EssilorLuxottica's Dominance in Eyewear Could Be Hampered -- Market Talk

Dow Jones03-13

1035 GMT - EssilorLuxottica's dominance in eyewear could soon erode as tech rivals seek to benefit from the boost of smart glasses, analysts at Bernstein say in a research note. The Franco-Italian group has been a first mover in this category, the analysts say, adding that this has bolstered sales growth. Ray-Ban Meta glasses, which EssilorLuxottica makes in partnership with the owner of Facebook, have opened the door for tech giants to enter en masse, Bernstein says. The success of the category could pose a risk for EssilorLuxottica, as sales of traditional eyewear could be reduced, they add. "As consumers will likely favor software functionality and ecosystem integration, EssilorLuxottica faces structural disadvantages versus tech giants," Bernstein says. Shares are down 1.5% at 207.50 euros. (andrea.figueras@wsj.com)

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March 13, 2026 06:35 ET (10:35 GMT)

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