All Eyewear Intelligence articles in Volume 25 No. 9+10 – Page 2
-
News briefsMore visitors at ExpoÓptica
The 34th edition of ExpoÓptica, held on April 12–14 at Ifema Madrid, saw its visitor numbers leap up 29.4 percent from the previous edition, in 2022, according to Look Vision. The total – 8,350 – was a bit higher than in 2018. Total exhibitors amounted to 130, up 30 percent, ...
-
ArticleInspecs posts flattish 2023 sales after Q4 drop, but profit ratios improved
UK-based Inspecs Group has reported a 1.2 percent increase in annual revenue to £203.3 million (€237.4m) for fiscal 2023, corresponding to a topline flat performance at constant exchange rates, after the company’s business slowed down sharply in the last months of the year. However, the company managed to report significant ...
-
News briefs
Johnson & Johnson Q1 contact lens sales fall 5%
Johnson & Johnson reported contact sales lenses of $910 million in the first quarter of 2024, down by a reported 4.6 percent compared to the year earlier and 2.3 percent lower at constant currency rates. The sales dip was driven by US stocking dynamics and economic pressures in the Asia ...
-
ArticleVuzix losses pile up as AR smart glasses take-off takes its time
After a last-minute postponement at the end of March of its annual results presentation, smart eyewear manufacturer Vuzix reported earlier this week a severe drop in Q4 revenue and a significant increase in losses for fiscal 2023. While the management stressed that investments in manufacturing and product development have led ...
-
News briefs
Jins slightly downgrades outlook on expected China slowdown in H2
Japanese-based retail group Jins has reported a 13.4 percent year-on-year increase in Q2 sales to 19,852 million Japanese yen (€121m), strongly accelerating from the previous quarter. Sales in Japan grew by 12.1 percent to ¥15,453 million (€94m) while they were up by 18.1 percent overseas. The strong momentum on the ...
-
ArticleUS startup picks eyewear market as launch pad for infinitely recyclable plastic material
As the world is grappling with an ever-growing amount of plastic waste, of which less than 10 percent is being recycled, our attention was brought to a California-based chemical start-up that claims it can produce an infinitely recyclable alternative material to high performance plastics. And, somewhat surprisingly for such a ...
-
News briefsPush for world CL day in its second year
The Spain’s Association for the Manufacture, Commercialization and General Import of Optics and Ophthalmology (AEO) and Fórum de Contactología are striving to get April 15 declared world contact-lens day – in honor of the invention’s precursor, Leonardo da Vinci. This is a Spanish initiative in its second year. So far ...
-
ArticleDisposable daily CLs momentum slowed down in 2023 in Europe, survey shows
Wholesale sales of soft contact lenses rose by 5.2 percent year-on-year to €2,157 million in 2023 for a group of 32 countries including 25 in Europe and a few others (Egypt, Israel, Saudi Arabia, Kuwait, South Africa and United Arab Emirates), according to the new annual report by Euromcontact, the ...
-
News briefs
VSP Vision and partner launch innovation challenge
VSP Vision is teaming up with MATTER, a Chicago-based healthcare and innovation hub, for the launch of the first VSP Vision Innovation challenge, a global competition aimed at enhancing the patient experience in eye care through new technologies. Both partners are calling on innovators to submit their solutions. Up to ...
-
News briefs
Charmant is closing its UK subsidiary
Japanese eyewear manufacturer Charmant has announced to its UK customers the closure of its branch in the country by the end of June this year. The company said that it would stop taking orders after April 19. UK clients requiring customer service after June will be rerouted to the company’s ...
-
News briefs
Zeiss creates myopia advisory board
ZEISS has announced the creation of a myopia adivory board to advise the group on various aspects related to myopia management. The board, which was established last year, comprises fourteen experts from clinical practice in optometry and ophthalmology, academia and the business world, covering several regions. Professor Padmaja Sankaridurg, head ...
-
ArticleSlight average eyewear stocks price hike in Q1 reflects extreme ups and downs
The average stock price of public eyewear companies inched up by 1.6 percent on a non-weighted basis during the first quarter of 2024, slowing down from the 8.4 percent growth calculated for Q4 2023. The Q1 2024 performance also fell short of the 8.1 percent quarter-on-quarter growth of the MSCI ...
-
News briefsHoya expects IT incident full recovery next week
On April 9, Hoya Vision Care released on its global website a new information update regarding the IT incident that has been affecting its production and order systems since March 30. The Japanese-based lens maker said that it was now expecting all its systems to be back online in the ...
-
News briefs
Safilo and Marc Jacobs renew eyewear partnership
Safilo Group has announced the early renewal of its multi-year eyewear license agreement with Marc Jacobs. The renewed partnership includes the design, manufacturing and global distribution of prescription frames and sunglasses bur also outdoor eyewear, goggles and helmets under the American fashion brand until December 2031. Safilo has been Marc ...
-
News briefs
Myopia management websites see growing interest from ECPs and consumers
Myopia Profile, an Australian-based myopia management information website for eye care professionals (ECPs), has seen a 50 percent year-on-year increase in traffic and engagement. The company said that the surge reflected a continued interest from ECPs for educational material on myopia management practices. The top six countries accessing the website ...
-
News briefs
Menicon promotes EMEA chief from within, acquires French specialty CL supplier
Japanese-based contact lens maker Menicon has announced the promotion of Remco Engelhart to the position of Menicon EMEA CEO. A seasoned manager with over thirty years of experience in the eye care sector, including previous positions at CooperVision, Bausch + Lomb or Sauflon, Engelhart joined Menicon Europe in 2017. Since ...
-
ArticleStudy suggests readers could ease poverty
The American journal Plos One has published a study concluding that the “provision of reading glasses increases income in near vision-intensive occupations, and may facilitate return to work for those currently unemployed.” The study was conducted in Bangladesh among presbyopic men and women aged 35 to 65, about half of ...
-
News briefsVuzix begins retail sales of AR glasses
Though still working through a backlog, Vuzix has increased production capacity and begun selling the Vuzix Shield to the general public. The Shield is a pair of smart safety glasses that provide augmented reality (AR) with stereoscopic microLED waveguide displays. President and CEO Paul Travers describes it as “the only ...
-
News briefs
Seaport ODLM appoints new president
Seaport ODLM has announced changes in its top management with the appointment of Nicolas Berdugo as president, in replacement of Francis Kessous, co-founder, who becomes president of the French eyewear company’s supervisory board. A seasoned executive, Berdugo has worked in senior management positions at fashion and luxury companies in the ...
-
News briefs
EssilorLuxottica closes Washin’s acquisition
EssilorLuxottica has officially confirmed that it closed the acquisition of Japanese retail chain Washin, on which we reported in February already, following the approval of Japanese competition authorities. The Italo-French group said that this acquisition paved the way for further investments in Japan and would provide greater insights on the ...
- Previous Page
- Page1
- Page2
- Page3
- Next Page
