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Opchat Magazine Industry NewsIndustry News, April to June 2019




#MAKE THE WORLD BETTER: OKIA goes greener with dedicated website and new sustainable materials
Mondottica International announces senior management changes
No7 & CooperVision Extend Working Partnership
Ocuco announced as one of Ireland’s Best Managed Companies!
Alcon and Novartis complete split
Read Industry News published between January and March 2019

#MAKE THE WORLD BETTER: OKIA goes greener with dedicated website and new sustainable materials

June 2019

Okia BD8OKIA - the Hong Kong-based eyewear company recognized worldwide for its patented HDA® Technology – keeps up its effort to build a more sustainable future of the eyewear industry.

In order to increase customers’ sensitivity to nature and collect attention towards eco-friendly products, OKIA recently launched the www.sustainability.okia.com website, dedicated entirely to its green solutions.

Properties and advantages of each sustainable product by OKIA are illustrated there in detail using all-new graphics and in combination with facts and figures about worldwide pollution and interesting tips about how to try to make the world better and to save the environment.

Besides the green products Reshape and Bio Lens that were launched at Mido, this fresh, eye-catching website showcases two new sustainable materials developed by OKIA: “BD8 – Bio Plastics” and “Bio Polybag”.

“BD8 – Bio Plastics” is a 100% bio-degradable plastics which can be naturally broken into carbon, water and bio mass. In a world where approximately 8 million pieces of plastic pollution find their way into the oceans every day, “BD8 – Bio Plastics” offers an eco-friendly solution: millions or even billions of eyewear and other products can be made of a bio-degradable plastics which can be absorbed by the organisms and enrich the soil on decomposition. “BD8 – Bio Plastics” is lightweight, durable, crystal clear, hypoallergenic and good for any colors, designs or patterns.

One of the BD8 products is “Bio Polybag”, a bio-degradable plastic eyewear bag which can be naturally broken down in 5 years. With a high tensile and impact strength, this crystal clear product comes as the best alternative to oxo-degradable plastic eyewear bags, as it can completely biodegrade into carbon, water and bio mass without leaving any plastic fragments behind.

“Consumers are increasingly seeking more nature-friendly products, and looking to brands to demonstrate their sustainability credentials”, comments Jacky Lam, Managing Director at OKIA. “Millennials are increasing their spending on green products, so we need and - above all - want to help the planet through our innovations and spread the word as much as possible. Over the past 50 years, world plastic production has doubled: if we don’t find any alternatives now, the eco-system will be heavily damaged with irreparable consequences.”

Mondottica International announces senior management changes

June 2019

Mondottica 
Mondottica’s Founder and CEO Michael Jardine is pleased to announce the following management changes. The purpose of the appointments is to strengthen the senior management team whilst accelerating the Group’s steady growth and seamless integration of its divisions at a global level.

Anthony Pessok – Chief Commercial Officer (CCO)
Tony comes to us from his longstanding role as Managing Director for EMEA at Perry Ellis International (PEI), a multifaceted global brand owner and operator. Previously, Tony has owned and operated successful fashion enterprises in the UK and overseas. He is British and London based.

Paul Sultan – Chief Finance and Operations Officer (CFO/COO)
Paul also comes to us from Perry Ellis International, where he held the same role as CFO/COO for three and a half years. For more than 20 years previously he held similar positions with the Calvin Klein divisions of Warnaco in the U.S., Latin America and Europe. Paul is American and London based.

Allan Rasmussen – Chief Product Officer (CPO)
Allan has worked closely with the Group in consulting capacity for more than a year and now completes the C suite with oversight of all aspects from creative design teams in the UK and France through product development teams in Hong Kong. Previously he was head of Design and Product Development for the Danish eyewear company Pro Design. Allan is Danish and London based.

Drew Oppermann – President Americas
Drew is an industry veteran with longstanding positions with Viva and Adlens. He will oversee all aspects of the US, Canada and Latin America business. Drew is American and New York based.

“This is a period of key strategic appointments for Mondottica, and it gives me great pleasure to announce this new framework for the Group management team” says Michael Jardine. “I am excited to welcome on board new team members that will contribute to the development of the company and prepare it for its next steps”.

