The acquisition strengthens the eyewear giant’s integrated supply chain in the production of lenses, one of its core ...

This confers a significant advantage on EssilorLuxottica and Meta compared to pure-play tech firms who may attempt to corner ...

Executives at the company behind Ray-Ban and Oakley were upbeat about its smart-glasses partnership with Meta, and said U.S.

Meta Platforms Inc. recently released its financial report for the second quarter of 2025, highlighting the impressive sales ...

Revenue from sales of Ray-Ban Meta smart glasses more than tripled during the first half of the year, EssilorLuxottica said ...

EssilorLuxottica released its second quarter earnings report, revealing that Ray-Ban Meta smart glasses have tripled in ...

Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired ...

Strong growth of Ray-Ban Meta smart glasses helped EssilorLuxottica report higher revenue for the June quarter and the company signaled it made a positive start to the current quarter. Shares in ...

Sound revenue growth at 7.3% in Q2 and H1 AI glasses speeding up further Group’s revenue growing 7.3% in both Q2 and H1 (constant exchange rates1)North America accelerating in PS, DTC keeping a solid ...

Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two companies have been in partnership since 2020, collaborating on glasses ...

EssilorLuxottica EL -0.08% reported higher revenue and profit for 2023, despite inflationary headwinds that hurt costs, particularly the cost of labor. The Franco-Italian eyewear company on ...

EssilorLuxottica SA EL 0.89% agreed Wednesday to buy control of European rival GrandVision NV for about €5.49 billion ($6.1 billion), in a move that would further cement the Ray-Ban maker’s ...