The European optical industry has a new president: Oliver Fischbach, Senior Vice President of Western Europe & North America at Hoya Vision Care and a representative of Spectaris, was elected president of the European umbrella organization at the General Assembly of EUROM 1 Optical Industries in Naples.
The Vision Council is helping members navigate yet another shift in U.S. trade policy. The existing Section 122 tariffs that had assessed a 10% duty on imports expired Friday, July 24, resulting in the Trump Administration imposing new tariffs under Section 301 of the Trade Act of 1974 for 60 economies over alleged forced-labor violations.
ANFAO – the Italian Optical Goods Manufacturers’ Association – held on July 14 its General Meeting at Palazzo Flangini, to discuss shared objectives and future initiatives. Market figures were also presented and showed a decline of 6.1% compared with the first quarter of 2025. By far the sharpest decline was seen for U.S. exports.
Coburn Technologies announced a new strategic partnership with VeroCore Business Solutions Ltd. for the sale and distribution of its products in the United Kingdom and Western European markets.
EssilorLuxottica and Meta announced the launch of Meta Glasses, a new collection of AI glasses aimed at opening up the smart eyewear category to broader audiences, including consumers looking for more attainable innovation.
Silmo is further advancing its international expansion with the inaugural edition of Silmo Riyadh, set to take place from April 2 to 4, 2027, at the Riyadh International Convention & Exhibition Center (RICEC)
EssilorLuxottica will start first wearable production lines in Italy, starting from the second half of the year.
Meta is set to expand its physical retail presence through a new partnership with Best Buy, introducing dedicated “Meta Lab” spaces within more than 50 stores across the United States and Canada.
Following the U.S. Supreme Court’s February decision limiting presidential authority under IEEPA, Section 122 duties have been in effect, but are set to expire July 24, 2026. Now, the U.S. Trade Representative (USTR) has announced proposed new tariffs under Section 301 of the Trade Act of 1974, citing forced labor concerns across more than 60…
Stephan Schenk will take over as head of the Consumer Optics Trade Association at the German industry association SPECTARIS effective July 15, 2026
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