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October 27, 2017April 24, 2018

New Look Vision Announces Senior Management Appointments Changes

Montreal, Quebec: Following the closing of the acquisition of Iris, le groupe visuel (1990) inc., Antoine Amiel, President and Director of New Look Vision Group Inc. announces the following senior management appointments and changes.

Éric Babin has been appointed as the new President of Iris, responsible for the overall operations of the company. Éric has been with Iris since 1998, most recently as Vice-President, Communications and Information Technologies and as a director. He has broad industry experience and is well acquainted with the Iris operations. He will be replacing Dr. Michael Chaiken O.D., who has retired as President.

At the same time, Dr. Sylvain Boucher O.D. will be joining the Iris board of directors. Sylvain is the President and CEO of Ergoresearch Ltd., is an optometrist by training and was with the Iris group from 1996 through 2005. His duties at the time included operations and development.

Effective November 7, 2017, Mario Pageau will be appointed Senior Vice-President, New Look Eyewear and Greiche & Scaff, responsible for the operations of these two banners. Currently, he is Senior Vice-President, Optical Products and Services. Mario, an optician by training, joined New Look Vision in 1987 and has a broad range of experience across all aspects of the optical industry, including retail and manufacturing.

Mario will be replacing Martial Gagné who will be retiring as President of New Look Eyewear and Greiche & Scaff, effective November 7, 2017, to pursue career opportunities in another industry. Martial has been President of New Look Eyewear since January 2008 and with the company since 2001. Martial will continue to serve on the board of directors of New Look Vision.

Click HERE for the full press release.

October 27, 2017April 24, 2018

New Spring Summer 2018 Collection from Kering and Maison Cartier

Kering Eyewear and the Maison Cartier announce the launch of the new Cartier Eyewear Spring Summer 2018 collection, which was presented during Silmo in Paris (October 6-9, 2017).

Under the terms of the agreement, Richemont, Maison Cartier’s parent company, has acquired a minority stake in Kering Eyewear, which has also integrated the Manufacture Cartier Lunettes entity in Sucy-en-Brie, France.

A dedicated team at Kering Eyewear will ensure the new Cartier Eyewear collection preserves the identity of the Maison Cartier with a contemporary aesthetic and will focus on the qualitative marketing and distribution strategy it has applied to all brands within the Kering Eyewear portfolio.

Roberto Vedovotto, Chairman & CEO of Kering Eyewear, said “We are thrilled to have entered into this exceptional agreement with Richemont. Our combined, highly specialized teams will be working to build on the incredible prestige of the Maison Cartier to develop and exceed the uniqueness of the brand in the Eyewear category”.

Three main collections – Santos de Cartier, C de Cartier and Panthère de Cartier – embody the brand’s exclusive heritage and combine emblematic features with a contemporary design approach.

Click HERE for full press release.

October 26, 2017May 20, 2026

OWP Men: Cool Masculinity in Acetate and Stainless Steel

The elaborate design of style 7503 can be felt to the touch. The simple acetate frame renounces unnecessary accessories and instead uses high-quality details such as the embossed metal lower rim. The shades are earthy and partly brushed in brown-grey or cool in metal tones and blue. This style has a precision spring hinge for perfect comfort.

Distributed by Lanctôt: www.rlanctot.com

October 26, 2017April 24, 2018

New Look Vision Group Completes Acquisition of IRIS

Montreal, Quebec: New Look Vision Group Inc. announced that it has completed the acquisition of all of the shares of Iris, The Visual Group (1990) Inc. As previously announced on Infoclip.ca, the purchase price is $120 million on a cash-free and debt-free basis, subject to customary post-closing price adjustments. Based in Laval, Quebec, Iris has a network of 147 locations across Canada. It is estimated that the combined entity will have annual system-wide revenues exceeding $315 million, estimated consolidated revenues exceeding $265 million and a store network of 379 locations. It is the largest Canadian integrated retail optical company in a fragmented optical retail industry characterized by competition from other optical retail chains and independent operators, as well as vertically integrated business models, warehouse stores, supercenters and online retailers.

New Look Vision financed the acquisition though an increase to its senior secured term facility with its bank syndicate, a new junior unsecured debt facility and the private placement of 1,616,000 subscription receipts at a price of $30.94 per subscription receipt. These subscription receipts are exchangeable today for 1,616,000 Class A common shares of New Look Vision. As a result thereof, 15,439,260 Class A common shares of New Look Vision are currently issued and outstanding.

Click HERE for full press release.

October 24, 2017April 24, 2018

Bright Optical Brings Prokera Corneal Bandages to Canada

Bio-Tissue, Inc., a business unit of TissueTech, Inc., announced a strategic agreement with Bright Opticalto help bring its PROKERA® biologic corneal bandage devices to the Canadian eye care professional’s market.

Eye doctors around the world use PROKERA biologic corneal bandage devices for use in healing and treating corneal involved dry eye, keratitis, recurrent corneal erosions and other ocular surface diseases. The PROKERA products – PROKERA Slim, the original PROKERA, and PROKERA Plus – are the only therapeutic devices cleared by Health Canada that simultaneously reduce inflammation and promote regenerative healing of the ocular surface.

Paul Salsberg, President of Bright Optical said, “Bright Optical is pleased to build upon our successful relationship with Bio-Tissue, and help to bring PROKERA to Canadian eye care professionals. Bio-Tissue took great steps in bringing this product to the Canadian market and gaining Health Canada approval, which is significant in enabling our company to begin promoting the sale of PROKERA in Canada. We are very excited about the opportunity this provides to eye care professionals and patients throughout Canada for the treatment of ocular surface disease.”

Click HERE for the full press release.

New Look Vision Announces Senior Management Appointments Changes

New Spring Summer 2018 Collection from Kering and Maison Cartier

OWP Men: Cool Masculinity in Acetate and Stainless Steel

New Look Vision Group Completes Acquisition of IRIS

Bright Optical Brings Prokera Corneal Bandages to Canada

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