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Meta in talks to buy 5% stake in Ray-Ban maker

Meta Platforms is in talks to acquire a stake of about 5% in EssilorLuxottica, its production partner for Ray-Ban smart glasses, the Wall Street Journal reported today, citing people familiar with the matter.
Business • 18 Jul 24

Ray-Ban maker EssilorLuxottica's Q4 sales rise

Luxury eyewear maker EssilorLuxottica has today reported a rise in fourth-quarter revenues, citing sound growth amid a challenging environment, but its performance in China declined because of Covid-19 restrictions.
Business • 23 Feb 23

Ray-Ban owner extends partnership with Armani

Eyewear maker EssilorLuxottica extended its partnership with Armani in a sign of continuity as it held its first capital markets day since the death of chairman and main shareholder Leonardo Del Vecchio in June.
Business • 15 Sep 22

DPC concerned about Facebook's smart glasses

The Data Protection Commission has expressed concern about Facebook's new smart glasses, as it is worried they could be used to covertly capture pictures and videos of other people.
Business • 20 Sep 21

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