Vision Monday

VMAIL for August 9, 2024

Vision Monday sent this email to their subscribers on August 9, 2024.



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August 09, 2024

 

www.visionmonday.com

WARBY PARKER

Warby Parker Reports Double-Digit Q2 Revenue Growth and Raises Full-Year Guidance

NEW YORK—Warby Parker Inc. (NYSE: WRBY) has announced financial results for the second quarter ended June 30, 2024. The company reported that net revenue increased Read more.

ARG N . David Rips, President/CEQ of Younger Optics

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Harrow Announces 46 Percent Revenue Growth in 2024 Second Quarter

NASHVILLE, Tenn.—Harrow (Nasdaq: HROW), a North American eyecare pharmaceutical company, has announced results for the second quarter and six months ended June 30, Read more.

ABB Optical Group Celebrates Its 35th Anniversary

CORAL SPRINGS, Fla.—ABB Optical Group is celebrating its 35th anniversary, according to an announcement from the company. The company was founded in 1989 to “empower Read more.

Ocular Therapeutix Reports Second Quarter 2024 Results

BEDFORD, Mass.—Ocular Therapeutix, Inc. (NASDAQ: OCUL), a biopharmaceutical company that develops and commercializes therapies for retinal diseases and other eye conditions, has reported financial results Read more.

National Vision Holdings, Inc. Announces Repurchase of $218 Million of Convertible Notes and Borrowing of $115 Million in Incremental Term Loans

DULUTH, Ga.—National Vision Holdings, Inc. (NASDAQ: EYE), one of the largest optical retail companies in the U.S., has announced that it has reached agreement to repurchase Read more.



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To achieve lasting success, retailers must go beyond offering products to provide true value and purpose. Whether it's a dedication to sustainability, adaptability, emotional connection, or any other values, a brand needs to be more than just a product on shelves.

Shawn Nelson, CEO and founder, LOVESAC, from his blog entry, “Providing Value Beyond Products.”




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Now Incorporating VMail ProductWatch and VMail Technology

SOFTWARE

Eyedaptic Launches AI Powered Visual Assistant EYE6 With Ivy for Individuals With AMD

Top Line: Vision-enhancement solutions provider Eyedaptic has unveiled the EYE6 with Ivy, the only wearable vision aid that both enhances vision and provides an artificial intelligence (AI) powered visual assistant. 
Close Up: The EYE6 is the next generation of Eyedaptic’s smart glasses featuring Ivy, an interactive visual assistant to help and empower individuals with age-related macular degeneration (AMD) and other retinal disorders that cause vision loss. 
“Our commitment to innovation is evident in
Read more.

SUNWEAR COLLECTION

Colors in Optics Unveils Fall 2024 Men’s Sun Capsule

Quick Take: Colors in Optics launches its Fall 2024 men’s sunglasses capsule.
Specifics: The five-piece capsule includes remastered vintage classics in Italian acetate and lightweight stainless steel. The launch is made up of preppy oversized Wooster; geometric navigator Mariner; flat rectangle Pierce; rounded Prince; and vintage square James.
Selling Point: The Colors in Optics men’s sun capsule for Fall 2024 is stylish, adventurous and luxe. colorsinoptics.com
Read more.

FRAME COLLECTION

L'Amy America Debuts New Ben Sherman Made Green Styles

Quick Take: L’Amy America has added three new styles to its Ben Sherman ophthalmic collection. These Fall 2024 styles are crafted in sustainable materials including biodegradable acetate and recyclable stainless steel.
Specifics: The three new optical models are Cornhill, Main and South. These styles offer rectangular and geometric silhouettes with on-trend details including sculptural bevels, cut down millwork and paddle-shaped temples featuring the signature Ben Sherman logo and Mod icon. Colorways include traditional black,
Read more.

To submit items for LaunchPad, email [email protected].


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Road Fatalities Increased During the Pandemic, AAA Report Finds

A new study by the American Automobile Association’s Foundation for Traffic Safety revealed that the COVID-19 had a significant impact on travel safety in the Read more.




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National Vision Holdings, Inc. Reports Second Quarter 2024 Revenue Growth But Lowers Full-Year Financial Guidance and Looks to Optimize Fleet

DULUTH, Ga.—National Vision Holdings, Inc. (NASDAQ: EYE), one of the largest optical retail companies in the U.S., has reported its financial results for the second quarter ended June 29, 2024. Net revenue increased 4.6 percent to $451.7 million compared with the second quarter of 2023, the company said, and for 2024 year-to-date, net revenue increased 4.2 percent to $934.5 million compared with the prior-year period. In both cases, the net revenue increase was primarily attributed to growth from new store sales and adjusted comparable store sales growth, partially offset by the effect of converted and closed stores, the company said. Read More

Review of Optometric Business: HIPAA Breaches—What, Why, Where, How and What Must I Do?

