Meta launches UK hub for AI-powered Ray-Ban smart glasses Tech Meta has opened a new £12m audio research lab in Cambridge, aimed at improving the sound capabilities of its AR and AI glasses, including the Ray-Ban Meta and the newly announced Oakley Meta. The move strengthens Meta’s focus on wearable technology that responds intelligently to users’ surroundings. The lab is built to simulate a wide [...]
Ray-Ban owner issues warning after UK sales fall Retail The owner of Ray-Ban has issued a warning over its performance this year after its UK sales and profit fell in 2024. The UK arm of Luxottica Group said the increase in the cost of goods and services is expected to negatively impact its gross and operating profit this year. The group added that the [...]
Ray-Ban owner blames wet British summer for slower sales Fashion "One of the wettest summers in recent history" dimmed the rise in sales at the owner of Ray-Ban in 2023, it has been revealed.