All EssilorLuxottica articles
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ArticleA Czech businessman makes an offer for EssilorLuxottica’s parent company
The Czech businessman Michal Strnad is offering €30 billion to buy Delfin, the holding company of the Del Vecchio family, which owns 32.4 percent of EssilorLuxottica as well as minority stakes in the key Italian insurance and banking groups Generali, UniCredit and Banca Monte dei Paschi di Siena. The daily ...
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ArticleEssilorLuxottica has strong, clear CEO succession plan, director says
EssilorLuxottica has a strong and clear succession plan for its Chief Executive Officer and other top management positions, said Andrea Zappia, the chairman of the company board’s nominations and compensation committee. Zappia’s comments came after Leonardo Maria Del Vecchio, one of the eight heirs of Luxottica’s founder Leonardo Del Vecchio ...
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ArticleEssilorLuxottica’s credit rating is upgraded by S&P Global
S&P Global Ratings has upgraded EssilorLuxottica’s long-term credit ratings with a stable outlook. The US rating agency upgraded the long-term issuer credit rating and issue rating on senior unsecured debt to ‘A+’ from ‘A’ and affirmed the ‘A-1’ short-term ratings on the Franco-Italian eyewear group and its commercial paper. ”The ...
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ArticleEssilorLuxottica revenues jump 9% but wearables momentum slows
EssilorLuxottica reported higher-than-expected revenues in the third quarter of 2026, with its top line jumping by 9.0 percent to €7,486 million, amid solid growth in its traditional business and slowing but a still strong sales performance for its wearables business. The company’s top line was comfortably above an analyst consensus ...
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News briefs
Essilor’s Stellest lenses are one of Time’s best inventions of 2026
Essilor announced that its Stellest lenses have been named as one of Time’s best inventions of 2026 in the Health & Wellness category. In September 2025, the US Food and Drug Administration granted De Novo market authorization to Essilor Stellest lenses in September 2025, making them the first and only ...
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ArticleTwo smart glasses makers take a frame-first approach
Most smart glasses on the market were designed by technology companies, naturally putting technology first and then looking for an acceptable form factor: frames that look like frames and don’t weigh too heavily on the nose. The largest players have recognized the limits of that approach and turned to the ...
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ArticleEssilux owner Delfin eyes possible shareholding, management changes
Delfin, the Del Vecchio family holding company that controls EssilorLuxottica with a 32.4 percent stake, could make changes to its shareholding structure and management as part of a new attempt to resolve a long-standing dispute between the heirs of Luxottica founder Leonardo Del Vecchio, according to Italian media reports. Delfin, ...
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ArticleNorway plans a ban on smart glasses in selected public places
The Norwegian Ministry of Digitalisation and Public Governance announced that the government plans to rapidly introduce a temporary ban on the use of smart glasses in specific public places before introducing permanent regulation on wearable technology. The ministry refers to the smart glasses as AI glasses (KI-briller in Norwegian). “I ...
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News briefs
EssilorLuxottica reportedly plans Italian eye clinics under the Essilor name
EssilorLuxottica is preparing to open ophthalmic clinics in Italy, starting with a pilot in Milan, Milano Finanza reported. According to the paper, the group has set up a new company, Essilor Eye Clinic, wholly owned by Luxottica Group, and is hiring ophthalmologists and nurses. Authorizations have reportedly been filed with ...
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News briefs
Hans Anders pulls Ray-Ban Meta glasses in the Netherlands and Belgium
Hans Anders, the optical chain owned by Nexeye, has indefinitely suspended in-store and online sales of Ray-Ban Meta smart glasses in the Netherlands and Belgium. A spokesperson confirmed the move on Oct. 1, after a report in Dutch daily Algemeen Dagblad (AD). The decision “follows the ongoing public and political ...
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ArticleNuance Audio’s challenger hits the US market with HOYA’s PENTAX as lens partner
The competition EssilorLuxottica’s Nuance Audio was set to face, as we reported last month, is now reaching the market. Boston-based startup Legato has made its Legato Frames hearing glasses available for purchase in the US, the first of the new entrants to move. The offer Legato Frames are over-the-counter hearing ...
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ArticleArmani to begin talks with Essilux, LVMH and L’Oreal on sale of 15% stake
Armani is preparing to begin talks with EssilorLuxottica, L’Oreal and LVMH on the sale of a 15 percent stake, following through on instructions laid out in his will by Giorgio Armani, according to media reports. Armani, who died in September 2025 at the age of 91, stipulated in his will ...
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ArticleMeta and EssilorLuxottica move to occupy every corner of the AI glasses market
Meta Connect 2026 was, by Mark Zuckerberg’s own framing, an event about Muse, the company’s personal AI agent, and the broader reversal it represents: after building glasses on the assumption that the metaverse would arrive first and AI superintelligence later, Meta now puts AI functionality first. For our purposes, though, ...
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News briefs
Del Vecchio heir sees ‘genuine dialogue’ among shareholders in Essilux owner
Leonardo Maria del Vecchio, one of the eight heirs of Leonardo Del Vecchio, pointed to the first signs of “genuine dialogue” among the shareholders in the Del Vecchio family holding company Delfin, as they seek to solve a long-standing impasse over the Luxottica founder’s inheritance. Delfin controls EssilorLuxottica with a ...
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ArticleEssilux upgrades Nuance after a challenging Gen 1 launch, as rivals begin to emerge
EssilorLuxottica has started rolling out Nuance Audio Plus, the next generation of its open-ear hearing glasses for adults with perceived mild to moderate hearing loss, in selected countries, notably France and Spain. The upgrade The new generation builds on the original Nuance Audio Glasses, adding advances in amplification, AI-driven speech-in-noise ...
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News briefs
Smart glasses growth slows to 35 percent in Q2 as Meta lead widens, report says
Global XR headset and glasses shipments grew 35.3 percent year over year in the second quarter, research company IDC said, down sharply from 130.2 percent growth the prior quarter. IDC attributes the deceleration to tougher year-earlier comparisons and a pause between product cycles. The company also mentions the privacy backlash ...
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ArticleMeta reportedly dropping camera in new AI glasses line: the whys and the why nots
A leak reported by US online media The Information this week suggests Meta is developing a camera-free pair of smart glasses, internally codenamed “Luna,” which could ship as soon as October. Neither Meta nor its manufacturing and commercial partner EssilorLuxottica has commented, and the timing, motive, and scope of the ...
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News briefs
Essilux board rallies around Milleri amid Del Vecchio dispute
EssilorLuxottica issued yesterday an unusually brief statement in which every word counts, so we are running it in full: “With reference to recent press reports and public statements, the EssilorLuxottica Board of Directors reaffirms unanimously its full confidence in Chairman and Chief Executive Officer Francesco Milleri, Deputy Chief Executive Officer ...
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ArticleDel Vecchio heir calls for a change of strategy at Essilux
Leonardo Maria del Vecchio, one of the eight heirs of Luxottica founder Leonardo Del Vecchio, called for a change of strategy at EssilorLuxottica, in which the Del Vecchio family holding company Delfin is the largest shareholder with a 32.4 percent stake, noting that value of the eyewear giant’s stock has ...
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News briefs
Meta tightens AI glasses' privacy LED as venue bans multiply
Meta VP of AR Alex Himel announced on Threads last week that Meta is closing a known loophole in its AI glasses’ privacy system. Previously, the capture LED only blocked recording if covered before it started; users could begin filming, then cover the light to keep recording covertly. Himel said ...
