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FashionPress Release

EssilorLuxottica and Meta Expand AI Glasses Portfolio with Ray-Ban Meta Optics Styles

EssilorLuxottica and Meta announce the expansion of their AI glasses portfolio with the introduction of Ray-Ban Meta’s new line of optical-first styles designed for prescription wearers. Through their multiyear partnership, the two companies have brought an entire AI glasses category to life with Ray-Ban Meta; the performance AI glasses Oakley...

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Business|ANALYSIS

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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