All Eyewear Intelligence articles in Volume 24 No. 9+10 – Page 2
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ArticleVuzix opens European HQ, banks on OEM platform for consumer smart eyewear
U.S.-based smart eyewear manufacturer Vuzix has announced the opening of a new office in Munich, Germany, to expand its business in Europe. The new office, established at Vuzix Europe GmbH, will serve the EU region as well as the Middle East and Africa. It will also operate with a global ...
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News briefs
Eyewa appoints chief retail officer
Omnichannel eyewear brand eyewa has appointed François-Xavier Jombart to the position of chief retail officer, following nine months of collaboration with the French executive as an external advisor. A seasoned eyewear manager, Jombart boasts over twenty years of experience in top management position in the French and European retail sector, ...
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News briefs
Good results for Conant in 2022
Chinese lens manufacturer Conant Optical has announced a 15.1 percent year-on-year revenue increase to RMB 1,561 million (€206 m) in 2022. The growth was primarily driven by an increase in volumes with 151 million pieces sold last year, versus 135 million in 2021, as well as by currency headwinds thanks ...
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News briefs
Warby Parker recycled 9 tons of demo lenses in 2022 with Eastman
In its 2022 Impact report released earlier this month, U.S. omnichannel retailer Warby Parker announced that it has recycled over 9 tons of demo lenses since the launch of its partnership with Eastman in the first quarter of the year. Through this circularity program, demo lenses from the company’s production ...
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ArticleEssilux picks up speed in Q1, progresses on GV integration
After the group reported a relative deceleration in topline growth for the last quarter of 2022 two months ago, EssilorLuxottica has announced a sharp uptick in sales for Q1 2023 with group revenue increasing by 9.7 percent year-on-year to €6,151 million. At constant exchange rates, sales were up by 8.6 ...
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News briefs
Ditto founder leaves Luna
Kate Doerksen, head of revenue at Luna, has announced that she was leaving the company as she realized she was happier in a CEO role. Doerksen was a co-founder and the CEO of Ditto, one of the leading suppliers of eyewear virtual try-on software, between 2011 and 2022. The company ...
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News briefs
VSP switches to sustainable shipping boxes
VSP Vision has announced that it would switch to sustainable eyewear shipping boxes for its Eyeconic and VisionWorks retail chains. The new boxes are made from 100 percent FSC-certified recycled corrugated materials, non-toxic inks and are plastic free. The group calculated that the change would reduce materials’ use by 65 ...
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News briefs
Carl Zeiss Meditec adjusts profit outlook slightly down
Carl Zeiss Meditec Q2 revenues increased by 13.2 percent year-on-year to €504 million but the company’s operating profit (EBIT) for the period went down to €84 million, versus €103 million for Q2 2021. For the first half of the fiscal year, EBIT went down by 18.8 percent to €144 million. ...
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News briefs
Johnson & Johnson Q1 contact lens sales rise 4.7%
Johnson & Johnson generated contact lens sales of $953 million in the first quarter of 2023, up by a reported 4.7 percent compared to the year earlier and 9.3 percent higher at constant currency rates. The company attributed growth to the market, a continued strong performance in the Acuvue Oasys ...
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News briefsSilmo meets Singapore, IOA gets new president
The International Opticians Association (IOA) held its Silmo Academy on April 12-14 in Singapore. There it transferred its presidency from Fiona Anderson to Donald Crichton, a dispensing optician who began his career in Scotland before moving to New Zealand. He is now a supervisor to final-year students at the University ...
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News briefs
B+L recycling programs expand fast
Bausch + Lomb has released an update on its ONE by ONE and Biotrue recycling programs for contact lenses, eye care and lens care materials. The company said that more than 65 million units had been recycled since the launch of these programs in 2016 and 2021 respectively, representing over ...
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News briefs
Topcon and National Vision lead $8 m investment round in Toku Eyes
Toku Eyes, a New Zealand-based tech company specializing in AI-powered eye screening tools has announced the completion of a $8 million Series A investment round that will help it accelerate its technical and commercial development. The round was led by National Vision, a leading U.S. optical retail group with over ...
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ArticleVisottica moves forward with external growth strategy with Ideal acquisition
Visottica Group, the supplier of eyewear components based in Italy’s Veneto region, is continuing with a strategy of growth through acquisitions, with the announcement of the purchase of a 100 percent stake in Ideal, a company active in the engineering and manufacturing of small metal eyewear parts. Founded in 1983, ...
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News briefsMiami eyewear company invites you to ditch the keyboard
Innovative Eyewear has both released an app for its smart eyewear and filed for a patent in the U.S. for the app’s software. Available for both the iOS and Android operating systems, the Lucyd app provides a vocal interface for chatbots, such as ChatGPT. “The user can ask questions to ...
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ArticleFrance sees five-year rise in annual healthcare expenses
Five years after its last one, Cofidis has released the results of its latest survey of the French citizenry on healthcare expenses, conducted with the aid of CSA Research. The signal finding is that the average annual expense has risen by almost 75 percent, from €715 to €1,249. The increase, ...
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News briefsBlue Point acquires Europa and Eyebobs
Blue Point Capital Partners has established a holding company for eyewear, acquiring this month both the Europa and Eyebobs brands. Europa Eyewear is an independent eyewear company founded in 1977 and still run by the same family. It operates 11 independent brands, including STATE (launched in 2015) and American Optical ...
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News briefsA good 2022 at Pro Optik
Pro Optik is reporting double-digit growth in profits and a positive balance sheet for full-year 2022. Sales rose by €9 million to reach €154 million, resulting in market share gains, and EBITA by 10 percent, both year-on-year. The company has declined to release its figures for EBITDA. Store count in ...
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News briefs
Contact-lens tool to make its debut in Spain
The Fórum de Contactología and Visión y Vida are introducing a “simple” tool in Spain to help people determine whether they are candidates for the use of contact lenses. According to the two groups, Spain ranks fifth in Europe in contact-lens use. A bit less than 5 percent of Spaniards ...
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News briefs
Safilo reportedly in advanced talks to sell Longarone plant
Safilo management has told unions that it is in “advanced talks” to sell its factory in Longarone, according to Italian news reports, which note that Thélios is now widely considered to be the frontrunner to purchase the plant. According to the newspaper Corriere delle Alpi, Thélios could also take on ...
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News briefsNew frames at Sea2see
Sea2see has added seven wraparound frames, for land and water sports, to its Seastainable Sunglasses Collection for spring/summer 2023. All are made in Italy of the company’s fully upcycled marine plastic, come in various sizes, have adjustable temples and are fitted with UV 400 Cat 3 Italian polycarbonate polarized lenses. ...
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