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Business & InnovationWednesday 21 October 2026

EssilorLuxottica, the world's leading eyewear company, delivered strong third-quarter results with revenue climbing 7.2% at constant exchange rates—surpassing analyst expectations and showing the business remains resilient even as one of its hottest growth engines is cooling down.

While smart glasses sales still grew a solid 20% in Q3, that's a dramatic pullback from the near-100% growth rate the company posted just three months earlier. Despite the deceleration in this trendy segment, the broader eyewear portfolio proved robust enough to carry the company past Wall Street's forecasts, demonstrating deep competitive advantages across optical frames, sunglasses, and licensed brands. Read the full story →

Today's takeaway: Even when breakthrough products cool, a fundamentally strong business can still deliver growth—a reminder that diversification and brand power matter as much as innovation hype.

Source: live.euronext.com. Ninja News summarises reporting from other outlets, so read the original for the full story.

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