All Eyewear Intelligence articles in Volume 24 No. 11+12
View all stories from this issue.
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ArticleRodenstock sales up 4 % last year on B.I.G. Vision lenses momentum
Rodenstock Group has reported €505 million in pro-forma sales for fiscal 2022, an increase of 4 percent on a like-for-like basis compared with the previous year. The lens company stressed that it could deliver robust results despite challenging macroeconomic conditions that led to a slowdown in growth pace in the ...
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PDF NewsletterEyewear Intelligence: Vol 24 - No 11+12
How did the top eyewear companies perform in their last fiscal year? | Circularity gaining traction in the French eyewear market | French opticians release new market data ahead of new health care plan negotiations | Materialise and Vuzix join forces in smart eyewear | HOYA Life Care unit posts strong sales and margin increases in Q4 | Rodenstock sales up 4% in 2022 | EssilorLuxottica unveils Ray-Ban Reverse collection | EssilorLuxottica signs JV with GCC luxury powerhouse | Synsam eyewear subscription business underpins record Q1 sales gains | Germany and prescription frames drove Mister Spex’ growth in Q1 | Warby Parker confirms 2023 guidance after Q1 sales jump 12% | Paris Miki reports sales rebound and return to operating profit for 2022-23 | JINS downgrades outlook, rethinks business model and supply chain | NIDEK launches time-saving automated refraction software for ECPs | CooperCompanies upgrades outlook after solid Q2 | Menicon driven by dailies, ortho-k, overseas and currencies in FY2022 | Do soft contacts contain PFAS?
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ArticleCooperCompanies upgrades outlook after solid Q2
CooperCompanies has reported a 6.4 percent year-on-year revenue increase to $589.3 million for its CooperVision unit in the second quarter of its fiscal year, ended April 30. The division topline was up by 10 percent at constant currencies and organically, marking its ninth consecutive quarter of double-digit growth, the company ...
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ArticleCircularity gaining traction in the French eyewear market
Circularity in the eyewear sector has been a hot topic in the last couple of weeks in France as two major retail chains, and a young start up specializing in the recycling of used glasses, have announced new programs for second-hand eyewear. ZAC, a Lille-based startup specializing in the ...
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News briefsExecutive reshuffling at B+L
Bausch + Lomb has promoted the senior vice presidents of all its business units. Luc Bonnefoy (Surgical), John Ferris (Consumer) and Yang Yang (Vision Care) are now members of the executive management team, reporting to chairman and CEO Brent Saunders. In addition, Joseph Gordon, president of Global Consumer, Surgical and ...
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News briefsWalmart ups pay and benefits for optical, pharmacy staff
Walmart is raising wages and funding certifications for thousands of its pharmacists and opticians. Some 3,700 pharmacists have seen their pay rise to “more than $140,000” per year, exclusive of bonuses and incentives. Pay raises are still to come for about 4,000 opticians, who will be earning an hourly wage ...
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News briefs
Opti on tour to promote 2024 edition
The Munich-based opti trade fair has embarked on an intensive tour that will see its teams participate in person to over fifteen eyewear industry trade shows and congresses, both in Germany and internationally, to promote the 2024 edition of the show. The opti tour kicked off at the last Vision ...
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News briefsThélios updates visual identity with LVMH baseline
Thélios has unveiled its new corporate visual identity during its convention in Rome where the company presented the new Fall 2023 eyewear collections of its Dior, Fendi, Celine, Loewe, Givenchy, Stella McCartney, Kenzo and Fred brands. The main change consists of the addition of the ”LVMH Eyewear Excellence” baseline to ...
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ArticleMaterialise and Vuzix join forces in smart eyewear
Smart glasses supplier Vuzix and 3D-printing company Materalise have announced the start of their collaboration in the area of consumer smart eyewear; a market that is believed to be on the verge of mass adoption after years of development. As previously reported, the U.S.-based tech company is ramping up its ...
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News briefs
Tooz presents smart glasses with individual vision correction at trade show
Tooz, the smart glasses unit of the Zeiss Group, will showcase its prescription smart glasses at the Augmented World Expo (AWE) USA trade show starting today and lasting until June 2 in Santa Clara, California. The complete customer experience will be presented at its booth where visitors will be able ...
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ArticleHow did the top eyewear companies perform in their last fiscal year?
For the first time we are publishing a comparative analysis of the performance of the eyewear industry’s main players during their last financial year. You can see the detailed results in the interactive table below. Most companies in this table are stock listed and their financial year ends on ...
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News briefs
Bollé Brands sets ESG targets, aims at B.Corp certification
In the wake of the publication of its first sustainable development report, Bollé Brands has announced new Environmental Social and Governance (ESG) objectives. They include a 35 percent reduction of carbon emissions per product by 2027, thanks notably to a gradual increase of the share of “eco-friendly” products in its ...
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ArticleFrench opticians release new market data ahead of new health care plan negotiations
As the French government prepares for a new round of discussions with healthcare professionals for an update of its so-called 100% Santé reform, the Rassemblement des Opticiens de France (ROF), the main opticians’ association in the country, has released a new set of data around the implementation of the plan ...
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ArticleNIDEK launches time-saving automated refraction software for ECPs
Japanese-based optical equipment maker NIDEK is introducing FARS, which stands for Fully Assisted Refraction System and is an optional kit to the company’s TS-610, its latest generation tabletop refraction machine. FARS consists of application software, compatible with tablets and PCs, and a joystick controller, and enables patients to perform the ...
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News briefs
EssilorLuxottica expands collaboration with ESSEC through circularity MOOC
EssilorLuxottica is expanding its collaboration on circular economy with the French-based ESSEC business school. The Italo-French eyewear group is one of the three partners, along with L’Oréal and Bouygues, in a new Massive Open Online Course (MOOC) just launched by the school. The 4.5 hour online course, available in French ...
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News briefsBlackfin expands Black Shelter factory tour program
As part of its 50th anniversary celebrations, Italian eyewear brand Blackfin is expanding its Black Shelter factory tour program, which was launched last year. The company said that over 350 international opticians from key European markets will visit its sustainable and futuristic-looking facility, which also serves as its headquarters, in ...
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News briefs
New Look Vision Group launches AI sceening tool under IRIS banner
The New Look Vision Group has partnered with DIAGNOS, a Montreal-based stocklisted artificial intelligence (AI) company focusing on health care, for the development of an AI-powered tool for ocular disease screening. The Canadian-based optical retail group is launching the new tool under its IRIS banner, starting with 20 stores across ...
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News briefs
Thai Optical Group up 11% in Q1
Thai Optical Group (TOG) has reported an 11 percent year-on-year increase in Q1 revenue to 722 million Baht (€19m), driven by the Americas and Europe regions that saw their sales increase by 43 percent and 29 percent respectively. This was partly offset by declining revenue in Africa and the Middle ...
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ArticleDo soft contacts contain PFAS?
An American blog has commissioned a laboratory to test 18 varieties of soft contact lens, from three brands, and found that all contain the same “marker” – an organic fluorine – for per- and polyfluoroalkyl substances, or PFAS. PFAS are commonly called “forever chemicals,” because they do not break down ...
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News briefs
Change at the top of De Rigo holding
The De Rigo Group has announced that Roberto and Giorgio de Rigo have transferred their shares in De Rigo Holding, corresponding to a 50 percent stake in the company, to Ennio de Rigo, their uncle, and Emiliana De Meio who thus become the sole shareholders in both the holding company ...
