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Essilor and Luxottica Merger Approved in China

Essilor and Luxottica announce that the antitrust regulator of the People’s Republic of China, SAMR, has approved the proposed combination between the two companies after they made certain commitments with regard to the conduct of their business in China.

Essilor and Luxottica committed to inform SAMR about their future acquisitions and also to ensure availability of their products and services to all customers in China on a fair basis.

Clearance from Chinese authority was the last condition precedent to the closing of the transaction and paves the way for the combination to be finalized. The two companies are also progressing with their discussions with the Turkish antitrust authority and expect the closing of the transaction at the end of the third quarter.

OWP Men: Coherent Design

The new OWP Men’s style 8613 shows just how modern nylon frames can be. A masculine lens shape combined with simple acetate temples creates an unmistakable, linear look. An inset nylon string below the stainless steel upper bar creates an airy design for a double bridge that seems to float in mid-air. A simple, embossed metal lug gives a discreet touch of style to the temple and is available in four colours.

OWP men’s styles concentrate on quality materials, technical sophistication and maximum comfort. They are perfect for even the most demanding spectacle wearer, someone who also looks for top quality products when choosing their glasses.

Distributed by Lanctôt: www.rlanctot.com

SILMO Paris 2018, So Much More than a Fair

The new slogan of SILMO Paris confirms the size of an event that brings together professionals from all around the world and inspires a real degree of attachment to the SILMO brand.

As an exhibition space and business platform, the World Optical Fair clearly states its position: to be a lead acquisition lever for exhibitors and a sounding board for the entire optics-eyewear industry.

The 2018 edition is looking very promising, with renewed attractiveness, as evidenced by the 108 new companies registered, including the return of two iconic companies in the sector (Menicon and De Rigo) and some twenty startups.

SILMO Paris 2018 is also enhancing its content marketing positioning, with the deployment of event tools and additional information media:

  • SILMO NEXT, a global space bringing together all the elements that contribute to give a prospective perspective of the market.
  • SILMO D’OR AWARDS, with Belgian designer Michael Penneman as Chair of the Panel.
  • SILMO ACADEMY, the 9th Scientific Symposium will focus on the theme of “Vision and Growth” (0 to 20 years of age) with a rich and focused programme on Sunday, September 30, 2018.
  • SILMO M@TCH, The application that links the right product with the right buyer, which was launched last year, is now even more efficient.

SILMO Paris 2018, THE EVENT, from September 28 to  October 1, 2018.

Click HERE for the full press release.

 

Essilor Canada Supports Students of Optical Schools through Scholarships

Essilor Canada supports the next generation of optometrists and opticians through donations of lenses and equipment, training, visits to Essilor laboratories, sponsorships and scholarships. Many of these scholarships were awarded at the end of the 2017-2018 school year.

On May 4th, the Opticianry Program Awards Night was held at Cégep Garneau. The Essilor Perseverance Scholarship recipients, Sarah-Maude Mercier D’Amours and Anne-Marie Dumont, were chosen based on their attendance, their participation in class, their constancy of effort and their academic achievement.

On Friday, June 22nd in Moncton, New Brunswick, Marion Ripley, Sales Consultant, presented the David White Scholarship to Lori Stratton, a graduate of Oulton College’s Visual Opticianry Program. Lori was selected based on her high academic achievement, attendance, and best lab participation. Essilor’s scholarship to Oulton College is named after David White, a Nova Scotia optician who was passionate about the opticianry industry and dedicated to his customers; he passed away last November at the age of 58.

Essilor Canada also contributed to the Excellence Awards given to the optometry student at the School of Optometry of the University of Montreal at their convocation ceremony on June 4th, while on June 13th, the Essilor Award for Academic and Clinical Excellence in Optics for the University of Waterloo School of Optometry and Vision Science was given to graduating optometry student David Truong.

Essilor Canada is proud to invest in supporting the next generation of eyecare professionals.

From left to right: Alain Thivierge, Chairman of the Board of Directors of the Cégep Garneau Foundation, Louise Tanguay representing Essilor Canada, Anne-Marie Dumont and Jean-Yves Tremblay, Assistant Director of Studies.

 

 

 

 

 

 

 

 

From left to right: Alain Thivierge, Chairman of the Board of Directors of the Cégep Garneau Foundation, Louise Tanguay representing Essilor Canada, Sarah-Maude Mercier D’Amours and Jean-Yves Tremblay, Assistant Director of Studies.

 

 

 

 

 

 

 

 

Marion Ripley, Essilor Sales Consultant, presented the David White Scholarship to Oulton College Opticianry Graduate Lori Stratton.

 

 

 

 

 

 

 

 

Click HERE for the full press release.

Canada’s Competition Bureau Encourages Online Competition in Eyewear Sales

In the recent edition of the Competition Advocate, a periodical released by the Competition Bureau, the Bureau takes aim at the regulatory environment surrounding the online sale of prescription eyewear. The Bureau observes that online sales give consumers access to lower-cost products and greater convenience and that internet retail can improve access for consumers.

“To enable consumers to benefit from online competition in retail eyewear sales,” the Bureau “calls upon decision-makers to take competition into consideration when implementing and reviewing regulations that govern the industry.”

The Bureau points out that the regulatory requirements for optometrists and opticians vary across the provinces, with the professional regulatory bodies (the colleges) responsible for administering these regulations.

For example, in Ontario, the Regulated Health Professions Act (RHPA) lists “certain controlled acts which can be performed only by individuals authorized by a health profession act, or their delegated representatives,” which includes dispensing contact lenses and eyeglasses.

The Bureau states that dispensing is not explicitly defined in the RHPA, but the Ontario courts have interpreted that only licensed professionals may “prepare, adapt and deliver prescription eyewear.” This interpretation formed the basis of the favourable ruling the College of Optometrists of Ontario and the College of Opticians of Ontario received from the Ontario Superior Court in their case against Essilor Group Canada regarding Clearly Contacts on January 11, 2018.

By contrast, in British Columbia the initial fitting must be performed by a licensed professional, but dispensing is not regulated. The Bureau advocates other regions consider this model.

The College of Optometrists of Ontario and the College of Opticians of Ontario issued a response to the Competition Bureau, stating: “The College of Optometrists of Ontario and the College of Opticians of Ontario firmly believe the internet can be an effective tool for dispensing prescription eyewear, enhancing access and convenience in line with patient demands. Furthermore, the colleges agree that a free and competitive market for corrective eyewear is in the public interest and are aligned with the Competition Bureau in wanting to ensure that patients have as many options as can be safely provided for in how they access their eye care.” The College statement also argues that “without a licensed individual involved in the process, there is no mechanism by which the colleges can ensure that any standard of care is provided at all.”

The Competition Bureau report concludes that, “Decision-makers should consider whether it is strictly necessary for licensed professionals to be involved in all aspects of the eyewear dispensing process (i.e. preparation, adaptation and delivery), and to what degree.” While there are, the Bureau acknowledges, certain regulatory safeguards necessary to protect Canadian businesses and consumers, the Bureau asks that “less restrictive measures be put in place to facilitate online sales, while at the same time, maintaining patient health and safety.”

Read the complete statement from the Competition Bureau here.

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