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“Myopia Cell” Discovered

Researchers at Northwestern Medicine have discovered a cell responsible for controlling the growth and development of the eye in childhood. When it is dysfunctional, then the cell instructs the eye to grow too long, resulting in myopia. The results, published in the February issue of Current Biology, is titled The article is titled “Circuit Mechanisms of a Retinal Ganglion Cell with Stimulus-Dependent Response Latency and Activation Beyond Its Dendrites.”

Greg Schwartz, lead researcher on the paper, named the cell “ON delayed”, due to its slow response to brightening light. The cell’s primary function appears to be the ability to detect when an image is in focus.

Scientists have long sought the trigger that controls eye growth, “But for years no one knew what cell carried the signal,” Schwartz said. “We potentially found the key missing link, which is the cell that actually does that task and the neural circuit that enables this important visual function.”

Schwartz believes that the red-green contrast indoor light overstimulates these cells, causing an aberrant amount of growth in the eye.

These results are part of a larger study to attempt to “reverse engineer” the retina, identifying all retinal cells by type and function. There are about 50 types of retinal ganglion cells already discovered.

Carl Zeiss Meditec Raises €317 Million for Acquisitions

Carl Zeiss Meditec AG reported Tuesday that it has issued 8,130,960 new shares, a ten percent increase in share capital, in order to raise cash for acquisitions. The per share price was €38.94, resulting in a total increase of available cash reserves of €317 million. The shares were offered exclusively to institutional investors and will carry full dividend rights for the past fiscal year.

Dr. Ludwin Monz, President and CEO of Carl Zeiss Meditec, said in the statement: “We are delighted with the very strong demand for our new shares. The realised proceeds will provide us with the necessary firepower and flexibility to selectively exploit opportunities in our markets and to sustainably accelerate our growth. We would like to thank our new and existing shareholders for the high level of trust.”

Timeless, Elegance, Functionality. Tokado

Tokado is an exquisite frame collection designed in Canada and manufactured in Italy. Optiman introduces this very European feeling spring frame launch encompassing a retro flair. Model tk6730 in tortoise is a stunning showcase piece. The frame has a wonderful blend of rich acetate, ultra-light metal temples, and is created with a long tradition of excellence in craftsmanship.

Tokado is distributed by Optiman:  www.optimaninc.com

Acquisitions Spur Record Growth at New Look

New Look Vision Group reported sales of $198 million (+22.1%) from the network of 220 stores across Canada in 2016 year-end financial reports (Ending December 31st).  Same store sales were up 4.1% for the year.

Antoine Amiel, President of New Look Vision, said, “New Look Vision Group has reached a run rate of $200 million of revenues from a network of 220 stores which we believe makes us the largest optical retailer in Canada”.

The group has been active in both English and French Canada, creating a national footprint.  In 2015 New Look acquired fifteen Ontario-based I Vision stores and has since completed the brand conversion to VOGUE Optical. In late 2016 New Look completed the acquisition of ten BC-based Visions One Hour Stores.

Three unnamed retail stores in Toronto were acquired subsequent to year-end. According to Amiel, “acquisition activity will continue through 2017 and beyond.”

For full 2016 financial reports click here.

 

Previous Reports on New Look Vision Group acquisitions:

Visions One Hour acquisition – Dec 2016. 

Montreal area acquisition of ZYEU  – April 2016.

I Vision Group  – Dec 2015.

 

 

 

Safilo Unveils the SAFILO Eyewear Collection Launching Autumn 2017

Redesigned with a new concept and positioning, the new SAFILO collection renews its long standing heritage of technical and aesthetic content, with a new optical frames full range celebrating the superior design, functional innovation and “Made-in-Italy” know-how.

Celebrating the Italian DNA of the brand, the new SAFILO eyewear collection showcases premium technical and design features, reflecting the excellence in craftsmanship and the continuous research on innovation Safilo Group is recognized for since 1878.

The new Safilo optical collection presents 16 styles for men, all to be released in Autumn 2017.

Named after the traditional tools and techniques involved in the production of the frames, as endorsement of the authentic Made in Italy quality, the new optical frames are a celebration of Italian manufacturing starting from their names, such as Calibro, Canalino, Buratto, Bussola, Lastra and more.

The colour palette includes a range of classic colours such as the vintage Havana celebrating the brand’s Italian taste, or the subtle tones of black, brown, grey.

For full press release, click HERE.

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