AbbVie Announces Extension of Expiration Date for Exchange Offers for Allergan Notes

By Staff
Tuesday, April 7, 2020 12:18 AM NORTH CHICAGO, Ill.—AbbVie Inc. has extended the expiration date of the offers to exchange any and all outstanding notes of certain series issued by Allergan Finance, Allergan Inc., Allergan Sales and Allergan Funding SCS for new notes to be issued by AbbVie.

Luxottica to Donate Hundreds of Thousands of Medical Masks, Outlines COVID-19 Safety and Relief Efforts

By Staff
Friday, April 3, 2020 12:27 AM NEW YORK—Responding to the COVID-19 pandemic, Luxottica Group has taken a number of steps, both in North America and Italy, to protect customers, employees, partners and medical workers. In the U.S., Luxottica is donating 8,000 pairs of protective eyewear and 100,000 medical masks to hospitals in New York, California, Atlanta and Cincinnati.

Zyloware Announces Temporary Closure of Corporate Facilities Due to COVID-19

By Staff
Wednesday, March 18, 2020 12:18 AM NEW YORK—Zyloware has announced a voluntary and temporary closure of its corporate facilities due to COVID-19. The closure will begin at the end of business on Thursday, March 19 and have a projected reopen date of Monday, April 6. Zyloware said this decision will give its employees the ability to stay home and self-quarantine, as Zyloware’s corporate offices and distribution center are both located in the New York tri-state area, where the virus continues to unfold. In a press release, the company said, "As a 97-year old family legacy business, one of our main core beliefs is 'family first.'...We are increasingly concerned about the health, safety and well-being of our employees."

Vision Source Announces Postponement of The Exchange 2020 Conference

By Staff
Tuesday, March 17, 2020 12:24 AM KINGWOOD, Texas—Vision Source has informed its members that The Exchange 2020 conference has been postponed to a later date, according to an announcement posted to The Exchange website.

Safilo and Isabel Marant Announce 10-Year Global Licensing Agreement

By Staff
Wednesday, March 11, 2020 12:24 AM PADUA, Italy and PARIS—Safilo and Isabel Marant have announced a 10-year global agreement for the design, manufacture and distribution of Isabel Marant sunglasses and optical frames. This marks Isabel Marant’s entrance into eyewear licensing, and the company’s first collection with Safilo will be launched with the Spring/Summer 2021 lines. Angelo Trocchia, CEO of Safilo Group, said, “We are pleased to welcome to our portfolio one of the coolest French designer brands whose unique expression and iconic style ensure it stands out within the advanced luxury design segment.

First 20 ECPs Certified for CooperVision’s Brilliant Futures Myopia Management Program

By Staff
Wednesday, March 11, 2020 12:21 AM SAN RAMON, Calif.—Twenty eyecare professionals (ECPs) from across the U.S. are the first certified ODs to prescribe under CooperVision’s new Brilliant Futures Myopia Management Program, which features the MiSight 1 day contact lens as its cornerstone, according to an announcement. Following an in-person educational workshop covering clinical, technological, and child-parent interaction content, each of the 20 ODs then successfully completed an online exam. The CooperVision MiSight 1 day lens is the first and only product approved by the Food and Drug Administration (FDA) for slowing the progression of myopia in children, who at initiation of treatment are 8-12 years of age, as VMAIL reported.

Kids Eyewear Brand Pair Eyewear Will Appear on Shark Tank This Week

By Staff
Thursday, March 5, 2020 12:18 AM NEW YORK—Pair Eyewear, a customizable children’s eyewear brand that offers affordable, interchangeable frames through a direct-to-consumer model, has announced an appearance on an all-new episode of Shark Tank, which will air on ABC this Friday, March 6 at 8:00 p.m. EST. The episode (ep. #1106) will also be available next day on demand and on Hulu. Founders Nathan Kondamuri and Sophia Edelstein will face Sharks Mark Cuban, Kevin O’Leary, Lori Greiner, Robert Herjavec and guest Shark, founder and CEO of Stitch Fix, Katrina Lake, who will be making her debut on the show on Friday.

