EssilorLuxottica SA’s third-quarter revenue slightly missed estimates on the back of a negative performance from sunglasses in North America and worsening economic conditions in China. …
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EssilorLuxottica
EssilorLuxottica Extends Smart Glasses Partnership With Meta
EssilorLuxottica said on Tuesday it had extended its partnership with Meta Platforms for developing smart eyewear by agreeing a new long-term deal that will take both companies …
Ray-Ban Maker EssilorLuxottica Confirms Meta Interested in Stake
EssilorLuxottica SA confirmed Meta Platforms Inc. is interested in buying a stake in the world’s biggest eyewear maker. Chief executive officer Francesco Milleri said that …
Meta Explores Stake in Ray-Ban Maker Essilorluxottica, FT Reports
Meta Platforms has explored a multibillion-euro investment in eyewear group EssilorLuxottica, the Financial Times reported on Thursday. The Facebook and Instagram owner has considered taking …
Supreme’s Sale to EssilorLuxottica, Explained
French-Italian eyewear group EssilorLuxottica is buying New York-based streetwear juggernaut Supreme from US apparel group VF Corp. for $1.5 billion in cash, in a surprise …
EssilorLuxottica to Buy Supreme for $1.5 Billion
Italian eyewear group EssilorLuxottica has reached a definitive agreement for the purchase of streetwear juggernaut Supreme for $1.5 billion in cash, the company said in …
Kering and EssilorLuxottica possible suitors for Italy’s Marcolin: Report
Gucci-owner Kering and Ray-Ban parent EssilorLuxottica are among the suitors for Italian eyewear manufacturer Marcolin, the Financial Times reported on Saturday. New York-headquartered eyewear maker …
EssilorLuxottica Margin Just Below Expectations on Inflation Hit
EssilorLuxottica SA, the owner of the Ray-Ban and Oakley brands, reported margins just below analyst expectations as the French-Italian eyewear maker fought higher costs and …
Moncler and EssilorLuxottica Announce Licensing Agreement
The agreement, which goes into effect January 2024, will allow EssilorLuxottica to design, produce and globally distribute Moncler eyewear. The news comes at a time …
EssilorLuxottica, Armani Renew Deal | BoF
EssilorLuxottica SA and Giorgio Armani’s fashion group said Wednesday that they’ll renew a landmark licensing agreement with roots in the 1980s, which saw optics tycoon Leonardo …
EssilorLuxottica Improves Margin in Challenging Market
Luxury eyewear company EssilorLuxottica raised its operating margins substantially in the first half of the year, it said on Friday, despite a challenging environment. The …