Safilo Shareholders Approve 2023 Financial Statements; Angelo Trocchia Continues as CEO

By Staff
Thursday, April 25, 2024 12:27 AM PADUA, Italy—Safilo Group S.p.A. (SFLG.MI) has announced that shareholders have approved the company's 2023 financial statements and the board of directors’ report during their annual meeting yesterday, and viewed consolidated financial statements. In addition, a new board of directors was appointed, and as its first action confirmed that Angelo Trocchia, who has served as chief executive officer since April 2018, would continue in this role. Eugenio Razelli has been named chairman of the board of directors, according to the announcement, and director Jeffrey A. Cole is no longer serving on the board.

The National Average for Gross Revenue at ECP Locations Increased for the Week of April 15–21, Jobson’s Latest Practice Performance Tracker Shows

By Staff
Thursday, April 25, 2024 12:24 AM NEW YORK—The national average for gross revenue at ECP locations increased last week, April 15–21, when compared with the previous week at a rate of 7 index points. That places gross revenue at a level 4 index points above where it was at this point in time (Week 16) when compared with last year (2023), 17 points above the same period in 2022, 14 points above 2021, 107 points above 2020 (during COVID) and 22 points above 2019, according to Jobson’s most recent Practice Performance Tracker.

Meta Joins the AR Alliance for Augmented Reality Wearable Devices

By Staff
Thursday, April 25, 2024 12:21 AM PISCATAWAY, N.J.—The AR Alliance has announced that Meta, owner and operator of Facebook, Instagram, WhatsApp, and other products and services, and a leader in building technologies that help people connect, is joining the alliance as a founding member with a seat on the board of directors.

Specsavers Names Dr. Laurie Lesser as Head of Optometry Attraction

By Staff
Thursday, April 25, 2024 12:18 AM VANCOUVER, British Columbia—Specsavers, a provider of eyecare and eyewear with more than 100 independently owned optometric practices across British Columbia, has announced the appointment of Dr. Laurie Lesser as its head of optometry attraction.

DigitalOptometrics Surpasses 2 Million Remote Eye Exams

By Staff
Thursday, April 25, 2024 12:15 AM LAKE SUCCESS, N.Y.—DigitalOptometrics, LLC, a provider of remote eyecare examination solutions, has announced that it has surpassed 2 million remote comprehensive eye exams.

Kering Eyewear Sales Grow in First Quarter, Group’s Revenue Declines Sharply

By Staff
Wednesday, April 24, 2024 12:30 AM PARIS—Kering Eyewear, part of the global luxury group Kering, has reported revenue of €463 million in the first quarter of 2024, up 8 percent on a comparable basis. Overall, revenue from the Kering Eyewear and Corporate segment amounted to €536 million, up 24 percent as reported and up 9 percent on a comparable basis, the company announced. However, Kering Group’s revenue for the first quarter of 2024 was down 11 percent as reported and down 10 percent on a comparable basis to €4.5 billion, the company reported. The revenue drop includes a negative currency effect of 3 percent and a positive scope effect of 2 percent, resulting from the consolidation of Creed.

Neuroscience Tech Company Cognivue Names Paul W. Estes as President

By Staff
Wednesday, April 24, 2024 12:27 AM ROCHESTER, N.Y.—Neuroscience technology company Cognivue, Inc., has announced that Paul W. Estes has been promoted to president.

Prevent Blindness, Vision Ireland and the TAD Foundation to Host 2nd Annual New York Golf Classic on May 20

By Staff
Wednesday, April 24, 2024 12:24 AM CHICAGO—Prevent Blindness, a nonprofit eye health and safety organization, Vision Ireland, a nonprofit national sight loss agency, and the TAD Foundation, dedicated to increasing employment for the blind and low vision community, have announced that the 2nd Annual New York Golf Classic will be held at the Wykagyl Country Club in New Rochelle, N.Y., on Monday, May 20, 2024. Wykagyl is challenging for the expert golfer yet playable and enjoyable for the novice, and it is ranked one of the top 100 golf courses in the U.S., according to the announcement.

50th Commencement Ceremony for SUNY College of Optometry Will Feature Two Honorary Degree Recipients

By Staff
Wednesday, April 24, 2024 12:21 AM NEW YORK—The University of New York (SUNY) College of Optometry has announced it will award honorary degrees during the 50th commencement ceremony to two professionals who have made substantial contributions to the advancement of optometry, vision research and public health care: Richard E. Feinbloom and Stephen A. Burns Ph.D.

HUGO Eyewear Announces Partnership With Visa Cash App RB Formula 1 Team

By Staff
Wednesday, April 24, 2024 12:18 AM METZINGEN, Germany—HUGO Eyewear, designed and distributed by Safilo Group S.p.A., has announced its partnership with the Visa Cash App RB (VCARB) Formula 1 Team starting this season.

Jobson's Marc Ferrara Shares Industry Insights on The Power Hour Podcast

By Staff
Wednesday, April 24, 2024 12:15 AM NEW YORK—The optical industry is experiencing rapid technological change, with advancements being announced every day. Staying on top of the latest innovations and trends, however, has never been easier. Over the past few years, podcasts have been one of the top ways to access current industry news and hear from optical experts. The Power Hour, now in its 12th season, is one of the leading sources for interviews and information about the optical industry.

Eyewear Industry Mourns Passing of Sergio Luigi Cereda

By Staff
Tuesday, April 23, 2024 12:25 AM LOMBARDY, Italy—Sergio Luigi Cereda, influential eyewear designer and industry visionary, passed away on April 18, 2024, following a long illness, his family announced yesterday. Cereda was 88 years old and surrounded by family at his home in Castiglione Olona, Lombardy, Italy, when he passed. He is survived by his wife Ivana, daughters Caterina and Stefania and grandchildren Edoardo, Jordan Nicolo’ and Giada Grazia.

EyeCare Partners Announces Refinancing Transactions, Secures New Money Investment

By Staff
Tuesday, April 23, 2024 12:24 AM ST. LOUIS—EyeCare Partners LLC, a provider of clinically integrated eyecare, announced it has closed a private debt exchange with holders of a majority of its existing term loans. In addition, the company plans to launch a public debt exchange offer to remaining lenders, which is expected to further benefit the company through incremental debt discount capture and debt service flexibility. The completed transaction provides significant liquidity benefit through a combination of $275 million of new money, meaningful cash-to-paid-in-kind interest conversion and discount capture, according to the announcement.

CooperVision and AOA Collaborate to Launch The Myopia Collective

By Staff
Tuesday, April 23, 2024 12:21 AM SAN RAMON, Calif.—CooperVision and the American Optometric Association (AOA) have announced the launch of The Myopia Collective, a partnership aimed at elevating the standard of care among the optometry profession and its allies for children with myopia, the announcement stated.

New Research From Hoya Shows High Adaptation Rate and Tolerability of MiyoSmart Chameleon Lenses in Myopic Children

By Staff
Tuesday, April 23, 2024 12:18 AM BANGKOK, Thailand—Results from Hoya Vision Care's Early Experience Program (EEP) research program showed that patients could wear MiyoSmart sun solution Chameleon lenses an average of 12 hours per day during weekdays, and did not need to switch lenses when spending time outdoors.