Unlike a happy, carefree day at the beach with an umbrella drink, a breach of patient information is no fun and can be just short of a nightmare. Data from the Office of Civil Rights (OCR) states that in 2023 breaches in the health care sector occurred at the rate of 1.99 per day—and that is just reportable breaches. That is a 37 percent increase in 2023 compared to 2022. Doesn’t happen to optometrists? Just in the past 12 months, OCR data confirms reportable breaches in ten eyecare practices involving over 1.3 million patient records. This does not include the breaches associated with clearinghouses and electronic medical record systems. Fines from OCR for breaches can be staggering. Really bad news? The average cost to resolve a reportable breach in 2023 was $4.45 million. Read More


BOLD XXL Will Welcome 360 Brands, 147 Exhibitors for September Show in The Netherlands

'S-HERTOGENBOSCH, The Netherlands—Bold XXL, a leading optical trade fair in The Netherlands, is preparing for its September 2024 edition featuring 360 brands and 147 exhibitors, according to an announcement from show organizers. The show is scheduled for September 8 and 9 at the Brabanthallen in 's-Hertogenbosch. Read more.

 

Text-only version of this email

Advertisement AUGUST 09, 2024 - www.visionmonday.com - WARBY PARKER WARBY PARKER REPORTS DOUBLE-DIGIT Q2 REVENUE GROWTH AND RAISES FULL-YEAR GUIDANCE NEW YORK—Warby Parker Inc. (NYSE: WRBY) has announced financial results for the second quarter ended June 30, 2024. The company reported that net revenue increased Read more. ARG N . David Rips, President/CEQ of Younger Optics Advertisement HARROW ANNOUNCES 46 PERCENT REVENUE GROWTH IN 2024 SECOND QUARTER NASHVILLE, Tenn.—Harrow (Nasdaq: HROW), a North American eyecare pharmaceutical company, has announced results for the second quarter and six months ended June 30, Read more. ABB OPTICAL GROUP CELEBRATES ITS 35TH ANNIVERSARY CORAL SPRINGS, Fla.—ABB Optical Group is celebrating its 35th anniversary, according to an announcement from the company. The company was founded in 1989 to “empower Read more. OCULAR THERAPEUTIX REPORTS SECOND QUARTER 2024 RESULTS BEDFORD, Mass.—Ocular Therapeutix, Inc. (NASDAQ: OCUL), a biopharmaceutical company that develops and commercializes therapies for retinal diseases and other eye conditions, has reported financial results Read more. NATIONAL VISION HOLDINGS, INC. ANNOUNCES REPURCHASE OF $218 MILLION OF CONVERTIBLE NOTES AND BORROWING OF $115 MILLION IN INCREMENTAL TERM LOANS DULUTH, Ga.—National Vision Holdings, Inc. (NASDAQ: EYE), one of the largest optical retail companies in the U.S., has announced that it has reached agreement to repurchase Read more. Advertisement - WHAT SEWAGE DATA REVEALS ABOUT COVID AND BACK-TO-SCHOOL - DOCS SHOULD START GETTING READY FOR UPCOMING RESPIRATORY VIRUS SEASON - THREE YEARS AFTER COVID HOSPITALIZATION, COGNITIVE PROBLEMS PERSIST AND WORSEN - THE NATIONAL AVERAGE FOR GROSS REVENUE AT ECP LOCATIONS INCREASED FOR THE WEEK OF JULY 29–AUGUST 4, JOBSON’S LATEST PRACTICE PERFORMANCE TRACKER SHOWS Advertisement - TO ACHIEVE LASTING SUCCESS, RETAILERS MUST GO BEYOND OFFERING PRODUCTS TO PROVIDE TRUE VALUE AND PURPOSE. WHETHER IT'S A DEDICATION TO SUSTAINABILITY, ADAPTABILITY, EMOTIONAL CONNECTION, OR ANY OTHER VALUES, A BRAND NEEDS TO BE MORE THAN JUST A PRODUCT ON SHELVES. SHAWN NELSON, CEO AND FOUNDER, LOVESAC, FROM HIS BLOG ENTRY, “PROVIDING VALUE BEYOND PRODUCTS.” - Advertisement Now Incorporating VMail ProductWatch and VMail Technology SOFTWARE EYEDAPTIC LAUNCHES AI POWERED VISUAL ASSISTANT EYE6 WITH IVY FOR INDIVIDUALS WITH AMD Top Line: Vision-enhancement solutions provider Eyedaptic has unveiled the EYE6 with Ivy, the only wearable vision aid that both enhances vision and provides an artificial intelligence (AI) powered visual assistant.  