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Transitions Academy 2019 Helps Attendees Stay “Light Years Ahead”

Nearly 1000 professionals from North and South America gathered February 3- 6 in Orlando, Florida for the 23rd annual Transitions Academy. During the two-day, invitation-only event – themed “Light Years Ahead” – attendees took part in professional development and product technology workshops; heard from experts and educators on marketing and industry trends; and learned from their peers and partners.

Attendees were welcomed with an exciting performance and opening remarks from Jose Alves, General Manager, Transitions Americas followed by Chrystel Barranger, president, Essilor Photochromics and Transitions Optical who presented how the brand is innovating to bring light management solutions to even more wearers in 2019.

Mark Rea, Ph.D., professor of architecture and cognitive sciences at The Lighting Research Center at Rensselaer Polytechnic Institute, made a presentation on the science behind light emphasizing the complexity of the neural processing from the retina to the brain.

New Technologies Announced

Catherine Rauscher, senior global director of business innovation, Transitions Optical and Jacquie Henderson, vice president of marketing, Johnson & Johnson, North America, then took the main stage to share the latest news on ACUVUE® OASYS Contact Lenses with Transitions™ Light Intelligent Technology™.

Luc Nouvelot, director of global R&D, and Elise Bioche, vice president of global marketing presented Transitions® Signature® Gen 8, which offers a new frontier of performance.  The new Gen 8 technology promises improvement in all photochromic features.  Transitions told Optik that Gen 8 technology will be coming to Canada in the summer of 2019. 

“This year is an important milestone for our company, and we are honored to have both long-standing and new partners share in our celebration of innovation,” said Alves. “The theme ‘Light Years Ahead’ allowed attendees to see how Transitions Optical is leading the photochromic category through technology and product advancements that will extend light management to even more people—whether they are spectacle wearers, contact wearers or motorcycle riders,” said Alves.

2019 Marketing Initiatives

The energy of Transitions Academy continued to build as Tuesday commenced with an overview of Transitions Optical’s 2019 marketing and consumer outreach plans led by Patience Cook, director, North America marketing, Rose Harris, senior associate director, channel marketing strategies and Vanessa Johns, director, Latin America marketing.

Tuesday’s curriculum focused on how eyecare professionals (ECPs) can keep themselves and their businesses Light Years Ahead. Attendees learned how to set goals and map out a plan to get there during Martin Lespérance’s presentation. Then during See the Light: Creating the Why and the How, doctors, opticians and lens sales reps, reviewed the best practices on how to integrate Transitions lenses into the patient journey, and how they can be prescribed to all patients.

Mel Robbins provided the Tuesday keynote presentation—Five Second Rule—all about how ECPs can increase productivity, collaboration and engagement.

Drew Smith, director, North America channels, led the 2018 Transitions Innovation Awards program. The six category winners were as follows: Professional Eyecare Associates of America (PECAA) was named Best in Training; Sheena Taff was named Best in Marketing; Costco Optical was named Canada Retailer of the Year; National Vision Holdings, Inc. was named U.S. Retailer of the Year; Weaver Eye Associates was named Eyecare Practice of the Year; and Amanda Rights, O.D. of Blue Ridge Vision, was named the 2018 Transitions Brand Ambassador.

Click HERE for the full press release.

Essilor International Expands Its Footprint in Europe and Latin America

Essilor International, an EssilorLuxottica subsidiary, is actively pursuing its acquisition and partnership strategy with the completion of four transactions worldwide, representing combined full-year revenue of around €48 million.

Essilor further strengthens its development strategy in Germany, the fifth largest ophthalmic optics industry in the world. To speed up the development of a drive-to-store model that gives consumers access to the latest digital technologies combined with the expertise of independent opticians, Essilor signed an agreement to acquire 100% of Brille24 GmbH. The latter is one of the leading online retailers of optical products in Germany with annual revenue of close to €25 million. The acquisition of Brille24 is subject to approval of the German competition authority (Bundeskartellamt).

The Company reinforces its presence in Greece, where Essilor partner Shamir acquired Union Optic, a prescription laboratory that also distributes optical instruments. Union Optic generates annual sales of about €9 million and operates four branches across Greece and Cyprus. Union Optics acquisition by Shamir will strengthen the footprint of the Essilor Group in the territory, where Bairamoglou and Unilens are long standing distributors of Essilor lens and Nikon lens, respectively.

Essilor also expands its coverage of Latin America to ensure broader access to its innovations in markets there.

Essilor acquired a majority stake in Indulentes, one of the leading prescription laboratories in Ecuador with annual revenue of USD9 million. Indulentes will leverage Essilor’s technological know-how to accelerate its expansion in a local market that holds huge potential for progressive and antireflective lenses. This acquisition represents Essilor’s first move into Ecuador.

