Meta has launched its new AI-powered smart glasses, developed with EssilorLuxottica, available in three frame styles including a special edition created with Kylie Jenner.

Applied Materials (AMAT) and EssilorLuxottica have reportedly signed a long-term agreement, as reported by Reuters.

An heir of EssilorLuxottica has finalized a €10 billion deal to buy out their siblings, consolidating control over the company.

EssilorLuxottica, a global leader in eyewear, has completed the acquisition of Faro, an Italian technology eyewear manufacturing firm, expanding its production capabilities.

EssilorLuxottica is facing a significant challenge to expand its smart glass sales without negatively impacting its profit margins. The company must navigate this test to ensure sustainable growth in the emerging market.

Leonardo Maria Del Vecchio says he is closing in on agreement to buy stakes of two siblings in family holding company Delfin

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses Shares of EssilorLuxottica SA are on track for their worst weekly decline in nearly four years, as competition in the smart-glasses market intensified this week following reports that Apple plans to launch AI-powered smart glasses in 2027. EssilorLuxottica manufactures the smart glasses that Meta sells under the Ray-Ban partnership. These glasses are in the sub-$500 category, which proves that affordability wins. Meta nailed that sweet spot in pricing, while Tim Cook's $3,500 Vision Pro has been an epic bust and failed to achieve mass adoption. It's not just Apple. Citigroup analyst Veronika Dubajova noted this week that her team "expects a number of competitive launches in the smart eyewear market over the next 12 to 24 months." Bloomberg-tracked Wall Street analyst ratings show no meaningful wave of downgrades following this week's Apple news, with roughly 93% of covering analysts maintaining a "Buy" recommendation. Stifel analyst Cedric Rossi said that the entry of Apple and Google into the smart-glasses market represents more of a catalyst than a threat. "Their presence should accelerate consumer awareness and expand the total addressable market," he told clients earlier this week, adding that EssilorLuxottica "retains several key competitive advantages." Shares of EssilorLuxottica in Paris are down about 10% this week, marking their largest weekly decline since the first week of March 2022. From the 2025 peak, shares are down 26%. Goldman analyst Jerry Shen recently published a detailed view of the AI and AR glasses supply chain, breaking it down by the companies that supply the critical components behind these devices (see report). Tim Cook blew it with Vision Pro ... Meta takes the win. Apple has to focus on affordability ... Tyler Durden Fri, 02/20/2026 - 08:20

Heirs of the EssilorLuxottica luxury group are in an open dispute, with one sibling attempting to buy out others to gain control of the company in one of Europe's largest private deals.

EssilorLuxottica and Applied Materials have announced a partnership to develop smart glasses and advanced augmented reality (AR) technology, aiming to innovate in the wearable tech market.

The majority of heirs in the Del Vecchio family have approved a share transfer within Delfin, the holding company, which will increase Leonardo Maria Del Vecchio's stake to 37.5%.

EssilorLuxottica, the global eyewear company, announced a 10.8% increase in its first-quarter revenues.

Meta and EssilorLuxottica have officially launched their Ray-Ban Meta and Oakley Meta AI smart glasses in Singapore, making them available to consumers.

FedEx and EssilorLuxottica are facing lawsuits from customers seeking refunds for tariffs, indicating legal challenges related to trade duties.

Son of EssilorLuxottica founder plans to buy siblings' Delfin stake, source says  Reuters

The CEO of EssilorLuxottica expressed confidence that the company's share price will recover over time. This statement addresses investor concerns regarding the stock's performance.

Shares of EssilorLuxottica have fallen as investors assess the potential impact of smartglasses on the company's business. The market reaction reflects uncertainty regarding the future of eyewear technology and its effect on traditional products.

EssilorLuxottica reported an 11% increase in sales, with growth extended by the performance of its AI-powered glasses.

After years of disputes, the family of the late Leonardo Del Vecchio has reached an agreement regarding the €56 billion inheritance, with one of his sons emerging victorious in the battle for control of the Italian luxury giant EssilorLuxottica.

Priscilla Chan and Mark Zuckerberg wore coordinated loafers to the Prada fashion show. ANGELA WEISS / AFP via Getty Images Mark Zuckerberg and Priscilla Chan attended a Prada fashion show in Milan on Thursday. The pair were spotted wearing coordinated Prada outfits, including his-and-hers loafers. Meta has a deal with EssilorLuxottica, which works with Prada's eyewear line. Mark Zuckerberg's style era has hit a new high. The Meta CEO was spotted in the front row at Prada's Fall/Winter runwa...