By Staff
Wednesday, May 24, 2023 12:24 AM
FARMERS BRANCH, Texas—National optical retailer
Eyemart Express is expanding its footprint in Indiana with the opening of four new stores. This May, new storefronts in Avon, Columbus, Evansville, and Fishers will mark the company’s first presence in the Evansville and Indianapolis markets.
By Staff
Wednesday, May 24, 2023 12:18 AM
GOLDEN, Colo.—
Optometry Giving Sight (OGS) has announced the addition of Susy Yu, OD, MBA, FAAO, to its board of directors. Dr. Yu has served for more than 20 years as director of strategy and operations support at Vision Essentials by
Kaiser Permanente.
By Staff
Wednesday, May 24, 2023 12:15 AM
NEW YORK—The deadline for submissions to
Vision Monday's signature
Annual Top 50 U.S. Optical Retailers Report is today, May 24, at 11:59 p.m. The report and ranking will be published in
VM's upcoming June print/digital edition this year. The annual survey spans regional and national retailers and ECP groups for the exclusive report, which will collect and present sales and operations data for the calendar year ending Dec. 31, 2022. Noted Marge Axelrad, SVP/editorial director of
Vision Monday, "Given the still-challenging business climate of the past year, it’s important that we collect information directly from as many optical retailers as we can, so we can best manage the task of developing
VM estimates for companies and their businesses.
By Staff
Friday, May 19, 2023 12:15 AM
NEW YORK—The deadline for submissions to
Vision Monday's signature
Annual Top 50 U.S. Optical Retailers Report has been extended to May 24. The report and ranking will be published in
VM's upcoming June print/digital edition this year. The annual survey spans regional and national retailers and ECP groups for the exclusive report, which will collect and present sales and operations data for the calendar year ending Dec. 31, 2022. Noted Marge Axelrad, SVP/editorial director of
Vision Monday, "Given the still-challenging business climate of the past year, it’s important that we collect information directly from as many optical retailers as we can, so we can best manage the task of developing
VM estimates for companies and their businesses.
By Staff
Thursday, May 18, 2023 12:21 AM
NEW YORK—
Tura has announced the renewal of its exclusive license with Gwen Stefani’s L.A.M.B and Gx eyewear collections. This renewal is for several more years.
By Staff
Thursday, May 18, 2023 12:15 AM
NEW YORK—The readers of
Vision Monday and
20/20 Magazine are being asked to
share their choices for great business support partners in another challenging business year, via the new Ultimate Partners program. Nominations for 2023 have been coming in over the past several weeks and the deadline for submissions has been extended until 11:59 p.m., ET, on May 24. Readers are being asked to recall when they were facing a critical challenge, in 2022 and into this year, and to salute the business partner who showed up at the right moment to reshape that problem into an opportunity or name which supplier, or representative, came to the rescue with valuable new solutions.
By Staff
Wednesday, May 17, 2023 12:18 AM
NEW YORK and BARCELONA—
Revo has announced the opening of its first flagship store in Barcelona, Spain. Located on Baixada de la Llibreteria in the Gothic Quarter, the store is in one of the city’s most charming and highly trafficked neighborhoods.
By Staff
Tuesday, May 16, 2023 12:15 AM
NEW YORK—The deadline of May 18 is approaching for submissions to
Vision Monday's signature
Annual Top 50 U.S. Optical Retailers Report, which will be published in its upcoming June print/digital edition this year. The industry's leading news platform is kicked off its annual
survey among regional and national retailers for the exclusive report, which will collect and present sales and operations data for the calendar year ending Dec. 31, 2022. Noted Marge Axelrad, SVP/editorial director of
Vision Monday, "Given the still-challenging business climate of the past year, it’s important that we collect information directly from as many optical retailers as we can, so we can best manage the task of developing
VM estimates for companies and their businesses.
By Staff
Monday, May 15, 2023 12:24 AM
NEW YORK—
Modo announced its acquisition of
Lowercase, a Brooklyn, New York-based independent eyewear manufacturer. Gerard Masci founded Lowercase in 2016 on the commitment of quality craftsmanship in bold, retro designs.
By Staff
Friday, May 12, 2023 12:27 AM
DULUTH, Ga.—
National Vision Holdings, Inc. (NASDAQ: EYE) reported net revenue increased 6.6 percent to $562.4 million compared to the first quarter of 2022, comparable store sales growth of 3.0 percent and adjusted comp store sales growth of 0.8 percent for the period. Net income for Q1 $18.3 million compared to $30.1 million respectively in Q1 2022. Reade Fahs, CEO, stated, “Amidst an uncertain macro environment, we delivered positive comparable sales growth for the first quarter driven primarily by strength in our managed care business.
By Staff
Friday, May 12, 2023 12:15 AM
LONDON and SAN DIEGO—
Classique Eyewear and
Taylor Morris London have announced a partnership that sees Taylor Morris launching its optical and sun collections in the U.S. exclusively with Classique Eyewear.
By Staff
Thursday, May 11, 2023 12:24 AM
ROME and LONGARONE, Italy—
Bulgari and
Thélios have announced a new partnership for the creation, manufacturing and worldwide distribution of Bulgari eyewear. This strategic partnership will officially begin in January 2024.
By Staff
Thursday, May 11, 2023 12:21 AM
CHARENTON-LE-PONT, France and DUBAI, UAE—
EssilorLuxottica and
Chalhoub Group have signed a joint-venture for the development of direct eyewear retail in the GCC (Gulf Cooperation Council) region.
By Staff
Thursday, May 11, 2023 12:15 AM
VARESE, Italy—Italian eyewear company
Mirage has announced that it has completed the certification cycle for the creation and implementation of an Environmental Management System (EMS) and obtained ISO 14001:2015 certification. This certification comes after a three-year process. ISO 14001:2015 certification requires compliance with the most important environmental standards and represents a particularly significant milestone for the company, which specializes in the production of injection molded eyewear. The certification asserts that Mirage’s EMS takes into account all environmental aspects and risks related to: energy and water consumption, air pollution and emissions, the choice of raw materials, waste management, investments in environmental responsibility, the use of chemicals, maintenance procedures and, finally, training and education activities.
By Staff
Wednesday, May 10, 2023 12:33 AM
NEW YORK—
Warby Parker Inc. (NYSE: WRBY) reported revenue increases, an improvement in revenue per customers and reduced losses for the first quarter ended March 31, 2023. In year-over-prior-year highlights, Warby reported revenue reached $172 million for the three-month period, an increase of $18.8 million, or 12.2 percent. GAAP net loss improved by $23.3 million to $10.8 million. Adjusted EBITDA increased $17.0 million to $17.7 million while average revenue per customer increased 8.4 percent to $270. Warby stated that its active customers increased 2.5 percent in the period to 2.29 million.