidco was switching from the court-sanctioned scheme announced in December last year ...
GlassesUSA.com operator launches multi-brand luxury eyewear webshop
Most large eyewear companies in the luxury segment, save one, partner with the new online shop.
Ultracheap Blacksheep flagship store to open at Paris’ BHV – except not
Blacksheep, a French-based pure online player selling ultra-low-priced eyewear, is reportedly preparing to open a 200-square-meter shop at the BHV department store in Paris, for what seems to be the brand’s first venture into brick-and-mortal retail. Founded by Pierre Wizman – the French entrepreneur that created Polette, another DTC eyewear ...
Kits Eyecare reaches 1 million active customers
Kits Eyecare has announced that it has doubled its number of two-year active customers from 500,000 to 1 million between Q4 2020 and Q3 2025. The company said that Gen Z (under 30 years old) and Millenials (30 to 45) respectively accounted for approximately 25 percent and 50 percent of ...
Mia Burton merges with Lipari
Italian eyewear e-commerce company Mia Burton and the Italian optical retailer Lipari announced they were merging to create an omnichannel group with forecast revenues of €23.7 million in 2025.
National subsidies boost smart eyewear sales during Chinese Spring festival
Sales of AI glasses at Huaqjianbei, the world’s biggest electronics wholesale market located in Shenzhen, jumped by 80 percent year on year during the Chinese Spring Festival earlier this month, according to the South China Morning Post (SCMP). The surge was partly caused by the inclusion of the product category ...
French optical sees modest gains in FY25, survey says
A survey conducted by Acuité of about 350 opticians in France shows year-on-year sales growth of about +1.5 percent for FY 2025, up from 2024’s 0.9 percent. Some 61 percent of respondents report positive revenues for 2025.
Slower growth than expected in the Brazilian optical market
The Brazilian optical market grew by 4.1 percent to 27.1 billion reais (€4.5bn) last year according to Abióptica, the Brazilian eyewear industry association, falling short of its 5 percent growth estimate. Previous estimates after a very strong Q1 were even higher at approximately 7 percent, as we reported then.
US optical market up 4% in 2025 despite lower volumes
The US optical market value amounted to $69.5 billion last year, according to the latest Market inSights research by The Vision Council (TVC), the country’s eyewear industry association. The calculated value includes exams, frames, ophthalmic lenses, contact lenses, plano sunglasses and readers and, by TVC’s definition, captures consumer payments plus ...
