All Eyewear Intelligence articles in Volume 25 No. 21+22
View all stories from this issue.
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ArticleEssilux backs chief strategy officer Leonardo Maria Del Vecchio amid hacking probe
EssilorLuxottica has expressed its support for Leonardo Maria Del Vecchio, its chief strategy officer and the son of the late founder of Luxottica, amid a probe that has seen four individuals placed under arrest and Del Vecchio and dozens of others being investigated by the Milan public prosecutor’s office for ...
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PDF NewsletterEyewear Intelligence: Vol 25 - No 21+22
Solid organic growth and US acquisitions keep Fielmann in double-digit growth gear | HOYA Life Care business returns to growth in Q2, confirming IT incident recovery | Zeiss Vision Care to cut production, staff at German plant | ZEISS appoints SMT unit director as next CEO | Essilux Q3 topline up 2% as EMEA and APAC slow down slightly | Nikon stock value jumps on Essilux 5% stake news | Despite a slight slowdown in Q3, Kering Eyewear remains a bright spot for the group | Italian eyewear industry “strong and resilient” amid market slowdown | Industry stocks inched up in Q3, driven by contact lens companies | Hakim Group maintained strong momentum in 2023 | French opticians’ association challenges health insurances’ proxy on optical network tender call | A look at tele-medicine services, new lenses and measurement tools presented at Silmo 2024 | Topcon reports slight eye care sales hike, invests in Ocumetra | JINS revenue up double digit in FY 2024, driven by price mix | Japanese optical retail chain goes public | Zenni, Eyebot using automation to remove eye-test obstacles | Apple to turn AirPods into hearing aids | iVisionTech diversifies into auto sector with purchase of 45% stake in Molex Zetronic | 100% Optical trade show changes hands | Essilux backs chief strategy officer Leonardo Maria Del Vecchio amid hacking probe | “The last thing we want to be is a product for geeks,” Morrow Eyewear CEO
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ArticleSolid organic growth and US acquisitions keep Fielmann in double-digit growth gear
International markets have come to account for over a third of the German-based optical retail group. The US is already the second-largest market for the group, with annual sales projected at over €250 million.
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ArticleHOYA Life Care business returns to growth in Q2, confirming IT incident recovery
Hoya Life Care unit sales increased by 2.2 percent at constant rates in fiscal Q2, driven by ophthalmic lenses and contact lenses.
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News briefs
Vision Expo is rebranding itself
Ahead of its move from New York to Orlando, Florida, where the Eastern edition of the show will be held for the first time next year (from Feb. 19 to 22), Vision Expo is launching its new brand identity this month. The operation includes a refreshed logo, enhanced branding, streamlined ...
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ArticleTopcon reports slight eye care sales hike, invests in Ocumetra
The Japanese-based group sales inched up by 0.8 percent at constant rates, driven by major optical chains in North America and Europe. It is also investing in the myopia management segment through a strategic partnership with Ocumetra.
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News briefs
Marcolin appoints new ic! berlin general manager
Marcolin has announced the appointment of Davide Lunghi as General Manager of ic! berlin, effective immediately. Lunghi will oversee the management and strategic development of all business units of the German company with a particular focus on strengthening its position as a premium design brand worldwide, including the expansion of ...
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News briefs
Bausch + Lomb sees double-digit contact lens sales growth in Q3
Bausch + Lomb reported contact lens sales of $253 million in the third quarter of 2024, up by a reported 11 percent compared to the year earlier and 12 percent higher at constant currency rates, with growth driven by daily silicone hydrogen contact lenses. Quarterly sales for the company’s vision ...
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ArticleZeiss Vision Care to cut production, staff at German plant
Rising costs appear to be hurting German competitiveness.
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ArticleJapanese optical retail chain goes public
Zoff, a Japanese retail chain with approximately 300 stores, went public earler this month. The company anticipates a 9 percent year-on-year revenue growth in 2024.
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News briefs
Eye-tracking tech company joins the AR Alliance
The AR Alliance, the international association regrouping companies in the augmented reality hardware sector, has announced that Viewpointsystem, an Austrian-based company developing advanced eye-tracking and gaze-tracking smart glasses for professional use was joining the organization as an associate member. “Eye tracking is one of the most promising technologies to ...
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News briefs
Kering Eyewear and Thélios to participate in first New York’s Eyewear Design Week
New York-based LOFT Eyewear Shows has announced the launch of the first edition in March 2025 (13th to 15th) of the New York Eyewear Design Week, a multi-faceted event to which both Kering Eyewear and Thélios will officially participate with independently hosted showroom events. Chrome Hearts will also be showing ...
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ArticleZenni, Eyebot using automation to remove eye-test obstacles
The companies have teamed up to field eye-scanning kiosks.
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ArticleFrench opticians’ association challenges health insurances’ proxy on optical network tender call
The Rassemblement des Opticiens de France (ROF) points at some possible irregularities, both in terms of commercial relations and of personal data protection, in the last tender call by Santéclair for French opticians to join its optical network. The dispute illustrates one specificity of the French optical market.
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ArticleApple to turn AirPods into hearing aids
This autumn, Apple will be releasing a software update that will turn the AirPods Pro 2 into a pair of hearing aids and a little more. According to the company, AirPods, with their in-ear seal and noise cancellation, can perform hearing tests in combination with an iPhone or iPad. For ...
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News briefs
Revamped DaTE trade fair to be held in Riccione next September
Organizers of the Italian optical trade show DaTE, which focuses on the designer eyewear segment, said that the next edition will be held in the central Italian seaside resort city of Riccione, although the venue for the three-day event has yet to be disclosed. DaTE organizers had previously announced that ...
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ArticleDespite a slight slowdown in Q3, Kering Eyewear remains a bright spot for the group
Reporting a 4 percent increase in Q3 sales, Kering Eyewear again largely outperformed the whole Kering group, whose topline double-digit decline further accelerated.
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News briefs
Change at the helm of Nikon-Essilor JV
We have learned that Ludovic Mathieu, President, CEO and Representative Director of the Japan-based Nikon-Essilor joint venture since 2020, is leaving the company. He will be replaced by Bo Kajiwara, Senior Associate Vice President of Nikon Corporation, who joined the Nikon-Essilor board of directors in April this year. On top ...
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News briefs
French retail group Atol partners with Essilux’ Leonardo training platform
Atol, a French voluntary retail group with close to 800 shops in France, has announced the signing of an exclusive partnership with Leonardo, EssilorLuxottica’s training platform. Atol collaborators will be able to access a variety of jointly developed training sessions on a dedicated website. This training partnership between Leonardo and ...
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News briefs
Low vision/blindness tech company partners with Microsoft on AI training
Be My Eyes, a tech company connecting the blind and low-vision community with volunteers for smartphone-based live visual assistance, is partnering with Microsoft for the training of more inclusive AI models.
