All Eyewear Intelligence articles in Volume 26 No. 21+22 – Page 3
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ArticleEye care and telemedicine in France: a case study
We took the opportunity of SILMO 2025 to take a look at the deployment of eye health telemedicine in France by visiting the booths of six companies supplying either teleconsultation or tele-expertise services. Both specialties are aimed at improving access to eye care, particularly in the so-called medical desert areas. ...
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ArticleModo gets $100m cash injection
House of Modo, the US-Italo group behind the Modo and Eco eyewear brands, has raised $100 million in a minority investment round led by Valiant Asset Management, an alternative credit investment firm focusing on the Western European corporate middle market and established in London in 2023. House of ...
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News briefs
EssilorLuxottica reinforces AI and medtech expertise with new acquisition
EssilorLuxottica announced its seventh M&A operation this year with the acquisition of Ikerian, a Swiss-based medtech startup founded in 1990 and operating under the RetinAI brand that will further reinforce the group’s medtech offering. RetinAI’s area of expertise is artificial intelligence (AI) and data management in eye care. It develops ...
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ArticleEssilorLuxottica posts record growth in Q3 as wearables boom comes with side benefits
The eyewear giant posted its strongest quarterly revenue performance since the Essilor-Luxottica merger, with wearables contributing over 4 percentage points to growth and helping rebalance wholesale and retail divisions. Side benefits of the smart glasses boom include increased penetration of premium lenses and halo effect on the Ray-Ban brand. Subscription business in EMEA is going strong too.
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News briefs
Alcon secures incentives to move two manufacturing lines from Europe to Fort Worth HQ
Alcon has secured up to $6 million in grants to relocate two contracted European manufacturing lines to the eyecare company’s headquarters in Fort Worth, Texas. The incentive package was recently approved by the Fort Worth City Council as part of an economic development program agreement with Alcon that is in ...
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News briefs
Leica Eyecare launches myopia management lens
Leica Eyecare, the ophthalmic lens subsidiary of Leica Camera, is entering the myopia management lens category, highlighting the growing importance of the segment. Called MONOVID MYOPIA, the lens incorporates more than 1,000 evenly spaced microlenses with an additive effect of +5.00 diopters, creating a myopic defocus in front of the ...
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ArticleEssilorLuxottica launches new B2B event with focus on innovations
EssilorLuxottica has announced the launch next year of a new trade event aimed at presenting the sector’s innovations, with a focus on AI wearables, medtech and myopia, to eye care professionals in the US and Europe. Called SWITCH: Vision Innovation Summit by EssilorLuxottica, the event will take place just before ...
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News briefs
Johnson & Johnson Q3 contact lens sales grow 5%
Johnson & Johnson reported contact lens sales of $1,018 million in the third quarter of 2025, up by 5.2 percent compared to the year earlier and 3.5 percent higher at constant currency rates. The increase in J&J’s top line was driven by market growth, the strong performance of the Acuvue-Oasys ...
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News briefs
Myopia management lens market up approximately 20% in Europe
The market for myopia management lenses in four key European markets (France, Germany, Italy and Spain) rose by 18 percent in value to €48 million in the first half of 2024, according to a report by NIQ-GfK. The research company also found that the market for myopia management contact lenses ...
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News briefsSea2See opens first branded shop
Sea2See, the eyewear brand manufacturing frames from marine waste material, is opening its first branded eyewear store in Grenoble, France. The venture is a partnership with Julien Clavel, an independent optician. The 95 square-meter shop showcases Sea2See’s entire collection and offers a range of optical services, including contact lenses. The ...
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ArticleFrench consumers spent €8.3bn on eyeglasses and contact lenses last year
The value of the French optical market rose by 3.4 percent year on year to approximately €8.3 billion in 2024, according to the latest annual report by DREES, the national research and statistic office on the healthcare sector. This marks a slight deceleration from the previous year, when optical expenses ...
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