MILAN — Eyewear player House of Modo, the owner of Lapo Elkann’s Italia Independent eyewear brand, in addition to the Modo and Eco labels, has welcomed a minority investment to support its growth while remaining an independent player in the highly polarized eyewear sector. A pool of investors led by the London-based Valiant Asset Management Ltd., an alternative credit investment firm focused on the Western European corporate middle market, has invested $100 million in Modo for an undisclosed minority stake ...

Disclosure of Share Capital and Voting Rights Outstanding as of September 30, 2025 (Pursuant to Article L.233-8 II of the French Commercial Code and articles 221-1 and 223-16 of the General Regulations of the Autorité des Marchés Financiers) Paris, France (October 9, 2025 - 6:00 pm) – As of September 30, 2025, shares and voting rights outstanding of EssilorLuxottica, the global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses, breaks down as indicated below. Se ...

The world’s biggest eyewear maker is positioning itself as a leader in the emerging category of smart glasses, a device that could become as prevalent as an iPhone https://t.co/QCGoEzF96z ...

SILMO Paris attracted over 32,000 visitors from more than 130 countries, with 51% international attendance, making it one of the most important global gatherings for the optical industry. The Company's participation aligns with its strategic focus on international expansion, particularly as smart eyewear adoption accelerates in markets outside the United States, where pedestrian and public transit usage create ideal use cases for open-ear audio and AI assistance. Company Showcased at SILMO's Inaugural Smart ...

French eyewear maker EssilorLuxottica raised its shareholding in Japan's Nikon to 10.75% from 9.62% to become its largest shareholder, it said in a release on Monday. ...

Core Insights - The return of Motley Fool's Supernova investment service is set for October 1st, featuring two portfolios: Supernova Phoenix for retirees and Supernova Odyssey for wage-earning investors [1][20] - The Supernova Stock Exchange will be utilized to identify potential "supernova stocks," which must meet specific criteria, including being an active recommendation in Rule Breakers or having a super score of 75 or more in the new Rule Breakers database [1][20] Company Highlights - **CAVA Holdings**: This Mediterranean-themed restaurant chain is expected to grow revenue at approximately 20% annually over the next three years, with a target of 40% cash-on-cash returns on new restaurant investments, leading to a payback period of about 2.5 years [5][7] - **Camping World**: The leading retailer of recreational vehicles (RVs) in the U.S. has seen a revenue rebound after two years of decline, achieving record unit sales and strong quarterly profits. The company also offers a quarterly dividend yielding over 3% [7][9] - **Warby Parker**: This eyewear company has expanded from an online model to over 250 physical stores, targeting a total of 1,000. The stores have maintained a 35% EBITDA margin, and the company is generating organic cash flow despite competition from online discounters [12][13][16] Market Trends - The RV market is experiencing a resurgence, driven by demographic trends such as the aging population and increasing interest in RV travel among younger consumers [9][11] - Warby Parker's disruption of the traditional eyewear supply chain poses a significant challenge to established players like Luxottica, which dominates the market [16][18] Investment Strategy - The Supernova service aims to leverage a larger pool of stocks and innovative tools to identify high-potential investments, focusing on companies that exhibit "Rule Breaker" characteristics [20][21] - The emphasis on real money portfolios allows for practical learning experiences in capital allocation and risk management, enhancing the investment process for participants [25][26]

