Tag

Essilorluxottica

All articles tagged with #essilorluxottica

EssilorLuxottica Launches Nuance Audio Plus: FDA-Cleared Hearing Glasses with 10-Hour Battery
tech21 days ago

EssilorLuxottica Launches Nuance Audio Plus: FDA-Cleared Hearing Glasses with 10-Hour Battery

EssilorLuxottica has launched the Nuance Audio Plus, a new iteration of its FDA-cleared smart glasses designed as discreet hearing aids for adults with mild to moderate hearing loss. Priced at $829, the new model offers up to 10 hours of battery life, improved voice clarity, and new on-frame controls, including a power slider and volume buttons. The glasses feature two audio modes: 'Frontal' for face-to-face conversations and 'All-Around' for ambient sound, along with three levels of background noise reduction. Unlike competitors, the Nuance Audio Plus lacks cameras and AI features, prioritizing accessibility and a standard-glasses appearance. The original Nuance Audio model remains available at $699.

Meta Unveils Budget Glasses With Built-In AI, Expanding Beyond Ray-Ban Partnership
technology3 months ago

Meta Unveils Budget Glasses With Built-In AI, Expanding Beyond Ray-Ban Partnership

Meta announces a cheaper standalone Meta Glasses starting at $299, built with EssilorLuxottica and featuring a Meta AI button, Muse Spark AI, live translation in 14 languages, open-ear audio, cameras with a privacy ring light, and 8 hours of use (up to 40 extra hours with a foldable charging case). The lineup includes 26 styles across Meta’s store and retailers, while continuing support for Ray-Ban and Oakley partnerships.

Meta Glasses go live at $299 to accelerate AI wearables
technology3 months ago

Meta Glasses go live at $299 to accelerate AI wearables

Meta unveiled Meta Glasses, a $299 line of smart glasses (three designs) built with EssilorLuxottica; they don’t carry Ray-Ban or Oakley branding, lack a built-in display, but include a camera and speakers and tap Meta's AI for translation or scene description and photo/video capture, signaling Meta's push to own a hardware platform for the AI era amid rising competition from Google and Snap.

fashion1 year ago

Giorgio Armani's Legacy: Heirs Prepare to Sell Major Stake Amid Final Collections

Following Giorgio Armani's death, major luxury companies like LVMH, L’Oréal, and EssilorLuxottica have expressed interest in acquiring his fashion group, with potential stakes to be sold over the next few years. Armani's will designates the Armani Foundation to oversee the company's future, emphasizing brand continuity, strategic growth, and cautious diversification, while maintaining control within the family and key partners like Leo Dell'Orco.

EssilorLuxottica Acquires Supreme for $1.5 Billion
business2 years ago

EssilorLuxottica Acquires Supreme for $1.5 Billion

Italian eyewear manufacturer EssilorLuxottica is acquiring streetwear brand Supreme for $1.5 billion from VF Corp, which bought it for $2.1 billion in 2020. The sale reflects limited synergies between Supreme and VF Corp's other brands, and comes as Supreme's popularity has waned. EssilorLuxottica sees the acquisition as a way to connect with new audiences and expand its portfolio.

EssilorLuxottica Acquires Supreme for $1.5 Billion
business2 years ago

EssilorLuxottica Acquires Supreme for $1.5 Billion

EssilorLuxottica has agreed to acquire the Supreme brand from VF Corporation for $1.5 billion in cash. The acquisition is expected to close by the end of the year, subject to regulatory approvals. Supreme, known for its digital-first business and 17 global stores, will join EssilorLuxottica's portfolio, leveraging the eyewear giant's expertise and operating platform. VF Corporation, which bought Supreme for $2.1 billion in 2020, decided to sell due to limited synergies with its integrated model.