The Pavia styles from Etnia Barcelona has natural acetate frames with rounded profiles and new colour and texture arrangements. Geometric and hexagonal profiles are light and slightly angled, clearly influenced by the 1970s. Each frame expresses a different attitude, a different way of seeing and understanding the world. Because sight is a personal, unique and non-transferrable experience.
Distributed by: www.etniabarcelona.com
Safilo Group celebrates 140 years of eyewear manufacturing tradition which dates back to the foundation of its very first Italian manufacturing site dedicated to eyewear.
It was in 1878 that a manufacturing site was first opened to produce lenses and frames in Calalzo di Cadore, in the Venetian Alps. The Safilo name dates back to 1934, when Guglielmo Tabacchi bought this first Italian production site and founded a new eyewear company, making it the oldest player in the Italian eyewear industry.
Celebrating 140 years of eyewear tradition reflects the corporate objective of preserving and enhancing Safilo’s traditional savoir-faire while emphasizing ties with the region where this same tradition was born. It also means acknowledging the incredible range of craft skills preserved by the artisans working with passion and dedication behind every single pair of glasses. These skills will only survive if they live in each generation; they provide a link to the company’s roots and are part of Safilo’s shared heritage which is now projected into the future thanks to Safilo’s Eyewear Product School, a three-year apprenticeship program – launched in 2014 – offering on the job training that will secure the further sustainability of this unique mastering of Italian manufacturing traditions.
The same purpose is perpetuated by Galleria Safilo, the virtual museum exclusively dedicated to eyewear history which highlights the role of Safilo Group as the historical industry leader and founder of the Italian eyewear manufacturing tradition. Safilo also owns one of the world’s most important private collections dedicated to eyewear.
Click HERE to read the full press release.
Essilor Academy Canada has launched a new series of webinars to help eye care professionals across the country adapt to an ever-changing marketplace and consumer needs. The brand-new program brings together all of Essilor Canada’s training activities and includes nine webinars based on three pillars: Growing Your Business, Make Your Life Easier and Be the Eye Care Expert.
Essilor Academy Canada listened to the requests of ECPs from coast to coast and built on the very successful formula introduced in 2017. The 22 webinars and online courses presented last year in French and English, live and recorded, generated more than 4000 views. The new 2018 program will incorporate the same format used in 2017 and provide new learnings to promote continuous development amongst ECPs.
New Content in 2018
The newly launched program shares information on current industry topics, engaging participants and motivating eye care professionals to act on the learnings. Each webinar is 30 minutes or less. The schedule for 2018 content is as follows:
Essilor Academy Canada’s Optics 101-The Basics online training series, perfect for newcomers to the industry and for those who want to update their knowledge, is also available now. Other types of online training will also be made available to participants throughout the year.
A Comprehensive Training Program
Based on Essilor Canada’s solid training experience, Essilor Academy Canada’s programs are designed to promote motivation and passion in learning in order to maximize implementation and produce rapid results. In addition to the webinars, the program includes in-office training and large-scale events such as the Roadshow, Alive Summit / MBA and Varilux Vision Summit Trip. A wide variety of topics are covered, from sales to team management and business development, to customer journey engineering and the basics of optics, innovation and technology.
Registration for the 2018 webinars and the Optics 101-The Basics online training series are open now. To register or for any questions you may have, please contact Essilor Academy Canada by email at: essilor.academie@essilor.ca.
Click HERE for the full press release.
Essilor Technologies’ Pro-ETM 600 edger is designed for productivity with a holistic approach to finishing lenses, combining traditional wet edging with the versatility, precision, and speed of milling.
For more information contact your local Essilor Technologies Territory Manager, call us directly at: 1-888-337-1429, ext. 1, or email us: info@essilortechnologies.ca .
New Look Vision Group Inc. reported financial results today for the 13 and 52 weeks ended December 30, 2017 (“Q4 2017” and “fiscal 2017”). This press release should be read in conjunction with the Company’s management discussion and analysis (the “MD&A”) and consolidated financial statements for fiscal 2017, which are available on the Company’s website at www.newlookvision.ca/investors and have been posted on SEDAR at www.sedar.com.
Q4 2017 Financial and Operational Highlights
Revenues reached $67.5 million and adjusted EBITDA reached $12.5 million for Q4 2017, representing increases of 23.9% and 28.3% respectively over last year. The revenue increase was mainly due to the net addition of 159 stores to the network in the last twelve months as well as same store sales growth of 2.8% over last year.
This revenue growth, along with improvement in the materials consumed ratio, resulted in the strong adjusted EBITDA performance. As a percentage of revenues, adjusted EBITDA in the fourth quarter increased 70 basis points to 18.6%. Depreciation and amortization expenses increased as a result of the acquisition of IRIS and capital investments made on the Company’s stores and laboratories.