Marcolin USA National Sales Meeting Emphasizes Connectivity, Spotlights New Brand Launches

By Staff
Wednesday, March 4, 2020 12:18 AM SOMERVILLE, N.J.—Marcolin USA held its national sales meeting last month, from February 7-9, 2020, at the Paséa Resort & Spa in Huntington Beach, California. The meeting included Marcolin employees, executives, the nationwide sales team and guests from across the entire organization, including members from the optical and retail channel sales teams, as well as key and corporate account sales agents from across the U.S. The theme for this year’s event was “Win in a Connected World.”

Alcon's Endicott Seeks to Build on First-Year Progress, Invest in ECP Relationships and 'Complete the Swing' to a Standalone Company

By Staff
Monday, March 2, 2020 12:24 AM GENEVA—With its first year of operating as a standalone independent company just about wrapped up, Alcon (SIX/NYSE:ALC) is pleased with its progress but expects to build upon this initial success as it unlocks the company’s full potential in the eyecare sector. This was the message from chief executive officer David Endicott, who has been leading Alcon since last April.

Safilo Introduces 'Full Hybrid' Toyota and Lexus Company Car Fleet as Part of Its Sustainable Business Commitment

By Staff
Monday, March 2, 2020 12:18 AM PADUA, Italy—Safilo has announced a renewal of its company car fleet as part its sustainable business commitment.

Alcon Reports 'Strong Growth' in Sales for Full Year 2019 as Core Operating Profits Improve

By Staff
Wednesday, February 26, 2020 12:24 AM
GENEVA—Alcon (SIX/NYSE:ALC) reported Tuesday financial results for the full year 2019 that showed worldwide net sales of $7.4 billion, an increase of 3 percent (5 percent on a constant currency) basis), as core operating income grew 4 percent (11 percent at constant currency). This marked the third consecutive year of top-line growth on a constant currency basis, Alcon said in its announcement. The eyecare company noted that its business has benefited “from steady improvements in innovation, new product flow and strong commercial execution.”

Charmant Group Promotes Masato Nakagaichi to Executive Vice President

By Staff
Wednesday, February 26, 2020 12:18 AM MORRIS PLAINS, N.J.—Charmant Group has announced the promotion of Masato Nakagaichi to the role of executive vice president, effective immediately. In this new role, Nakagaichi will be responsible for the daily operating performance of the U.S. subsidiary. This includes finance, strategic sales planning and analysis. Before taking on this role, Nakagaichi spent three years as director of corporate planning. He has worked at Charmant for 23 years, taking on roles including sales manager for export sales and sales support manager responsible for wholesale business covering Germany, France and the U.K.

Maui Jim Elevates Four Internal Leaders Following Rapid Growth in Optical

By Staff
Monday, February 24, 2020 12:21 AM LAHAINA, Hawaii—Following the company’s rapid growth in the optical sector, Maui Jim has announced that four key internal leaders have been elevated.

Johnson & Johnson Vision Announces ‘Prioritize Your Eyes’ Program to Elevate Eye Health

By Staff
Friday, February 21, 2020 12:27 AM JACKSONVILLE, Fla. and SANTA ANA, Calif.—Johnson & Johnson Vision has announced the launch of Prioritize Your Eyes, a worldwide effort to raise awareness about the connection of eye health to overall health. Prioritize Your Eyes encourages everyone to take the single most important step to protect their eyes—getting an eye exam—and is part of the company’s ongoing commitment and collaboration with various partners and professional organizations to elevate eye health and make 2020 the year of greater eye health awareness, according to the announcement.

Bausch Health Cites B+L Business as a Factor in Company’s 2019 ‘Resurgence’ and Strong Performance

By Staff
Thursday, February 20, 2020 12:21 AM LAVAL, Quebec—Bausch Health Companies Inc. (NYSE/TSX: BHC) reported Wednesday that it achieved sales growth of 5 percent in the fourth quarter and 3 percent for the full year of 2019. In addition, Bausch said the fourth-quarter results marked the eighth consecutive quarter of total organic revenue growth. Fourth-quarter revenues totaled $2.224 billion (an increase of $103 million compared with $2.121 billion in the year-ago period), while adjusted EBITDA totaled $898 million. The company also reported a GAAP net loss of $1.516 billion in the fourth quarter, which compares with a net loss of $344 million in the year-ago period.