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Innovative Eyewear Announces Key Retail Partnership with Micro Center

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Innovative Eyewear (NASDAQ: LUCY) has announced a new retail partnership with Micro Center, a leading U.S. tech retailer, to expand the distribution of its ChatGPT-enabled smart eyewear products. The partnership includes nationwide in-store presence and online sales through microcenter.com, featuring brands like Lucyd®, Nautica®, Eddie Bauer® and Reebok®.

The collaboration will incorporate Lucyd's customizable interactive displays in Micro Center stores to enhance customer experience and sales performance. The deal was facilitated through Innovative's partnership with Windsor Eyes, their premier optical distributor in the U.S. Micro Center, established in 1979 in Columbus, Ohio, is recognized as a major supplier of information technology, communications, and electronic devices across major U.S. markets.

Innovative Eyewear (NASDAQ: LUCY) ha annunciato una nuova partnership al dettaglio con Micro Center, un importante rivenditore di tecnologia negli Stati Uniti, per ampliare la distribuzione dei suoi prodotti di occhiali intelligenti abilitati per ChatGPT. La partnership prevede una presenza in-store a livello nazionale e vendite online attraverso microcenter.com, con marchi come Lucyd®, Nautica®, Eddie Bauer® e Reebok®.

La collaborazione incorporerà i display interattivi personalizzabili di Lucyd nei negozi di Micro Center per migliorare l'esperienza del cliente e le performance di vendita. L'accordo è stato facilitato attraverso la partnership di Innovative con Windsor Eyes, il loro principale distributore ottico negli Stati Uniti. Micro Center, fondata nel 1979 a Columbus, Ohio, è riconosciuta come un fornitore importante di tecnologie informatiche, comunicazione e dispositivi elettronici in tutti i principali mercati degli Stati Uniti.

Innovative Eyewear (NASDAQ: LUCY) ha anunciado una nueva asociación minorista con Micro Center, un importante minorista de tecnología en EE. UU., para expandir la distribución de sus productos de gafas inteligentes habilitados con ChatGPT. La asociación incluye una presencia en tiendas a nivel nacional y ventas en línea a través de microcenter.com, presentando marcas como Lucyd®, Nautica®, Eddie Bauer® y Reebok®.

La colaboración incorporará las pantallas interactivas personalizables de Lucyd en las tiendas de Micro Center para mejorar la experiencia del cliente y el rendimiento de ventas. El acuerdo fue facilitado a través de la asociación de Innovative con Windsor Eyes, su distribuidor óptico de primera en EE. UU. Micro Center, establecida en 1979 en Columbus, Ohio, es reconocida como un importante proveedor de tecnología de la información, comunicaciones y dispositivos electrónicos en importantes mercados de EE. UU.

Innovative Eyewear (NASDAQ: LUCY)는 미국의 주요 기술 소매업체인 Micro Center와 파트너십을 맺고 ChatGPT 기능이 탑재된 스마트 안경 제품의 배급을 확대한다고 발표했습니다. 이 파트너십에는 전국 매장 내 존재와 microcenter.com을 통한 온라인 판매가 포함되며, Lucyd®, Nautica®, Eddie Bauer® 및 Reebok®과 같은 브랜드가 제공됩니다.

협업은 Micro Center 매장에서 고객 경험과 판매 성과를 향상시키기 위해 Lucyd의 맞춤형 인터랙티브 디스플레이를 통합할 것입니다. 이 계약은 Innovative가 미국의 주요 광학 유통업체인 Windsor Eyes와 협력하여 이루어졌습니다. Micro Center는 1979년 오하이오주 콜럼버스에 설립되었으며, 미국 주요 시장에서 정보 기술, 통신 및 전자 장치의 주요 공급업체로 인식되고 있습니다.

Innovative Eyewear (NASDAQ: LUCY) a annoncé un nouveau partenariat de vente au détail avec Micro Center, un détaillant technologique majeur aux États-Unis, pour étendre la distribution de ses produits de lunettes intelligentes compatibles avec ChatGPT. Ce partenariat comprend une présence en magasin à l'échelle nationale et des ventes en ligne via microcenter.com, mettant en avant des marques telles que Lucyd®, Nautica®, Eddie Bauer® et Reebok®.

La collaboration intégrera les affichages interactifs personnalisables de Lucyd dans les magasins de Micro Center pour améliorer l'expérience client et les performances des ventes. L'accord a été facilité par le partenariat d'Innovative avec Windsor Eyes, leur principal distributeur optique aux États-Unis. Micro Center, fondé en 1979 à Columbus, Ohio, est reconnu comme un fournisseur majeur de technologies de l'information, de communication et de dispositifs électroniques sur les principaux marchés américains.

Innovative Eyewear (NASDAQ: LUCY) hat eine neue Handelspartnerschaft mit Micro Center angekündigt, einem führenden US-Technik-Einzelhändler, um die Verbreitung seiner ChatGPT-fähigen Smartgläserprodukte zu erweitern. Die Partnerschaft umfasst eine nationale Präsenz in Geschäften und Online-Verkäufe über microcenter.com und bietet Marken wie Lucyd®, Nautica®, Eddie Bauer® und Reebok® an.

Die Zusammenarbeit wird die anpassbaren interaktiven Displays von Lucyd in den Micro Center-Filialen integrieren, um das Kundenerlebnis und die Verkaufsleistung zu verbessern. Der Deal wurde durch die Partnerschaft von Innovative mit Windsor Eyes, ihrem führenden optischen Distributor in den USA, ermöglicht. Micro Center, gegründet 1979 in Columbus, Ohio, ist als wichtiger Anbieter von Informationstechnologie, Kommunikation und elektronischen Geräten in allen großen US-Märkten bekannt.

