Meta Expands Wearables Portfolio With Oakley And Prada AI Smart Glasses

Meta’s Bold Foray Into Next-Generation Wearable Technology

In a decisive move that underscores its commitment to innovation, Meta is set to broaden its wearable offerings with the upcoming release of AI-powered smart glasses in collaboration with EssilorLuxottica. By introducing versions under the Oakley and Prada labels, the tech giant is not only reinforcing its stronghold in the smart glasses market but also expanding into the luxury and performance sectors.

Strategic Partnerships And Product Differentiation

Building on the significant success of the second-generation Ray-Ban Meta smart glasses, which debuted in partnership with Luxottica in 2023, Meta is now poised to tap new market segments. The upcoming Oakley model, positioned for athletes and active consumers, promises enhanced weather resistance and advanced functionality, with a projected price point around $360. In parallel, the Prada initiative signals Meta’s first venture into high-fashion wearable hardware, leveraging Prada’s design attributes to accommodate sophisticated tech components such as microphones and chips.

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Commitment To Innovation And Market Leadership

Meta’s strategy mirrors broader industry trends where technology and fashion intersect. The planned launch of the new Oakley model, teased on social media with a June 20 release, follows the proven formula of blending aesthetic appeal with cutting-edge tech features. Investments in the integration of AI functionalities – reminiscent of the Meta AI voice assistant in the Ray-Ban release – position the company to compete robustly against peers like Alphabet and Snap, who are also set to revolutionize the smart eyewear space.

Implications For The Wearable Tech Ecosystem

By extending its partnership with EssilorLuxottica – a conglomerate renowned for its oversight of over 150 prestigious eyewear brands – Meta has secured exclusive rights to integrate its smart glasses technology across a diverse portfolio. This alliance not only promises a streamlined production process but also sets the stage for Meta’s anticipated bulkier third-generation release, aimed at holiday markets, featuring an innovative embedded display.

Outlook And Industry Impact

As Meta continues to push the boundaries in wearable technology, the interplay of design, functionality, and market demand will play a crucial role in shaping its future. With production targets set to climb dramatically, industry leaders are watching closely to gauge the competitive ripple effects across technology and fashion sectors alike.

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European Central Bank Report Highlights Stable Inflation and Economic Outlook

by THEFUTURE.TEAM

October 29, 2025

Overview Of Inflation Trends

The latest European Central Bank survey shows a slight decline in median inflation expectations over the next 12 months, decreasing from 2.8% in August to 2.7% in September. Despite this minor adjustment, consumer perceptions of past 12-month inflation have held steady at 3.1% for the eighth consecutive month. Long-term projections for three- and five-year inflation remain stable at 2.5% and 2.2% respectively.

Consumer Expectations Drive Income And Spending Projections

Across the board, expectations for nominal income growth over the upcoming year have remained consistent at 1.1%. However, there is a noticeable shift in spending behavior: while perceived nominal spending growth for the past year slipped slightly to 4.9% from 5.0%, expectations for spending growth over the next 12 months rose to 3.5%. Notably, lower income groups continue to forecast marginally higher spending increases compared to their higher income counterparts.

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Stability In Economic And Labour Market Outlook

Economic growth expectations are modestly pessimistic, with respondents forecasting a contraction of -1.2% over the next 12 months. Concurrently, anticipated unemployment levels remain unchanged at 10.7% a year ahead, though the outlook varies by income, with lower income households expecting unemployment rates as high as 12.7%, while higher income groups maintain expectations around 9.4%. Overall, the slight difference between current and future unemployment suggests a broadly stable labor market outlook.

Housing Market And Credit Conditions

The survey also reveals an upswing in expectations related to the housing market. Home price growth expectations have edged higher to 3.5%, and anticipated mortgage interest rates have risen modestly to 4.6%. Similar to other metrics, expectations vary by income, with lower income households expecting higher mortgage rates. In recent months, a marginal decline in reported credit tightening over the past 12 months contrasts with a renewed forecast of tighter credit conditions in the forthcoming year.

Conclusion

The ECB’s latest findings underscore the delicate balance between stable long-term economic forecasts and short-term adjustments in consumer expectations. The slight dips in inflation expectations, alongside stable perceptions of past inflation, delineate a marketplace that is both cautious and measured. As income, spending, and housing market metrics continue to evolve, these indicators provide critical insights for policymakers and investors navigating an increasingly complex economic landscape.

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