Alcon Reports Fourth-Quarter Sales Gain and Notes That New Product Launches Drove Market-Share Gains in 2020

By Staff
Wednesday, February 24, 2021 12:24 AM GENEVA, Switzerland—Alcon (SIX/NYSE:ALC), a global leader in eyecare, reported Tuesday that its worldwide sales for the fourth quarter rose 2 percent on a reported basis to $1.9 billion. The increase was 1 percent on a constant currency basis.

CooperVision Specialty EyeCare Names Marie Blanchard as Global Lead for the Irregular Cornea Category

By Staff
Thursday, February 18, 2021 12:21 AM SAN RAMON, Calif.—CooperVision Specialty EyeCare has named Marie-Christine Blanchard as global lead, irregular cornea.

Bausch Health’s Board Responds After Icahn Capital Reports Holding an 8 Percent Stake in the Health Company

By Staff
Tuesday, February 16, 2021 12:24 AM LAVAL, Quebec—Bausch Health Companies issued a statement Friday in response to the news that activist investor Carl Icahn had accumulated a sizable stake in the health care company, as Icahn Capital noted in a Securities and Exchange Commission filing late last week.

Thélios Announces Sustainable Innovation Partnership With Mazzucchelli and Eastman

By Staff
Tuesday, February 9, 2021 12:21 AM LONGARONE/CASTIGLIONE OLONA, Italy and KINGSPORT, Tenn.—Thélios has announced it is partnering with leading acetate-sheet manufacturer Mazzucchelli 1849 and with specialty materials provider Eastman to push forward sustainable innovation in the eyewear industry.

EssilorLuxottica and CooperCompanies Announce Joint Venture for Acquisition of SightGlass Vision and Move to Expand Myopia Management Category

By Staff
Wednesday, February 3, 2021 4:30 PM CHARENTON-LE-PONT, France, and SAN RAMON, Calif.—EssilorLuxottica (Reuters: ESLA.PA) and CooperCompanies (NYSE:COO), two of the world’s leading vision care companies, said late Wednesday that they have entered into an agreement to create a 50/50 joint venture for the acquisition of SightGlass Vision, a U.S.-based life sciences company focused on developing innovative spectacle lenses to reduce the progression of myopia in children. EssilorLuxottica and CooperCompanies will leverage their shared expertise and global leadership in myopia management to accelerate the commercialization of SightGlass Vision spectacle lenses.

Safilo Group Reports Full Year 2020 Preliminary Sales

By Staff
Thursday, January 28, 2021 12:27 AM PADUA, Italy—The board of Safilo Group has examined and reported the Group’s preliminary net sales for the financial year ended Dec. 31, 2020. The Board will approve the full year annual results on March 11, 2021.

CooperVision Sponsors New Contact Lens Clinic at The Ohio State University College of Optometry

By Staff
Tuesday, January 26, 2021 12:13 AM SAN RAMON, Calif.—To support the education of countless future eyecare professionals, CooperVision has committed funding for the new eyecare clinic at The Ohio State University College of Optometry. Contact lens services provided by the clinic include soft contact lens fittings for the correction of myopia, astigmatism, and presbyopia, as well as myopia management for children through CooperVision’s Brilliant Futures Myopia Management Program featuring MiSight 1 day. VMAIL previously reported on Ohio State’s College of Optometry’s new clinic, which has a retail eyewear gallery with more than 3,000 frames, here.

CooperVision Specialty EyeCare Plans Upgrades and Expansion at Manufacturing Facilities in Arizona and Quebec

By Staff
Thursday, January 21, 2021 12:21 AM SAN RAMON, Calif.—CooperVision Specialty EyeCare said this week that it plans to make investments in its Gilbert, Ariz., and Sherbrooke, Quebec, manufacturing facilities. The moves are in response to the growing adoption of the company’s specialty contact lenses by eyecare professionals, the announcement noted. The Gilbert site—in suburban Phoenix—currently produces Paragon CRT contact lenses and materials. The group’s ambitious expansion plans will grow the facility to more than 45,000 square feet by 2025, with a refurbished shipping and warehouse center, and a substantially larger specialty lens manufacturing floor.

I-Deal Optics Celebrates 25 Years in Business

By Staff
Tuesday, January 19, 2021 12:27 AM TROY, Mich.—I-Deal Optics is kicking off the new year with a celebration of its 25th anniversary. Originally founded in 1996 by Mort Feldman and current president and CEO, Michael Feldman, I-Deal Optics began as a 300 square foot workspace within a lab located in Ferndale, Michigan.

Recollections of the the Late Al Berg in 'Making a Difference: How a Little Upstart Eyewear Company Changed the Optical Industry'

By Staff
Friday, January 15, 2021 12:21 AM DENVER and UPPER SADDLE RIVER, N.J.—Outskirts Press, Inc. has published Making A Difference: How a Little Upstart Eyewear Company Changed the Optical Industry by Al Berg as told to Frank Giammanco, a book which hosts the recollections about Marchon and the optical industry by Berg, former president and CEO of the eyewear company, who passed away in March, 2019.

A&A Optical Celebrates 50th Year in Business

By Staff
Thursday, January 14, 2021 12:21 AM CARROLLTON, Texas—This year, A&A Optical is celebrating its 50th anniversary. Originally founded as a two-person shop serving the Texas optical market, A&A Optical is now a third-generation organization serving optometrists, ophthalmologists and eyecare retailers throughout the U.S., Mexico, Canada, Latin America, South America, and the Caribbean.

Essilor and Luxottica Launch First Commercial Joint Product Offering in U.S., Ray-Ban Authentic, Enhanced With Essilor Technology

By Staff
Tuesday, January 12, 2021 12:27 AM DALLAS and NEW YORK—EssilorLuxottica is launching the first commercial product leveraging the strength of the new Group by strategically combining the expertise of Essilor and Luxottica and tapping the brand appeal of its most popular lines. The company's senior executives said that its latest edition of Ray-Ban Authentic "represents the perfect match of Ray-Ban’s legendary style and Essilor’s expertise in sight."

Eyewear ArtWalk Updates Its Plans, Exhibitors for Texas Tour This Month

By Staff
Tuesday, January 12, 2021 12:24 AM NEW YORK—The organizers of the Eyewear ArtWalk (EWAW) have announced the first 2021 EWAW tour in Texas on Jan. 18 in Houston, Jan. 19 in Austin and then Jan. 20 in Dallas.

Bausch Health Announces Plans to Reduce Debt By $275 Million

By Staff
Monday, January 4, 2021 12:21 AM LAVAL, Quebec, Canada—Bausch Health announced last week that it will pay down an additional $275 million of its senior secured term loans using cash on hand and cash generated from operations.

CooperVision Partners With EcoExploratorio to Create Scientific Room of Interactive Marine Life in Puerto Rico

By Staff
Monday, January 4, 2021 12:15 AM JUANA DIAZ, Puerto Rico—As part of its educational mission in STEM disciplines, EcoExploratorio Inc. has established a collaborative partnership with CooperVision to create the Scientific Room of Marine Life at the Puerto Rico Science Museum.