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EssilorLuxottica’s Q3 2021 Revenue

EssilorLuxottica announced that consolidated revenue including GrandVision (consolidated since July 1, i.e. for the third quarter only) totalled Euro 14,241 million in the first nine months of the year. On a comparable basis, consolidated revenue amounted to Euro 5,465 million in the third quarter and Euro 15,918 million in the nine months, +9.3% and +6.2% respectively at constant exchange rates versus the same periods of 2019.

Francesco Milleri and Paul du Saillant, CEO and Deputy CEO of EssilorLuxottica, said: “We are proud of the revenue performance our Company delivered in the third quarter of the year, keeping the pace of the fast recovery already posted in the second quarter. Including GrandVision, in its first quarter of consolidation into the Group, EssilorLuxottica’s comparable revenue grew even faster, at 9.3% versus pre-COVID levels at constant exchange rates.

Moreover, while accelerating in revenue, our Company has materially expanded its margins, proving to which extent it can operationally leverage the business growth. This has led us to upgrade once again our outlook for the full year, now pointing to a more material operating margin lift. Such a sound performance is driven by the Company’s omnichannel and open business model, its new integrated commercial initiatives and its rich innovation pipeline, all at the heart of its long-term strategy.

In the context of the World Sight Day, celebrated on October 14, we’re also pleased to highlight all the initiatives the Company put in place in many different geographies to give vision a voice, while its ‘Eyes on the Planet’ sustainability program continues to progress nicely, based on the five pillars of carbon, circularity, world sight, inclusion and ethics.

Click HERE for the full press release.

CooperVision Specialty EyeCare Launches OPO for Onefit MED and Onefit MED+ Scleral Lenses

CooperVision Specialty EyeCare announced the launch of Optimized Pupil Optics (OPO) for its Onefit™ MED and Onefit™ MED+ scleral contact lenses to eye care providers (ECPs) in the United States and Canada. The new high precision design option—which is supported by a user-friendly online fitting tool—enables ECPs to reposition the multifocal optics to align with the visual axis.

OPO lenses incorporate several markings, including a six o’clock dot indication to help patients orient the lens correctly on their eye, a circle of eight small dots at 6 mm to indicate the new center of the optics for pupil centration, plus toric hash marks notating the flat meridian as seen in other Onefit™ MED toric haptic designs.

“The shape of a patient’s sclera—paired with the tension of their eyelids—can often cause scleral lenses to decenter down and out. This moves the optics out of ideal alignment and impacts their quality of vision, including creating higher order aberrations for multifocal wearers,” said Justine Siergey, OD, FSLS, Manager of Professional Affairs – Irregular Cornea at CooperVision Specialty EyeCare. “With the new Optimized Pupil Optics’ design option, practitioners are able to dramatically improve the patient’s visual outcomes and their satisfaction.”

“Part of our role as an industry partner is to continually improve and build upon our broad portfolio of innovative scleral lens designs,” said Marie-Christine Blanchard, Global Lead, Irregular Cornea, CooperVision Specialty EyeCare. “Our commitment to supporting the increasing number of ECPs who fit specialty lenses starts by providing innovative technologies that address their patients’ evolving needs, and ultimately, grow their practice.”

Click HERE for the full press release.

Accessories Council Celebrates 25th Annual ACE Awards

The Accessories Council hosted the 25th annual ACE Awards on November 2, honoring individuals and companies who have furthered the awareness and use of accessories. Celebrating the 25th anniversary, this year’s honorees were recognized for being HEROS. After the last 18 months, the Accessories Council felt it was important to recognize the generosity, good  work, and heart and soul of the industry. All honorees showed accomplishments in COVID relief, sustainability, ongoing charitable work and/or inclusivity and diversity over the past year. 

Over the past 25 years, the Accessories Council has honored and recognized global brands and pioneers, positioning them at the forefront of the fashion industry.

ACE Award Honoree Wes Gordon, Creative Director, Carolina Herrera

This year’s event sponsors included Caleres, Coach, Informa Markets Fashion, Judith Leiber, Luxottica, Marchon, Safilo Group Signal Brands, and Vera Bradley. 

Click HERE for the full press release.

Transitions Hosts a Day of Education in November

Mark your calendars for A Day of Education with Transitions Optical on Tuesday, November 9. The virtual event will give attendees the opportunity to learn about the latest education from industry experts and the Transitions Optical team on photochromics, light, style trends and the new range of Transitions® XTRActive® products – Transitions XTRActive Polarized and Transitions XTRActive new generation. Canadian attendees are welcome to join for continuing education credit.

The online event will include various sessions between 10:00 a.m. – 4:00 p.m. EST. Attendees are not required to attend the full event and can join sessions of interest at their leisure.

Courses and events scheduled for the day include:

  • Defy The Bright – Transitions® XTRActive® New Generation
    • Canadian Accreditation values – NACOR #110.499: 1 EG | COO: Self Directed | CCP: 7.1, 8.1, 9.1 | OODQ: Pending | CCOA: 1 hour
  • Defy The Glare – Transitions® XTRActive® Polarized
    • Canadian Accreditation values – NACOR #110.496: 1 EG | COO: Self Directed | CCP: 7.1, 9.1 | OODQ: Pending | CCOA: 1 hour
  • ABO: Finding the Style in Lenses
    • Canadian Accreditation values – NACOR pending (Expected 1 RF)  | COO: Self Directed | CCP: 7.1, 9.1 | OODQ: Pending | CCOA: 1 hour
  • Meet the Light Management Needs of All Generations
    • Canadian Accreditation values – NACOR #110.501 1 EG | COO #3952 1 EG | CCP: 8.1, 8.2, 9.1 | OODQ: Pending | CCOA: 1 hour
  • Transitions Trivia
  • Information regarding Transitions Campus, the Transitions Certification Program, Transitions Academy and other Transitions resources between each session

“Our Day of Education event is a great opportunity for industry professionals to join us virtually for continued learning before the end of the year,” said Arnaud Rajchenbach, marketing manager, Transitions Optical in Canada. “

More details: TransitionsPRO.com/Education.

Click HERE for the full press release.

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