Supported by a strong advertising campaign, which offers a journey through time, Morel emphasizes its heritage and its know-how. The 1880 collection, which refers to the year in which Morel was founded, offers the Prosper concept, which revisits their origin.
Indeed, a nod to their first frames is made by the saddle bridge which underlines the unique character of this model, while meeting today’s standards.
Looking forward since 1880!
Distributed by Morel Canada: morel-france.com
The Board of Directors of EssilorLuxottica met on February 22, 2023 to approve the consolidated financial statements for the year ended December 31, 2022.
• Group’s sales at Euro 24.5 billion in FY 2022, up 13.9% vs 2021 in comparable
terms
• Adjusted operating margin at 16.8% in FY 2022, up 70bps vs pro forma FY 2021
• Group’s comparable-store sales up 7.7% in FY 2022, ex-GrandVision outperformed at +9.3%
• Investment in capex and M&A to strengthen the business model
• Free cash flow at Euro 2.26 billion in FY 2022
• Dividend proposed at Euro 3.23 per share, up 29% vs FY 2021
• Comparable revenue up 9.4% in Q4 2022, +3.9% at constant exchange rates
• Appointment of Jean-Luc Biamonti as lead director
Francesco Milleri, Chairman and CEO, and Paul du Saillant, Deputy CEO at EssilorLuxottica commented:
“From record sales of 24.5 billion to groundbreaking product innovations, EssilorLuxottica delivered on the promise of a strong, unified company in 2022. (…) Our thoughts today go to our employees and partners in Turkey, and all those impacted by the devastating earthquakes in Turkey and Syria.
In 2022, we strengthened our open, collaborative business model, while completing important acquisitions such as Walman in North America and Shamir in Israel and continuing to invest in quality eyecare and eyewear for the benefit of the entire market. (…)
In the face of ongoing macroeconomic uncertainties, we remained focused on our strategic levers: the vertical integration of our business, the embedding of big data in any corporate decision, our global footprint, and the deployment of our sustainability program Eyes on the Planet. In 2022, we also confirmed our long-term commitment to our mission by launching the largest vision care foundation in the world. All these key factors, combined with our nearly 200,000 talented employees, will enable us to achieve continued growth in the years ahead.”
At UNIfied, we design glasses to frame people’s true colours and help them display their individuality, encourage self-expression and, ultimately, celebrate their uniqueness. We believe in the power of the individual and in strength in numbers. It is by sharing ideas, experiences and creativity that we will be able to abolish borders and build a UNIted world. Montreal, a unique and colourful city, is the inspiration behind the Unified brand. Incorporating its nuances and vibes was paramount to the design of each model.
UNIfied…to see farther.
Featured model: DUMAS
Distributed by Lanctôt: www.rlanctot.com
EssilorLuxottica announced that it has renewed its licensing agreement with Target Corporation (Target), a Minneapolis-based retailer serving guests at nearly 2,000 stores across the U.S. and at Target.com, for the operation and management of Target Optical within Target stores. The multi-year agreement became effective on February 12, 2023.
Target Optical, one of the leading omnichannel optical retailers in the U.S., provides comprehensive eyecare services for more than 1.5 million Target guests each year. Target Optical offers eye exams delivered by trusted and experienced optometrists and a wide selection of prescription eyewear and sunglasses including Ray-Ban, Oakley, and Transitions.
Target Optical currently has more than 560 locations nationwide in addition to digital offerings at TargetOptical.com.
Source: EssilorLuxottica
Diabetic retinopathy and retinopathy of prematurity are eye diseases that occur when blood vessels grow uncontrollably and leak fluid and blood into the eye, causing vision loss. Inflammation can be a response to this damage and may make the eye disease worse.
Researchers from the Medical College of Georgia have published a study in the journal Cell Death and Disease, showing that a molecule called arginase 1 may interfere with the inflammatory response and reduce damage. Arginase 1 has been previously studied as a potential treatment for certain types of cancer. In this new study, researchers studied mice who had been fed a high-fat diet and developed a condition similar to diabetic retinopathy. When these mice were treated with arginase 1, the mice had less inflammation and exhibited healthier retinas with less leakage.
Currently, the standard treatment for diabetic retinopathy is injections into the eye of a drug called anti-VEGF which reduces blood vessel growth. These treatments can be very effective at slowing progression of the disease but can also be invasive. What is potentially exciting about arginase 1, is that it can be delivered by a less invasive method.
This is encouraging but still early-stage research. More work will have to be done in animal models before this potential treatment can be tested in humans in a clinical trial. We look forward to learning more as the research progresses.
Etnia Barcelona’s Cartoon Collection revives the magic of comics and translates it into the world of glasses, inviting the little ones to express their personality, creativity, and uniqueness through fun shapes and vibrant colours.
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Each year the American Academy of Optometry (AAO) recognizes distinguished individuals who have made countless important contributions to advancing the profession of optometry.
Read more
Etnia Barcelona’s Cartoon Collection revives the magic of comics and translates it into the world of glasses, inviting the little ones to express their personality, creativity, and uniqueness through fun shapes and vibrant colours.
Learn More Learn how to incorporate vision therapy into your clinic, from selecting equipment to training staff, ensuring comprehensive patient care and expanding your practice.
Read More As always, lool demonstrates its leadership in technology, offering a collection where luxury and details coexist with comfort, lightweight (8g), excellent flexible properties and high durability.
Read More Embrace children's unique styles in eyewear selection with a custom approach, ensuring confidence, comfort, and individuality in their first pair of eyeglasses.
Read More Each year the American Academy of Optometry (AAO) recognizes distinguished individuals who have made countless important contributions to advancing the profession of optometry.
Read More
Etnia Barcelona’s Cartoon Collection revives the magic of comics and translates it into the world of glasses, inviting the little ones to express their personality, creativity, and uniqueness through fun shapes and vibrant colours.
Learn More Learn how to incorporate vision therapy into your clinic, from selecting equipment to training staff, ensuring comprehensive patient care and expanding your practice.
Read more As always, lool demonstrates its leadership in technology, offering a collection where luxury and details coexist with comfort, lightweight (8g), excellent flexible properties and high durability.
Read more Embrace children's unique styles in eyewear selection with a custom approach, ensuring confidence, comfort, and individuality in their first pair of eyeglasses.
Read more Each year the American Academy of Optometry (AAO) recognizes distinguished individuals who have made countless important contributions to advancing the profession of optometry.
Read more Etnia Barcelona’s Cartoon Collection revives the magic of comics and translates it into the world of glasses, inviting the little ones to express their personality, creativity, and uniqueness through fun shapes and vibrant colours.
Learn More Learn how to incorporate vision therapy into your clinic, from selecting equipment to training staff, ensuring comprehensive patient care and expanding your practice.
Read more As always, lool demonstrates its leadership in technology, offering a collection where luxury and details coexist with comfort, lightweight (8g), excellent flexible properties and high durability.
Read more Embrace children's unique styles in eyewear selection with a custom approach, ensuring confidence, comfort, and individuality in their first pair of eyeglasses.
Read more Each year the American Academy of Optometry (AAO) recognizes distinguished individuals who have made countless important contributions to advancing the profession of optometry.
Read more