The Smart Glasses Gold Rush, Explained Meta’s recent $3.5 billion investment in EssilorLuxottica has sent shockwaves through the tech and eyewear industries, signaling a significant shift towards smart glasses as the next big thing. This move is not just a random investment; it represents a strategic bet on the future of wearable technology and augmented […]
Meta Invests $3.5 Billion in EssilorLuxottica in AI Glasses Push
Meta Invests $3.5 Billion in EssilorLuxottica in AI Glasses Push Meta Platforms Inc., formerly known as Facebook, has made a groundbreaking move by investing $3.5 billion in EssilorLuxottica, a global leader in the eyewear industry. This strategic partnership marks Meta’s foray into the realm of smart glasses, leveraging artificial intelligence (AI) to revolutionize the way […]
Supreme’s Sale to EssilorLuxottica, Explained
Supreme’s Sale to EssilorLuxottica, Explained The recent news of Supreme being acquired by EssilorLuxottica, the Italian eyewear giant, for a hefty sum of $1.5 billion in cash has sent shockwaves through the fashion and business world. This acquisition marks a significant shift in the streetwear landscape, as VF Corp, the owner of North Face, bids […]
New US sonar tech to hunt hidden WWII-era bombs buried at 400+ underwater sites
New US Sonar Technology to Hunt Hidden WWII-Era Bombs Buried at 400+ Underwater Sites More than 400 underwater sites across the U.S. may be contaminated with unexploded ordnance (UXO)—decades-old remnants of World War II that pose a significant threat to both marine life and human safety. The presence of these hidden dangers has long been […]
Ray-Ban Meta sales drive smart glasses growth
Ray-Ban Meta Sales Drive Smart Glasses Growth The wearable technology industry has been experiencing a significant boom in recent years, with smart glasses at the forefront of innovation. As consumers increasingly seek out tech-savvy accessories that merge style with functionality, companies like EssilorLuxottica are capitalizing on this trend by ramping up their production capacity to […]
EssilorLuxottica launches FDA-approved Nuance audio glasses
EssilorLuxottica Introduces FDA-Approved Nuance Audio Glasses: A Revolutionary Technology in Hearing Solutions In a world where technological advancements are constantly shaping the way we live and interact with our surroundings, the marriage of fashion and function has taken a significant leap forward with EssilorLuxottica’s latest innovation – the Nuance audio glasses. This groundbreaking technology has […]
Prada Group and EssilorLuxottica Extend Partnership for Eyewear Innovation
In a strategic move that underlines the resilience of high-end fashion in a challenging market, the Prada Group and EssilorLuxottica have renewed their ten-year licensing agreement. This partnership, which has thrived over the past twenty years, serves as a beacon for collaboration within the luxury sector, particularly as many brands retreat from licensing arrangements. The […]
EssilorLuxottica Extends Smart Glasses Partnership With Meta
In a significant move towards advancing smart eyewear technology, EssilorLuxottica has announced the extension of its partnership with Meta Platforms. The two companies have agreed to a new long-term contract that will guide their collaborative efforts into the next decade. This partnership builds on a relationship that started in 2019, during which they developed two […]