Blog

September 28, 2016April 24, 2018

The Cooper Companies Joins Standard & Poor’s 500 Index

PLEASANTON, CALIF. — CooperVision, Inc. announced that its parent company—The Cooper Companies (NYSE:COO)—was added to the regarded Standard & Poor’s 500 Index after the close of the U.S. markets Thursday. The company, which is part of the health care sector of the index, joins well-known companies including Apple, Google, P&G and others.

“This is a great accomplishment for The Cooper Companies and for CooperVision as we play an integral role in the organization’s collective success,” said Dan McBride, executive vice president, chief operating officer of The Cooper Companies and president of CooperVision. “Being named to the S&P 500 Index recognizes our performance in the health care sector. This achievement is a testament to the continued growth of the company and the dedication of our employees.”

As part of the S&P 500, The Cooper Companies becomes one of only 500 publicly traded U.S. companies that serves as a benchmark for the overall health of the stock market and the U.S. economy. The S&P 500 Index is recognized as an important listing of publicly traded companies and is acknowledged and relied upon by investors globally.

September 28, 2016April 24, 2018

Essilor Launches Plan to Enable 50% of Employees to Become Shareholders

(Charenton-le-Pont, France) – Essilor International’s Board of Directors has approved an ambitious plan to promote employee shareholding, with the long-term objective to see 50% of employees worldwide become shareholders of the company.
Essilor is today launching an international plan to promote and expand employee shareholding around the world, in order to consolidate and further develop its employees’ involvement in the Group’s growth and success. Through the plan, Essilor aims to allow 50% of its employees to own shares in the company, compared to 20% currently.

This ambition to grow and further strengthen the Group’s shareholding culture extends to every country in which Essilor operates and all employees, regardless of their job status.

Employee shareholding is one of Essilor’s core principles, a pillar of its success and key to its sustainability. Employees have always been Essilor’s largest shareholder, and currently own more than 8% of its share capital. Three directors representing employee shareholders currently sit on Essilor’s Board of Directors. The company is also committed to enhancing the financial knowledge of all its employees, regardless of their position in the company or their geographical location.

A majority of Essilor’s employee shareholders are members of Valoptec Association which contributes to the Group’s long term growth, participates in its governance and supports its values and mission. Valoptec Association members meet every year for a vote of confidence on Essilor’s strategy and human resource policy.

To read full press release, click HERE.

September 27, 2016April 24, 2018

NIKON: The World Leader in Lens Coating Technology

SeeCoat Bright: The Coating Revolution

Constantly pushing innovation to a higher level, Nikon introduces a new, proprietary and innovative coating like no other: SeeCoat Bright. SeeCoat Bright is a functional coating that delivers brighter, more vivid colour perception in dim light conditions and improves contrast for wearers who experience reduced light transmission.

Colour transmission changes according to the intensity of light. Under dim lighting, the eye’s perception of the red colour spectrum diminishes. As a result, colours may appear dull. This loss of colour sensitivity in dim lighting becomes even more notable after the age of 40 as the crystalline lens ages. SeeCoat Bright is the one and only solution to this phenomenon. SeeCoat Bright supplements the transmission of red wavelengths, resulting in more natural colour perception and increased contrast.

SeeCoat Blue Premium: The Next Evolution

Adding to its list of innovations, Nikon also presents SeeCoat Blue Premium, an enhanced version of SeeCoat Blue UV that reflects and absorbs blue light. SeeCoat Blue Premium improves blue light cut by 11%, resulting in less eye strain and visual fatigue, as well as better contrast perception. It reduces glare on the lenses by 25%, resulting in only a very subtle hue on the lenses. Furthermore, ghost images are reduced by 64%, providing natural and comfortable vision. SeeCoat Blue Premium can be applied on any type of lens – even those intended for daily use.

Complete Protection

SeeCoat Bright and SeeCoat Blue Premium boast all the properties of Nikon’s premium SeeCoat line: anti-static, oleophobic, scratch resistance and anti-glare not to mention full UV protection to safeguard both lenses and eyes from the harmful effects of UV rays.

To read complete press release, click HERE.

September 27, 2016April 24, 2018

Transitions Optical Continues Transitions Innovation Awards Program

LAS VEGAS – Industry professionals can begin submitting nominations for the 2016 Transitions Innovation Awards Program on October 1. Through the program, Transitions Optical, Inc. recognizes loyal partners and individual optical industry professionals from the U.S. and Canada for their commitment to growing their businesses by supporting the Transitions^® brand over the past year.

Open to independent eye care professionals and practices; optical industry professionals and educators; national and regional retailers; and optical laboratories, the five Transitions Innovation Awards categories include:

2016 Transitions Brand Ambassador (Individual-only award)
Best in Growth Achievement
Best in Training
Best in Marketing
Best in Patient Experience

Nominations for all Transitions Innovation Awards will be accepted online (at TransitionsCanadaPRO.ca/Awards) from October 1 – 31, 2016. To enter, candidates must complete a nomination form and detail their 2016 efforts in the following evaluation areas: commitment and inspiration, goals, plan and creativity, and impact and results. Nominees are welcome to enter more than one category and can self-enter, or can be nominated by a lab, lens manufacturer, industry colleague or other industry organization representative.

All finalists in each category will receive a trip for two to the 2017 Transitions Academy, January 29 – February 1, 2017 in Orlando, Fla., where the winners will be announced. Award finalists will be notified no later than December 5, 2016 to secure travel plans.

For more information: TransitionsCanadaPRO.ca/Awards.

Click HERE to read full press release.

September 27, 2016April 24, 2018

Modern Optical Announces Passing of Yale F. Weissman

Roselle, IL – With great sadness, Modern Optical International announces the passing of its beloved Co-Founder and Chairman, Yale F. Weissman on September 18, 2016.

Yale was a dedicated family man whose entrepreneurial spirit and charm was well known in the optical industry. Born in Chicago in 1939, Yale honed his sales skills in his early years in various professions as he discovered an innate ability to authentically connect with people from all walks of life. He was introduced to the optical industry in the early 1970’s, and in 1974, Yale co-founded Modern Optical with then-partner Donald Ellefsen. With Yale leading the sales team, they built the company’s foundation in the value-oriented eyewear niche. Yale’s son Kenneth joined the company in 1991, and later became the company President while Yale transitioned to the role of Chairman. Together, the father-son team furthered Modern Optical’s presence in the optical industry expanding the sales force coast to coast and internationally. Throughout the company’s 42-year history, Modern Optical has remained true to its founding principles of providing quality, affordable eyewear while delivering the absolute best customer service.

Ken Weissman, President of Modern Optical International, reflects, “Our Modern Family is forever grateful for my father’s strong leadership, vision, and passion to create a company with purpose and integrity. Thank you to everyone for your compassion and support as we honor this remarkable man and his legacy we call Modern Optical. We will miss him dearly.”