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Meta, EssilorLuxottica unveil Oakley smart glasses

1. EssilorLuxottica partners with Meta for Oakley smart glasses launch. 2. The Oakley Meta HSTN glasses are priced at $399, targeting athletes. 3. New glasses feature advanced tech, improved battery life, and water resistance. 4. Competition in smart glasses market intensifies with rivals like Alphabet and Snap. 5. Limited edition of HSTN glasses available for preorder at $499.

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FAQ

Why Bullish?

The successful partnership with Meta showcases EssilorLuxottica's innovation, potentially increasing sales and market share. Their past success with Gen 2 Ray-Ban Meta glasses supports positive sentiment.

How important is it?

The launch of innovative products like Oakley Meta HSTN aligns with trends in wearable tech, likely boosting EssilorLuxottica's revenues and brand positioning.

Why Long Term?

The growth in smart glasses could sustain increased revenues over the long term, similar to experiences in tech sectors where user engagement drives recurring sales.

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