All EssilorLuxottica articles – Page 2
-
News briefs
EssilorLuxottica launches new share buyback program
EssilorLuxottica announced on August 28, 2026 the launch of a share buyback program to purchase up to 5,000,000 shares depending on market conditions, starting the same day. The 5,000,000-share cap represents roughly 1.1 percent of the current share count. This is the group’s second such program in 2026, after a ...
-
ArticleDel Vecchio heir steps down from Essilux management positions
Leonardo Maria del Vecchio, one of the eight heirs of Luxottica founder Leonardo del Vecchio, is stepping down from the management positions he holds at EssilorLuxottica, namely Chief Strategy Office and President of the Ray-Ban brand, the company confirmed. Leonardo Maria had been the only Del Vecchio heir holding a ...
-
News briefs
SightGlass Vision myopia control lens tops 2 million wearers
SightGlass Vision, the joint venture between CooperVision and Essilor International, said on August 24 that two million children worldwide have now worn its DOT (Diffusion Optics Technology) spectacle lenses, up from one million in August 2025. The lenses first launched in 2021. DOT lenses are commercially available in Canada, China, ...
-
ArticleNational Vision leans further into premiumization as top-line growth cools
National Vision Holdings reported second-quarter net revenue of $498.8 million, up 2.5 percent year-on-year, extending a deceleration in top-line growth that has now run for three consecutive quarters: from 15 percent in the fourth quarter of fiscal 2025 to 6.6 percent in the first quarter and now 2.5 percent in ...
-
ArticleLenskart's profit triples as India and international both post double-digit growth in Q1
Lenskart’s first quarter of fiscal 2026-27 (April-June) delivered broad-based growth across its business, alongside a marked step-up in profitability. Consolidated revenue from operations rose 33.6 percent year on year to INR 2,714 crore (€241.7 million), with India up 30.7 percent to INR 1,531 crore (€136.3 million) and International up 38.0 ...
-
News briefsGerman digital-rights group takes on the smart-glasses supply chain
HateAid, the Berlin digital-rights group, has filed a criminal complaint against the management of Meta, the brands Ray-Ban and Oakley (both EssilorLuxottica units), and four retailers: Fielmann, Apollo-Optik (also part of EssilorLuxottica), Mister Spex and MediaMarkt. Filed Aug. 12 with Frankfurt’s cybercrime unit, ZIT, the complaint targets the Ray-Ban Meta ...
-
ArticleZEISS bets on eye-tracking as smart glasses learn to look inward too
ZEISS Ventures has led a €2.2 million investment round in SeeTrue Technologies, a Finnish tech company developing miniaturized eye-tracking technology, the group announced on August 5. Superhero Capital and North Karelia Growth Fund also participated, alongside other investors. The funding is aimed at accelerating the commercialization of SeeTrue’s low-power eye-sensing ...
-
ArticleAI glasses drive Meta’s Reality Labs revenue growth as unit losses widen
Meta’s Reality Labs revenue grew 16 percent year over year to $431 million in Q2, though the quarter-on-quarter increase from $402 million was comparatively modest, at 7 percent. Meta’s own “Meta Glasses” line, made with EssilorLuxottica, only launched in the final days of June, so it is barely reflected in ...
-
ArticleEssilorLuxottica reverses margin slide in H1 as wearables mature and medtech ambitions widen
EssilorLuxottica delivered a second straight half of double-digit revenue growth while reversing the profitability slide that had unsettled investors through 2025, as the rising weight of wearables in the sales mix began to pay off rather than dilute margins. Group revenue reached €7,692 million in the second quarter, up 8.7 ...
-
News briefs
Apple reportedly pushes smart glasses launch to late 2027
Apple’s first smart glasses, codenamed N50, will be unveiled at the group’s Worldwide Developers Conference in June 2027 rather than late 2026 as previously planned, with consumer release now expected by the end of 2027, according to Bloomberg. The delay reflects both engineering refinements and the challenge of shaping the ...
-
ArticleSamsung’s new AI glasses: same silhouette, same guts, still no price tag
Samsung used its Galaxy Unpacked event in London on July 22 to give its clearest look yet at two AI glasses models developed with eyewear brands Gentle Monster and Warby Parker, neither of which received a standalone product name. The Gentle Monster edition is a slim black frame with a ...
-
News briefsEssilorLuxottica reportedly picks up French struggling XR headset maker
Reports from Road to VR and Germany’s Heise Online indicate that EssilorLuxottica may have acquired Lynx, the Paris-based mixed-reality headset startup, though the deal has not been officially confirmed. Founded in 2019, Lynx built standalone mixed-reality headsets combining VR immersion with color passthrough, pitching itself as a European alternative to ...
-
ArticleDelfin considering asset spinoff, shareholding pact for controlling Essilux stake
Delfin, the Del Vecchio family holding company that controls EssilorLuxottica with a 32.4 percent stake, is considering a spinoff of its assets among other possible solutions to an impasse between the heirs of Luxottica founder Leonardo Del Vecchio, according to a report in Il Sole 24 Ore. According to the ...
-
News briefs
EU eases battery rules for smart glasses, other wearables
The European Commission adopted a delegated act on July 14 exempting smart glasses and other wearable devices from EU rules requiring user-removable batteries. Under the Batteries Regulation, portable batteries must generally be removable and replaceable by consumers — but the new rules add six product categories to the existing exemption ...
-
ArticleMeta (expectedly) adds paywall to smart glasses function
Meta has updated the support documentation for its Ray-Ban Meta and Oakley Meta smart glasses to cap free use of Conversation Focus — a tool that amplifies the voice of whoever is speaking to the wearer — at three hours per month, The Verge and other news outlets have reported. ...
-
ArticleEssilorLuxottica advances medtech roadmap in the US with first LensCrafters Vision & Eye Health
CenterLensCrafters, the EssilorLuxottica-owned optical retail chain, opened its first Vision & Eye Health Center on June 30 in Exton, Pennsylvania, marking the LensCrafters brand’s entry into in-house surgical care in the US. The Exton location offers comprehensive eye health evaluations alongside many surgical options, including implantable collamer lenses, refractive lens ...
-
ArticleEssilux owner Delfin approves financial statements as impasse over revamp continues
Shareholders of the Del Vecchio family holding company Delfin, the controlling shareholder of EssilorLuxottica, approved 2025 financial statements in a meeting on June 30, but a deadlock over a planned reorganization to overhaul the ownership structure of the holding company moved no closer to being resolved as a clash between ...
-
ArticleEyewear companies’ stock prices flat in Q2
The stock prices of the 25 listed eyewear companies composing our quarterly chart were essentially unchanged on a non-weighted average basis in Q2 2026, edging down a slight 0.5 percent. The result marks a striking contrast with the double-digit gains posted by most major stock indices over the same period, ...
-
News briefs
Prada and Gentle Monster partner on capsule collection
Prada is partnering with South Korean brand Gentle Monster on a capsule collection of three titanium frames launching next month in Japan and South Korea, and later this summer in China. Limited in scale and geography, the initiative appears to be a one-off marketing operation aimed at a niche consumer ...
-
ArticleMeta puts its own name on its AI glasses
Meta launched its first self-branded AI glasses on Tuesday with EssilorLuxottica as manufacturing partner, a narrower role than the co-branding arrangement behind Ray-Ban Meta. The new line, simply called Meta Glasses, comes in three frame styles (the rectangular Adventurer, the boxier Fury and the Starfire, a slim oval design created ...
