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Leonardo Maria Del Vecchio Resigns from EssilorLuxottica Amid Family Dispute
Businessla-repubblicadie-presseobservador+3dnevnik-bgANSAinvesting-com2d ago6 sources

Leonardo Maria Del Vecchio Resigns from EssilorLuxottica Amid Family Dispute

Leonardo Maria Del Vecchio has resigned from all his management positions at EssilorLuxottica, the parent company of Ray-Ban, amidst an escalating family dispute over the company's direction. His departure highlights ongoing internal conflicts within the Del Vecchio family regarding the management of Delfin.

Montenegro Marks 20 Years Since Independence Referendum
PoliticsDWindex-hrn1-serbia+8jutarnji-listdanasklix-ban1-bihvijesti-mebalkan-webcdm-memyjoyonline3mo ago11 sources

Montenegro Marks 20 Years Since Independence Referendum

Montenegro celebrated the 20th anniversary of its independence referendum, which led to its separation from Serbia. The nation marked the occasion with various events, including fireworks and receptions, while also reflecting on its journey and ambitions for EU membership.

Veteranerna: ”Radikalt annorlunda krig nu”
Worldsvenska-dagbladet6mo ago

Veteranerna: ”Radikalt annorlunda krig nu”

Han var en av de första svenskarna som åkte ner för att kriga för Ukraina. Nu när det femte krigsåret inleds tar yngre svenskar Christopher Forsbäcks plats. Men det är ett radikalt annorlunda krig de

EssilorLuxottica's US Campaign and the Future of Smart Glasses
Businessla-repubblica1mo ago

EssilorLuxottica's US Campaign and the Future of Smart Glasses

EssilorLuxottica is conducting a US campaign, with CEO Francesco Milleri meeting figures like Mark Zuckerberg, to shape the future of eyewear, particularly in the context of smart glasses like the Meta Glasses, which are noted as the first smart glasses without a Luxottica brand.

Mark Zuckerberg and Priscilla Chan step out in matching Prada loafers at Milan Fashion Week
CultureBusiness Insider6mo ago

Mark Zuckerberg and Priscilla Chan step out in matching Prada loafers at Milan Fashion Week

Priscilla Chan and Mark Zuckerberg wore coordinated loafers to the Prada fashion show. ANGELA WEISS / AFP via Getty Images Mark Zuckerberg and Priscilla Chan attended a Prada fashion show in Milan on Thursday. The pair were spotted wearing coordinated Prada outfits, including his-and-hers loafers. Meta has a deal with EssilorLuxottica, which works with Prada's eyewear line. Mark Zuckerberg's style era has hit a new high. The Meta CEO was spotted in the front row at Prada's Fall/Winter runwa...

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses
Businesszerohedge6mo ago

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses

EssilorLuxottica Logs Worst Week In Nearly Four Years As Apple Eyes AI Smart Glasses Shares of EssilorLuxottica SA are on track for their worst weekly decline in nearly four years, as competition in the smart-glasses market intensified this week following reports that Apple plans to launch AI-powered smart glasses in 2027. EssilorLuxottica manufactures the smart glasses that Meta sells under the Ray-Ban partnership. These glasses are in the sub-$500 category, which proves that affordability wins. Meta nailed that sweet spot in pricing, while Tim Cook's $3,500 Vision Pro has been an epic bust and failed to achieve mass adoption. It's not just Apple. Citigroup analyst Veronika Dubajova noted this week that her team "expects a number of competitive launches in the smart eyewear market over the next 12 to 24 months." Bloomberg-tracked Wall Street analyst ratings show no meaningful wave of downgrades following this week's Apple news, with roughly 93% of covering analysts maintaining a "Buy" recommendation. Stifel analyst Cedric Rossi said that the entry of Apple and Google into the smart-glasses market represents more of a catalyst than a threat. "Their presence should accelerate consumer awareness and expand the total addressable market," he told clients earlier this week, adding that EssilorLuxottica "retains several key competitive advantages." Shares of EssilorLuxottica in Paris are down about 10% this week, marking their largest weekly decline since the first week of March 2022. From the 2025 peak, shares are down 26%. Goldman analyst Jerry Shen recently published a detailed view of the AI and AR glasses supply chain, breaking it down by the companies that supply the critical components behind these devices (see report). Tim Cook blew it with Vision Pro ... Meta takes the win. Apple has to focus on affordability ... Tyler Durden Fri, 02/20/2026 - 08:20

DSS Foils Kidnap Plot and Rescues Victim in Imo State
Politicsguardian-ngvanguard-ng3d ago2 sources

DSS Foils Kidnap Plot and Rescues Victim in Imo State

Nigeria's Department of State Services (DSS) and other security forces successfully foiled a kidnap plot in Imo State, rescuing the victim and neutralizing two suspects while recovering arms and ammunition.

Krajač Makes Statement Amidst Speculation
Politicsjutarnji-list1mo ago

Krajač Makes Statement Amidst Speculation

Krajač has issued a statement, following his arrival at the Croatian Olympic Committee (HOO) from the Ministry of Defense. He has a background working with prominent football figures and under a legendary coach.

Meta Unveils AI Smart Glasses Lineup Starting at $299
Technologyindian-expresschannel-news-asiaseeking-alpha+1express-tribune2mo ago4 sources

Meta Unveils AI Smart Glasses Lineup Starting at $299

Meta has launched a new, cheaper range of AI smart glasses, starting at $299, in collaboration with EssilorLuxottica, including a Kylie Jenner edition. These glasses integrate AI features and are designed to be more accessible, with new reports confirming the lineup's pricing.

EssilorLuxottica Challenges in Smart Glass Sales Growth
BusinessReuterschannel-news-asia4mo ago2 sources

EssilorLuxottica Challenges in Smart Glass Sales Growth

EssilorLuxottica is facing a significant challenge to expand its smart glass sales without negatively impacting its profit margins. The company must navigate this test to ensure sustainable growth in the emerging market.