EssilorLuxottica Slides 0.6% After AI Glasses Launch

EssilorLuxottica SA shares fell 0.63% following Google and Samsung's unveiling of competing AI glasses at Google I/O.
Samsung introduced two AI glasses models with Google, partnering with fashion brand Gentle Monster and Warby Parker, slated for July launch.
Meta's Ray‑Ban Meta series, produced with EssilorLuxottica, still dominates the AI glasses market where Meta holds 85.2% share.
Omdia forecasts AI glasses shipments to reach 8.7 million units in 2026, a 322% increase from 2025, after a 435% surge last year.