EssilorLuxottica news and archive

Luxury margins, mass-market volumes: Why eyewear is the new retail

No longer a medical niche, eyewear is establishing itself as a fully-fledged pillar of retail. The sector is at a tipping point, with margins that rival luxury, volumes comparable to the mass market and a growing appeal for tech giants. The global eyewear market is valued at approximately 200.5 billion dollars in 2024. It is projected to reach...

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EssilorLuxottica: Shares on the rise with 'med-tech' in sights

On October 21, 2025, EssilorLuxottica's shares continued their rise on the Paris Stock Exchange, following a surge of nearly +14 percent the previous week. This momentum reflects renewed investor confidence in the Franco-Italian group. It is now perceived as a key player at the intersection of luxury, health and technology. The catalyst was the...

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EssilorLuxottica posts its "best quarter" since its creation

Paris - EssilorLuxottica, the global leader in optics, reported revenues of 6.87 billion euros, up 6.7 percent at current exchange rates for the third quarter of 2025 on Thursday. The figure exceeded expectations from Factset and Bloomberg, which had forecast 6.73 billion and 6.75 billion euros, respectively. The result was driven by smart...

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EssilorLuxottica and Meta build on their successful partnership with new AI glasses that offer a glimpse into the future

EssilorLuxottica and Meta Platforms, Inc. showcased the evolution of their celebrated partnership at Meta Connect, where they unveiled the next generation of AI glasses. Expanding on the groundbreaking category of products they’ve introduced to date, including Ray-Ban Meta, the #1 selling AI glasses in the world, and the more recent launch of...

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Technology, a new strategic priority for luxury houses

Luxury houses are significantly increasing their spending on technology. This is the main finding of the fourth edition of the "Luxury and Technology" report conducted jointly by Bain & Company and the Comité Colbert. Technology, an essential strategic lever The study reveals that 85 percent of chief executive officers believe that technology is...

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EssilorLuxottica acquires Automation & Robotics

Eyewear group EssilorLuxottica has confirmed the acquisition of Automation & Robotics (A&R), a Belgium-based company that designs and manufactures automated systems for quality control of optical lenses. In a statement, EssilorLuxottica said the move would strengthen its vertically integrated supply chain in the production of lenses, as the...

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Fashion

Is wearable tech finally having its moment?

After years of stuttering starts, awkward designs, and more promise than product, wearable tech may finally be ready for its close-up, on your face, no less. Meta’s Ray-Ban smart glasses, developed in partnership with EssilorLuxottica, have quietly turned a corner from curiosity to commercial success, selling over two million pairs since their...

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EssilorLuxottica stock surges on strong H1 and smart glasses success

EssilorLuxottica's shares experienced a significant surge on the Paris stock exchange on Tuesday, July 29, climbing 6.34 percent by 11 am GMT and emerging as one of the strongest performers on the CAC 40. This impressive rise signals a renewed market confidence, fueled by the company's solid half-year financial results and an ambitious...

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EssilorLuxottica H1 revenue exceeds expectations

Eyewear group EssilorLuxottica achieved higher than expected revenue in the first half of the year. At constant exchange rates, revenue rose by 7.3 percent to over 14 billion euros compared to the same period last year. The French-Italian company announced this on Monday evening in Charenton-le-Pont. Based on current exchange rates, growth was...

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EssilorLuxottica to acquire PUcore's optical division

EssilorLuxottica (ESLOF.PK) Monday said it has agreed to acquire South Korean company PUcore's optical division. Financial terms of the deal were not disclosed. Essilorluxotica will buy all assets and entities involved in the development, production and sale of monomers used in the manufacture of high-index ophthalmic lenses. The acquisition...

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EssilorLuxottica announces acquisition of PUcore's optics division

Eyewear group EssilorLuxottica is expanding its production capacities. The company announced on Monday that it has signed a purchase agreement for the optics division of South Korean chemicals group PUcore. EssilorLuxottica will completely take over all PUcore’s operating units involved in the development, manufacture and marketing of monomers...

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Meta acquires stake in EssilorLuxottica

According to reports, the Facebook parent company, Meta Platforms Inc (Meta), is investing in the French eyewear group EssilorLuxottica. Bloomberg reported on Tuesday that the US company has acquired a stake of just under three percent for approximately three billion euros. The report follows the announcement of the investment plans a year ago....