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Stock impact report

Meta extends its Ray-Ban smart glasses deal beyond 2030 [Verge, The]

ESSILOR LXTTCA UNSP/ADR (ESLOY) 
NASDAQ:AMEX Investor Relations: essilor.com/en/investors
Company Research Source: Verge, The
Share this story Meta and eyewear conglomerate EssilorLuxottica plan to work together on smart glasses “into the next decade.” The two announced a long-term agreement today to extend a partnership that started in 2019 and has yielded two generations of Ray-Ban smart glasses. The collaboration has helped Meta make smart glasses that stand out for their style So far, the collaboration has helped Meta make smart glasses that stand out for their style. It looks like Meta wants to keep that trend going with its next generations of frames. Aside from Ray-Ban, EssilorLuxottica also owns Oakley and has licensing agreements with luxury brands, including Versace, Prada, Chanel, and others. “I'm excited about our long term roadmap ahead. We have the opportunity to turn glasses into the next major technology platform, and make it fashionable in the process,” Meta CEO Mark Zuckerberg said in a press release My colleague Victoria Song says it best in her review of Ray-Ban smart glasses l Show less Read more
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