EssilorLuxottica's Dominant Position in Eyewear Faces Risks -- Market Talk
Dow Jones05-20
0708 GMT - EssilorLuxottica's dominant position in the eyewear industry faces risks due to the surge of smart glasses, analysts at Bernstein say. Google's smart glasses are set to launch in 2027 and will be able to connect to both Android and iOS devices. The products will leverage Google's Gemini AI model. Demand for EssilorLuxottica's smart glasses may have already come under pressure as consumers anticipate product launches by competitors later this year, the brokerage says. Shares are up 0.5%. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
May 20, 2026 03:08 ET (07:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments