EssilorLuxottica rockets sales with AI‑powered Ray‑Ban Meta glasses

EssilorLuxottica Announces Surge in AI‑Enabled Vision Gear

EssilorLuxottica, the globe’s leading eyewear maker, reported that sales of its AI‑powered Ray‑Ban Meta glasses tripled, contributing to a profit rise in the first half of the year.

Key Financial Highlights

• Revenue grew 5.5% to €14 billion ($16.2 billion).
• Net profit edged 1.6% higher at €1.4 billion.
• Strong performance driven by the Ray‑Ban Meta line.

CEO’s Perspective

Francesco Milleri noted that the company is keeping pace with its growth targets, despite a volatile market. He described the group as “leading the transformation of glasses as the next computing platform.”

Impact of Currency Fluctuations

Like many European firms, EssilorLuxottica was affected by the weak dollar, which nearly offset growth in North America during the second quarter.

Momentum in AI Glasses

• The Ray‑Ban Meta glasses have more than tripled revenue year‑over‑year.
• In June, the company unveiled new AI‑enabled Oakley glasses.
• The Ray‑Ban glasses feature a camera, headphones, and microphones, allowing users to trigger Meta’s AI by saying “Hey Meta” without opening their phone.

Ownership and Brand Reach

EssilorLuxottica remains a leading producer of corrective lenses and frames, holding manufacturing rights for luxury labels including Giorgio Armani, Burberry, Chanel, Dolce & Gabbana, Prada, and Versace.