Overview
- EssilorLuxottica posted €14 billion in first-half revenue, up 5.5%, and net profit climbed 1.6% to €1.4 billion.
- Revenue from Ray-Ban Meta smart glasses more than tripled year-over-year, underlining their role in driving sales.
- The Oakley Meta AI glasses launched in June and will be available this summer with Ultra HD 3K recording, open-ear speakers and up to eight hours of active battery life.
- A weak U.S. dollar nearly wiped out second-quarter growth in North America despite strong global demand for AI-driven eyewear.
- Meta and EssilorLuxottica renewed their long-term smart-eyewear partnership last September and are reportedly planning a Prada-branded model.