Hoya Group Reports Significant Increases in Sales and Profits in First Quarter

By Staff
Friday, July 30, 2021 9:15 AM TOKYO—Boosted by strong sales in both North America and Europe, Hoya Group (7741:JP) on Thursday reported that sales for the first quarter (April 1 through June 30) of its current fiscal year totaled 158,000 million yen, an increase of 44.5 percent from the same period of the previous fiscal year. The quarterly profit before tax totaled 51,018 million yen, and quarterly profit amounted to 41,299 million yen, up 59.7 percent and 61.1 percent, respectively. The quarterly profit margin before tax was 32.3 percent, representing a year-on-year increase of 3.1 points. Read More

Review of Myopia Management: What a Parental Control App Is Teaching Us About Eye Health Care Service Utilization

By Staff
Friday, July 30, 2021 9:00 AM It has become incontrovertible that parents worldwide have all but lost control of their children’s use of digital smart devices. Research shows that parents’ attempts to reduce their children’s screen time are largely unsuccessful because of their inability to constantly police their children’s behavior and the addictive nature of these devices. One global study reported that many children spend seven or more hours on devices per day, amounting to almost half of their waking lives being wasted on screens. The myriad health problems resulting from compulsive and uninterrupted device use among children —including addiction, learning and social deficits, mental illness, obesity, diabetes, and myopia —require effective and scalable interventions urgently. Read More

Healthy Eyes Advantage (HEA) Acquires Professional Eye Care Associates of America (PECAA)

By Staff
Thursday, July 29, 2021 1:43 PM BOCA RATON, Fla.—Healthy Eyes Advantage (HEA) announced today that it has acquired Professional Eye Care Associates of America (PECAA), expanding its commitment to the independent eyecare channel and increasing the size of the community it serves to 12,000 independent eyecare professionals (IECPs) across all 50 states. The acquisition was completed on July 27. Financial terms were not disclosed. PECAA was founded in Portland, Oregon, in 2006 by three independent optometrists. Over the past 15 years, the company has grown from a small, Northwest based organization to one of the nation’s premier doctor alliance groups serving nearly 2,000 independent ECP members. Read More

Review of Optometry: Keep Glaucoma Care Close to Home

By Staff
Thursday, July 29, 2021 1:40 PM Referrals are a critical aspect of optometric practice, even among ODs who practice to the full extent of their license. Therefore, they must be prepared to collaborate with specialists while maintaining their position as the primary eye care provider. This involves offering detailed recommendations to any specialist to whom they are entrusting their patient’s care. “The role of the OD as the manager of their patients’ vision and medical eye wellness is a critical component of optometry that has been taken on by our profession very appropriately over the last decade or so,” noted James Thimons, OD, of Ophthalmic Consultants of Connecticut. Read More

Optical Sales Increased for the Week of July 19-25, Jobson’s Latest Weekly Tracker Shows

By Staff
Wednesday, July 28, 2021 9:03 AM NEW YORK—Optical sales increased slightly last week, July 19-25, with most product/service categories on the upswing, according to Jobson’s most recent Practice Performance Tracker. The national average for gross revenue at ECP locations increased by 1 index point, bringing it to within 1 index point of the level it reached at this point last year and 3 index points above where it was in 2019. All optical sales categories, except contact lenses, experienced slight upticks last week. Exams/refractions had the largest increase of 3 index points, while contact lenses at the other end of the sales spectrum decreased by 1 index point. Rounding out the increases were lens pairs, which were up 2 index points and frame units, up 1 index point. Read More

20/20 Europe: Luxottica Frames Spotted at the 74th Cannes Film Festival

By Staff
Wednesday, July 28, 2021 9:00 AM Luxottica has issued a raft of new images of celebrities wearing their brands, including the iconic collection Ray-Ban, at the Cannes Film Festival this summer. Among the famous faces wearing the sunglasses were icons of the cinema: Sean Penn, Owen Wilson, Wes Anderson, Pedro Almodovar, Benicio del Toro and Sophie Marceau. Sean Penn and Owen Wilson wore the iconic Ray-Ban Aviator 3025, and Izabel Goulart—the Brazilian fashion model—was seen wearing Ray-Ban State Street, a larger sized frame for women offering a hot retro look. This style will be featured in the new You Are On campaign. Read More

Transitions Optical Announces 2020 Innovation Awards Finalists

By Staff
Tuesday, July 27, 2021 5:09 PM PINELLAS PARK, Fla.—Transitions Optical announced the finalists for its annual Transitions Innovation Awards program, which recognizes both individuals and companies for their innovative efforts to support the Transitions brand over the past year. The winners will be announced later this year and honored during Transitions Academy 2022, January 16-19. “2020 was a unique year, and it’s now more important than ever to focus on the highlights and celebrate our Innovation Award finalists and their achievements,” said Jose Alves, general manager, Americas, Transitions Optical. Read More