Core Insights - Understanding the performance of leading European stocks reveals differences compared to American firms, with Europe excelling in fashion and having notable successes in tech and defense [4][8] - Long-term value creation is essential for sustained performance, with firms that consistently excel in customer value, autonomous networks, and adaptive mindsets outperforming others [4][8] Consistently Poor Performers - Diageo PLC: Overall score 8.2/15.0, TSR/S&P500 at 7%/243% [5] - Bayer: Overall score 8.2/15.0, TSR/S&P500 at 20%/243% [5] - Sanofi S.A.: Overall score 8.5/15.0, TSR/S&P500 at 50%/243% [5] - National Grid: Overall score 8.8/15.0, TSR/S&P500 at 67%/243% [5] - Adidas: Overall score 8.5/15.0, TSR/S&P500 at 173%/243% [5] - Anheuser-Busch InBev: Overall score 8.7/15.0, TSR/S&P500 at 50%/243% [5] Mixed Performers - Nestlé S.A.: Overall score 8.9/15.0, TSR/S&P500 at 55%/243% [6] - British American Tobacco: Overall score 8.9/15.0, TSR/S&P500 at 74%/243% [6] - Unilever PLC: Overall score 8.5/15.0, TSR/S&P500 at 94%/243% [6] - Allianz: Overall score 9.3/15.0, TSR/S&P500 at 133%/243% [6] - L'Oréal: Overall score 10.2/15.0, TSR/S&P500 at 168%/243% [6] - HSBC Holdings: Overall score 8.7/15.0, TSR/S&P500 at 203%/243% [6] Consistently Successful Firms - EssilorLuxottica: Overall score 10.5/15.0, TSR/S&P500 at 204%/243% [7] - AXA: Overall score 9.0/15.0, TSR/S&P500 at 218%/243% [7] - Novo Nordisk: Overall score 11.2/15.0, TSR/S&P500 at 103%/243% [7] - Enel: Overall score 9.0/15.0, TSR/S&P500 at 246%/243% [7] - LVMH: Overall score 10.8/15.0, TSR/S&P500 at 291%/243% [7] - Relx: Overall score 9.8/15.0, TSR/S&P500 at 296%/243% [7] - AstraZeneca: Overall score 10.0/15.0, TSR/S&P500 at 300%/243% [7] High Performers - Iberdrola: Overall score 9.2/15.0, TSR/S&P500 at 307%/243% [9] - Siemens: Overall score 10.2/15.0, TSR/S&P500 at 309%/243% [9] - Airbus: Overall score 10.2/15.0, TSR/S&P500 at 312%/243% [9] - SAP: Overall score 11.0/15.0, TSR/S&P500 at 357%/243% [9] - Zurich Insurance Group: Overall score 9.2/15.0, TSR/S&P500 at 370%/243% [9] - Münchener Rück: Overall score 9.4/15.0, TSR/S&P500 at 402%/243% [9] - Linde PLC: Overall score 10.0/15.0, TSR/S&P500 at 424%/243% [9] - ABB: Overall score 10.2/15.0, TSR/S&P500 at 444%/243% [9] - Schneider Electric: Overall score 10.5/15.0, TSR/S&P500 at 486%/243% [9] - Hermes: Overall score 11.0/15.0, TSR/S&P500 at 546%/243% [9] - Rheinmetall: Overall score 9.5/15.0, TSR/S&P500 at +1000%/243% [9] - ASML: Overall score 11.5/15.0, TSR/S&P500 at 1070%/243% [9]

Core Insights - Meta Platforms is experiencing strong financial performance, driven significantly by its advancements in artificial intelligence (AI) [1][2] - The company is focusing on AI-powered initiatives that enhance its advertising business, streamlining processes and increasing engagement [2][9] AI Glasses Opportunity - CEO Mark Zuckerberg believes AI glasses represent the ideal form factor for AI, allowing real-time interaction with the environment [4] - Meta has partnered with EssilorLuxottica to launch AI glasses, with sales of Ray-Ban AI glasses increasing over 200% year-over-year in the first half of 2025 [5][6] - Despite AI glasses currently representing a small portion of total sales, there is potential for significant growth, with over two million units sold since launch in October 2023 and plans to ramp up production to 10 million units annually [6][8] Market Potential - The global market for glasses is vast, with over a billion wearers, suggesting a substantial opportunity for AI glasses to become mainstream [7] - If AI glasses become the norm, individuals without them may face cognitive disadvantages, further driving demand [7][8] - Meta's investments in AI and partnerships position it well to capitalize on this emerging market [8] Broader AI Impact - The company aims to fully automate the ad launch process by next year, which could enhance ad demand and overall revenue growth [9] - Meta also has additional growth avenues, including business messaging on WhatsApp and a robust social media ecosystem [9] Future Outlook - The AI glasses strategy warrants close attention as it evolves over the next five years, indicating a promising growth trajectory for Meta Platforms [10]

