All Ray-Ban articles
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ArticleUS sun business sole exception to EssilorLuxottica’s smooth sailing in Q1
EssilorLuxottica remained on a smooth sailing trajectory in the start of 2024 as the group reported a 3.0 percent year-on-year increase in Q1 revenue to €6,335 million. At constant rates, sales progressed by 5.5 percent versus 2022, decelerating slightly from Q4 2023 (+7.1 percent) but remaining in line with the ...
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News briefsRay-Ban partners with Lenny Kravitz for Reverse
EssilorLuxottica is partnering with Lenny Kravitz for a capsule collection of sunglasses under the Ray-Ban Reverse brand name. Launched last year by the Italo-French group, Reverse sunglasses have an inverted look, substituting a convex lens shape for the standard concave design. Frames in the capsule collection developed for the rock ...
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ArticleMeta to provide glimpse of a second line of AR glasses
There is a push within Meta to prepare a demonstration of the company’s first “true” augmented-reality (AR) glasses at its forthcoming show for third-party developers, Connect, scheduled for the autumn. The news comes from Business Insider, which has spoken to “two people familiar with the plans,” confirming their identities and ...
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ArticleAI comes to Meta and Ray-Ban’s smart glasses
Meta is providing “early access” in the US to multimodal AI in the Ray-Ban Meta smart glasses – the equivalent of a beta launch for software. The company is seeking feedback from customers, presumably to help tune the AI. Customers can opt in through the latest version of the Meta ...
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ArticleMeta and Ray-Ban beef up smart glasses with influencers in mind
Meta’s CEO Mark Zuckerberg announced yesterday at the group’s developer conference the launch of the second generation of smart glasses developed in collaboration with EssilorLuxottica and its Ray-Ban brand. For this second generation of the smart glasses, the partners have significantly upgraded several key features from the initial product, the ...
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News briefsMost Ray-Ban Stories shelf-bound, says WSJ
According to an internal document obtained by the Wall Street Journal, less than one in ten pairs of Ray-Ban Stories smart glasses ever sold are in regular use. Meta developed the product with EssilorLuxottica and released it almost two years ago, in September 2021. By February of this year it ...
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ArticleEssilorLuxottica unveils Ray-Ban Reverse collection
EssilorLuxottica has officially announced the launch of Ray-Ban Reverse, giving more details on the new sunglasses that were described as a “revolution” and a “reinvention” during the group’s last financial results presentation. The Reverse collection’s innovation lies in the design of the frames lenses that come with an inverted look ...
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ArticleEssilorLuxottica signs JV with GCC luxury powerhouse
EssilorLuxottica has announced the signature of a joint venture agreement with Chalhoub Group, a regional leader in luxury fashion and cosmetics retail, for the development of its eyewear retail footprint in the Gulf Cooperation Council (GCC) region. The partnership will combine EssilorLuxottica’s eyewear expertise, in terms of technology and retail, ...
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ArticleThe second demise of Google Glass
Google ended sales of Google Glass on March 15 and will be “supporting” Glass Enterprise Edition until Sept. 15,” after which the surviving pairs of connected glasses will be on their own. If they break, they break. By autumn, then, Glass as a product will have died its second death. ...
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ArticleThe trade-off game behind Ray-Ban Stories
On its website, Meta has laid out the two-year saga behind the development of its joint-product with the EssilorLuxottica brand Ray-Ban: the Stories series of smart glasses. One of the concerns was privacy, which for Meta amounts to protection – for wearers and the people around them – against unwanted ...
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ArticleEssilorLuxottica profits up in H1 but sales decelerated in Q2
EssilorLuxottica has reported a 36 percent year-on-year increase in revenues to €6,387 million for the second quarter of 2022, with most of the growth attributable to the integration of the GrandVision business. On the comparable proforma basis prepared by the group, which adjusts 2021 figures as if GrandVision had been ...
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News briefs
EssilorLuxottica in talks for Ray-Ban stores in India
EssilorLuxottica has confirmed being in negotiations with Reliance Brands for a partnership to jointly open Ray-Ban stores in India, following a report by the Indian business publication The Economic Times. The Italo-French company added that exploring new retail opportunities under brands like Ray-Ban was part of its group strategy and ...
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News briefs
Meta to open a physical store
Meta, the company formerly known as Facebook, will be opening its first physical store on May 9. It will be located in Burlingame, California – not far from Reality Labs, the former headquarters of Oculus, which Facebook acquired in 2014 and is now home to Meta’s virtual- and augmented-reality business. ...
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ArticleStrong Q1 for Essilux
Except for a slight deceleration in the U.S. market, all lights were green in the first quarter of the 2022 fiscal year for EssilorLuxottica with its two operating segments and all regions gaining momentum compared to the previous quarter. In reported terms, total revenue jumped by 38 percent year-on-year to ...
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News briefs
Ray-Ban Stories released in parts of Europe
Ray-Ban and Meta, the former Facebook, launched Ray-Ban Stories in Spain, in Austria, in Belgium and online on March 17. France will be next, on April 14. New frame and lens colors and software features are due in the coming weeks, and the country count should soon thereafter reach ten. ...
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ArticleEssilux launches new sales program in France
After the launch of a similar initiative in the U.S. and Canada, respectively in 2020 and 2021, EssilorLuxottica is rolling out its EssilorLuxottica 360 program in Europe, starting with France. The objective is to “enrich” Essilor’s Experts program and various existing Luxottica programs and thereby to expedite the expansion of ...
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News briefs
Ray-Ban enters the NFT market
EssilorLuxottica is entering the world of non-fungible tokens (NFTs) with its Ray-Ban brand in collaboration with Extraweg, a German artist renown for its 3D Motion Designs. NFTs, which are assets certifying the authenticity and uniqueness of digital products, have been gaining popularity in the contemporary art sector in the last ...
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News briefs
Ray-Ban Stories under scrutiny on data privacy issues
The Irish Data Protection Commission (DPC) and Garante, the Italian data privacy regulator, have requested Facebook Ireland to provide more information on the recently launched Ray-Ban Stories smart glasses. Both organizations are asking the U.S. tech giant to demonstrate that the “very small” LED light, which sparks up when the ...
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ArticleFacebook and Ray-Ban launch their first smart eyewear
About a year after they first announced their partnership, Facebook and Ray-Ban presented last Thursday their first range of smart glasses, called Ray-Ban Stories. Based on the most popular Ray-Ban designs, including the iconic Wayfarer and Wayfarer Large, and available in five color variations, the Ray-Ban Stories embark an optimized ...
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ArticleEssilorLuxottica revenues top 2019 level
EssilorLuxottica confirms its growth trajectory started in the second half of 2020, with sales for the first quarter surging by 7.3 percent from the year-ago quarter to €4,060 million, or by 14.3 percent in constant currencies. This is even 1.9 percent above the level of the first ...
