Sure, here goes:
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Wow, so get this – EssilorLuxottica just dropped their second quarter earnings and holy moly, those Ray-Ban Meta smart glasses are on fire! They’ve literally tripled in revenue since last year. I mean, I never thought I’d say this, but these glasses seem to be like the rockstars of eyewear right now.
These smart glasses came out in 2023 and are like the second cool gadgets in their lineup, doing all sorts of fancy stuff – playing music, snapping photos, videos, and even answering life’s tough questions through Meta AI. Starting price? Three hundred bucks. Not exactly cheap, but hey, they’ve got the cred now. Probably why Meta decided to shack up with EssilorLuxottica until 2030 and throw a whopping $3.5 billion their way.
And there’s this picture floating around – not sure why I’ve stared at it for so long – but you can almost hear the tech humming through the frame, you know?
Anyway, EssilorLuxottica just went bragging in their latest earnings report for the first half of 2025, saying these AI glasses are all the rage, with sales tripling year-over-year. But strangely, their numbers didn’t spill the beans on their Oakley Meta HTSN glasses, which are up for grabs in a special version for $500. Those hit pre-order shelves in July.
Oh, and fun fact! Back in February, they casually mentioned they’d sold 2 million Ray-Ban smart glasses since they started doing this in 2023. Nuts, right?
CEO Francesco Milleri and Deputy Dude Paul du Saillant seem pretty chuffed with how things are going, basically saying they’re still crushing those growth targets even though the world’s a bit of a circus right now.
Revenue-wise, they scored a sweet 5.5% boost to around €14 billion in the first half of 2025. But not without a bit of chaos – they’re dealing with some wild US customs duties post-April 2025 and the US dollar’s taking a bit of a snooze against other big currencies.
Crazy world, isn’t it?