Vision Monday September 7, 2012 - Vision Expo West Daily Day 2 : Page 1

LAS FRIDA VEGAS A Celebrity Favorite! Y SHOW DAILY PUBLISHED BY IN COOPERA TION WITH INTERNA TIONAL VISION EXPO SEPTEMBER 7, 2012 Corporate ODs Focus on Buying Trends, Customers LAS VEGAS—The Alcon-sponsored Corporate Optometry Reports (COR) Meeting held here on Wednesday presented a very encouraging picture for the eyecare and eyewear market. Moderated by Dwight Akerman, OD, FAAO, director, profession-al affairs and programs, Alcon, the presentation began as it tra-ditionally has with an “Overview of the U.S. Optical Market” by Marge Axelrad, senior vice president/editorial director of Vision “For the first time in a long time there were positive percentage gains in every category in the vision care marketplace.” Overall industry sales, including plano sunglasses, amounted to approxi-mately $34 billion. Frames were up 3.4 percent, lenses were up 7.8 percent, contact lenses (“one of the most robust categories”) were up 11.3 percent (“attribut-ed to new markets and new designs”), sunglasses were up 18.2 percent, readers were up 2 percent, Monday . Reviewing exams were up 3.2 The Vision Coun-percent, and refrac-cil’s mid-year Vision-tive surgery spiked Watch statistics for by 14.7 percent. the 12 months end-Keynote speaker, Megan Following previ-ing June, she said, Petrini, Zappos.com, Inc. ous sales with statis-Continued on page 81 Stage Is Set for Another Energetic Expo LAS VEGAS—Vision Expo West opened its doors here yesterday welcoming the optical industry with some impressive stats: nearly 475 exhibitors, including 75 fi rst-time entrants, stood ready to showcase nearly 5,000 brands and offer more than 575 show specials to attend-ees. After months of preparation, the stage was set for unveiling new products and technologies as exhibi-tors and associations played host to dozens of industry gatherings. “Vision Expo continues to be the destination for all things eyewear and eyecare related,” said Tom Loughran, vice president for Reed Exhibitions. “Yesterday our exhibit hall doors opened to reveal hundreds of new products and technologies and a record number of show specials from exhibitors. The energy felt on the show fl oor carried well into the evening at networking events hosted by our professional partners. The stage has been set for another robust event.” ■ How Is the Economy Aff ecting Your Practice? Jessica Reiniger, OD Drs. Cohen and Reiniger, P .C. Reading, Pa. “Being in a private practice, we’re a bit more recession-proof. People come to us not because we’re the cheapest but because they get good quali-ty care. We just embarked ambitiously on a higher end line, and it’s been going very well, so I think you can say things are improving.” Allen Wong, OD Focused Vision Care, LLC Las Vegas, Nev. “From what I’ve seen, insur-ance is a big issue. Many are losing their insurance so they’re not buying as much. The biggest trend I’ve seen in the last few years is more online sales. I’m here to learn about practice management, and how we can improve our revenue the right way.” Optical Pioneers Hall of Fame The 13th Annual Optical Pioneers Hall of Fame banquet—featur-ing the Directors’ Choice Award Recipient and Hall of Fame Hon-orees—was held here Wednesday night at The Venetian Resort-Hotel-Casino. The banquet brought together optical industry professionals—new and veteran—to celebrate the rich heritage of this strong and diverse industry. Turn to Page 42 for photo coverage of the festivities and a full list of the honorees. ■

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