The acquistion of the Canadian retinal imaging company supports EssilorLuxottica’s ambitions to broaden its ophthalmic instruments and solutions portfolio ...
JPMorgan analyst Chiara Battistini raised the firm’s price target on EssilorLuxottica (ESLOY) to EUR 280 from EUR 255 and keeps an Overweight ...
EssilorLuxottica SA (FR:EL) has announced plans to ramp up its smart glasses production capacity for Ray-Ban Meta (META) smart glasses, aiming ...
Eyewear maker EssilorLuxottica plans to boost its production capacity for smart glasses and hopes to expand its collaboration ...
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Consumer companies were flat amid mixed earnings and rising inflation concerns. The rate of U.S. consumer-price inflation rose to 3% in January, according to the latest Labor Department data.
EssilorLuxottica is targeting significant growth in the wearable segment, aiming to expand production capacity for Ray-Ban Meta to 10 million units annually by 2026.
EssilorLuxottica SA posted sales ahead of estimates, driven by a strong performance in North America and the consolidation of ...
Ray-Ban maker EssilorLuxottica posted higher sales for the fourth quarter fueled by strong growth in North America and China.
In North America, fourth-quarter revenue rose 7.8%, while revenue in China rose about 50%, the company said.
Ray-Ban maker EssilorLuxottica reported an increase in revenue for the fourth quarter that was in line with market expectations amid a push to smart glasses.