Smart Glasses Sales Doubled in the First Nine Months, Yet Manufacturers Are Still Losing Money
Ahead of the Double 11 shopping festival, the smart glasses sector reported strong growth: Ray-Ban parent EssilorLuxottica recorded EUR 486 million in third-quarter wearable revenue, while China's Ministry of Commerce noted a 1.1-fold year-on-year increase in domestic smart glasses sales during the first nine months.