All Eyewear Intelligence articles in Volume 26 No. 3+4
View all stories from this issue.
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News briefs
Nuance Audio cleared to launch in both the US and the EU
EssilorLuxottica has announced that it has received the FDA clearance for its over-the-counter Nuance Audio glasses and that is has also simultaneously received all the necessary authorizations, including the CE marking under the Medical Devices Regulation, to market the product in the European Union. Essilux has said that it ...
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News briefs
Thélios appoints DACH country manager
Thélios, the eyewear division of LVMH, has appointed Klaus Dietrich as Country Manager for the DACH region. Dietrich joins the company from Climate Partner, a Munich-based carbon-footprint consultancy where he had been working since 2022. Prior to that, he spent over a decade in sales senior management roles in the ...
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News briefs
ANFAO and other Italian fashion associations sign new support deal with government
The Italian Ministry of Foreign Affairs and International Cooperation (MAECI) signed last week a memorandum of understanding with three Italian industry associations to support the country’s fashion companies in their international expansion by, among other things, enhancing the value of the Made in Italy label and reinforcing the fight against ...
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News briefs
Another bleak year for the German optical industry but 2025 looks brighter
According to preliminary data presented by Spectaris at the opti show in Munich last weekend, sales by the German manufacturers of ophthalmic optics and consumers inched up by about 1 percent to 4.96 million in 2024. While the growth pace remained in line with 2023, the dynamics reversed as export ...
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Eyewear Intelligence: Vol 26 - No 3+4
Amazon enters the prescription eyewear segment in Germany | Sector market capitalization up 20% last year, boosted by Essilux | ZEISS looks for innovation in product, processes and business models to support commitment to global eye health | A look at myopia management in Europe with ECOO | Meta developing smart glasses for Oakley – among other things | To see or not to see? Rokid seeks a middle way between AR and VR | Safilo topline slipped below the €1bn mark in 2024, but margins slightly improved | National Vision reports improved performance in Q4, reshuffles top management | Kits CEO: ‘We are building an eyewear business for the customer of tomorrow’ | Seaport-ODLM banks on portfolio diversification to boost export business | Switching to a direct distribution model, Revo announces several appointments in Europe | Laclarée could have commercial autofocals next year, thanks to seed round | UK eye care health sector creates new online hub to predict disease, staffing trends | French NPO takes deep dive in ophthalmic lenses and eyewear frames’ carbon emissions | New report looks at US frames buyers criteria and habits | Vision Expo East presents show novelties, program ahead of first Florida edition
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News briefs
ZEISS Vision Care launches new coating and sun lens colors at opti
ZEISS Vision Care is expanding its coating portfolio with the launch of ZEISS DuraVision Gold UV, a new lens coating in the premium-tier segment that the company says offers even greater cleanability and improved scratch resistance. The upgraded durability and scratch resistance is enabled by multiple densely packed metal oxide ...
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News briefs
Blue light specialist Eyesafe to enter the eyewear market
Eyesafe, a US-based company that presents itself as “the world leader in blue light management”, has announced that it will launch Eyesafe Eyewear, its own line of blue light glasses. According to the company’s presentation, its product represents a breakthrough in quality and performance compared to any other glasses on ...
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News briefs
Meta Reality Labs losses expected to keep piling up as group pushes for AI glasses
Meta has reported a 13.2 percent year-on-year revenue increase to $2.1 billion for its Reality Labs division, which includes the group’s Metaverse and Wearables categories, in fiscal 2024. The Meta Ray-Ban smart glasses are part of Wearables, but the company is only disclosing revenue information for the Reality Labs unit ...
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News briefs
Mister Spex H2 sales sharply down despite solid increase in prescription eyewear order value
Mister Spex’s full-year preliminary results show that total revenue declined by approximately 3 percent to €216 million, which the group ascribed primarily to its international stores closures and its decision to significantly reduce discounts across the board. In contrast to the first half of the year, when sales in Germany ...
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Article
Laclarée could have commercial autofocals next year, thanks to seed round
The French start-up adds a Chinese shareholder.
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News briefs
Inspecs FY2024 sales slightly down despite H2 rebound
Announcing preliminary results, Inspecs Group has reported a 5.9 percent year-on-year uptick in H2 revenue to £97.5 million (€116.6m) thanks notably to a strong performance by its Eschenbach Optics division in both the US and Europe. The positive half-year performance fell just short of fully offsetting the sales decline reported ...
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Article
Amazon enters the prescription eyewear segment in Germany
After years of rumors and speculations, the e-commerce behemoth is entering the prescription eyewear market for good, starting with Germany, where its subsidiary announced earlier this week that it has started selling prescription eyeglasses. Amazon Optics, as the service is branded, is offering on amazon.de a wide selection of branded ...
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Article
Safilo topline slipped below the €1bn mark in 2024, but margins slightly improved
Reporting preliminary financial results, Safilo Group has announced that its Q4 2024 revenue decreased by 1.6 percent at current rates and by 1.1 percent at constant rates, amounting to approximately €235 million, according to our calculations. The company pointed out that, excluding the residual effect of the Jimmy Choo license ...
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News briefs
Maui Jim expands Red Bull partnership
Maui Jim will supply the whole Oracle Red Bull Racing team – drivers, pit crew and support staff – with its eyewear from the 2025 Formula One season, the companies have announced. The new multi-year agreement expands the collaboration between Kering Eyewear’s sunglass brand and the energy drink company, which ...
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News briefs
CooperVision appoints new president for Americas
CooperVision has announced the appointment of Steven Robbins, a three-decade healthcare veteran, as its President for the Americas region. Robbins joins the contact lens company from The New England Consulting Group, where he served as Managing Partner and was also involved in a consulting position in several CooperVision projects, including ...
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Article
Seaport-ODLM banks on portfolio diversification to boost export business
On the heels of a new European distribution partnership with Bollé Brands, French-based Seaport-ODLM is adding several brands to its portfolio in 2025 to address new market segments and grow outside its domestic market.
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News briefs
iVision Tech taps former Thélios plant director as COO
iVision Tech, the Italian-based OEM eyewear group, has announced the appointment of Gianluca Davanzo as its new Chief of Operations. Davanzo joins the company from the EURMODA Group, a supplier of metal parts and accessories for the fashion industry where he spent only a few months. Prior to that, the ...
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News briefs
Hoya Lens Iberia announces two management changes
Hoya Lens Iberia has announced the promotion of Fran Plaza as its Sales and Key Accounts Director, in addition to the manager’s current role of Country Manager for Seiko Optical Iberia. The company has also appointed Federico Ruiz Gómez, a former sales executive at contact lens makers Menicon and CooperVision, ...
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Article
UK eye care health sector creates new online hub to predict disease, staffing trends
Britain’s eye care sector has collaborated to create a new online data tool to help providers plan and design future services to deal with the National Health Service’s (NHS) large case backlog. The new hub forecasts the number of people expected to have a wide range of eye diseases and ...
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News briefs
Johnson & Johnson Q4 contact lens sales rise 6.3%
Johnson & Johnson reported contact lens sales of $937 million in the fourth quarter of 2024, up by a reported 6.3 percent compared to the year earlier and 7.4 percent higher at constant-currency rates. Growth was driven by trade inventory dynamics, price actions, the continued strong performance of the Acuvue ...