EssilorLuxottica Reports Solid Revenue Growth for Q1 2024
Vision Monday
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15h ago
CHARENTON-LE-PONT, France—EssilorLuxottica announced yesterday that consolidated revenue for the first quarter of 2024 was €6,335 million, representing a year-on-year increase of 5.5 percent at constant exchange rates compared with the first quarter of 2023. Francesco Milleri, chairman and CEO, and Paul du Saillant, deputy CEO at EssilorLuxottica commented, “We’re pleased to report another solid start to the year for the company, with every geography and business contributing to the positive performance.” The initial quarter of 2024 grew mid-single digit in line with the company’s long-term gu ..read more
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Vision Source Wraps Up The Exchange 2024, Announcing Student Loan Debt Relief and Health Care Benefits Programs for Members
Vision Monday
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15h ago
ORLANDO, Fla.—Vision Source, a North American network of independent private practice optometrists, has expanded its roster of offerings with two new programs for its membership of 4,500 optometrists and 3,000 locally owned practices. Announced at The Exchange 2024, Vision Source’s annual national meeting that was held this year from April 10 to 13 and attracted 3,100 members, staff and industry partners, the two individual programs offer the opportunity for student loan debt relief as well as employee health care benefits. See VMAIL’s additional coverage of The Exchange here ..read more
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Review of Myopia Management and BHVI Launch Myopia Awareness Week 2024 Website
Vision Monday
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15h ago
NEW YORK and SYDNEY—Myopia Awareness Week 2024 is set for May 13-19; ahead of the week, Review of Myopia Management and the Brien Holden Vision Institute (BHVI) have officially launched the website for the week-long event. The two main components of the website are the ECP Toolkit and the ECP Clinical Resources. The ECP Toolkit features a variety of promotional resources for practitioners to show their support for Myopia Awareness Week online. The downloadable toolkit includes ..read more
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Bausch + Lomb Reports More Than 84 Million Units of Contact Lenses, Lens Care and Eyecare Materials Collected Through Recycling Programs
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15h ago
VAUGHAN, Ontario—Bausch + Lomb Corporation (NYSE/TSX: BLCO), an eye health company, has announced its One by One and Biotrue Eye Care recycling programs have collected 84,343,540 units, or 510,116 pounds, of used contact lenses, eyecare and lens care materials in the U.S. “Eyecare professionals, patients and consumers have helped us collect hundreds of millions of these used materials through our recycling programs over the years, making a positive impact in the world," said Amy Butler, vice president, global environment, health, safety and sustainability, Bausch + Lomb ..read more
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Contact Lens Institute and IACLE Collaborate to Bring Practice and Patient Insights to Contact Lens Educators
Vision Monday
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15h ago
WASHINGTON, D.C.—The Contact Lens Institute (CLI) and the International Association of Contact Lens Educators (IACLE) have announced a collaboration to provide university-level instructors with direct access to CLI-developed research publications and practice tools. Under the new agreement, nearly 950 IACLE members—spanning more than 600 academic institutions and 81 countries—will be able to view and download CLI training and professional development materials from IACLETOP, the organization’s digital resource and teaching platform ..read more
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The National Average for Gross Revenue at ECP Locations Decreased for the Week of April 8–14, Jobson’s Latest Practice Performance Tracker Shows
Vision Monday
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2d ago
NEW YORK—The national average for gross revenue at ECP locations decreased last week, April 8–14, when compared with the previous week at a rate of -4 index points. That places gross revenue at a level 2 index points above where it was at this point in time (Week 15) when compared with last year (2023), 1 point above the same period in 2022, 6 points above 2021, 101 points above 2020 and 15 points above 2019, according to Jobson’s most recent Practice Performance Tracker ..read more
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Inspecs Group Reports 2023 Full-Year Financial Results
Vision Monday
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2d ago
BATH, England—Inspecs Group plc (LSE: SPEC), a global eyewear and lens design house and manufacturer, reported its 2023 full-year financial results. Group revenue for 2023 grew 1 percent to £203.3 million compared with £201.0 million in the same period last year. On a constant exchange rate basis, revenue decreased to £200.7 million (compared with £201.0 million in 2022). Gross profit for 2023 increased 4.7 percent year-over-year to £103.5 million. Cash generated from operations was £16.9 million, while net debt excluding leasing was £24.2 million ..read more
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Lighthouse Guild Names Mordecai Erps as New Director of Manhattan GuildCare
Vision Monday
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2d ago
NEW YORK—Registered nurse Mordecai Erps has been named director of GuildCare, a division of Lighthouse Guild in Manhattan, the organization has announced. An adult day health care program in New York State specializing in services for people with vision loss, GuildCare provides services in Manhattan, Albany, Buffalo and Niagara Falls. Erps will have responsibility for daily operations and overall management of Manhattan GuildCare, according to the announcement. Erps has extensive experience in health care and nursing administration, having most recently served as director of nursing services f ..read more
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Innovative Eyewear Signs Distribution Partnership With Windsor Eyes
Vision Monday
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2d ago
MIAMI—Innovative Eyewear, Inc. (NASDAQ: LUCYW), developer of smart eyewear under the Lucyd, Nautica, Eddie Bauer and Reebok brands, has announced a new partnership with Windsor Eyes, an eyewear manufacturing and distribution firm. According to the announcement, the partnership aims to forge a collaboration between Innovative Eyewear's smart eyewear products and Windsor Eyes' well-established distribution network within the optical retail sector. Together, Innovative and Windsor intend to work closely to ensure extensive distribution of smart eyewear across the U.S, targeting key large optical ..read more
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VSP Vision Releases 2023 Social Responsibility Impact Report
Vision Monday
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3d ago
RANCHO CORDOVA, Calif.—VSP Vision has released its 2023 Impact Report, which highlights the company’s progress toward its corporate social responsibility (CSR) commitments. The second annual report provides details on how VSP Vision continues to collaborate with its network of optometrists, community partners and employees to accelerate health equity, empower diversity, equity and inclusion (DE&I), and advance sustainability. The report noted that in 2023, VSP Vision invested nearly $13.5 million in direct and in-kind funding to positively impact communities and increase equitable access t ..read more
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