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ROI and BMO Host Discussion on Buying an Optometry Practice

ROI Corporation and BMO will host a live discussion at the Mere Hotel, Winnipeg, on Thursday, Jan. 24 on the key elements that are involved in buying an optometry practice.

The discussion will include key factors that affect the value of a practice, financing options, how to understand key numbers and how to choose the practice that is right for you.

Light fare will be served.

For more information about the event contact sales@roicorp.comor 905-278-4145 ext. 226

When: Thursday, January 24, 2019 from 6:30-8:30pm

Where: Mere Hotel, 333 Waterfront Drive, Winnipeg, MB

Transitions Announces Launch of Transitions® Signature® Gen 8 Coming Soon

Transitions Optical has announced the upcoming launch of the next generation of Transitions Signature lenses – Transitions Signature Gen 8. The new Transitions Signature Gen 8 lenses are the result of over five years of product research and development and will deliver the next frontier of performance.

“Building on over 20 years of innovation, we are always pushing the limits of performance in our products,” said Chrystel Barranger, president of Essilor Photochromics and Transitions Optical. “We are passionate about bringing the benefits of light intelligence to all consumers and are excited to bring a new generation of our most popular lens offering to the market.”

Transitions Signature Gen 8 lenses will launch in Canada in fall 2019.

Click HERE for the full press release.

Discover the New Essilor See Change Website and Updated Reports

Providing the latest information on their worldwide projects, partnerships and the progress to eradicate poor vision from the world by 2050, Essilor has recently updated their See Change website and report, along with their “Our Contribution to the Sustainable Development Goals” brochure.

See Change website was launched for the first time in 2013 with dedicated efforts to reach 2.5 billion people suffering from uncorrected poor vision. Through Essilor’s inclusive business models and philanthropic programs, they will have created 50 million wearers by 2020 and improved the lives of many more. After great progress made over the last 6 years, Essilor recently launched a new website to give more visibility to these activities to eradicate poor vision in one generation.

The See Change update reports on the progress Essilor is making in tackling awareness and access, two of the biggest challenges to vision. Read about some initiatives and actions the Group is undertaking in 2018 and learn more about the lives of people impacted through their vision care programs.

Good vision is a must-have for future global development and impacts all of the UN’s Sustainable Development Goals. The 2018 update provides information on Essilor’s unique contribution to the goals.

Click HERE for the full press release.

CooperVision Acquires Blanchard Contact Lenses, Expanding Presence in Specialty Segment

CooperVision has acquired Blanchard Contact Lenses, Inc., the well-known and fast-growing scleral lens company.

“The acquisition further expands our scleral lens portfolio, extending the way we help improve the way people see each day,” said Juan Carlos Aragón, President of CooperVision’s Specialty Eye Care Division. “Its innovative products, services, technologies and people will augment what we are building with Paragon, Procornea, and Soflex. This creates even more opportunities for CooperVision to partner with eye care professionals (ECPs), and for them to meet a range of patient needs.”

Blanchard, with its network of distributors, enjoys a particularly strong brand position in North America, Europe (including Scandinavia), Central America and South America. Its recently introduced OneFit™ MED scleral lens is being rapidly adopted by ECPs, and the company has grown globally over the past several years, with its products available in more than 20 countries.

“The new relationship with CooperVision will be instrumental in extending our reach and potential, providing access to a broad range of research, operations and commercial resources for the benefit of customers and wearers,” said Jean Blanchard, President of Blanchard Contact Lenses, who will continue to lead the organization. He has also been appointed as a member of the CooperVision Specialty Eye Care global management team.

Founded in 1986, Blanchard has operations in Sherbrooke, Quebec, Canada and Manchester, New Hampshire, United States, and employs approximately 70 people. Like CooperVision’s other specialty businesses, it will retain its name and continue to operate as a separate yet complementary organization. Customers should continue to work with their current representatives.

The acquisition includes Blanchard’s U.S. and Canadian entities.

Source: CooperVision

Safilo and Levi Strauss & Co. Announce Global Multi-Year Licensing Agreement

Safilo and Levi Strauss & Co., a global leader in jeanswear, announce their multi-year global licensing agreement for the design, manufacture and distribution of Levi’s® branded eyewear. The agreement will come into effect in January 2020, with collections hitting the market for the 2020 spring/summer season, and it will run until November 2024, renewable for an additional five-years, up to 2029.

“This new partnership is particularly significant for our brand portfolio, the Levi’s® brand being the number one denim brand globally which genuinely appeals to Millennial and Gen-Zers allover the world,” says Angelo Trocchia, CEO of Safilo Group. “With the Levi’s® brand, we add an important opportunity to grow in the contemporary market segment, which is the largest for size and development potential and especially appealing for further development in key emerging markets, such as China.”

“Eyewear is an important product category for the Levis® brand,” said Karyn Hillman, chief product officer for Levi Strauss & Co. “Our partnership with Safilo will allow us to further strengthen our position as a true lifestyle brand by offering amazing eyewear to consumers around the world.”

Source: Safilo

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