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VMAIL Weekend recently caught up with Sandra Block, OD, for an update on the World Council of Optometry’s efforts to fight myopia. Dr. Block, the WCO’s president-elect, spoke about the organization’s commitment to address the global epidemic of childhood myopia. In April, the WCO board of directors unanimously approved a resolution advising ODs to include a standard of care for myopia management within their practices. Dr. Block also spoke about the dangers of too much screen time for kids and she offered some sound advice to ECPs who are interested in incorporating myopia management into their primary care practices.
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Thelios will become fully integrated into LVMH, Midwest Vision Partners acquires Discover Vision Centers, US Eye partners with Southwest Florida Eye Care, gross revenue rebounded, Jobson Tracker says and VSP Ventures acquires EYEcenter Optometric all topped this week’s VMAIL news feed. Click on the headlines below to catch up on anything you might have missed.
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PARIS, France and LONGARONE, Italy—LVMH (LVMUY) and Marcolin have announced the next stage for Thélios, a joint-venture created between Marcolin and LVMH in 2017. Today, Marcolin and LVMH have jointly decided to embark Thélios on the next stage of its development and become fully integrated within LVMH. Marcolin and LVMH have reached an agreement for LVMH to purchase the 49 percent stake held by Marcolin in Thélios. Separately, Marcolin will buy back the 10 percent stake LVMH owns in Marcolin, which LVMH acquired when Thélios was founded. The joint statement issued today did not disclose any details of the value of the two transactions.
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Did you follow the optical news this week? Take VM’s News Quiz to see how much you know. This week's quiz takes a look at a food safety myths and facts, the vaccine rollout and going to outer space.
Click here to take the quiz.
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This sweet book about a young bear and his first trip to the optometrist would make a perfect gift for the little ones in your life, or something great to keep stocked in your waiting room. You can pick up the book, written by Renee Phipps, OD, on Amazon here. #WeShareIt
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NEW YORK—Smack in between Black Friday and Cyber Monday, Small Business Saturday—which falls on the Saturday after Thanksgiving every year—remains one of the most important shopping days for small businesses across the country, including many opticians and optometrists. Founded in 2010 by American Express, Small Business Saturday has since expanded into a year-long #ShopSmall movement—but the Saturday after Thanksgiving remains unrivalled for many small businesses. In fact, consumers have reported spending an estimated $120 billion across all 10 Small Business Saturdays combined, according to American Express.
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