All Eyewear Intelligence articles in Volume 22 No. 9+10 – Page 3
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ArticleZVA sees German market down 7.4 percent last year
Like for most other business sectors, 2020 turned to be a difficult year for the ophthalmic optics market, as shown by the latest figures published by the Zentralverband der Augenoptiker und Optometristen (ZVA), the German association of opticians and optometrists. Overall, the German eyewear sector faced a 7.4 percent drop ...
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Article
French retail heavyweights slightly raised market share in 2020
In the last couple of weeks, the Krys Group , Optic 2000 and Afflelou , three of the main retail players in France totaling more than 3,000 stores and an aggregated market share estimated at between 35 and 40 percent, reported drops in revenues varying from 8.5 percent to ...
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News briefs
Chile conditionally approves Essilux-GV transaction
GrandVision announced yesterday that Fiscalía Nacional Económica , the market regulator for Chile, just approved the transaction agreed with EssilorLuxottica in July 2019, following the steps of Brazil, Colombia, Mexico, the U.S., and most recently the European Union. This decision leaves Turkey as the only country where the ...
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News briefs
Transitions Academy 2021 cancelled
Transitions Optical announced the cancellation for safety reasons of the 2021 edition of its Transitions Academy , the international and educational event that was scheduled to take place in Orlando, Florida, from June 13 to 16. The company said that it would however proceed with its annual innovation awards’ ...
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Article
J&J Vision partners with Menicon in ortho-k lenses
Johnson Johnson Vision Care and Menicon , the Japanese contact lens specialist, announced on April 7 the signature of a global partnership in the field of orthokeratology contact lenses designed to slow the progression of myopia among children. According to the joint statement, Menicon will keep developing ...
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News briefs
Essilor to present new clinical results in myopia progression slow-down
After two years of clinical trials on 167 myopic children in collaboration with the Wenzhou Medical University in China, Essilor will present next month new results for its Essilor Stellest lens’ performance in the reduction of myopia progression among children. According to preliminary information communicated by the ...
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Article
The Vision Council reports signs of recovery in the U.S. market
The U.S. vision care market declined by 17.4 percent year-on-year to $36.05 billion at retail between December 2019 and December 2020, according to The Vision Council that just published its quarterly VisionWatch report for last year’s Q4. The market started to recover at the end of the year with retail ...
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News briefs
U.S. ANSI lens standards updated
The Vision Council announced on April 6 the publication of ANSIZ80.1-2020, a new set of recommendations by the American National Standards Institute ’s for prescription and plano lenses, contact lenses, ophthalmic instruments and ocular medical devices. The new recommendations, which serve as reference for the eyewear and optical industry, ...
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News briefs
Hoya rolls out MiYoSmart across Europe
After France and Italy, Hoya Vision Care is now launching its MiYoSmart lens for children in Spain, Germany, Austria, Switzerland, Netherlands and the UK. Developed through a partnership with the Hong Kong Polytechnic University, the lens is said to slow down myopia progression in children by 60 percent ...
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News briefs
Walsh to lead Ocuco global sales and marketing
Ocuco , the provider of eyecare software for opticians, optometrists and laboratories, has promoted Dermot Walsh to the position of chief revenue officer for the group. He will join the group’s corporate management team and oversee the international sales and marketing departments. A graduate in Information Technologies, Walsh joined ...
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News briefs
Bausch Health pursues debt reduction
Bausch Health announced on April 7 that it will reduce its debt by another $100 million in May through the redemption of outstanding senior secured notes, using cash generated from operations. The Canadian group had already redeemed a total of $200 million through a similar operation in March. Last ...
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News briefs
Ocuco’s Innovations awarded best lab optical software
Ocuco , the eyecare software company based in Dublin, announced that its Innovations software has been awarded best optical lab software for 2021 by the HealthCare Insights Magazine . The lab management program was initially created 30 years ago and taken over by Ocuco in 2008. According to the ...
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News briefs
DTC brand PAIR Eyewear raises $12 million
PAIR Eyewear , a U.S. brand with an online DTC business model, announced on April 1 that is has raised $12 million dollars in an investment round to finance its future development. Several private equity funds took part in the investment round, as well as other investors such as NFL ...
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