Overview

• Meta Platforms acquired approximately 3% of EssilorLuxottica’s shares for around €3 billion.
• Executives are weighing additional investments that could lift Meta’s stake to about 5% over time.
• Last month’s Oakley Meta HSTN, equipped with high-resolution cameras and Meta AI, marks the latest expansion of the partnership.
• EssilorLuxottica has secured regulatory clearance for the share purchase and plans to boost factory output to meet demand for smart glasses.
• Both companies intend to extend their AI eyewear collaboration beyond Ray-Ban and Oakley into other brands within EssilorLuxottica’s portfolio.