All Eyewear Intelligence articles in Volume 27 No. 2 – Page 3
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News briefs
Meta and Essilux ready for another Super Bowl push
After the Ray-Ban Meta commercial last year, Meta and EssilorLuxottica will again use the Super Bowl to promote their smart glasses this year, this time focusing on Oakley Meta with a new slogan “Athletic Intelligence is Here.” The new commercial will first air on Feb. 8 during the event and ...
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ArticleUS optical market up 4% in 2025 despite lower volumes
The US optical market value amounted to $69.5 billion last year, according to the latest Market inSights research by The Vision Council (TVC), the country’s eyewear industry association. The calculated value includes exams, frames, ophthalmic lenses, contact lenses, plano sunglasses and readers and, by TVC’s definition, captures consumer payments plus ...
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News briefs
Slower growth than expected in the Brazilian optical market
The Brazilian optical market grew by 4.1 percent to 27.1 billion reais (€4.5bn) last year according to Abióptica, the Brazilian eyewear industry association, falling short of its 5 percent growth estimate. Previous estimates after a very strong Q1 were even higher at approximately 7 percent, as we reported then. ...
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News briefs
Italy’s Anfao, trade unions reach agreement on new labor contract
The Italian eyewear trade association Anfao reached an agreement with trade union representatives on the terms of a new contract affecting the approximately 20,000 workers in Italy’s eyewear industry and covering the 2026-2028 period. The contract foresees a gradual increase in average monthly salaries over the three years, which will ...
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News briefsSpanish associations to cooperate on eyecare for the elderly
Two non-profit organizations in Spain, Visión y Vida and Acción Visión España, have signed a cooperation agreement for the joint development of programs to inform the public about and otherwise expedite eyecare. Their objective is to make eye health into a right for all, regardless of economic status, place of ...
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ArticleMitsui reports modest Life & Healthcare revenue hike, discusses vision care strategy
Mitsui Chemicals’ Life & Healthcare Solutions revenue inched up by 1.3 percent year over year to 174.1 billion Japanese yen (€941m) for the first nine months of fiscal 2024/25. Q3 sales were up by 2.6 percent. The division includes the group’s vision care materials business, among others (oral care, agrochemical ...
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ArticleTenpoint wins FDA approval for presbyopia drops, raises $235m
Tenpoint Therapeutics has received approval from the US Food and Drug Administration (FDA) for Yuvezzi (carbachol and brimonidine tartrate ophthalmic solution – formerly called Brimochol PF), which the company describes as “the first and only dual-agent eye drop for the treatment of presbyopia in adults.” Tenpoint expects to begin US ...
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ArticleMIDO attendance holds steady despite market difficulties
Attendance figures at the MIDO trade fair that ran from Jan. 31 to Feb. 2 in Milan matched those of the previous edition despite market difficulties provoked by tariffs and uncertainty on economic and geopolitical fronts that contributed to a decline in Italian eyewear exports last year. MIDO organizers announced ...
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ArticleMenicon turns 75 with brand new dailies factory in Malaysia
Menicon inaugurated yesterday its new daily contact lenses manufacturing facility in Kedah, Malaysia, in presence of officials from the Malaysian Investment Development Authority (MIDA). The building of the factory was first announced in 2022, and commercial production is now starting, only a few days before the 75th anniversary of the ...
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News briefs
HOYA unveils 6-month clinical trial data for new MiYOSMART iQ
HOYA Vision Care presented the results of a six-month clinical trial for MiYOSMART iQ, the new generation of its myopia management lens, at the 41st Asia-Pacific Ophthalmology last week in Hong Kong. Called DIMS TED, for Defocus Incorporated Multiple Segments Triple Enhanced Design, the new lens technology is based on ...
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ArticleBidco builds up stake in INSPECS amid stalled takeover process
The acquisition process of INSPECS Group by Bidco 1125, a new company created by British entrepreneurs Luke Johnson and Ian Livingstone, seems to have stalled as the eyewear company announced last Friday that the proxy shareholders’ votes received so far, if unchanged, would not enable the acquisition. Therefore, INSPECS is ...
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PDF NewsletterEyewear Intelligence: Vol 27 - No. 2
US optical market up 4% in 2025 despite lower volumes | Italian eyewear exports fall 4% in 2025 as sales to US tumble, industry pivots to other markets | Italy’s eyewear sector ramps up export promotion efforts | MIDO attendance holds steady despite market difficulties | Meta and Essilux reported AI glasses capacity doubling no easy task | Meta Reality Labs revenue up only slightly in 2025 despite three-fold jump in wearables sales | Hong Kong smart eyewear company seeks ‘billions of dollars’ in damages from Meta-Essilux | HOYA eyeglass lens sales up 11% in Q3 despite soft US/Europe performance | ZEISS targets cognitive overload with clearer lenses | IOT new lens tech promises leaner process, no water usage and no plastic waste | Mitsui reports modest Life & Healthcare revenue hike, discusses vision care strategy | The European eyecare sector remains an attractive M&A market | Safilo reports sales slowdown, higher margins for Q4 | Bidco builds up stake in INSPECS amid stalled takeover process | House of Modo launches $200 smart audio glasses, revs up growth plans with new investors | Johnson & Johnson Q4 contact lens sales grow 7.6% | Menicon turns 75 with brand new dailies factory in Malaysia | Opti finds momentum in stubbornly stagnant German optical market | Kenyan retail startup aims for scale and impact in East Africa | Macron’s Davos shades put Henry Jullien in the spotlight | Tenpoint wins FDA approval for presbyopia drops, raises $235m
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ArticleIOT aims for last-mile manufacturing with new, sustainable lens tech
If you have never heard about frontal photopolymerization, you are not alone. We too never had. However, if the promise made by Indizen Optical Technologies (IOT) with its new Light-Form Technology is fulfilled – no less than “a true paradigm shift in prescription lens manufacturing” – the industry may soon ...
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News briefs
EWI Vol. 27 n°2 - All short stops
PRODUCT & MARKETING +++ Adrien Brody, the two-time Academy Award winner for Best Actor, is the new global eyewear ambassador for Marchon’s Lacoste +++ +++ The World Council of Optometry (WCO) and Alcon have renewed their global partnership to advance dry eye disease professional education +++ EXECUTIVE CHANGES +++ EssilorLuxottica ...
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