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...It has also a fairly lucrative eyewear business through licensing deals with sunglass manufacturer Marcolin....
A mid-life eyewear prescription allowed Kate Finnigan to finally express her inner nerd
...A version of this article was first published by Nikkei Asia on October 2. ©2023 Nikkei Inc. All rights reserved....
...According to OryLab Inc, which runs the café, the goal is to use technology to achieve a new form of social participation....
...Most of these — including eco-friendly shoemaker Allbirds and Warby Parker, purveyor of hipster eyewear — remain lossmaking....
...EssilorLuxottica, the much larger eyewear conglomerate, is on a multiple of just 5 times....
...stock still trading in Hong Kong (FT) JPMorgan Chase loosens mask and Covid vaccine rules for US workers (FT) Goldman accused of breaching coal pledge with Peabody deal (FT) Kering buys US high-end eyewear...
...“Lockdown has disrupted the eyewear industry in a good way,” says Butler. “With so much time on Zoom, even more people see eyewear as a fundamental part of their identity....
...Started in 1818 by Henry Sands Brooks, Brooks Brothers is now privately held by the Italian businessman Claudio Del Vecchio, whose father founded the Luxottica eyewear group....
...The two eyewear companies have to make Brussels see things their way to get the deal approved....
...But true augmented-reality eyewear — the kind that can make the wearer believe that the holographic avatar sitting opposite them is really there — is a very different beast to a smartphone....
...Paola Subacchi, professor of international economics at the University of London’s Queen Mary Global Policy Institute, is cautiously optimistic Italy Inc may emerge from lockdown less devastated than many...
...Under chief executive Claudio Del Vecchio, billionaire son of eyewear maker Luxottica’s founder, who acquired the brand from Marks and Spencer in 2001, the clothes and stores have become old-fashioned, and...
...While the ravages of the European debt crisis forced some to sell up and move on, recent events in Italy Inc show that Italians keeping it in the family are still providing the most dramatic corporate sagas...
...“We came on the idea to put it into eyewear pretty quickly and then just ran with it.” Even before getting into the AR applications, there are practical uses for headphone-less headphones....
...Plus, it is in pole position to take an early lead in the emerging field of augmented-reality eyewear, a segment that is expected to quadruple in sales between 2017 and 2022, according to Gartner....
...The lack of such an indicator light on the exterior of Google Glass was one factor that contributed to the privacy backlash that scuppered the futuristic eyewear before it was released to consumers....
...(FT) What else we’re reading EssilorLuxottica’s leap of faith Hailed as one of Europe’s most ambitious cross-border deals, the merger of Italian eyewear company Luxottica with French lensmaker Essilor...
...I now realise that I should have focused not on the skydivers or their eyewear, but on the airship they jumped out of. Brin, the head of Alphabet’s experimental X lab, has a bit of a thing for blimps....
...Mr Spiegel has always insisted Spectacles are a fun experiment in wearable technology at a time when most tech eyewear, from Facebook’s Oculus Rift virtual reality headset to Microsoft’s “mixed reality”...
...executives said that Dollar Tree’s fourth quarter was boosted by a “terrific holiday season” with its Christmas assortment leading the pack, along with categories including candy, snacks, baby products and eyewear...
...Google’s ill-fated effort to move into smart eyewear is back — though shorn of its connections to the search firm, stripped of privacy-invading recording functions, and confined to places like factory floors...
...Several lawyers pointed out that the DoJ recently approved the $50bn union of Luxottica, the world’s leading consumer eyewear group, and Essilor, the biggest lens manufacturer....
...I wrote that he should instead have emulated Leonardo Del Vecchio, founder of the Luxottica eyewear business, who had passed management to trained professionals 10 years earlier....
...Apple has acquired a German company focused on making eye-tracking technology, in the latest signal of its growing interest in virtual- and augmented-reality eyewear....
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