All Eyewear Intelligence articles in Volume 26 No.5+6
View all stories from this issue.
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News briefs
Rodenstock to close Optovision plant
Rodenstock Group announced on Friday last week that it would be terminating the production of lenses at its Optovision unit in Langen, Germany, and relocating it “primarily”’ to its largest and most modern production site in Klattau, Czech Republic. The announcement follows six months after a similar one concerning the ...
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PDF NewsletterEyewear Intelligence: Vol 26 - No 5+6
EssilorLuxottica ends solid year with Q4 acceleration | Essilux to ramp up Ray-Ban Meta annual capacity to 10m pairs | Italian eyewear exports edge down in 2024, industry looks to recovery in H2 | MIDO announces 9% attendance increase to 42,000 visitors | Kering Eyewear reports solid Q4, outperforms group in annual revenue growth and profitability | De Rigo sales rise 7% as high-end brands shine | Hoya reports 5% Health Care Q3 sales uptick, starts myopia control lens trial in the US | ZEISS launches new connected eye care service and screening device | Mitsui builds new MR factory to tap growing high-index lens demand | Flō Optics ready to “disrupt the ophthalmic industry” after $35m cash injection | Warby Parker expects sales momentum to continue, unveils Target partnership | Synsam posts double-digit Q4 growth, hits record Ebit in full year | National Vision remains in the red in Q4, aims for more managed care business | Zoff sales and margins significantly up in FY24 | Bausch + Lomb sees double-digit contact lens sales growth, developing biomimetic lens | Menicon modest Q3 growth driven by price revisions | Electronics blue light specialist steps into eyewear, aims to establish new standards | Eyewear consumers seek value for money, digital channel gains importance but stores resilient | Study looks at eyewear VTO usage and perception in France and the US | Opti hails 2025 success, announces earlier dates for 2026
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ArticleWarby Parker expects sales momentum to continue, unveils Target partnership
Warby Parker is looking for its sales growth momentum to continue in 2025, as it targets a further 14-16 percent increase in its top line and 45 new store openings, including five shop-in-shop stores at Target that will make their debut in the second half of the year as part ...
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News briefs
CooperVision launches MiSight ophthalmic lenses in the Iberian market
CooperVision is expanding its myopia management offering beyond contact lenses in Spain and Portugal with the launch of MiSight Spectacle ophthalmic lenses in Spain. The lenses integrate SightGlass Vision’s Diffusion Optics Technology (DOT) whose patent-protected mechanism decreases the contrast signals that can cause myopia progression according to the company’s presentation. ...
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ArticleNational Vision remains in the red in Q4, aims for more managed care business
Sales from continuing operations were up by 3.9 percent versus 2023 to $437 million in Q4, but operating losses widened.
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News briefs
Modo children eye care support program has helped 2 million children
Modo Eyewear has announced that its “Buy a Frame – Help a Child See” program has reached 2 million children since launch in 2013. The initiative offers children vision screenings, optometrist exams, prescription glasses and corrective treatments at no cost. “Buy a Frame - Help a Child See” is run ...
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ArticleZoff sales and margins significantly up in FY24
Total revenue increased at a double-digit pace in 2024, thanks to new store openings, higher volumes and a more favorable price mix.
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News briefs
Alcon Q4 contact lens sales grow 10% on product innovation, price increases
Alcon reported sales of contact lenses of $638 million in the fourth quarter ended Dec. 31, a 10 percent increase that was driven by demand for innovative products, including its toric and multifocal lens modalities, and price increases. On a constant-currency basis, sales rose by 11 percent. Full-year contact lens ...
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News briefs
Kubota Glass myopia control technology patented in the US
Kubota Vision, a subsidiary of Kubota Pharmaceutical Holdings, has announced the issuance of a patent covering its Kubota Glass technology from the US Patent and Trademark Office for both glasses-based and contact-lens devices. Designed to slow down the progression of myopia, the technology works by projecting images slightly in front ...
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News briefs
Marcolin appoints new VP of optical sales for the US
Marcolin has announced the appointment of Mark Parisi as its new Vice President of optical sales and key accounts for the US. A seasoned manager with over 20 years of experience, Parisi joins the Italian eyewear company from the ABB Optical Group where he has served as Chief Revenue Officer ...
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News briefs
US workers eye health worsens, survey finds
The increasingly digital workplace is taking a toll on US workers’ eye health according to a study by VSP Vision Care and Workplace Intelligence with 800 human resource managers and 800 full-time employees. On average, current employees screen time amounts to 97 hours a week, up by nearly one hour ...
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ArticleMitsui builds new MR factory to tap growing high-index lens demand
Mitsui Chemicals’ Life & Healthcare division revenue increased by 9.4 percent for the first nine months of fiscal 2024/25 to 206.6 billion Japanese yen (€1.3bn), accelerating slightly in Q3. The business unit includes Mitsui’s ophthalmic lens materials, but also other product categories such as agrochemicals or nonwovens. The company does ...
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News briefs
British opticians association partners with Johnson & Johnson on professional training
The Association of British Dispensing Opticians (ABDO) has announced that contact lens maker Johnson & Johnson Vision has become its first Gold CBD Partner. CBD being the acronym for Continuing Professional Development, the partnership is focused on professional training. It includes a series of CPD events, twelve regional sessions and ...
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News briefs
Rapper A$AP Rocky named creative director for Ray-Ban Studios
EssilorLuxottica has announced that it has named rapper and record producer A$AP Rocky as the first-ever creative director for Ray-Ban Studios. The company said that the artist would bring ”his distinctive vision and trendetting influence to guide creative projects that will shape the future of the brand.” The first collection ...
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ArticleSynsam posts double-digit Q4 growth, hits record Ebit in full year
The Nordic retail group’s performance was again driven by its spectacles subscription plans whose annual sales increased by 13 percent year on year to account for 53 percent of total group revenue.
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News briefs
Will the French buy recycled glasses at their local post office?
Lunettes de Zac, a French startup specializing in the recycling of used glasses, is exploring an unusual partnership with La Poste, the French postal service. During the collaboration’s one-year trial phase, over a hundred post offices in France will display a collection box for visitors to drop their old pair ...
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News briefs
Paris Miki revenue down in Q3 as prescription eyewear volumes decline
Paris Miki’s revenue inched down by 0.6 percent year-on-year to 12,610 million Japanese yen (€79.8m) in the third quarter of fiscal 2024/25. Domestic sales, which account for approximately 90 percent of the Japanese-based retailer were down by 0.5 percent in reported terms and by 2.1 percent on a comparable-store basis. ...
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ArticleBausch + Lomb sees double-digit contact lens sales growth, developing biomimetic lens
Bausch + Lomb reported contact lens sales of $247 million in the fourth quarter of 2024, up by 11 percent compared to the year earlier and 13 percent higher at constant currency rates. Growth was driven by the continued strength of its daily disposable silicone hydrogel contact lenses and was ...
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ArticleElectronics blue light specialist steps into eyewear, aims to establish new standards
Partnering with global consumer electronics brands such as Dell, HP or Samsung, Eyesafe has focused until now on devices for its blue light products. The company is now entering the eyewear market in the US with a wholesale and direct-to-consumer approach.
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News briefs
Eyes + More targets small and medium-sized German cities to grow network
In a first major move since the company was acquired by investment fund KKR last year, Nexeye has announced plans to open 150 new Eyes + More stores in Germany in the next four years, with 30 openings scheduled before the end of 2025. Nexeye said that it was planning ...