Women In Optometry: Look on the Bright Side

By Staff
Tuesday, July 27, 2021 5:00 PM When you arrive at Wentz + Woodrich Eyecare in Lubbock, Texas, you can’t miss the floor-to-ceiling moss green wall decked with illuminated script reading: See the Bright Side. It’s the most positive of outlooks after all that Karly Woodrich, OD, and Garrett Wentz, OD, have been through since they opened in March 2020, only to be shut down five days later for emergent care only. “There are things that happen—and there’s been a lot since we opened—but it’s important to try to see the bright side,” Dr. Woodrich said. “It won’t always be this way. We try to live personally by that motto and at our practice, as well.” Read More

Gene Therapy May Preserve Vision in Retinal Disease and Serious Retinal Injury

By Staff
Monday, July 26, 2021 2:55 PM NEW YORK—Mount Sinai researchers have uncovered a potential pathway for treatment that can prevent blindness. Gene therapy in mouse models showed promise in preventing vision loss or blindness from serious retinal injury including optic nerve damage, and from retinal disease including diabetic retinopathy and glaucoma, Mount Sinai researchers report. Their study, published in the July 22 online publication of Cell, could transform treatment for those at risk of major vision loss from retinal degenerative diseases, which currently have no cure. Read More

Review of Optometric Business: Resource Improving My Patients’ Care and Office Experience

By Staff
Monday, July 26, 2021 2:50 PM As many of us know, examining some patients can be more demanding than others. Specifically, patients with Alzheimer’s disease, dementia, intellectual disabilities, or anxiety, can be a particular challenge. But a few years ago, I stumbled upon a trick that made these exams much more enjoyable. Our service dog Penny. It didn’t take long for me to get Penny certified as a service dog. While there are different levels of service dogs, and some require intensive training, Penny was already fairly well trained, so I only had to go through minor steps to get her certified as an emotional support animal (ESA). Read More

Registration Is Now Open for Vision Expo West 2021

By Staff
Friday, July 23, 2021 4:00 PM ALEXANDRIA, Va.—Registration is now open for Vision Expo West 2021, taking place September 22-25 at the Sands Expo & Convention Center in Las Vegas, Nevada. With Las Vegas fully reopened, the Show organizers, The Vision Council and RX, are planning a robust Show experience featuring several new neighborhoods, in addition to the return of The Suites, as well as extensive education opportunities and the return of the OptiCon @ Vision Expo program and hub. Students and young professionals can also look forward to The Career Zone and dedicated student programming. Read More

Review of Optometry: Optometry at Work—The How, When and Where of Who Delivers Care

By Staff
Friday, July 23, 2021 3:55 PM Over the next decade, the optometric workforce is projected to experience growth of 1.4 percent each year, a continued shift toward a female OD majority and a more limited additional capacity for the profession to expand than previously suggested, a recent national survey suggests. The investigation, based on 2017 data and published in Optometry and Vision Science, also found a lack of diversity in the profession. Minorities are poorly represented in optometry, which the authors cite as concerning and a barrier to care. Specifically, only 3.8 percent of respondents self-identified as Hispanic or Latino, 0.4 percent as Black/African-American and 0.2 percent as Native American. “This is clearly much lower than the overall population’s makeup and hopefully is a wake-up call to our profession to encourage minority recruitment,” said Brian Chou, OD, of San Diego. Read More

Johnson & Johnson Reports Rebound in Sales and Earnings, With Vision Care Segment Also Bouncing Back from 2020’s Dropoff

By Staff
Thursday, July 22, 2021 4:39 PM NEW BRUNSWICK, N.J.—Johnson & Johnson (NYSE: JNJ) reported Wednesday that its second-quarter sales increased 27.1 percent to $23.3 billion, with operational sales growth of 23 percent and adjusted operational growth of 23.8 percent. Net earnings increased 73.1 percent, totaling $6.3 billion in the recent quarter compared with $3.6 billion in the year-ago period, according to the announcement. In the J&J’s medical devices business segment, which includes vision care and contact lenses, worldwide sales rose 62.7 percent in the quarter on a reported basis (57 percent on an operational basis) to approximately $7 billion (compared with $4.3 billion in the year-ago period). Read More

Following Downturns from July Fourth Holiday, Optical Sales Make a Quick Recovery for Week of July 12-18, Jobson’s Latest Weekly Tracker Shows

By Staff
Wednesday, July 21, 2021 2:40 PM NEW YORK—Optical sales quickly recovered last week, July 12-18, following the previous week’s downturns due to the Independence Day holiday. In fact, the national average for gross revenue at ECP locations not only regained the -16 index points it lost the previous week (July 5-11) but also added an additional 2 index points last week for a total increase of 18 index points, according to the latest Practice Performance Tracker from Jobson. Last week, all optical sales categories not only regained the losses they experienced the previous week but also surpassed their prior levels. Read More

20/20 Europe: Kering Eyewear Acquires Danish Eyewear Company Lindberg

By Staff
Wednesday, July 21, 2021 2:37 PM Kering Eyewear has acquired Lindberg, the family-owned, award-winning Danish eyewear company, renowned for its titanium optical frames, design, innovative and patented technology and craftsmanship. The acquisition for 100 percent of the share capital of Lindberg was announced earlier this month. Founded in 1969 in Denmark by optician Poul-Jørn Lindberg and his wife as an optical store and turned into a multinational company by their son Henrik, Lindberg is a high-end manufacturer of design-oriented, lightweight, and customizable optical frames with a specialization in titanium. Read More