In Argentina, Essilor acquired a majority stake in Metalizado Optico Argentino S.A. (MOA), one of the country’s leading prescription laboratories. Buenos Aires-based MOA generates annual revenue of about USD7 million.

Click HERE for the full press release.

Liberty Celebrates 90th Anniversary: 1929-2019

Founded in 1929, following the US stock market crash that led to the Great Depression, two Italian brothers began crafting eyeglass frames in their New Jersey basement that would become known as Liberty Optical.

In the 1950s, Liberty achieved mass market success with ophthalmic frame styles such as the Broker, Par, and Libby. Business boomed and operations expanded as Liberty became one of the largest optical manufacturers in the USA by 1964.

During the 1980s, Liberty led the charge to develop protective eyeglasses for athletes… Over the last four decades, 9 out of 10 sport protective eyeglasses sold in the USA have been Rec Specs.

In the last two decades, Liberty expanded its product development mission with the engineering expertise developed from Rec Specs to introduce Performance Sunglasses Collections and the Switch Magnetic Interchange Technology line. Most recently, Liberty released the “Virtually Indestructible” Active Everyday Eyeglasses line, bringing the company back to its optical frame roots.

The Rec Specs Lab was established in 2015 to produce “Virtually Indestructible” complete frame and lens solutions for both youth and adults.

Today, Liberty remains committed to being at the forefront of Virtually Indestructible, Purpose-Built eyewear solutions that defend vision from injury and enhance vision performance. Liberty proudly embraces its “Heritage of Excellence” as a family owned and operated American company.

Click HERE for the full press release.

Related Posts:

As part of Liberty’s commitment to professional Continuing Education, a 3 hours CE Credit course is available from OptikConEd.

Click here to preview the course.

Liberty Sport was featured as part of Optik’s World of Eye Care USA. Click here to view the full article.

Morel and Lanctôt Partner Up to Create Morel Canada

Morel and Canadian distributor, Lanctôt, who specializes in optical and sports gear, recently became partners to form a new subsidiary: Morel Canada. This choice was obvious for both parties, who have been working together for 20 years now.

Just like Morel, Lanctôt is a family owned business. Started in 1953, the company first specialized in distributing sports gear. Ambitious and conscientious, Lanctôt quickly became the leader in its field, before expanding to optical wear. It’s at this very moment that Lanctôt met Morel: it was the start of their partnership.

Being established on the international stage has been deeply rooted in Morel’s DNA since 1880. Throughout the years, Morel has been making strong connections with distributors who share the same values: attentive listening, impeccable service and a strong taste for beautifully designed products. Today, the brand is sold in more than 90 countries and owns a dozen of subsidiaries throughout the world.

With the creation of Morel Canada, Morel is planning on turning the brand into a staple for this new territory, using not only their expertise in eyewear but also Lanctôt’s knowledge in the Canadian market.

Morel Canada’s sales team will be the preferred and direct contacts of Canadian opticians, in order to best represent Morel, their philosophy and what they’re offering:

  • A new branding
  • Complementary collections
  • Their values, such as independence, creativity and drive
  • Proximity with opticians

Click HERE for the full press release.

Hoya Reports Third Quarter Financial Results

Hoya Vision Care Canada logo

HOYA Corporation announced its financial results for the third quarter ended December 31, 2018. During the quarter, revenue increased 4.9% year on year, reaching 143,425 million yen. Profit before tax amounted to 39,676 million yen with 33,143 million yen in net profit, representing year-on-year increases of 14.4% and 19.5%, respectively. Profit before tax ratio was 27.7%, representing a year-on-year increase of 2.3 points.

In the Life Care segment, Eyeglass lens sales were strong in Japan. At the same time, steady sales growth in the Americas and other factors drove overseas sales increases on a local currency basis. However, the overall impact of currency exchange rates resulted in sales level with the same period in the prior fiscal year. New store openings of our Eyecity contact lens specialty stores, as well as new customer expansion efforts at existing stores, resulted in higher year-on-year sales for contact lenses.

Although performance was strong overseas as well, our capture of a major project in the prior year led to results that underperformed year on year. As a result, sales for the Life Care segment grew 4.2% year on year, reaching 93,902 million yen. Segment profit rose 12.9% year on year to 19,144 million yen.

“We are less impacted by the cyclicality of the semiconductor and datacenter market, enabling us secure growth on relevant products. Also, our Life Care Business is showing great stability,” said Hiroshi Suzuki, chief executive officer of HOYA. “This quarter is again a good example of our business portfolio system which allows us stable growth.”

Click HERE for the full press release.

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