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- Warby Parker Reports 10 Percent Increase in Q1 Sales as ‘Active’ Customer Count Climbs 18 Percent, But Net Loss Also Widens May 17, 2022NEW YORK—Against a backdrop of disruption due to the Omicron variant that was first felt in the last weeks of December and continuing through the first quarter, Warby Parker Inc. (NYSE: WRBY) on Monday reported that its Q1 revenue rose 10.3 percent to $153.2 million as both active customer count and average revenue per customer […]
- Alcon Celebrates 75th Anniversary and Notes its History of Breakthrough Innovation in Eyecare May 17, 2022GENEVA—On Monday, Alcon marked the company’s 75th anniversary with its “Brilliant History, Brilliant Future” celebration. On May 16, 1947, Alcon Laboratories Inc. was incorporated and began manufacturing specialty pharmaceutical products in Fort Worth, Texas, the company noted in its announcement. Today, Alcon has complementary businesses in surgical and vision care and is headquartered in Geneva, […]
- Visionix and Right MFG Enter Long-Term Strategic Partnership May 17, 2022PARIS—Visionix and Right MFG. Co., Ltd. announced yesterday that they have entered a long-term strategic partnership agreement, expected to accelerate growth for both companies. Visionix will become the exclusive partner of Right MFG, and distribute Righton products in Europe, the Americas and Asia Pacific (excluding Japan and China). In addition to distribution of the popular […]
- Belkin Vision's Eagle Receives CE Mark Under Medical Device Regulation May 17, 2022YAVNE, Israel—Belkin Vision, the Israel-based medical device company announced yesterday that it has been awarded CE Mark under Medical Device Regulation (MDR) from its notified body DEKRA, making it the first automated, non-contact glaucoma laser treatment available within Europe. Belkin's sight-saving technology could revolutionize first-line glaucoma care for the more than 100 million people who […]
- Do You Know an Influential Woman in Optical? Nominate Her Now for Vision Monday's Special Report May 17, 2022NEW YORK—This year marks the 20th anniversary of Vision Monday's Most Influential Women in Optical Report. The signature Special Report will salute women playing vital roles at all levels of the eyewear/eyecare industry and throughout the professions. Women continue to make significant contributions throughout retailing, wholesaling, product design, manufacturing, distribution, the eyecare professions, academia and managed […]
- Gryphon Investors Enters Vision Care With Investment in Vision Innovation Partners, Leading Eyecare Group in Mid-Atlantic Region May 16, 2022SAN FRANCISCO—Gryphon Investors (Gryphon), a leading middle-market private equity firm, has partnered with Vision Innovation Partners (VIP), a leading provider of eyecare services in the mid-Atlantic region. Financial terms of the transaction—which marks the investor group’s first move in the eyecare sector—were not disclosed. New York-based Centre Partners was an initial investor in VIP. According […]
- Carl Zeiss Meditec Reports Growth in First Half of 2021/22, Despite Strained Supply Chain May 16, 2022JENA, Germany—Carl Zeiss Meditec generated revenue of €855.4 million in the first six months of the fiscal year ending March 31, 2022 versus €767.4 million the prior year, an 11.5 percent increase compared with the same period of the prior year (+10.7 percent adjusted for currency effects).
- VSP Vision Recognized as a U.S. Best Managed Company for Second Consecutive Year May 16, 2022RANCHO CORDOVA, Calif.—VSP Vision announced it has been selected as a 2022 U.S. Best Managed Company, making it the second consecutive year receiving the honor. Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding U.S. private companies and the achievements of their management teams.
- Bascom Palmer Receives Research to Prevent Blindness Medical Student Eye Research Fellowship May 16, 2022MIAMI, Fla.—Bascom Palmer Eye Institute of the University of Miami Miller School of Medicine announced that Meher Saleem has received a Research to Prevent Blindness (RPB) Medical Student Eye Research Fellowship that will allow her to take a year off from medical school and to devote that time to pursue a research project at Bascom […]
- 20/20 Magazine: Be a Good Sport May 13, 2022Every independent retailer can be a good sport and an advocate for sport eyewear. 20/20 presents our annual Sport Eyewear MarketPulse Survey. Eighty-five percent of independent optical locations dispensing eyeglasses report dispensing some type of sport or protective eyewear, including ski and swim goggles. This is a decline from 93 percent in 2021—perhaps focus shifted […]