EssilorLuxottica integrates vision care and medtech at ARVO
EssilorLuxottica said it presented for the first time a “fully integrated vision care and med-tech ecosystem” at the annual meeting of the Association for Research in Vision and Ophthalmology (ARVO) in Denver, US, last week. “This integrated model brings together myopia management and vision science, advanced diagnostics, AI-driven analytics and ...
ZEISS Vision Care presents new myopia management lens clinical studies
ZEISS Vision Care presented results from three clinical studies on its myopia management lenses at the recent Association for Research in Vision and Ophthalmology (ARVO) annual meeting in Denver, US.The studies included interim 6-month results for ZEISS MyoActive and ZEISS MyoEase, the group’s newest lenses in the category as ...
Prices and toric dailies drive the European CL market amid concerns over wearer base contraction
The market for contact lenses and care solutions across a geographic area covering 25 European countries, as well as seven additional markets (South Africa, Turkey, Saudi Arabia, Israel, the United Arab Emirates, Kuwait, and Egypt), grew by 6.0 percent year over year to €2,485 million in 2025, according to the ...
Safilo sustains margin expansion amid weak topline in Q1, confirms acquisitions
Safilo Group revenue fell 4.5 percent year on year to €272.9 million in Q1 FY2026, with most of the decline attributed to the sharp depreciation of the US dollar against the euro. At constant currencies, sales edged up 0.4 percent, exactly in line with Q4 2025.
Del Vecchio heir challenges deal to sell 25% of Essilux owner Delfin
Rocco Basilico, one of the eight heirs of Luxottica founder Leonardo del Vecchio, has challenged a deal that would see Leonardo Maria del Vecchio, his half-brother and Chief Strategy Officer at EssilorLuxottica, become the largest shareholder in Delfin, the Del Vecchio holding company that controls Essilux with a 32.4 percent ...
Warby Parker reaffirms guidance as it looks ahead to launch of AI glasses
Warby Parker reaffirmed its 2026 guidance for sales and earnings, as the company continues to ramp up for the launch of AI glasses later in the year through a partnership with Google and Samsung and points to momentum from the recent launch of a new sport eyewear collection and other ...
Consumer sentiment and currency headwinds weigh on Synsam’s Q1
Synsam Group’s revenue increased by 3.8 percent year on year to SEK 1,773 million (€163 million) in the first quarter of fiscal 2026. On an organic basis, adjusted for currency variations, acquisitions and the relatively small franchise business, Q1 sales were up 5.6 percent. Sales grew organically in all markets, ...
The Vision Council urges USTR to exclude optical components from new tariffs review
The Vision Council, the national trade association for the U.S. optical industry, has urged the Office of the US Trade Representative (USTR) to exclude eyewear and optical products from any new tariffs resulting from its current Section 301 investigations. The scope of the targeted industries mostly focuses on materials and ...
Retail becomes De Rigo’s anchor in a challenging year
De Rigo has announced a 3.4 percent year‑on‑year decline in annual revenue to €520.1 million in fiscal 2025, translating into a flattish top line (‑0.4 percent) at constant exchange rates. The performance marks a significant slowdown from the previous year, when sales were up high‑single digits in both the retail ...
HOYA claims MiYOSMART IQ is first lens to halt myopia progression in children
Presenting the results of its latest clinical trial at the Association for Research in Vision and Ophthalmology (ARVO) annual meeting in Denver, US, yesterday, HOYA Vision Care announced that it has reached a milestone in myopia control. The breakthrough comes with a significant shift in language. While previous claims focused ...
HOYA reports mixed Q4 for Life Care, with slowdown in lenses
HOYA Corporation reported a 10.5 percent year-on-year increase in Q4 revenue to ¥155.1 billion (€843m) for its Life Care business unit, supported by strong currency tailwinds. At constant exchange rates, sales rose by 3.4 percent.
Fielmann reports Q1 slowdown, expects investment plans to temporarily pressure margins
Fielmann Group reported a 1.3 percent year-on-year increase in revenue to €613 million for the first quarter of fiscal 2026, a sharp slowdown from the 7.4 percent rise in fiscal 2025. At constant exchange rates, sales were up 2.3 percent. The German retailer said the modest growth came despite a ...
Bausch + Lomb contact lens sales rise 8% in Q1
Bausch + Lomb reported contact lens sales totaling $254 million in the first quarter of 2026, up by 8 percent compared to the year earlier and 5 percent higher at constant-currency rates. Growth continued to be driven by sales of the daily silicon hydrogen lens franchise, which jumped by 23 ...
EssilorLuxottica management confident in stock market rebound
Opening EssilorLuxottica’s annual shareholder meeting in Paris, Chairman and CEO Francesco Milleri started by stressing the group’s achievements over the past year and the ongoing profound transformation of its business from vision correction to medtech: “We aim to lead in preventive medicine, transforming vision care into a gateway for healthier ...
Synsam aims to expand international outreach with 'major' investment in Haaland partnership
Synsam Group is partnering with Norwegian football star Erling Haaland for the launch of an eyewear collection including prescription eyewear, sunglasses and sport glasses. The Erlind Haaland Eyewear Collection-branded range will include a total of 64 different frames for women, men and children, as well as a capsule collection of ...