1030 GMT - EssilorLuxottica should benefit from Google's partnership with both Warby Parker and Kering to develop artificial intelligence-powered glasses, Equita Sim analyst Domenico Ghilotti writes in a note. The deal signals the expected reaction of players like Google to the commercial success of Ray-Ban smart glasses, which EssilorLuxottica develops with Meta Platforms, Ghilotti says. It marks "a confirmation of the growing relevance of this product for the penetration of AI solutions," the analyst adds. EssilorLuxottica and the Facebook parent company are leading the category to date, with 2 million of Ray-Ban smart glasses sold at the end of 2024 and a new release expected for the second half of the current year, he says. Shares in EssilorLuxottica are down 0.8%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
May 21, 2025 06:30 ET (10:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。