Positive
  • New retail distribution partnership with major tech retailer Micro Center
  • Expansion to nationwide brick-and-mortar presence
  • Implementation of interactive product displays in stores
Negative
  • None.

Insights

The partnership between Innovative Eyewear and Micro Center marks a significant distribution expansion that could substantially impact LUCY's market presence and revenue potential. Micro Center, with its 25 large-format stores in major U.S. markets, provides LUCY with access to a highly targeted customer base of tech enthusiasts and early adopters - precisely the demographic most likely to embrace smart eyewear technology.

The strategic value of this partnership is amplified by three key factors: First, Micro Center's reputation as a premium tech retailer adds credibility to LUCY's products, potentially accelerating market acceptance. Second, the implementation of interactive displays addresses a critical challenge in the smart eyewear category - the need for hands-on product education and demonstration. Third, the partnership validates LUCY's multi-brand strategy, as Micro Center typically selects products with proven market potential.

From a competitive standpoint, securing retail presence in Micro Center positions LUCY alongside established tech brands, potentially elevating its market status. The partnership could serve as a proving ground for broader retail expansion, particularly given Micro Center's sophisticated customer base and their tendency to be influential tech advocates.

While the immediate revenue impact may be moderate due to Micro Center's focused store count, the partnership's true value lies in its potential to drive brand awareness and establish LUCY as a legitimate player in the consumer tech space. The interactive display component is particularly noteworthy, as it addresses the important need for consumer education in the emerging smart eyewear category.

MIAMI, Jan. 30, 2025 /PRNewswire/ -- Innovative Eyewear, Inc. (NASDAQ: LUCY; LUCYW), the developer of ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, announced today that the Company has partnered with Micro CenterTM, one of the leading tech retailers in the United States, to expand its retail reach and bring Lucyd smart eyewear in stores nationwide and online at https://www.microcenter.com/.

In addition to selling Lucyd smart eyewear, Micro Center will be onboarding Lucyd's customizable interactive displays in-store, to deliver a more engaging and informative customer experience, and to enhance sell through.

Founded in 1979 in Columbus, Ohio, Micro Center has grown steadily and profitably. Micro Center is among the nation's leading information technology, communications, and electronic device suppliers, operating large stores in major markets nationwide.

Harrison Gross, CEO & Co-Founder of Innovative Eyewear, commented, "We are thrilled to announce our partnership with Micro Center, one of the leading tech retailers in the U.S., known for its wide selection of cutting-edge technology products and passionate tech-focused customer base. Micro Center is the ideal partner for our smart eyewear, as their customers are early adopters of innovative technology who are eager to experience the latest advancements. Further, Lucyd smart eyewear connects with any Bluetooth-enabled device such as smartphones, laptops, desk tops, and game controllers making it an ideal companion product."

The deal was signed as a result of Innovative's partnership with Windsor Eyes, the Company's premier optical distributor in the US. Paulino Diaz, partner at Windsor Eyes, expressed enthusiasm about the launch, saying "We are thrilled to partner with Micro Center, a trusted name in consumer electronics. Their loyal and forward-thinking customer base is the perfect audience for Lucyd smart eyewear. We believe they will be just as excited as we are to experience the cutting-edge features of this groundbreaking product."

To learn more about Lucyd and Micro Center, visit Lucyd.co or Microcenter.com.

About Innovative Eyewear Inc.

Innovative Eyewear is a developer and retailer of ChatGPT smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth smart 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 www.lucyd.co.

About Micro Center (Micro Electronics, Inc.)

Micro Center is the #1 Tech Retailer in the U.S., and PC Mag Readers' Choice 2024 retailer.
Over 22 million IT professionals, small businesses, local governments, students, engineers, programmers, makers, tech enthusiasts, gamers, and computer product and electronic device customers have relied on Micro Center for their communication and information technology support needs since 1979.

Micro Center is among the nation's leading information technology, communications, and electronic device suppliers, operating twenty-eight large stores in major markets nationwide. Founded in 1979 in Columbus, Ohio, Micro Center has grown steadily and profitably. Our stores are designed to supply the needs of a wide variety of consumers – from small businesses to local schools - with well-trained associates who offer information technology solutions.

Forward Looking Statements

This press release contains certain forward-looking statements, including those relating to the anticipated introduction of new products and features, and timing of improvements and enhancements to our current products. 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. These forward-looking statements include, but are not limited to, statements regarding the expected launch date for the new smart safety eyewear connection. 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 for the year ended December 31, 2024, under the caption "Risk Factors."

Media Contact:
Sai Main
Email: press@society22pr.com

Investor Relations Contact:
Scott Powell
Skyline Corporate Communications Group, LLC
Office: +1 (646) 893-5835
Email: scott@skylineccg.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/innovative-eyewear-announces-key-retail-partnership-with-micro-center-302363778.html

SOURCE Innovative Eyewear, Inc.

FAQ

What retail partnership did Innovative Eyewear (LUCY) announce in January 2024?

Innovative Eyewear announced a partnership with Micro Center to sell their smart eyewear products in stores nationwide and online through microcenter.com.

Which brands of smart eyewear will Micro Center sell under the LUCY partnership?

Micro Center will sell ChatGPT-enabled smart eyewear under the Lucyd, Nautica, Eddie Bauer, and Reebok brands.

How will LUCY products be displayed in Micro Center stores?

Lucyd will implement customizable interactive displays in Micro Center stores to provide an engaging and informative customer experience.

Who facilitated the distribution deal between LUCY and Micro Center?

The deal was facilitated through Innovative Eyewear's partnership with Windsor Eyes, their premier optical distributor in the U.S.

Innovative Eyewear, Inc.

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