All EssilorLuxottica articles – Page 3
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ArticleRevamp at Essilux owner Delfin hits snag
A plan for Leonardo Maria Del Vecchio to become the largest shareholder in the Del Vecchio family holding company Delfin that controls EssilorLuxottica is up in the air, after banks financing the €10 billion deal sought new guarantees from Delfin itself. Leonardo Maria wrote in an open letter published on ...
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ArticleEssilux and Applied Materials partner on R&D to tackle the AR glasses display conundrum
EssilorLuxottica has announced a joint development agreement with Applied Materials, a global leader in materials engineering, in the wearable technology domain. The objective of the partnership is “to develop lightweight, high-performance optical systems critical to scalable AR experiences.” While EssilorLuxottica’s R&D programs for this product category have so far been ...
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ArticleQualcomm invests $10 million in Inspecs, launches smart eyewear turnkey program
Qualcomm Technologies, the global leader in wireless chipsets for electronics, is investing $10 million in Inspecs, the UK-based eyewear group, announced yesterday. We estimate that the investment, which is being made through the purchase of newly issued ordinary shares, will give Qualcomm a 6–7 percent stake in Inspecs. The proceeds ...
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Meta reportedly rolls out and then rolls back facial recognition code to AI glasses app
Wired, a technology news website, reported on June 4, 2026, that Meta had “quietly” embedded facial recognition code—internally called “NameTag”—into its Meta AI companion app, which is essential for Ray-Ban and Oakley smart glasses to function. However, the code was not activated making it impossible to turn on the function. ...
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ArticleEssilux brings some wearables production to Italy with R&D synergies and supply chain risks in mind
EssilorLuxottica will start producing some wearables at its Agordo plant in Veneto, Italy, by early 2027, the group and a coordination of three trade unions (Filctem CGIL, Femca CISL, Uiltec UIL) announced earlier this week. While most of the production of such products, including the AI and AR glasses developed ...
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ArticleKrys adds Even Realities G2 to its growing smart eyewear stable
Krys Group, France’s top optical retailer, has become the first national chain to carry the Even Realities G2 display glasses. This will be its third proposition in smart eyewear, after the Meta models (Ray-Ban and Oakley) and its own private-label model. According to its announcement of June 4, Krys will ...
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ArticleShareholders in Essilux owner Delfin reach settlement
Leonardo Maria Del Vecchio and Rocco Basilico, two of the eight heirs of Luxottica founder Leonardo Dal Vecchio have reached a provisional settlement to end their legal disputes over a change in the ownership structure of Delfin, which controls EssilorLuxottica with a 32.4 percent stake, according to media reports. Essilux ...
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![Oakley Meta Vanguard - Garmin Cycling[53]](https://dhihzlqjusqkh.cloudfront.net/Pictures/100x67/7/6/9/58769_oakleymetavanguardgarmincycling53_652173.jpg)
ArticleSports eyewear panorama: RX and tech as the new growth drivers
While the conventional sunglasses market is still struggling to recover its pre-Covid volumes, the sports eyewear segment is showing outstanding health, with annual growth exceeding 10 percent. Once considered a purely technical niche, this market has evolved into a major macro-economic battlefield where two distribution models clash: the high volume ...
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Meta reportedly preparing smart eyewear subscription for businesses
According to a report by The Information citing a leaked internal memo, Meta plans to release four new smart glasses models by year-end, potentially including a Ray-Ban Meta update. The company is also preparing “Wearables for Work,” a subscription-based enterprise offering. EssilorLuxottica CEO Francesco Milleri had earlier hinted at a ...
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Nikon president offers prudent reply to EssilorLuxottica question
Asked by Nikkei Shinbun about EssilorLuxottica’s growing stake, Nikon President Yasuhiro Omura largely echoed the Italo-French group’s official stance: “As Essilor has publicly stated, it is a long-term pure investment and we are not in a position to answer this question.” He nevertheless highlighted potential synergies: “There are optical challenges ...
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ArticleIntermestic Q1 boosted by Megane Super consolidation, margins contract as expected
Intermestic, the parent company of Japanese retailer Zoff, reported last week its first quarterly results including the integration of Megane Super, the multi-brand optical retailer it acquired in September last year. As expected, the new perimeter drove a strong topline increase but weighed on profitability. Total group revenue rose 80.7 ...
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ArticleGoogle offers a first glimpse of 'intelligent eyewear,' leaving plenty of questions unanswered
Google and Samsung revealed only a little about their upcoming smart glasses, or rather “intelligent eyewear” per their own terminology, at yesterday’s Google I/O keynote presentation in Mountain View, California, as the focus was on agentic AI and Gemini upgrades across Google’s platforms. Shahram Izadi, Vice President and General Manager ...
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ArticleNational Vision sees ‘flat to modest’ Q2 growth as maintains full-year outlook
National Vision said it expects to see “flat to modest” growth in the second quarter of its fiscal year amid temporary bumps associated with the launch of a new website for its America’s Best banner. The company has maintained its full-year sales and earnings guidance as comparable sales growth is ...
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ArticleEssilorLuxottica integrates vision care and medtech at ARVO
EssilorLuxottica said it presented for the first time a “fully integrated vision care and med-tech ecosystem” at the annual meeting of the Association for Research in Vision and Ophthalmology (ARVO) in Denver, US, last week. “This integrated model brings together myopia management and vision science, advanced diagnostics, AI-driven analytics and ...
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Armani considering sale of 5% stakes to Essilux, LVMH and L’Oréal
The Italian fashion house Giorgio Armani SpA is considering selling 5 percent stakes each to EssilorLuxottica, LVMH and L’Oréal, according to a report in the Italian daily La Repubblica. That would be broadly in line with the instructions left in his will by Giorgio Armani, who died in September, to ...
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SightGlass Vision claims DOT lenses cut myopia progression by over 1D in young children
SightGlass Vision, the EssilorLucottica-CooperVision joint venture, presented updated results from its clinical trial of DOT spectacle lenses at the recent annual meeting of the Association for Research in Vision and Ophthalmology (ARVO) in Denver, US; the research was conducted over 24 months with a population of children aged 6 to ...
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Lenskart takes aim at Ray‑Ban Meta in India with cheaper AI glasses.
Lenskart is launching B by Lenskart, its private‑label AI‑glasses platform, in India, its home market. The glasses come equipped with a Snapdragon AR1 Gen 1 chipset, a 12 MP camera, open‑ear speakers and microphones, and run Google Gemini 2.5 Live as the built‑in AI assistant. They weigh 45 grams, and ...
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EssilorLuxottica inaugurates new R&D center in Thailand
EssilorLuxottica has opened a new 5,000 square-meter research-and-development center in Bangkok, Thailand. The new facility will focus on new technologies and processes in the areas of smart eyewear, myopia management lenses, and sustainable production, the group’s management told local media. The company already operates four industrial sites in Thailand, including ...
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News briefs
Meta Reality Labs down 2% in Q1, Manus setback raises questions
Meta Reality Labs revenue fell 2.4 percent year over year to $402 million in Q1, after a double-digit drop last quarter. Lower Quest headset sales were offset by robust AI glasses growth, with daily wearers tripling year over year—Mark Zuckerberg called it one of the fastest-growing consumer electronics categories ever. ...
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ArticleEssilorLuxottica management confident in stock market rebound
Opening EssilorLuxottica’s annual shareholder meeting in Paris, Chairman and CEO Francesco Milleri started by stressing the group’s achievements over the past year and the ongoing profound transformation of its business from vision correction to medtech: “We aim to lead in preventive medicine, transforming vision care into a gateway for healthier ...