Close Up: The EYE6 is the next generation of Eyedaptic’s smart glasses featuring Ivy, an interactive visual assistant to help and empower individuals with age-related macular degeneration (AMD) and other retinal disorders that cause vision loss.  “Our commitment to innovation is evident in Read more. SUNWEAR COLLECTION COLORS IN OPTICS UNVEILS FALL 2024 MEN’S SUN CAPSULE Quick Take: Colors in Optics launches its Fall 2024 men’s sunglasses capsule. Specifics: The five-piece capsule includes remastered vintage classics in Italian acetate and lightweight stainless steel. The launch is made up of preppy oversized Wooster; geometric navigator Mariner; flat rectangle Pierce; rounded Prince; and vintage square James. Selling Point: The Colors in Optics men’s sun capsule for Fall 2024 is stylish, adventurous and luxe. colorsinoptics.com Read more. FRAME COLLECTION L'AMY AMERICA DEBUTS NEW BEN SHERMAN MADE GREEN STYLES Quick Take: L’Amy America has added three new styles to its Ben Sherman ophthalmic collection. These Fall 2024 styles are crafted in sustainable materials including biodegradable acetate and recyclable stainless steel. Specifics: The three new optical models are Cornhill, Main and South. These styles offer rectangular and geometric silhouettes with on-trend details including sculptural bevels, cut down millwork and paddle-shaped temples featuring the signature Ben Sherman logo and Mod icon. Colorways include traditional black, Read more. To submit items for LaunchPad, email [email protected]. Advertisement - ROAD FATALITIES INCREASED DURING THE PANDEMIC, AAA REPORT FINDS A new study by the American Automobile Association’s Foundation for Traffic Safety revealed that the COVID-19 had a significant impact on travel safety in the Read more. - Advertisement NATIONAL VISION HOLDINGS, INC. REPORTS SECOND QUARTER 2024 REVENUE GROWTH BUT LOWERS FULL-YEAR FINANCIAL GUIDANCE AND LOOKS TO OPTIMIZE FLEET DULUTH, Ga.—National Vision Holdings, Inc. (NASDAQ: EYE), one of the largest optical retail companies in the U.S., has reported its financial results for the second quarter ended June 29, 2024. Net revenue increased 4.6 percent to $451.7 million compared with the second quarter of 2023, the company said, and for 2024 year-to-date, net revenue increased 4.2 percent to $934.5 million compared with the prior-year period. In both cases, the net revenue increase was primarily attributed to growth from new store sales and adjusted comparable store sales growth, partially offset by the effect of converted and closed stores, the company said. Read More REVIEW OF OPTOMETRIC BUSINESS: HIPAA BREACHES—WHAT, WHY, WHERE, HOW AND WHAT MUST I DO? Unlike a happy, carefree day at the beach with an umbrella drink, a breach of patient information is no fun and can be just short of a nightmare. Data from the Office of Civil Rights (OCR) states that in 2023 breaches in the health care sector occurred at the rate of 1.99 per day—and that is just reportable breaches. That is a 37 percent increase in 2023 compared to 2022. Doesn’t happen to optometrists? Just in the past 12 months, OCR data confirms reportable breaches in ten eyecare practices involving over 1.3 million patient records. This does not include the breaches associated with clearinghouses and electronic medical record systems. Fines from OCR for breaches can be staggering. Really bad news? The average cost to resolve a reportable breach in 2023 was $4.45 million. Read More - BOLD XXL WILL WELCOME 360 BRANDS, 147 EXHIBITORS FOR SEPTEMBER SHOW IN THE NETHERLANDS 'S-HERTOGENBOSCH, The Netherlands—Bold XXL, a leading optical trade fair in The Netherlands, is preparing for its September 2024 edition featuring 360 brands and 147 exhibitors, according to an announcement from show organizers. The show is scheduled for September 8 and 9 at the Brabanthallen in 's-Hertogenbosch. Read more.  
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