Sensible glasses accounted for greater than a 3rd of EssilorLuxottica’s development in Q3 2025.
The French-Italian big EssilorLuxottica is the biggest eyewear firm on the earth by far. It owns iconic manufacturers like Ray-Ban, Oakley, Oliver Peoples, and Persol, and has unique licenses with main trend corporations like Prada, Armani, Burberry, and Chanel. It additionally owns Sunglass Hut, and has greater than 18,000 retail shops in complete worldwide.
Meta has thus far partnered with EssilorLuxottica for six sensible glasses merchandise:
Final yr Meta and EssilorLuxottica signed an settlement extending their partnership “into the following decade” to develop “multi-generational sensible eyewear merchandise”, and earlier this yr, Meta invested €3 billion in EssilorLuxottica, taking a 3% stake.
Meta Invests €3 Billion In EssilorLuxottica, Taking 3% Stake
Meta has invested €3 billion in Ray-Ban and Oakley proprietor EssilorLuxottica, taking a 3% stake within the eyewear big, Bloomberg and Reuters report.
In its Q3 name with traders, EssilorLuxottica mentioned its general income grew 11.7%, of which “in extra of 4 share factors” was from its Wearables division, which presently handles the Meta sensible glasses partnership and Nuance Audio.
Again in February, in its This fall 2024 earnings name, EssilorLuxottica mentioned that the Ray-Ban Meta glasses had bought 2 million models, and in its Q2 2025 name in July mentioned that gross sales had greater than tripled since final yr, performing “exceptionally nicely”.
Throughout the February name, the corporate additionally introduced that its annual manufacturing capability for sensible glasses could be elevated to 10 million by the tip of 2026.
When requested about this on the brand new name, CFO Stefano Grassi mentioned that due to the “additional acceleration” of the sensible glasses enterprise since then, the manufacturing schedule has now been introduced ahead, with the corporate anticipating to hit the ten million annual charge sooner than the tip of subsequent yr.
Grassi additionally confirmed that EssilorLuxottica’s sensible glasses enterprise is worthwhile, “in absolute phrases”, and that round 20% of patrons go for official prescription lenses.
Google Working With Light Monster & Warby Parker On Gemini Sensible Glasses
Google is working with Light Monster and Warby Parker on sensible glasses with Gemini AI, the corporate’s plan to instantly compete with Ray-Ban Meta.
The Meta-EssilorLuxottica alliance is by far main the sensible glasses market. However it’ll face critical competitors in coming years.
At I/O again in Might, Google introduced that it is working with Warby Parker and Light Monster, two of EssilorLuxottica’s rising opponents, to develop Gemini sensible glasses. It additionally plans to work with Kering Eyewear sooner or later. In June, South Korean media reported that Google was within the ultimate levels of taking a 4% stake in Light Monster.
Apple too reportedly plans to launch comparable sensible glasses, with Bloomberg’s Mark Gurman and provide chain analyst Ming-Chi Kuo claiming that Apple plans to ship as quickly as early 2027.
