All EssilorLuxottica articles – Page 6
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News briefs
Japan market watchdog investigates Ray-Ban and Oakley trade practices
The Japan Fair Trade Commission began an on-site inspection at Luxottica Japan’s headquarters earlier this week, Nikkei Shinbun and other news outlets have reported. The company is reportedly suspected of having fixed resale prices of some Ray-Ban and Oakley products for several years, by asking retailers not to sell them ...
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ArticleGlassesUSA.com operator launches multi-brand luxury eyewear webshop
Most large eyewear companies in the luxury segment, save one, partner with the new online shop.
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ArticleParis Miki main stakeholder to delist the company through an MBO
The tender offer by the founding family fund values the company at approximately 33 billion yen (€182m). The plan is to restructure the retailer’s domestic and overseas businesses after a decade of revenue stagnation and low or negative profit margins.
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ArticleEssilux backs Stellest 2.0 claims with new peer-reviewed study, joins CCOI
On the heels of the presentation of its new Stellest 2.0 lens at the China International Import Expo in Shanghai last week, EssilorLuxottica has announced the publication of a new peer-reviewed study that supports its claims of higher efficiency in slowing the progression of myopia. The results of the study ...
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ArticleEssilux makes Stellest smart, expands scope to not yet myopic children
EssilorLuxottica presented its new Essilor Stellest 2.0 lenses at the China International Import Expo in Shanghai last week. The second generation of the myopia management lens delivers higher efficacy in slowing the axial elongation of the eye by generating a stronger optical signal to double the mean power, the group ...
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News briefs
Synsam Group expands Essilux smart glasses distribution with Nuance
Synsam Group has announced that it is starting to distribute Nuance, EssilorLuxottica’s hearing aid glasses, in the Nordic region. The company says the glasses will be available at 150 of its Synsam stores in Sweden by the end of this year and that distribution will be expanded to all Swedish ...
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News briefs
EssilorLuxottica’s main investor Delfin sees profits double in 2024
Delfin, the investment company of Italy’s Del Vecchio family, and the largest shareholder in EssilorLuxottica, reported profits of €1.39 billion in 2024, up by 105 percent compared to the year earlier, according to Italian media reports. The increase came as Delfin’s dividends from its 32.2 percent stake in EssilorLuxottica, 28 ...
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ArticleEye care and telemedicine in France: a case study
We took the opportunity of SILMO 2025 to take a look at the deployment of eye health telemedicine in France by visiting the booths of six companies supplying either teleconsultation or tele-expertise services. Both specialties are aimed at improving access to eye care, particularly in the so-called medical desert areas. ...
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News briefs
EssilorLuxottica reinforces AI and medtech expertise with new acquisition
EssilorLuxottica announced its seventh M&A operation this year with the acquisition of Ikerian, a Swiss-based medtech startup founded in 1990 and operating under the RetinAI brand that will further reinforce the group’s medtech offering. RetinAI’s area of expertise is artificial intelligence (AI) and data management in eye care. It develops ...
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ArticleEssilorLuxottica posts record growth in Q3 as wearables boom comes with side benefits
The eyewear giant posted its strongest quarterly revenue performance since the Essilor-Luxottica merger, with wearables contributing over 4 percentage points to growth and helping rebalance wholesale and retail divisions. Side benefits of the smart glasses boom include increased penetration of premium lenses and halo effect on the Ray-Ban brand. Subscription business in EMEA is going strong too.
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ArticleEssilorLuxottica launches new B2B event with focus on innovations
EssilorLuxottica has announced the launch next year of a new trade event aimed at presenting the sector’s innovations, with a focus on AI wearables, medtech and myopia, to eye care professionals in the US and Europe. Called SWITCH: Vision Innovation Summit by EssilorLuxottica, the event will take place just before ...
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ArticleEssilux becomes Nikon’s largest shareholder, gets up-to-20% greenlight
Nikon Corporation officially announced today that EssilorLuxottica has become its largest shareholder with a 10.75 percent stake as of Oct. 1, 2025, up from 9.68 percent on Sept. 10. The eyewear industry behemoth has been progressively building up its stake in the Japanese group in recent months, rising from the ...
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ArticleEyewear stock prices up 11 percent in Q3
The share price of stock listed eyewear companies rose by 11 percent quarter on quarter and on a non-weighted average basis in Q2 2025, outperforming an average of five international stock exchange indexes (see table below). Their growth in Q3 was almost identical to the turbulent previous quarter (10 percent) ...
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News briefsMonopolization lawsuit against Essilux dismissed in New York
US Federal Court Judge Mary Kay Vyskocil, of the Southern District of New York, has dismissed without prejudice a consolidated lawsuit against EssilorLuxottica for anticompetitive practices, as we learn from Reuters. The original lawsuits were filed in 2023. One alleged that Essilux had sought to monopolize two markets: premium eyewear ...
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News briefs
EssilorLuxottica gets myopia management head start in the US with Stellest’s FDA approval
Following the recognition of Stellest as a Breakthrough Device by the Food and Drugs Administration (FDA) in 2021, EssilorLuxottica announced yesterday that the US health regulator has now granted market authorization for its myopia management lens. Stellest, which clinical data showed is slowing down myopia progression by 71 percent on ...
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Article1.2m subscribers and 90 new stores among Synsam Group’s midterm targets update
Synsam Group, the leading optical retailer in Northern Europe, announced new mid-term financial and operational targets at a Capital Markets Day (CMD) earlier this week. The first focus point for the group in its presentation was Synsam Lifestyle (SL), its subscription service for eyeglasses. As we previously reported, ...
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News briefs
Gentle Monster owner valuation reportedly hits €2bn
According to reports in Pulse and other South Korean business news outlets, IICOMBINED, the Korean group operating the Gentle Monster eyewear brand, has seen its valuation reach 3.3 trillion Korean won (€2bn). The calculation is based on the amount of recent transaction between Chinese private equity firms for a 1.9 ...
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News briefsArmani’s licenses as big and much more profitable than its core fashion business
Filings by Armani to Italian authorities show that sales of the group’s cosmetics and eyewear products, licensed to L’Oréal and EssilorLuxottica respectively, amounted to approximately €2 billion last year, almost as much as the luxury fashion company’s total revenue, reported at €2.3 billion in an article by Reuters last week. ...
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News briefs
SightGlass Vision launches DOT lenses in the UK
SightGlass Vision, the joint venture between CooperVision and EssilorLuxottica, has announced the launch in the UK of its DOT myopia control lenses. The company says that it will be hosting an introductory webinar on Oct. 15 for eye care professionals in the country. DOT lenses are already distributed in China, ...
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ArticleAmazon to join the AR glasses fray
Amazon is developing two AR glasses for two different use cases, The Information has first reported after speaking with people close to the matter. “Amelia”, the first model, is aimed at the online retail giant’s delivery drivers and will probably focus on itinerary guidance. It will reportedly be ready for ...
