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The acquisition strengthens the eyewear giant’s integrated supply chain in the production of lenses, one of its core ...
EssilorLuxottica acquires Automation & Robotics,advancing high-performance solutions in ophthalmic manufacturing Paris, France (4 August 2025) – EssilorLuxottica announces today the acquisition of ...
This confers a significant advantage on EssilorLuxottica and Meta compared to pure-play tech firms who may attempt to corner ...
EssilorLuxottica SA posted better-than-expected revenue in the second quarter, as the world’s biggest eyewear maker showed ...
Revenue from sales of Ray-Ban Meta smart glasses more than tripled during the first half of the year, EssilorLuxottica said ...
EssilorLuxottica released its second quarter earnings report, revealing that Ray-Ban Meta smart glasses have tripled in ...
Shares in EssilorLuxottica , the maker of Ray-Ban glasses, jumped on Wednesday after reports that Meta Platforms had acquired ...
Strong growth of Ray-Ban Meta smart glasses helped EssilorLuxottica report higher revenue for the June quarter and the company signaled it made a positive start to the current quarter. Shares in ...
Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two companies have been in partnership since 2020, collaborating on glasses ...
Operating profit at EssilorLuxottica rose 4.1% in the first half of the year despite a hit from U.S. tariffs, the ...
EssilorLuxottica EL -0.08% reported higher revenue and profit for 2023, despite inflationary headwinds that hurt costs, particularly the cost of labor. The Franco-Italian eyewear company on ...
EssilorLuxottica SA EL 0.89% agreed Wednesday to buy control of European rival GrandVision NV for about €5.49 billion ($6.1 billion), in a move that would further cement the Ray-Ban maker’s ...