LUXOTTICA SALES JUMP 11% ON META AI-GLASSES DEAL

The eyewear and optical company posted the gains on a constant-currency basis, signaling momentum in its collaboration with Meta on AI-enabled glasses. The partnership has become a key growth engine as consumers and businesses adopt augmented reality and AI features integrated into wearable devices. EssilorLuxottica, formed through the 2018 merger of Essilor International and Luxottica Group, controls major brands including Ray-Ban and Oakley. The company has positioned itself at the intersection of traditional eyewear and emerging technology, leveraging its distribution network and brand portfolio. The first-quarter results reflect broader industry trends toward smart glasses. Meta's Ray-Ban Meta glasses, developed with EssilorLuxottica, have gained traction with features including AI assistance, photography, and social sharing capabilities. The partnership agreement allows EssilorLuxottica to tap into Meta's AI expertise while maintaining its optical heritage. The company's first-quarter performance suggests the strategy is resonating with retailers and consumers seeking connected eyewear solutions.