EssilorLuxottica

Ray-Ban Meta smart glasses sales have surged, more than tripling to over 7 million units sold last year. This dramatic increase, encompassing both Ray-Ban and Oakley brands, highlights a growing consumer embrace of wearable AI. The success is attributed to the collaboration between EssilorLuxottica’s eyewear expertise and Meta’s AI advancements. Companies are planning to double production capacity to meet unprecedented demand, signaling a long-term commitment to the smart eyewear market.

EssilorLuxottica’s Q3 revenue surged, boosted by the success of Ray-Ban Meta smart glasses developed in partnership with Meta. Wearables contributed significantly to the 11.7% sales increase. The collaboration expands with Oakley and Prada-branded versions in development. Executives predict glasses will replace many smartphone functionalities. Meta’s AI-powered glasses and those from competitors like Alphabet and Alibaba are transforming personal computing and eyewear, creating a market where fashion meets technology. EssilorLuxottica anticipates exceeding its wearables targets and foresees revenue from hardware, lenses, and AI services.