Latest news with #HarrisonGross
Associated Press
3 days ago
- Business
- Associated Press
Innovative Eyewear, Inc. Announces Exciting New Features for the Lucyd ChatGPT App
MIAMI, May 29, 2025 /PRNewswire/ -- Innovative Eyewear, Inc. ('Innovative Eyewear' or the 'Company') (NASDAQ: LUCY; LUCYW), the manufacturer of smart eyewear under the Lucyd®, Lucyd Armor®, Reebok®, Eddie Bauer® and Nautica® brands, is pleased to announce a powerful new update to the Company's Lucyd app for iOS and Android. The Lucyd app was the first to enable voice access to ChatGPT in smart eyewear, and the Company believes these latest enhancements further advance its market position as a leader in smart eyewear. Below are the new updates: Harrison Gross, CEO of Innovative Eyewear, said 'We are advancing our goal to make the Lucyd app a powerful companion to our products, that enhances user enjoyment and product utility. While Lucyd frames are a device-agnostic accessory that provides a valuable interface for the majority of computing platforms, the app provides a deeper feature set for the power user, giving them an attractive and streamlined range of smart features to expand their Lucyd Eyewear experience. The app is also an incredible platform enabling us to develop specific features for different segments of the smart eyewear market, such as the Walkie feature for Lucyd Armor, and are planned fitness utilities to complement our Reebok smart eyewear.' In advance of any significant marketing effort, the Lucyd app has been downloaded approximately 15,000 times. A paid Pro version of the app allows users to subscribe for $7.99/month to raise the number of ChatGPT queries permitted per day from 30 to unlimited and provides the ability to create secure Walkie channels for business applications. To see the Lucyd app in action or download it, visit or search 'Lucyd' in the App Store or Google Play Store. About Innovative Eyewear, Inc. Innovative Eyewear is a developer of cutting-edge ChatGPT enabled smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more and explore our continuously evolving collection of smart eyewear, please visit Forward Looking Statements This press release contains certain forward-looking statements, including those relating to the Lucyd app. Forward-looking statements are based on the Company's current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, 'anticipate,' 'believe,' 'continue,' 'estimate,' 'expect,' 'future,' 'intend,' 'may,' 'outlook,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'will,' 'would' and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 10-K under the caption 'Risk Factors.' Investor Relations Contact: Scott Powell Skyline Corporate Communications Group, LLC Office: +1 (646) 893-5835 Email: [email protected] View original content to download multimedia: SOURCE Innovative Eyewear, Inc.
Yahoo
14-05-2025
- Business
- Yahoo
What's Going On With Innovative Eyewear Stock On Wednesday?
Innovative Eyewear, Inc. (NASDAQ:LUCY) shares are trading higher in the premarket session on Wednesday. On Tuesday, the company reported earnings per share of 72 cents loss, beating the Street estimate of 73 cents loss. Quarterly sales of $454.50 thousand (up 19% year over year) missed the analyst consensus estimate of one million dollars. This increase was primarily attributable to growth in unit sales volume, driven by product launches during 2024 of the co-branded Nautica Powered by Lucyd and Eddie Bauer Powered by Lucyd collections and the Lucyd Armor safety smart glasses line. The gross profit margin for the quarter was 49%, compared with 2% in the year-ago period, driven by lower cost of frames and lower prescription lens fulfillment cost.'As we look ahead to the rest of 2025, we believe we are well positioned to build on our momentum and significantly grow total revenues and market share,' said Harrison Gross, CEO of Innovative Eyewear. Gross highlighted the company's potential in the newly launched Reebok product line, which expanded its portfolio to include smart glasses for active lifestyles and the continued significant traction of the Lucyd ArmorTM smart safety glasses. 'Both product lines address vast subsets of the eyewear market which were previously underserved by smart eyewear providers,' the CEO added. According to Benzinga Pro, LUCY stock has lost over 50% in the past year. Price Action: LUCY shares are trading higher by 53% to $3.030 premarket at last check on Wednesday. Check This Out:Image by Sutthiphong Chandaeng via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? This article What's Going On With Innovative Eyewear Stock On Wednesday? originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Fashion Network
29-04-2025
- Business
- Fashion Network
Innovative Eyewear launches Reebok Smart Eyewear
Innovative Eyewear, Inc. announced on Monday the global launch of Reebok Smart Eyewear. Reebok Powered by Lucyd smart eyewear features custom high-fidelity speakers, powerful amplifiers, and equalizers specifically tuned for outdoor activities and sports environments, to deliver audio clarity while maintaining environmental awareness. "We believe this launch represents a watershed moment for the entire smart eyewear category," said Harrison Gross, CEO of Innovative Eyewear. "We're pioneering the smart sport eyewear segment with AI-integrated eyewear that enhances athletic performance, while fulfilling our longstanding mission to deliver smart upgrades to every major type of eyewear: sunglasses, optical, sport, and safety.' To kick off its international growth, Innovative Eyewear has partnered with MTB Mexico, a leading technology distributor across Latin America. This partnership is the first of several planned collaborations with major distributors worldwide, aiming to bring Reebok Smart Eyewear to sporting goods retailers, optical shops, and consumer electronics stores across multiple continents. "We are extremely proud to partner with Innovative Eyewear to bring Reebok Smart Eyewear to the Latin American market," said Mauricio Avelar, director general at MTB Mexico. "This innovative product perfectly complements our portfolio and meets growing consumer demand for smart, lifestyle-integrated technology across our distribution network, including major retailers in Mexico.' For the launch, former Manchester City football star and current sports analyst Micah Richards has been named a brand ambassador for Lucyd and is featured in promotional materials for Reebok. "In my career, both on the pitch and now as a broadcaster, I've always prioritized performance and style," said Richards. "What impressed me most about Reebok Smart Eyewear isn't just how good they look — it's that I can stay connected without losing awareness of what's happening around me. Whether I'm cycling through the city, hitting the gym, or calling a match, these glasses keep me in tune with both my surroundings and my digital life in a way that traditional headphones never could.'
