{"id":205007,"date":"2025-10-16T20:52:04","date_gmt":"2025-10-16T20:52:04","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/205007\/"},"modified":"2025-10-16T20:52:04","modified_gmt":"2025-10-16T20:52:04","slug":"essilorluxottica-sales-get-boost-from-meta-smart-glasses","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/205007\/","title":{"rendered":"EssilorLuxottica sales get boost from Meta smart glasses"},"content":{"rendered":"<p>\n                                        By<br \/>\n                                        <br \/>Bloomberg\n                                    <\/p>\n<p>\n                                    Published<br \/>\n                                    <\/p>\n<p>                                        October 16, 2025<\/p>\n<p class=\"article-content col-md-8 offset-md-1\">\n                                <a class=\"fnwAddLinks\" href=\"https:\/\/uk.fashionnetwork.com\/tags-essilorluxottica\" title=\"EssilorLuxottica\" rel=\"nofollow noopener\" target=\"_blank\">EssilorLuxottica<\/a> SA posted revenue that beat analysts\u2019 estimates in the third quarter, lifted by a new batch of AI glasses with partner Meta Platforms Inc. \u00a0<\/p>\n<p><img decoding=\"async\" class=\"news-image\" style=\"width:100%;\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2025\/10\/1659.jpg\" alt=\"\" loading=\"lazy\"\/> Essilor<\/p>\n<p class=\"col-md-8 offset-md-1 article-content--texte\">Sales increased 11.7% at constant exchange rates to \u20ac6.87 billion ($8.02 billion), according to a statement Thursday. That beat the average estimate for 8.5% growth from analysts tracked by Bloomberg.<\/p>\n<p>The world\u2019s largest eyewear group got a boost from sales of wearable technology, which posted \u201cexponential growth,\u201d the company said. Investors are closely watching for signs that EssilorLuxottica\u2019s high-profile partnership with Meta can deliver on lofty expectations.<\/p>\n<p class=\"col-md-8 offset-md-1 article-content--texte\">The quarterly sales figures suggest the category is gaining momentum. In September, the company unveiled its latest <a class=\"fnwAddLinks\" href=\"https:\/\/uk.fashionnetwork.com\/tags-ray-ban\" title=\"Ray-Ban\" rel=\"nofollow noopener\" target=\"_blank\">Ray-Ban<\/a> Meta and <a class=\"fnwAddLinks\" href=\"https:\/\/uk.fashionnetwork.com\/tags-oakley\" title=\"Oakley\" rel=\"nofollow noopener\" target=\"_blank\">Oakley<\/a> Meta glasses. That helped AI glasses emerge as a \u201ckey growth driver\u201d at company owned stores such as Sunglass Hut, EssilorLuxottica said.<\/p>\n<p>Chairman and Chief Executive Officer <a class=\"fnwAddLinks\" href=\"https:\/\/uk.fashionnetwork.com\/tags-francesco-milleri\" title=\"Francesco Milleri\" rel=\"nofollow noopener\" target=\"_blank\">Francesco Milleri<\/a> cited \u201cbooming wearables and strong momentum across vision care and sunglasses\u201d for the sales performance, adding that the company enters the fourth quarter with \u201cstrong momentum and a clear ambition to drive lasting transformation.\u201d<\/p>\n<p>The company has intensified its push into wearables and medical technology as it seeks to cement its dominance in the evolving eyewear segment. Myopia management, a newer category that involves lenses made to limit progression of short-sightedness, drove results in EssilorLuxottica\u2019s professional solutions division.<\/p>\n<p>On Wednesday, EssilorLuxottica announced the acquisition of RetinAI, a company specializing in artificial intelligence and data management in eyecare. The deal follows the acquisitions this year including a unit of South Korea\u2019s PUcore Co. which develops monomers used in contact lenses, and Optegra, a group with more than 70 eye hospitals and diagnostic facilities in Europe.\u00a0<\/p>\n<p>While the Meta collaboration generated an estimated \u20ac365 million in revenue for EssilorLuxottica in 2024, the total could approach \u20ac800 million this year and surpass \u20ac6 billion by 2030, based on the most optimistic projections from <a class=\"fnwAddLinks\" href=\"https:\/\/uk.fashionnetwork.com\/tags-barclays\" title=\"Barclays\" rel=\"nofollow noopener\" target=\"_blank\">Barclays<\/a>. The analysts see room for industry sales to rise from about 3 million smart glasses a year to 60 million by 2035.<\/p>\n<p>EssilorLuxottica shares advanced 2.4% in Paris on Thursday prior to the results. The stock has gained 17% this year.\u00a0\n                            <\/p>\n","protected":false},"excerpt":{"rendered":"By Bloomberg Published October 16, 2025 EssilorLuxottica SA posted revenue that beat analysts\u2019 estimates in the third quarter,&hellip;\n","protected":false},"author":2,"featured_media":205008,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[16820,712,88600,709,88599,59,57,58,711,710,50,88598,713,88597,56,54,55],"class_list":["post-205007","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-barclays","tag-beauty","tag-essilorluxottica","tag-fashion","tag-francesco-milleri","tag-gb","tag-great-britain","tag-greatbritain","tag-luxury","tag-network","tag-news","tag-oakley","tag-professionals","tag-ray-ban","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/205007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=205007"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/205007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/205008"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=205007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=205007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=205007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}