News

New Look Eyewear Inc. announces its results for the third quarter of 2014

New Look has reported revenues of $32.5 million for the third quarter that ended September 27, 2014.

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Increased sales and profits at Hoya

Hoya posted an 18.6% increase in its profits for the second quarter of 2014, compared with the same period in 2013.

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Abbott reports good results in eye care market

Abbott reported a sales increase of 5.8% over last year for the third quarter of 2014.

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Marchand Giguère merges with FYidoctors

As part of its expansion plans, the Calgary-based optometry network, FYidoctors, has made its entry into Quebec by merging with the Marchand Giguère Group.

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Court reprimands Valeant and Pershing Square

A California court says that Allergan raises serious questions as to whether Valeant and Pershing Square engaged in insider trading.

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Sales growth and new appointments at Luxottica

Luxottica reported sales of CA$8.2 billion for the first nine months of 2014, a 2.1% increase over the same period last year.

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Fear of vision loss

People fear blindness as much as they do cancer, Alzheimer’s disease and HIV/AIDS, according to a poll by Research!America and Alliance for Eye and Vision Research.

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Excellent third quarter for Valeant

Quebec-based Valeant Pharmaceuticals, owner of Bausch + Lomb, among others, recorded its second best quarterly results since it was founded in 1960.

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Tough quarter for Johnson & Johnson in the eye care market

Despite a good quarter for the company in general (sales of US$18.5 billion, up by 5.1% over last year), Johnson & Johnson reported a drop in eye care product sales in the third quarter of 2014.

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Valeant increases offer for Allergan

Quebec-based Valeant Pharmaceuticals has increased its takeover bid for Allergan from US$50 to nearly US$60 billion.

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