Fashion Network
28-04-2025
- Business
- Fashion Network
Innovative Eyewear launches Reebok Smart Eyewear
Innovative Eyewear, Inc. announced on Monday the global launch of Reebok Smart Eyewear. Reebok Powered by Lucyd smart eyewear features custom high-fidelity speakers, powerful amplifiers, and equalizers specifically tuned for outdoor activities and sports environments, to deliver audio clarity while maintaining environmental awareness. "We believe this launch represents a watershed moment for the entire smart eyewear category," said Harrison Gross, CEO of Innovative Eyewear. "We're pioneering the smart sport eyewear segment with AI-integrated eyewear that enhances athletic performance, while fulfilling our longstanding mission to deliver smart upgrades to every major type of eyewear: sunglasses, optical, sport, and safety.' To kick off its international growth, Innovative Eyewear has partnered with MTB Mexico, a leading technology distributor across Latin America. This partnership is the first of several planned collaborations with major distributors worldwide, aiming to bring Reebok Smart Eyewear to sporting goods retailers, optical shops, and consumer electronics stores across multiple continents. "We are extremely proud to partner with Innovative Eyewear to bring Reebok Smart Eyewear to the Latin American market," said Mauricio Avelar, director general at MTB Mexico. "This innovative product perfectly complements our portfolio and meets growing consumer demand for smart, lifestyle-integrated technology across our distribution network, including major retailers in Mexico.' For the launch, former Manchester City football star and current sports analyst Micah Richards has been named a brand ambassador for Lucyd and is featured in promotional materials for Reebok. "In my career, both on the pitch and now as a broadcaster, I've always prioritized performance and style," said Richards. "What impressed me most about Reebok Smart Eyewear isn't just how good they look — it's that I can stay connected without losing awareness of what's happening around me. Whether I'm cycling through the city, hitting the gym, or calling a match, these glasses keep me in tune with both my surroundings and my digital life in a way that traditional headphones never could.'
Fashion Network
28-04-2025
- Business
- Fashion Network
Innovative Eyewear launches Reebok Smart Eyewear
Innovative Eyewear, Inc. announced on Monday the global launch of Reebok Smart Eyewear. Reebok Powered by Lucyd smart eyewear features custom high-fidelity speakers, powerful amplifiers, and equalizers specifically tuned for outdoor activities and sports environments, to deliver audio clarity while maintaining environmental awareness. "We believe this launch represents a watershed moment for the entire smart eyewear category," said Harrison Gross, CEO of Innovative Eyewear. "We're pioneering the smart sport eyewear segment with AI-integrated eyewear that enhances athletic performance, while fulfilling our longstanding mission to deliver smart upgrades to every major type of eyewear: sunglasses, optical, sport, and safety.' To kick off its international growth, Innovative Eyewear has partnered with MTB Mexico, a leading technology distributor across Latin America. This partnership is the first of several planned collaborations with major distributors worldwide, aiming to bring Reebok Smart Eyewear to sporting goods retailers, optical shops, and consumer electronics stores across multiple continents. "We are extremely proud to partner with Innovative Eyewear to bring Reebok Smart Eyewear to the Latin American market," said Mauricio Avelar, director general at MTB Mexico. "This innovative product perfectly complements our portfolio and meets growing consumer demand for smart, lifestyle-integrated technology across our distribution network, including major retailers in Mexico.' For the launch, former Manchester City football star and current sports analyst Micah Richards has been named a brand ambassador for Lucyd and is featured in promotional materials for Reebok. "In my career, both on the pitch and now as a broadcaster, I've always prioritized performance and style," said Richards. "What impressed me most about Reebok Smart Eyewear isn't just how good they look — it's that I can stay connected without losing awareness of what's happening around me. Whether I'm cycling through the city, hitting the gym, or calling a match, these glasses keep me in tune with both my surroundings and my digital life in a way that traditional headphones never could.'
