The Cooper Companies reported CA$1.95 billion in revenue for the 2014 fiscal year. This is a record for the company and is partly due to its acquisition of Sauflon in June 2014.

The CooperVision division’s revenue was CA$1.6 billion, up 10% from last year. In the fourth quarter, sales jumped 18% over 2013, to CA$442 million.

Fourth-quarter sales rose 13% for toric lenses, 26% for multifocals and 32% for single-use lenses, compared to 2013. Revenue in Europe, the Middle East and Africa increased by 43% over 2013, and represented 42% of total sales, compared to 40% for the Americas and 18% for Asia Pacific.

For further information: http://files.shareholder.com/downloads/COO/3707982498x0x798084/0b091a27-8896-4ee4-8f2b-f1e693fd3268/COO_News_2014_12_4_Earnings.pdf

A new buying group, Digital ECP Inc., launches in Canada, with a mission to help independent eye care professionals compete with large chains and online retailers.

Digital ECP Inc. was co-founded by Karen Ouellette and Grant Larsen. They have a combined 35 years of optical industry experience in Canada.

Digital ECP provides a number of services, including discounts, billing and business services entirely offered through digital technology. The group also offers personalized consulting and customer service, which consists of websites, digital business services, business valuations, education, and multi-media advertising.

For more information, visit http://www.digitalecp.com/ or call 1-844-571-0220.

To read the full press release, click HERE.

 

VuePoint IDS Inc., Canada’s leading print and digital eye care publisher, and Jobson Medical Information LLC., have formed a comprehensive multi-year strategic partnership, effective immediately.

The partnership facilitates the Canadian expansion of Jobson’s renowned media titles, including 20/20^©, Vision Monday^©, VMAIL^© and Review of Optometry^© in collaboration with VuePoint’s recently acquired print and digital publications, including OPT!K^©, Canada’s fully bilingual B2B eye care publication.

Under the terms of the reciprocal and exclusive arrangement, Jobson is the representative of VuePoint in the US market, and VuePoint represents Jobson media titles and services in the Canadian market. In addition to the development of co-branded digital and print publications, the companies will cooperate on a range of services to eye care stakeholders including marketing research, continuing education, interactive services and custom program development.

“We are thrilled to be working with VuePoint IDS and David Pietrobon to extend the reach of our content and brands into the increasingly important Canadian market. VuePoint’s acquisition of M2L’s optical media properties provides it with a solid base of leading information brands, which it can build upon and enhance through its relationship with Jobson,” Marc Ferrara, CEO, Information Services Group, Jobson Medical Information, stated. “In addition, David’s extensive years of experience as both an ophthalmic industry executive and a media entrepreneur provides him with a unique and valuable framework which will allow VuePoint to meet the Canadian market’s evolving informational needs.”

David Pietrobon, President, VuePoint IDS, stated, “Partnering with Jobson provides us with access to tremendous world-class resources and capabilities. Combined with VuePoint’s Canadian perspective and market-leading access, the arrangement uniquely positions us to provide relevant and essential information to Canadian ECPs and effective communications solutions to all vision care stakeholders.”

More information on the recent acquisition by VuePoint is available HERE.

For further information: https://www.optiknow.ca/wp-content/uploads/2014/12/PressReleaseJobson.pdf