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EssilorLuxottica First-Half Profit Rises on Surge in AI-Connected Glasses

First-half gains reflect an expanded AI-powered lineup that signals broader adoption of smart eyewear

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EssilorLuxottica says it is leading the transformation of glasses with AI-enabled  products like Ray-Bans

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.