All Eyewear Intelligence articles in Volume 23 No. 21+22 – Page 2
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ArticleFielmann sticks to long-term plan as headwinds pressure sales and profits
According to preliminary figures released yesterday ahead of its third quarter report slated for next week, Fielmann has reported flat year-on-year sales and a significant drop in profit ratios. The German-based group explained that it was facing particularly strong macroeconomic headwinds, particularly in its domestic market where consumer sentiment stands ...
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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 ...
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ArticleNational Vision releases sustainability report
National Vision, the third largest optical retailer in the U.S., has just released its 2021 sustainability report, called “A World Worth Seeing”. The full report, which presents the group’s activities and progress in four different CSR areas (social, employees, environment and governance), can be downloaded on the company’s website. We ...
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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 ...
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ArticleSkugga to launch new financing rounds to accelerate development
In the wake of Skugga’s recent Silmo d’Or award in the technological innovation and connected products’ category, we spoke with Mikael Eriksson, the Swedish-based company’s CEO and one of the main shareholders along with his brothers Daniel Eriksson, Jonas Eriksson and partner Fredrik Hanson. The brothers initially started off with ...
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ArticleHOYA posts 10% lenses’ revenue hike in Q2, launches private label CLs
HOYA CORPORATION has reported another record quarter in terms of both revenues and profit as strong currency headwinds and a solid performance in its Life Care business more than offset negative results in its IT division. The Japanese group reported a 19.9 percent year-on-year increase in sales for Life Care ...
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ArticleECOO addresses myopia management and digital eye care
The European Council of Optometry and Optics (ECOO), the umbrella organization for 21 eye care professionals’ (ECPs) national associations, has addressed two currently hot industry topics in a position paper on myopia management and a statement on the digital future of eye health care services. In publishing “Myopia management: a ...
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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 ...
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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 ...
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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, ...
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ArticleEssilorLuxottica revenue up 8.2 % in Q3
EssilorLuxottica reported revenue of €6,394 million in Q2 2022, up by 17.0 percent from the same period last year. On a comparable basis, both in terms of business scope and currency, the topline was up by 8.2 percent marking a slight acceleration from the 7.0 percent growth posted in Q2. ...
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ArticleKering Eyewear well on track for €1 bn annual revenue mark
Kering Eyewear again overperformed in growth terms during Q3 2022 as compared to its parent company, French luxury group Kering. The eyewear division posted a 23 percent year-on-year comparable growth in the quarter versus 14 percent for the whole group. This also marks an acceleration in revenue growth as eyewear ...
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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, ...
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News briefsCalifornia pile-up not on freeway but in eye
An ophthalmologist in California has removed a stack disposable contacts, 23 lenses thick, from the eye of a woman about 70 years old, The Guardian reports. Dr. Katerina Kurteeva had an assistant record the procedure with a mobile phone and later posted the footage on Instagram, where it went viral. ...
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News briefs
Menrad announces climate neutrality achievement
Menrad has announced that it has reached climate neutrality for 2022 and 2023 through a mix of CO2 emission measures and the purchase of certified carbon credits. The achievement is certified by Fokus Zukunft (Focus Future), a German-based sustainability agency, that helped the company to calculate its detailed carbon footprint ...
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News briefs
Specsavers warns of a glaucoma ticking time bomb in the U.K.
According to Specsavers’ “The State of the U.K.’s eye health 2022” report, the country is facing a “glaucoma ticking time bomb” as waiting times for NHS ophthalmology appointments have increased, partly as a side effect of the Covid pandemic. As of May 2022, there were more than 630,000 people waiting ...
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News briefs
Woodys steps into the metaverse
Barcelona-based Woodys claims it has become the first eyewear brand to launch a frame created for the metaverse. Called NEON-GENESIS the virtual collection comprises three models based on the frame that was recently nominated at the Silmo d’Or awards. The company said it has published the corresponding NFT artworks on ...
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News briefs
Mykita appoints new CEO
Mykita has announced the appointment of Jacques Mantz as CEO and chairman of the executive committee, with immediate effect. A senior executive with financial expertise, Mantz spent over 20 years at French luxury group LVMH as chief financial officer or chief of operations of several of the group’s divisions. ...
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News briefs
Krys’ door count reaches 1,000 units
KRYS GROUP has announced the recent opening of its thousandth Krys optical shop, located in the South of France near Nice. Created in 1956, the flagship retail banner of the French voluntary group boasts a 16 percent share of the French optical market and its footprint is expanding fast with ...
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