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Luxottica Unveils New HQ and Showroom in New York City

NEW YORK—Luxottica invited media, customers and other guests to the official debut of its new U.S. headquarters and brand showrooms here, housed in a 100 plus-year-old building which has been completely overhauled with modern interiors and high-tech displays and office space....

Marcolin Group and Max Mara Fashion Group Sign Multi-Year License for Sportmax Eyewear

LONGARONE, Italy—Marcolin Group and Max Mara Fashion Group have announced the signing of an exclusive worldwide licensing agreement for the design, production and distribution of sunglass and eyeglass frames for women under the Sportmax brand....

2nd Annual Canadian Frame Study Reveals Opportunities and Threats

NEW YORK—The results of the second annual Canadian Frame Market internet study, jointly conducted by VuePoint IDS and Jobson Optical Research, are now available. The 2018 study, building upon the inaugural research conducted in 2017, reveals that eyecare professionals are choosing to be more selective and do business with fewer frame suppliers, according to an announcement from VuePoint IDS. The distribution strength of the top players shows signs of weakening compared to the previous year. Only...

Essilor Vision Foundation Empowers Eyecare Providers to Change Lives

DALLAS—Essilor Vision Foundation ( is combining technology and philanthropy to help people in need get the vision care and eyeglasses they need. The non-profit recently launched Changing Life through Lenses, a first-of-its-kind charitable solution equipping eye-care providers across the U.S. with the tools they need to eliminate poor vision among the underserved in their communities....

Precision Optical Group Purchases Precise Optical

CRESTON, Iowa—Precision Optical Group, based here, (POG) has acquired Precise Optical, a full service laboratory located in San Angelo, Texas. Details of the transaction were not disclosed....

Allergan Reports Lower Sales in Both Fourth-Quarter and Full-Year 2018 Periods

DUBLIN—Allergan (NYSE: AGN) on Tuesday reported full-year 2018 net revenues of $15.8 billion, a 1.0 percent decrease from 2017, and fourth-quarter net revenues of $4.08 billion, a 5.7 percent decrease from the year-ago quarter. Allergan chairman and chief executive officer Brent Saunders said the company “posted another quarter of strong results to close out 2018,” which he said underscores Allergan’s focus on “execution, financial discipline and the strength of our core business, which grew 8.3...

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