News

Turkish Competition Authority (TCA) has cleared the proposed acquisition of GrandVision

ByHanna Diewald 11. June 2021

Update on the proposed acquisition of GrandVision: EssilorLuxottica confirms that the Turkish Competition Authority (TCA) has cleared yesterday the proposed acquisition of GrandVision.The clearance was given after EssilorLuxottica made certain behavioral commitments with regards to the conduct of its business in Turkey.

With this approval of the Turkish authority, all regulatory approvals for closing of the proposed transaction have been obtained.The outcome of the transaction is still subject to the decision regarding the ongoing arbitration proceedings.

The Vision Council announces the publication of ANSI Z87.1–2020

The Vision Council has announced the revision of the ANSI/ISEA Z87.1 American National Standard for Occupational and Educational Personal Eye and Face Protection Devices. This standard sets criteria related to the general requirements, testing, permanent marking, selection, care, and use of eye and face protectors to minimize the occurrence and severity or prevention of injuries…

EssilorLuxottica board of directors pays tribute to Leonardo Del Vecchio and appoints new chairman

EssilorLuxottica’s board of directors met yesterday and paid homage to chairman, Leonardo Del Vecchio, who passed away peacefully Monday morning. The announcement said that he will forever be remembered for his values, robust leadership, passion, exceptional character as well as his dedication toward the company and its employees. During the meeting, the board of directors…

The Vision Council launches 2020 Diversity, Equity and Inclusion Survey

The Vision Council has announced the launch of the 2020 Diversity, Equity and Inclusion Survey. Developed in partnership with Nonprofit HR, one of the leading full-service human resources firms focused exclusively on the nonprofit sector with expertise in DEI consulting, the custom survey is intended to benchmark the vision care leadership landscape in order to…

The Vision Council releases Tariff Impact Report: Potential Industry impact from Eyewear Tariffs

The Vision Council’s research team released a first-of-its-kind report in September, which attempts to gauge how potential U.S. tariffs on Chinese eyewear could impact consumer buying habits, intentions and spending. Through a questionnaire to recent eyewear buyers (those who bought ophthalmic frames, prescription lenses, Plano lenses, over-the-counter reading glasses and contact lenses) The Vision Council…

Fitting heigh value not required: innovative multifocal NAL has been patented

Michael Walach, the President of Quest Vision Care Specialty Lab and the CEO of QLDS, a cloud based digital lens design global provider, holder of several US and international utility patents in the field of ophthalmic lenses and lens technology, has been granted a new, Broadview Natural Addition Lens (NAL) efficacy patent number U.S. 11,126,012….

HOYA Vision Care and Myopia Profile join forces to educate ECPs about myopia managment

HOYA Vision Care and Myopia Profile, a leading international myopia educational company, announced the roll out of a suite of co-created certified training courses to educate, inform and empower Eye Care Professionals (ECPs) to prescribe spectacle lenses for children in the global fight to address and manage myopia. The bespoke program developed together includes certified…

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