EssilorLuxottica's Smart Eyewear Launches with Meta Should Boost the Category

Dow Jones
09/24

1046 GMT - EssilorLuxottica's new product launches with Meta should help increase consumer awareness, analysts at J.P. Morgan say in a note. The Franco-Italian eyewear group and the Facebook owner unveiled new glasses featuring artificial intelligence and revealed plans to expand into more markets. The launches, category expansions and new feature additions should be seen as positive for the smart glasses category, the analysts say. The new products could attract new consumers to the segment at both the higher end and the less expensive level, they add.

 

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