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MyOptique, Largest Online Optical Retailer in Europe, Acquires New Brands

MyOptique Group, already the largest online eyewear retailer in Europe, has expanded further through acquiring 4care, a rival German online retailer, and Eyewearbrands, a UK-based premium eyewear vendor.

Beginning in 2004 with Glasses Direct, a budget online retailer in the UK selling eyewear directly to consumers, MyOptique has sold to over 3 million customers between all brands and seen its prescription glasses sales grow at roughly 50 percent per year. In 2013 MyOptique received £8 million ($16 million CAD) in funding from venture capital firms to expand in Europe through acquisition, and has set up test sites outside of Europe.

MyOptique CEO Kevin Cornils, told VuePoint, “MyOptique has no plans for Canada in 2015, and will be re-evaluating its market presence in 2016.”

Further information: http://techcrunch.com/2015/08/15/myoptique-buys-two-more-eyewear-brands-to-grow-in-europe/

Canadian Firms Invest in American Optometric Chain MyEyeDr.

Toronto-based Altas Partners and the Caisse de dépôt et placement du Québec (CDPQ), a crown corporation Quebec  investment firm, announced on August 17 that they are investing in Capital Vision Services (CVS), which manages the MyEyeDr. chain of optometric offices.

Founded in 2001, MyEyeDr. has experienced rapid growth and now has over 2,000 employees and 1.9 million patients among its 165 offices in the south-east United States.  CVS mission is to provide optometrists and/or optical retailers with both a secure exit strategy along with an expert team to oversee all day-to-day business operations.

Andreas Beroutsos, Executive VP of CDPQ, said of the deal,  “With this investment, CDPQ contributes to the further expansion of a company that has made a name for itself in its sector over the past 15 years with a distinctive business model. From a long-term investment standpoint, CDPQ’s contribution will enable the company to carry out its growth plan.”  The current management of Capital Vision Services will remain in their roles.

Further information:

http://www.altaspartners.com/altas-invests-in-capital-vision-services/

Visit MyEyeDoctor.com

New in the OWP Men’s Collection: Ultra Fine Acetate Styles

A first in the OWP men’s collection – two styles made from ultralight acetate. For both styles, top quality sheets of acetate are thinned down using cutting edge technology so they are just a few millimetres thick. This fine, yet dimensionally stable material is called HD acetate.
Colour gradient acetate is used for style 7594’s panto front. The temples consist of a long end tip with stainless steel decoration.

Distributed by Lanctôt : www.rlanctot.com

Australian Research: CL Discomfort Not Linked to General Eye Fatigue

Discomfort and dry eyes are the major causes of patient dissatisfaction with contact lenses, and often contact lens practitioners will suggest switching to disposable lenses to improve performance, however research from the University of New South Wales, Australia funded by CIBA Vision and the Brien Holden Vision Institute, shows that simply reducing the length of time the patient is wearing contact lenses results in a large improvement in comfort and dryness.

The study, published June 2015 in Optometry and Vision Science, found that there was little decrease in patient comfort and dryness when contacts were worn for a period of less than four hours, but was significantly decreased for patients wearing contacts for over eight hours.

The time of day when the contacts were worn had no effect on the comfort of the contact lenses when worn for a four hour period, suggesting that discomfort with contact lenses was not caused by general eye fatigue.

This research indicates that patients unable to wear contacts comfortably for an entire day would benefit from adopting shorter periods of wear during the times of day where their lifestyle most demands comfortable contact lens wear.

Further Information: http://journals.lww.com/optvissci/Abstract/2015/06000/Ocular_Discomfort_Responses_after_Short_Periods_of.5.aspx

Sunglasses for the Sporting Soul Created by Blackfin

Blackfin designs new wraparound sunglasses taking sunglass technology to a whole new level of design. BF735, designed with innovative angular arches and 3D technology, maintains Blackfin quality: being strong, light weight and streamlined. This model is designed with superior optics in their mirrored lenses, making these sunglasses the product of innovative research. The frame is designed and manufactured in Italy, made from titanium, and 3D technology.

Distributed by Mood Eyewear: www.moodeyewear.com

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