All Eyewear Intelligence articles in Volume 23 No. 1+2 – Page 2
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News briefs
Bollé Safety introduces a blue light-blocking eyewear range
Bollé Safety, the protective-eyewear specialist, is releasing a product line, called ProBlu, to block blue light from devices with LED screens. Long-term exposure to light of this frequency is said to cause eye strain, if not retinal damage, and interfere with sleep. The line consists of 19 models of glasses ...
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News briefs
Eastman ranked among top U.S. companies for ESG
Eastman has entered the Just 100, a ranking of companies by environmental, social and corporate (ESG) governance as determined by the non-profit organization Just Capital and the news network CNBC. To establish the list, Just Capital took the largest 954 American companies in the Russell 1000 Index and evaluated them ...
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ArticleU.S. market confirms its rebound in Q3
According to The Vision Council’s most recent VisionWatch report, covering the third quarter of U.S. market, the 12 months preceding September 2021 suggest a solid recovery in eyewear revenues. Sales for the period reached $46.45 billion, up by 24 percent from the comparable period of 2020 and by 6.3 percent ...
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ArticleMojo Vision partners with sports apps
Mojo Vision, a provider of smart contact lenses, has established partnerships with five connected-fitness platforms: Adidas Running, the German sportswear company’s digital-tracking division; Trailforks, a trail-mapping service for cyclists and hikers; Wearable X, provider of smart haptic fitness apparel; Slopes, an iOS, Android and Apple Watch app for skiers and ...
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ArticleTop 5 eyewear companies’ stock prices up 4.6 % in Q4
We are updating here our quarterly chart on the evolution of stock prices for the public companies in the eyewear market, including manufacturers, distributors or retailers of contact lenses, prescription lenses, eyeglasses and sunglasses. We are also publishing a ranking of these 22 companies based on their stock market value. ...
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News briefsOmicron forces Mido, 100% Optical to reschedule
In response to the rapid escalation of the Omicron Covid variant across Europe and other countries, the organizers of Mido have announced the postponement of the 2022 edition of the show from the initially scheduled Feb. 12-14 dates to April 30 to May 2, returning to the Milanese show’s original ...
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News briefs
Fielmann to supply frames for Vuzix smart glasses
Fielmann Group has struck a deal with Vuzix Corporation, a supplier of smart glasses and other augmented reality (AR) products, and TeamViewer, which provides AR productivity tools and serves Vuzix as a value-added reseller (VAR). Fielmann will be providing frames for Vuzix’s M400 and M4000 model smart glasses, used notably ...
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News briefs
Etnia is having a corporate makeover for the new year
Etnia Barcelona is charging into the new year with new investments and an expanded portfolio of brands. Founded in 2001 by David Pellicer, Etnia is perhaps the fastest-growing independent eyewear brand of the past decade. The company says it has rounded out 2021 with overall business growth of 16 percent ...
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News briefs
Most French optical shops seem to be omitting a consumer subsidy
According to an article published on Dec. 29 in the consumer magazine Que Choisir, most French optical shops are neglecting to inform their customers of a government program to reimburse every cent they spend on their glasses. Called 100% Santé (100% Health), the program made its debut about a year ...
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News briefs
Revo inks two official sponsorships
Revo has become the official eyewear sponsor of both the Italian mountaineering association Società Guide Alpine Courmayeur and this year’s edition of the World Pro Ski Tour. The American brand produces eyewear for both the sport and optical segments. The U.S. market, where sales are about evenly split between the ...
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News briefs
Luz and Optalor buying groups merge
The trade journal Acuité reports that Luz and Optalor have joined forces. Together, the two French buying groups boast 2,100 points of sale and some €200 million (taxes excluded) in purchases. Optalor is in fact being absorbed into Luz, which will be handling negotiations and purchases, although for the next ...
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News briefs
Advancing Eyecare buys Santinelli International
Advancing Eyecare has acquired Santinelli International, a supplier of optical finishing equipment. The deal was concluded in December, but terms have not been disclosed. Advancing Eyecare is owned by Atlantic Street Capital (ASC), operates in North America and includes the Lombart Instrument, Marco Ophthalmic, Innova Medical and S4Optik brands. Santinelli ...
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ArticleMPG doubles down in retail, taking over 177 Essilux shops
Just a few days after the announcement of an agreement with the Vision Group for the takeover of 174 of their Italian stores, EssilorLuxottica and GrandVision have announced that they have found an acquirer for 177 of their retail locations in the Benelux. Both divestments had been agreed with the ...
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News briefs
Inspecs buys Ego Eyewear
Following the recent aquisition of BoDe Design, Inspecs has announed it would also acquire Ego Eyewear, a Swedish company developing licensed eyewear for such fashion brands as Barbour, Liberty of London, Viktor & Rolf, Lyle & Scott, Henry Lloyd, Joseph, Ivana Helsinki, Valerie and Day. According to Inspecs’ CEO, Robin ...
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ArticleOcuco invests in myopia treatment IT company
Ocuco – the software producer for optometrists, ophthalmologists, optical offices and optical labs – has purchased a minority share in Ocumetra, an IT firm that produces nine clinical tools for the treatment of myopia. Chief among these is a numerical and graphical suite called Refractogram, with interactive ocular growth charts, ...
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News briefs
Designer Tom Davies starts selling online
The British eyewear designer Tom Davies has begun selling his eyewear through a web shop called iwearbritain.com. Davies’ designs sell under multiple brands, such as Catch London, for small runs produced in collaboration with artists and influencers, and MD1888, for “heritage” frames. Davies is notable also for his Hollywood work, ...
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News briefs
Synsam Group appoints CEO for its new factory
Ida Geiler is to become CEO of Synsam Group’s Production and Innovation Center on Jan. 3. Located on the island of Frösön, west of Östersund, the center is scheduled to complete construction in this spring. For the past year and a half Geiler has been project manager for Synsam’s Made ...
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News briefs
Essilux’ employee shareholding plan adds members
EssilorLuxottica’s international employee shareholding plan, called Boost, now has nearly 54,000 eligible employees subscribed in 78 countries, the group says. Boost’s subscription rate has risen in consequence by three percentage points since last year to 65 percent. This year’s campaign extended to employee shareholders from five new countries: Bangladesh, Benin, ...
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News briefs
Synsam opens new flagship store
Synsam, the Swedish-based optical retail group opened on Dec. 22 a new flagship store in the center of Stockholm. The new shop, which is reportedly the largest in the Nordics, spreads over 900 square meters and reportedly offers customers the possibility to select their frame among a large selection of ...
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News briefs
Essilux concludes public offer for GrandVision shares
EssilorLuxottica has announced the expiration of the post-acceptance period of the group’s public offer for outstanding shares of GrandVision. At the end of the process, the company owns 99.84 percent of the Dutch-based retail group’s capital. EssilorLuxottica will now initiate statutory buy-out proceedings in order to obtain 100 percent of ...
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