EssilorLuxottica, the maker of Ray-Ban, reported a 20% sales increase in the third quarter, driven by smartglasses powered by artificial intelligence. The eyewear company produces these devices in partnership with tech giant Meta. This growth highlights the rising demand for AI-enhanced wearable technology in the luxury fashion and tech sectors.
The collaboration continues to prove successful as consumers embrace the blend of style and advanced functionality.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing