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Innovative Eyewear Launches Reebok® Smart Eyewear

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Innovative Eyewear Inc. (NASDAQ: LUCY) has launched Reebok Smart Eyewear, expanding its portfolio of smart eyewear brands. The product will be initially available worldwide on Lucyd.co, with expanded availability expected on Reebok.com and select retailers later this quarter.

The smart eyewear features custom high-fidelity speakers, powerful amplifiers, and equalizers specifically tuned for outdoor activities and sports environments. The company has secured a distribution partnership with MTB Mexico for Latin American market penetration, marking the first of planned global distribution collaborations.

Former Manchester City footballer and Olympic athlete Micah Richards serves as brand ambassador for the launch. The product launch positions Innovative Eyewear in the smart glasses market, projected to reach $13 billion worldwide by 2030.

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Positive

  • Entry into the growing $13B smart glasses market by 2030
  • Strategic distribution partnership with MTB Mexico for Latin American market expansion
  • Cross-category appeal attracting both sporting goods and consumer electronics retailers
  • Celebrity endorsement from former Olympic athlete Micah Richards

Negative

  • Heavy reliance on future retail partnerships for expanded distribution
  • Entering a competitive market with established players

Insights

LUCY's Reebok Smart Eyewear launch targets $13B market with sports-focused audio tech; represents strategic category expansion with established brand partner.

Innovative Eyewear's launch of Reebok Smart Eyewear marks a strategic expansion into the sport segment of the smart eyewear market, estimated to reach $13 billion by 2030. The company is effectively leveraging its existing Lucyd technology while capitalizing on Reebok's established athletic brand reputation.

The product's technical specifications reveal a sports-focused approach with custom high-fidelity speakers, amplifiers, and equalizers specifically tuned for outdoor activities. The emphasis on maintaining environmental awareness addresses a critical safety need for athletes compared to traditional headphones that block external sounds.

This launch completes LUCY's strategic portfolio coverage across all major eyewear categories: sunglasses, optical, sport, and safety. By introducing AI-integrated eyewear designed to enhance athletic performance, the company is creating a distinctive niche within the broader smart eyewear market.

The market positioning is particularly noteworthy - by bridging technology and athletics, LUCY has created a product with cross-category retail potential spanning both sporting goods and consumer electronics channels. This versatility in retail placement could significantly expand their market reach beyond traditional eyewear distribution channels.

The celebrity endorsement from former Manchester City star Micah Richards adds credibility within their target demographic, specifically highlighting the product's unique value proposition of maintaining situational awareness while staying connected - a differentiator from traditional audio solutions.

LUCY implements phased global retail strategy for Reebok Smart Eyewear, capturing direct sales margins first before expanding through strategic distribution partnerships.

Innovative Eyewear has implemented a sophisticated multi-phase retail distribution strategy for their Reebok Smart Eyewear launch. The initial availability exclusively through Lucyd.co maximizes profit margins during the critical launch period, with planned expansion to Reebok.com and select retailers later this quarter - a calculated approach to balance direct-to-consumer economics with broader market reach.

Their partnership with MTB Mexico represents the first in a series of planned international distribution collaborations, establishing an immediate foothold in Latin America through an established technology distributor with connections to major regional retailers. This indicates a methodical approach to global expansion rather than an opportunistic one.

The cross-category merchandising potential of this product is significant. The company has attracted interest from both sporting goods retailers and consumer electronics chains across multiple continents, positioning the product at the intersection of fashion, technology, and athletic performance. This versatility in retail placement strategy creates multiple revenue streams and mitigates channel-specific risks.

The company's approach demonstrates retail channel sophistication by targeting diverse environments from premium optical shops to high-end electronics stores. This reflects an understanding that smart eyewear requires different merchandising approaches than traditional eyewear.

The same-day YouTube launch event with special promotional pricing indicates a coordinated marketing approach to drive initial consumer adoption and create momentum for the retail expansion planned later in the quarter.

MIAMI, April 28, 2025 /PRNewswire/ -- Innovative Eyewear Inc. (NASDAQ: LUCY), the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced the launch of Reebok Smart Eyewear, available worldwide on Lucyd.co. Expanded availability is expected later this quarter on Reebok.com and select online and traditional retailers.

A Landmark Product Launch

The global smart glasses market is projected to reach approximately $13 billion worldwide by 20301. We believe Reebok Powered by Lucyd smart eyewear positions Innovative Eyewear at the forefront of this rapidly accelerating transition from traditional eyewear to smart, connected, voice-powered solutions.

Reebok smart eyewear features custom high-fidelity speakers, powerful amplifiers, and equalizers specifically tuned for outdoor activities and sports environments, deliver exceptional audio clarity while maintaining environmental awareness—a critical safety feature for athletes and urban pedestrians.

"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."

Global Distribution Strategy

Innovative Eyewear has a global distribution strategy beginning with MTB Mexico, a premier technology distributor across Latin America.

"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."

This partnership marks the first in a series of planned collaborations with leading distributors worldwide.

The product's cross-category appeal has generated significant interest from both sporting goods retailers and consumer electronics chains across multiple continents, reflecting its unique position at the intersection of fashion, technology, and athletic performance. This versatility positions Reebok Smart Eyewear for success across diverse retail environments, from premium optical shops to high-end electronics stores.

Celebrity Endorsement

Micah Richards, former Manchester City football star and Olympic athlete turned sports analyst, is a brand ambassador for Lucyd and is featured prominently in launch photography and promotional materials for the Reebok smart eyewear line.

"In my career, both on the pitch and now as a broadcaster, I've always prioritized performance and style," said Mr. 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."

Order your pair at Lucyd.co, and join us for a live YouTube launch event with a special promo offer at noon EST today, April 28, 2025.

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 www.lucyd.co.

About Reebok

Reebok is an iconic and irreverent sports culture brand with a rich and storied fitness heritage dating back to 1895. Founded on athletic footwear that changed the direction of sport, Reebok continues to introduce innovations that propel the industry forward. Today, Reebok sits at the intersection of active, lifestyle and sport, offering high quality and modern styles that are adaptable for every occasion. The brand strives to deliver every athlete, from professionals to enthusiasts, with the opportunity, products and inspiration to reach their full potential. Reebok currently operates in 80 countries with approximately 400 freestanding stores around the world.

For more information, visit Reebok.com or, for the latest news at News.Reebok.com. Discover Reebok on Instagram, Twitter and Youtube.

Forward-Looking Statements

This press release contains certain forward-looking statements, including those relating to the anticipated launch of Reebok Powered by Lucyd and our position in the smart eyewear market. 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 under the caption "Risk Factors."

Citation
1) https://www.grandviewresearch.com/industry-analysis/smart-glass-market#:~:text=The%20global%20smart%20glass%20market%20is%20expected%20to%20grow%20at,USD%2012.76%20billion%20by%202030.

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

Media Contact:
Society22 PR
Email: Lucyd@society22pr.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/innovative-eyewear-launches-reebok-smart-eyewear-302439625.html

SOURCE Innovative Eyewear, Inc.

FAQ

What are the key features of Reebok Smart Eyewear by LUCY?

Reebok Smart Eyewear features custom high-fidelity speakers, powerful amplifiers, and equalizers tuned for outdoor activities, providing audio clarity while maintaining environmental awareness for athletes and urban pedestrians.

Where can I buy Reebok Smart Eyewear (LUCY stock) products?

Reebok Smart Eyewear is available worldwide on Lucyd.co, with planned expansion to Reebok.com and select online and traditional retailers later in the quarter.

What is LUCY's global distribution strategy for Reebok Smart Eyewear?

LUCY has partnered with MTB Mexico for Latin American distribution, marking the first of planned global partnerships with leading distributors worldwide.

Who is the brand ambassador for LUCY's Reebok Smart Eyewear?

Micah Richards, former Manchester City football star and Olympic athlete turned sports analyst, serves as the brand ambassador for the Reebok smart eyewear line.

What is the market potential for LUCY's smart glasses products?

The global smart glasses market is projected to reach approximately $13 billion worldwide by 2030, positioning LUCY at the forefront of the transition to smart, connected eyewear solutions.
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