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July 13, 2020 |
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ESCONDIDO, Calif.—TearLab Corp., a leader in diagnostics for dry eye disease (DED), said its acquisition by Accelmed Partners II (AP-II) has closed. The tentative deal between the companies and a $25 million investment by the Accelmed was announced in May, as VMAIL reported. "This is a promising new chapter for TearLab,” chief executive officer Seph Jensen said. “Our investment into a wider portfolio of DED diagnostics and treatments will not only offer physicians Read more.
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BERKELEY, Calif.—Andrew Schmeder, a scientist who co-founded EnChroma and served as the company’s CEO for the past four years, is moving into a new full-time role as chief technology officer. Tony Dykes, who is also a co-founder of EnChroma and who served as CEO prior to Schmeder, is stepping in as CEO on an interim basis while the company searches for a new CEO. “I have thoroughly enjoyed my role as EnChroma CEO while Read more.
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OAKVILLE, Ontario, Canada—Binovi Technologies Corp. (TSX-V:VISN | OTCQB: EYCCF), formerly Eyecarrot Innovations Corp., announced it has signed a binding share purchase agreement to acquire a private entity which owns VIMA Rev Strobe Lenses, its related patents, associated intellectual property, and available inventory. Details of the transaction were not disclosed. The move further bolsters Binovi’s neuro-vision technology stack as the company continues to execute upon its global commercialization strategy, Binovi said in a statement. The transaction will further Read more.
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RICHMOND—Virginia Gov. Ralph Northam announced last week that Bausch + Lomb, a division of Bausch Health Companies Inc. (NYSE/TSX: BHC), will invest more than $35 million to expand its manufacturing facility in the city of Lynchburg. In total, 79 new jobs will be created over the next five years, the announcement noted. B+L’s investment includes the purchase of 13.1 acres of land across from its current complex at 1501 Graves Mill Road, and the new facility Read more.
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NEW YORK—Gatto USA, part of the Italy-based Gatto Group is expanding its presence in the U.S. market to offer its services to American-based eyewear and accessories companies. Headed by Francesco de Grossi, Gatto USA has a showroom here in Manhattan as well as a service facility in Boonton, N.J. to support customers who are looking to collaborate on packaging and paper products, displays, product cases and visual merchandising for their collections, according to the company. Read more.
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SAN RAMON, Calif.—A second CooperVision contact lens manufacturing facility has earned prestigious LEED Silver certification for its environmentally conscious design and operation, the company announced recently. Opened in 1999, the 540,000-square-foot site in Juana Díaz, Puerto Rico, produces the company’s popular silicone hydrogel contact lenses including, MyDay and Biofinity brands. CooperVision’s clariti 1 day production site in Alajuela, Costa Rica, earned its LEED Silver certification in late 2018, as VMAIL reported. The LEED Read more.
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 Despite compliance from the majority of Americans, retailers are alarmed with the instances of hostility and violence frontline employees are experiencing by a vocal minority of customers who are under the misguided impression that wearing a mask is a violation of their civil liberties.
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Brian Dodge, president of the Retail Industry Leaders Association (RILA), writing in a letter to the National Governors Association in which he requested the governors issue “concise, statewide” safety protocols, including mandating the wearing of masks in stores.
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FRAME COLLECTION
State Intros Spring/Summer 2020 Optical Collection
Quick Take:
State Optical Co. is introducing its Spring/Summer 2020 optical collection, featuring four new styles.
Specifics: The new styles are: Canal, Kildare, Southport and Vernon. The styles all showcase the brand’s experimentation with new manufacturing tooling and small crafted details, including rounded endpieces and metal detailing on the temples. In addition, the collection brings new colorways including bold plum/guava and tobacco leaf/spruce.
Selling Point: State’s new optical styles are detailed, precise and architectural.
Read more.
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FRAME COLLECTION
Thelios Debuts First Rimowa Eyewear Collection
Quick Take:
Thelios and luxury luggage brand Rimowa have introduced the first Rimowa eyewear collection.
Specifics: The collection is made up of three lines: The Rimowa Bridge, The Rimowa Rim and the Rimowa Air. The Rimowa Bridge features two pieces of mask overlaid and assembled by pins, echoing the brand's iconic luggage. The Rimowa Rim is a minimal acetate design with metal temples. The Rimowa Air is a lightweight optical range in
Read more.
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FRAME COLLECTION
L’Amy America Launches New Niki Nicole Miller Styles
Quick Take:
L’Amy America’s
Nicole Miller is adding three new optical styles to Niki Nicole Miller, its teen girl collection.
Specifics: The new styles are Haley, Lulu and Piper. Haley is a combination style featuring a modern Nicole Miller floral pattern on the inside of the temples and a Celtic weave pattern on the outside of the temples. It is available in black/eggplant, tortoise/denim and rose tortoise/blush. Lulu is an acetate style featuring a Nicole
Read more.
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NEW YORK—It has been a difficult year for brick-and-mortar retail, of course. But, for e-commerce, the year 2020 has been a record-breaker for many firms. This is borne out in a revised forecast by eMarketer for the U.S. retail sector.
The research firm, in its February retail forecast, projected modest growth of 2.8 percent (to $5.62 trillion in total U.S. retail sales), but then the coronavirus pandemic hit hard, leading to “store closures, stay-at-home orders and declined demand for nonessential goods,” according to eMarketer.
As a result, the firm said it now expects there to be a 10.5 percent decline in U.S. retail sales this year, with a 14.0 percent drop in brick-and-mortar sales.
However, eMarketer said it believes the “news isn't dire for all retail channels. E-commerce is poised to grow 18.0 percent following a 14.9 percent gain in 2019, further evidence of the digital shift.” Read more.
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About This Post: Know someone who still doesn't quite want to wear a mask while outdoors? Or just curious about how, exactly, it helps keep people safe? Head over to Forbes for a look at the science behind wearing a mask, and what it does to lower the risk of spreading or contracting COVID-19.
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NEW YORK—We could not get through these unprecedented times without our health care workers which is why Jobson is highlighting the work of ECPs for continuing to provide essential eyecare during the Covid-19 pandemic. The #EyecareHeroes initiative enabled participating companies to join with the Jobson Optical Group, including Vision Monday and 20/20, to donate to Project C.U.R.E., a charitable organization that distributes medical supplies, such as PPE, to health care practitioners in the U.S As part of the initiative, Jobson Optical Group, with the support of many industry suppliers, has made a donation to Project C.U.R.E. Together, let's continue to thank ECPs by showcasing their efforts. Nominate an Eyecare Hero by clicking here, which will take you to our Eyecare Heroes landing page. Read More
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On her second date with the man who would become her husband, Tanya Gill, OD, says she told him that she always wanted to invent something. That dream coincided with an incident when a patient came to Dr. Gill, extremely unhappy with her current contact lenses. Dr. Gill found a problem with the patient’s story: it wasn’t the lenses, it was the amount of makeup buildup on them. When the patient expressed how difficult it was to find a makeup remover that met her demands: vegan, cruelty-free, perfume-free, gluten-free and the like, Dr. Gill promised to find her a solution. After visiting Whole Foods and finding nothing that fit, Dr. Gill knew the way to get something done was to make it herself, and she knew where she wanted to start. Read More
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CEO David Pellicer explains to WMIDO the process put in place by the company to deal with the Covid-19 emergency. The pandemic has pushed Etnia Barcelona to give an extra boost to its programs. Read more.
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