When adjusted for acquisition-related costs and other non-comparable costs, adjusted cash flows from operating activities were $12.2 million or $0.80 per share, an increase of $2.4 million, or 25.1% over last year.
On October 24, 2017, the Company acquired Iris, The Visual Group (Iris), with 147 stores. Results of this acquisition, for 10 weeks, are included in the results for the fourth quarter and year end for Fiscal 2017.
Year-to-date Financial and Operating Results
Year-to-date revenues and adjusted EBITDA reached a record of $229.2 million and $42.1 million respectively, which represent increases of 15.4% and 19.1% respectively over fiscal 2016.
Adjusted net earnings attributed to shareholders, which is net earnings adjusted to remove the impact of depreciation, acquisition-related costs, equity-based compensation, and other non-comparable costs were $25.4 million, or $3.0 million over last year. Adjusted net earnings per share (diluted) increased to $1.78, up 9.9% from $1.62 in 2016. Comparable store sales year-to-date were up 2.6% over last year.
Antoine Amiel, the President and CEO of New Look Vision, stated that: “With the Q4 results, the 2017 year ended on a very strong note for the group. This and other positive operating and financial factors throughout the year as a whole are concrete evidence of the success of our strategic growth plan in recent years, both organically and by acquisition, as well as our ability to generate synergies across our expanding network.
In the fourth quarter, we completed the acquisition of Iris with its 147 locations which gives us a strong optometric based platform to build from in this sector of the consolidating Canadian retail optical industry. We look forward to working with their management team,partners and franchisees in the coming years.
Subsequent to quarter end, we welcomed on board Tania M. Clarke, as Senior Vice President and Chief Financial Officer.”
Click HERE to read the full press release.
VX Titanium combines 100% titanium construction with lightweight comfort, durability and contemporary styling across 13 men’s and women’s designs.
Learn More
Academy 2026 Anaheim showcased major research, innovation and leadership in optometry, featuring landmark studies, new Fellows and advances shaping the future of eye care.
Read more
ZEISS gathered eye care professionals in Vancouver for the Myopia Innovation Summit, introducing MyoActive and showcasing evidence based strategies for myopia management.
Read more
Learn how early optometry practice succession planning can improve practice value, reduce owner dependence, protect tax eligibility, and create a smoother transition.
Read more
CIBC Commercial Banking is stepping into Canadian optometry through a new collaboration with Eye Care Business Canada, debuting with a webinar on buying an optometric practice.
Read more
VX Titanium combines 100% titanium construction with lightweight comfort, durability and contemporary styling across 13 men’s and women’s designs.
Learn More Academy 2026 Anaheim showcased major research, innovation and leadership in optometry, featuring landmark studies, new Fellows and advances shaping the future of eye care.
Read More ZEISS gathered eye care professionals in Vancouver for the Myopia Innovation Summit, introducing MyoActive and showcasing evidence based strategies for myopia management.
Read More Learn how early optometry practice succession planning can improve practice value, reduce owner dependence, protect tax eligibility, and create a smoother transition.
Read More CIBC Commercial Banking is stepping into Canadian optometry through a new collaboration with Eye Care Business Canada, debuting with a webinar on buying an optometric practice.
Read More
VX Titanium combines 100% titanium construction with lightweight comfort, durability and contemporary styling across 13 men’s and women’s designs.
Learn More Academy 2026 Anaheim showcased major research, innovation and leadership in optometry, featuring landmark studies, new Fellows and advances shaping the future of eye care.
Read more ZEISS gathered eye care professionals in Vancouver for the Myopia Innovation Summit, introducing MyoActive and showcasing evidence based strategies for myopia management.
Read more Learn how early optometry practice succession planning can improve practice value, reduce owner dependence, protect tax eligibility, and create a smoother transition.
Read more CIBC Commercial Banking is stepping into Canadian optometry through a new collaboration with Eye Care Business Canada, debuting with a webinar on buying an optometric practice.
Read more VX Titanium combines 100% titanium construction with lightweight comfort, durability and contemporary styling across 13 men’s and women’s designs.
Learn More Academy 2026 Anaheim showcased major research, innovation and leadership in optometry, featuring landmark studies, new Fellows and advances shaping the future of eye care.
Read more ZEISS gathered eye care professionals in Vancouver for the Myopia Innovation Summit, introducing MyoActive and showcasing evidence based strategies for myopia management.
Read more Learn how early optometry practice succession planning can improve practice value, reduce owner dependence, protect tax eligibility, and create a smoother transition.
Read more CIBC Commercial Banking is stepping into Canadian optometry through a new collaboration with Eye Care Business Canada, debuting with a webinar on buying an optometric practice.
Read more
