Estee Lauder Completes Acquisition of Tom Ford Brand; Marcolin Reiterates Extension of Its Long-Term Eyewear Licence

By Staff
Tuesday, May 2, 2023 12:18 AM NEW YORK and LONGARONE, Italy—The Estee Lauder Companies (ELC) announced the completion of its acquisition of the Tom Ford brand on Aug. 28 and the company is now the sole owner of the brand and all its intellectual property.

National Vision Launches See Inside Frame Collection to Highlight Mental Health Awareness

By Staff
Monday, May 1, 2023 12:18 AM DULUTH, Ga.—National Vision, Inc. has recognized the start of Mental Health Awareness Month this month with the launch of its new limited edition See Inside frame collection, designed to bring attention to the importance of mental health.

Kering Eyewear's Q1 Reflects 11 Percent Comparable Sales Gains

By Staff
Wednesday, April 26, 2023 12:18 AM PARIS—Within the Kering Group's overall first-quarter financial report yesterday, the company characterized its Kering Eyewear division's performance as "excellent" for the period.

Innovative Eyewear, Inc. Launches First ChatGPT Enabled Smart Eyewear

By Staff
Wednesday, April 12, 2023 12:15 AM MIAMI—Innovative Eyewear, Inc. the developer and retailer of smart eyewear under the Lucyd, Nautica and Eddie Bauer brands, announced that it has launched a new iOS/Android app called Lucyd.

Europa Promotes Derrick Stinnett and Doug Pelkey to New Sales Leadership Roles

By Staff
Monday, April 3, 2023 12:18 AM VERNON HILLS, Ill.—Europa Eyewear announced that Derrick Stinnett has been promoted to director of sales operations and Doug Pelkey has been promoted to business development manager.

Accessories Council Announces 2023 Honorees for 27th ACE Awards, to Be Held in NYC on May 3

By Staff
Thursday, March 23, 2023 12:18 AM NEW YORK—The Accessories Council has announced the 27th annual ACE Awards will take place on Wednesday, May 3 in New York City at Cipriani 42nd Street and that its ACE Awards will once again recognize "incredible achievements among the Who’s Who of the accessories, footwear, and jewelry industries.

CFDA Eyewear Designers Launch 2023 Pride Collection With Percentage of Proceeds to Benefit the TransLatin@ Coalition

By Staff
Tuesday, March 21, 2023 12:18 AM NEW YORK—In honor of Pride Month in June, five independent CFDA (Council of Fashion Designers of America) eyewear designers are uniting to launch the second annual edCFDA Pride Eyewear Initiative.

BrillenEyes and Eyeporters Name Linda Laube as Senior Director of Business Strategies

By Staff
Tuesday, March 14, 2023 12:15 AM LAKE FOREST, Calif.—Linda Laube has recently joined BrillenEyes and Eyeporters as senior director of business strategies. In this newly created hybrid position Laube will be working for both “sister” companies.

LOFT NYC Is Expecting Increased Traffic in 2023

By Staff
Wednesday, March 1, 2023 12:15 AM NEW YORK—LOFT NYC, the annual independent eyewear show, is preparing for increased crowds in this post pandemic recovery, organizers said, as the event prepares to run March 16-19 at the Hudson Mercantile event space at the corner of 10th Avenue and West 36th Street in New York City.

'Vogue Business x Thélios Talks: Framing the Future of Luxury Eyewear' Will Be an International Event Series Kicking Off in New York on March 16

By Staff
Wednesday, February 22, 2023 12:15 AM PARIS and LONGARONE, Italy—Thélios, the LVMH eyewear expert, and Vogue Business have announced an exclusive series of industry talks on luxury eyewear. The series of in-person events, titled Vogue Business x Thélios Talks: Framing the Future of Luxury Eyewear, will explore the opportunities, trends and dynamics of the luxury eyewear category. The international series of talks will be hosted throughout the year, starting with New York City on March 16, before venturing to Rome in May and Paris in September.

Safilo USA to Embark on Immersive Multi-City Customer Partnership Tour Across North America

By Staff
Wednesday, February 15, 2023 12:18 AM SECAUCUS, N.J.—Safilo USA is announcing the kick-off of an immersive, multi-city 2023 Safilo Partnership Tour—making stops in key markets across North America—in order to connect and engage with customers in their local communities.

A Touch of Neon

By Gwendolyn Plummer
Sunday, January 29, 2023 12:20 AM Neon detailing is the perfect way to add some bold, bright excitement to any frame—and it’s been popping up all across this season’s newest collections.

NOW Pavilion Is Set to Return to Vision Expo East 2023

By Staff
Friday, January 27, 2023 12:24 AM ALEXANDRIA, Va.—The NOW Pavilion is returning to Vision Expo East 2023. The pavilion will feature a curated selection of frames and lenses that embody the latest trends and innovations in eyewear, according to show organizers The Vision Council and RX Global. Participating exhibitors are invited to submit products as complimentary, value-added opportunities to gain additional exposure at the show. Final product selection will be chosen by an advisory review committee of esteemed media and retailers immediately following the February 1 product submission deadline.

Eyewear Market Is Expected to Soar in Next Decade

By Staff
Tuesday, January 10, 2023 11:26 AM The number of people requiring glasses is on the rise, leading to a surge in the eyewear market. A new study published by Research and Markets shows the eyewear industry is expected to grow from $90.75 billion in 2121 to nearly $99 billion in 2022. This reflects a compound annual growth rate (CAGR) of approximately 9 percent. 

Long-term growth for the industry is expected to reach record values of $156 billion by 2026, holding steady at a CAGR of 8.9 percent. This figure is expected to double by 2030 reaching $323 billion as sales of contact lenses, eyeglasses and sunglasses skyrocket. 

The largest market region remains North America, with Asia Pacific close behind. According to figures from Statista, the U.S. eyewear industry was more than double the size of China in 2021, with Luxottica receiving the largest share of eyewear sales. Brands like Ray-Ban, Persol and Oakley are among the most popular with U.S. consumers. Vision Source, Walmart, National Vision Holdings and Eyecare Partners round out the top five retailers in the U.S., according to Statista. 

Smart glasses sales are also expected to rise as users see these technologies as less of a novelty. Bluetooth connectivity, open ear speakers and fitness trackers will be the main drivers for smart glasses sales as consumers look for functionality and modular design in their eyewear purchases.

Setting the Tone With Color

By Mary Kane
Friday, December 16, 2022 8:30 AM For anyone in the fashion or design industry, color can be a beautiful thing. But it can also be a very valuable tool on any designer’s palette. Color has the power to (pardon the pun) set the tone for just about everything—from sneakers to smartphones to packaging and the color of a room. The folks at the Pantone Color Institute know a thing or two about color and the effect it can have on creating just the right mood or atmosphere. Viva Magenta 18-1750, which Pantone describes as a color that “vibrates with vim and vigor” has been named the Pantone color of the year for 2023. Pantone describes the color as “brave and fearless … a pulsating color whose exuberance promotes a joyous and optimistic celebration, writing a new narrative.”