Core Insights - EssilorLuxottica's Essilor Stellest lens is the first FDA market authorized spectacle lens in the U.S. that is clinically proven to slow myopia progression in children [1][2] - The lens has shown an average reduction of 71% in myopia progression over two years in clinical trials [1][5] - The company aims to address the global myopia epidemic, with plans to make the lens available to U.S. eyecare professionals shortly [1][3] Company Developments - EssilorLuxottica has been conducting research in myopia for over four decades, leading to the launch of the Essilor Stellest lens, which is now used by millions of children globally [3] - The lens represents a significant advancement in vision care, evolving traditional corrective lenses into a medical treatment for myopia [2][3] - The FDA's market authorization is seen as a major milestone for the company in its mission to enhance eye health and empower individuals [2] Industry Context - The myopia epidemic is projected to affect half of the global population by 2050, with 740 million children potentially impacted [4] - In North America, over 40% of adults and 25% of children aged 6 to 19 are affected by myopia, with increasing prevalence noted in recent studies [4]

Summary of Meta Platforms Inc (META.O) Conference Call Company Overview - **Company**: Meta Platforms Inc (META.O) - **Industry**: Technology, specifically focusing on AI and smart glasses Key Points and Arguments 1. **AI Smart Glasses Launch**: Meta launched three new AI smart glasses at the Connect event, which are seen as a strategic move towards broader AI device adoption. The glasses are expected to reach a tipping point in adoption by 2026 due to their form factors and price points [1][4] 2. **Product Features**: The new Meta Ray-Ban Display glasses feature a heads-up display and Neural Band integration, enhancing user experience and showcasing multiple potential use cases as technology evolves [1][4] 3. **Market Potential**: The glasses are viewed as a natural extension of AI technology, with the potential to significantly enhance the internet user experience as superintelligence develops [1][4] 4. **Sales Growth**: Ray-Ban Meta sales grew over 300% year-over-year in the first half of 2025, with production plans to reach approximately 10 million Meta glasses annually by the end of 2026 [4][5] 5. **Adoption Curves**: Management noted that the adoption curves for the glasses are comparable to some of the most successful technology products historically, indicating strong future demand [4][5] 6. **Product Roadmap**: Meta's short-, medium-, and long-term product roadmap is expected to drive continued engagement, monetization gains, and margin expansion through strategic AI investments [1][4] 7. **Financial Projections**: The target price for Meta shares is set at $915, based on a projected GAAP EPS of $32.08 for 2026, implying a valuation of approximately 28.5 times the earnings [8][9] 8. **Revenue Growth**: Total revenue is projected to grow significantly, with advertising revenue expected to reach $193.7 billion by 2025 and $264 billion by 2027 [9] 9. **AI Integration**: Meta's AI initiatives are enhancing user engagement across platforms, with notable increases in time spent on Facebook and Instagram due to AI content recommendations [8][9] 10. **Long-term Vision**: CEO Mark Zuckerberg envisions AR glasses potentially replacing smartphones, with AI serving as the operating system, while VR could redefine entertainment experiences [7][8] Additional Important Content - **Product Pricing**: The new glasses are priced competitively, with the Gen 2 Ray-Ban starting at $379, the Oakley Meta Vanguard at $499, and the Meta Ray-Ban Display at $799 [5][6] - **Live AI Features**: The glasses will include features powered by Meta AI, such as live captions, translations, and message sending capabilities, enhancing their utility in daily life [7] - **Market Capitalization**: Meta's market cap is reported at approximately $1.95 trillion, reflecting its significant position in the tech industry [4] This summary encapsulates the key insights from the conference call regarding Meta Platforms Inc's strategic direction, product offerings, and financial outlook, highlighting the company's focus on AI and smart glasses as pivotal to its future growth.