As a dedicated follower of both tech and fashion trends, I can’t help but feel excited about the potential partnership between Meta and EssilorLuxottica. The news that Meta is considering buying a 5% stake in EssilorLuxottica, which would make it a partial owner of Supreme and other brands, is intriguing to say the least.
Approximately a week ago, EssilorLuxottica, a leading company in the eyewear industry, made public its intention to acquire Supreme for approximately $1.5 billion USD. With this purchase, EssilorLuxottica will expand its brand collection, which already includes over 150 labels.
Recent news indicates that Meta is preparing to purchase a 5% share in EssilorLuxottica, thereby gaining partial ownership over brands such as Supreme, among others.
I’ve heard through reliable sources at The Wall Street Journal that our tech corporation is currently in negotiations to acquire the stake in question. However, it’s important to note that while these discussions are ongoing, there’s no guarantee that a successful deal will be reached in the end.
Meta currently collaborates with EssilorLuxottica’s Ray-Ban brand for their jointly created smart glasses. These glasses, known as Ray-Ban Meta glasses, feature Ray-Ban frames integrated with Meta’s advanced AI technology.
According to the Wall Street Journal’s report, Meta is considering expanding its partnership with makers of smart glasses by purchasing a smaller share in their companies. This could potentially lead to the development of more such devices.
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2024-07-19 17:26