No7 & CooperVision Extend Working Partnership

May 2019

No7 and CooperVision Specialty EyeCare are pleased to announce the expansion of their relationship in the UK with the continuation of No7 with the EyeDream lens from Procornea and the One Fit lens from Blanchard. Both parties will work together to bring specialty contact lenses to the UK market.

No7 Contact Lenses have 15 years of experience with EyeDream OrthoK lenses and have developed a network of successful practices through a commitment to training and supporting practitioners with their marketing needs.

“No7 have an excellent reputation in the UK for their range of specialty lenses and have been successful with the Procornea Ortho-K for many years. We are delighted to be able to add the One Fit lens from our Blanchard business to their portfolio to bring this innovative scleral lens to the UK market as a key offering for keratoconus and other irregular cornea patients” commented Stuart Cockerill, Head of Commercial Operations, CooperVision Specialty EyeCare.

Ashley Pepper, Manging Director of No7 Contact Lenses said “We are delighted to announce that we are extending our partnership with Coopervision Speciality Eyecare to include the One Fit Mini Scleral lens. We believe the One Fit Lens will be an important addition to our manufacturing and specialist lens portfolio and together with the expertise of Coopervision, will form part of our joint commitment to bring patients with the most complex corneas the latest designs and the very best options”.

Ocuco announced as one of Ireland’s Best Managed Companies!

April 2019

Company receives award for second time

Ocuco has been named as one of Ireland’s Best Managed companies in the Deloitte Best Managed Companies Awards programme, in association with Bank of Ireland. The company, which demonstrated superior business performance for the second year, was recognised at a gala awards dinner in Dublin on 1 March 2019.

This year, 12 new companies join a network of 136 companies that were awarded the status of Best Managed. The Best Managed Companies network this year has total revenues of almost €11 billion, export sales of almost €3 billion and total employment of approximately 44,000 people.

Leo Macanna at Ocuco
Commenting on the award, Leo MacCanna, CEO, Company Ocuco said: “The Best Managed Companies is an excellent opportunity to continuously audit, examine and test our strategy, management systems and team within a formal framework provided by Deloitte. I have to give all of the credit yet again to our management team for entering and running this process successfully from start to finish.”

Anya Cummins, Partner, Deloitte said: “Well done to all of the winning companies on their achievement. The Best Managed Companies process is a rigorous one, examining every facet of an organisation, and the bar is set high by our judging panel. As ever, the spread of companies, right around the country and across a number of industries, underlines the importance of Irish and Northern Irish companies to the economy and in the midst of economic uncertainty, technology disruption, an open competitive market and full employment, the continued strong performance of these businesses is admirable. In the current environment, it is important for this contribution to be recognised, supported and showcased.”




Tom Hayes, Chief Executive, Bank of Ireland Corporate Banking said: “It’s a challenging time for businesses in general, with the operating environment consistently and rapidly changing, due to technological developments, new ways of doing things, and challenges on the macroeconomic horizon. The Best Managed Companies this year have demonstrated that they can optimise each area of their business while always operating with an acute awareness of their environment, recognising the opportunities of expansion into global markets, in addition to strategic alliances and partnerships. I look forward to their continued growth.”

This year’s judging panel members were Frank Ryan, Chair of the Judging Panel; Brendan Jennings, CEO, Deloitte Ireland; Tom Hayes, Chief Executive, Bank of Ireland Corporate Banking; Siobhan McAleer, Commercial Director at the IMI; Rose Hynes, Chairman of the Shannon Group Board and Origin Enterprises; and Feargal Mooney, former Chief Executive Officer of HostelWorld.

Alcon and Novartis complete split

April 2019

Medical devices company Alcon has completed its separation from Novartis under the new strap line ‘See Brilliantly’.

Shares began trading on 9 April 2019 on the SIX Swiss Exchange and New York Stock Exchange (NYSE) under the symbol “ALC.”

Meanwhile Novartis continues to ‘reimagine itself’ as pharmaceutical company powered by medicines, data science and advanced therapy platforms.

The Alcon spin-off will allow it to focus its capital and management on medicines giving it a financial profile closer to pharmaceutical industry norms.

 
 
 
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