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Innovative Eyewear, Inc. Announces 345-Store Rollout with FYihealth Group

Key Takeaway: Innovative Eyewear, Inc. has announced a partnership with FYihealth group to launch Lucyd Armor® smart safety eyewear in 345 stores across Canada. This rollout marks the first national introduction of Lucyd products in the Canadian optical market, aiming to enhance accessibility and affordability for consumers. The initial product placement is set to begin in Q3 2026.
Price reaction · baseline $1.24 (2026-07-06 close) · hit pre-market · clean, no other LUCY news in the window
day 0 close · peak
+2.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Significant expansion into Canada's optical market.
  • Partnership with FYihealth group enhances accessibility of smart eyewear.
  • Potential for increased sales through 345-store rollout.

Full Press Release Details

MIAMI,July 7, 2026/PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ:LUCY; LUCYW), the developer & manufacturer of smart eyewear under the Lucyd®, Lucyd Armor®, Reebok®, Eddie Bauer® and Nautica® brands, is pleased to announce a significant new retail launch with FYihealth group, operators of the FYidoctors optical chain, and other optical retail brands such as Visique, Solis Optics, and BonLook. FYihealth group has recently launched Visiguard, which is their branded program for prescription safety eyewear. The program is available across all FYidoctors and Visique locations, predominantly in Canada and California. This represents a significant expansion of Innovative Eyewear's optical retail presence and is the first national launch of Lucyd products to Canada's $4.5bn optical market.
The partnership is centered on the 2026 rollout of Lucyd Armor® smart safety eyewear in 345 FYidoctors and Visique clinics. Initial product placement is expected to commence in Q3 2026.
The partnership is centered on the 2026 rollout of Lucyd Armor® smart safety eyewear in 345 FYidoctors and Visique clinics. Initial product placement is expected to commence in Q3 2026.
"We are very excited about the potential of this relationship to make smart safety eyewear more accessible and affordable across Canada," said Harrison Gross, CEO of Innovative Eyewear. "FYihealth group is an excellent partner for us, as bespoke eye care is an essential component of smartglass adoption by their most natural users—those who wear eyeglasses every day. Unlike many other smart accessories, smart eyewear is also a medical device that benefits significantly from the personalized touch of an eye care professional. With this partnership, we have made it easier than ever for Canadian patients to Upgrade Your Eyewear® with our incredible smart features, while also receiving precise vision correction and protection from FYihealth group's extensive Canadian lab capabilities.""We are thrilled to be partnering with Innovative Eyewear to bring Lucyd Armor® smart safety eyewear to our customers across Canada," said Scott Shaw, VP of Retail and Merchandising at FYihealth group. "This collaboration is a meaningful step toward expanding our offering within our Visiguard safety program and making smart safety eyewear more accessible to Canadians. We look forward to offering our patients this innovative technology through our network of eye care professionals."

About Innovative Eyewear, Inc.

Innovative Eyewear is a developer & manufacturer of cutting-edge ChatGPT enabled smart eyewear, under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. True to our mission toUpgrade 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, sunglass, sporting goods and safety eyewear markets. To learn more and explore our continuously evolving collection of smart eyewear, please visitwww.lucyd.co.

About FYihealthgroup

FYihealth group is Canada's leading diversified healthcare organization comprised of FYidoctors, Visique, BonLook, and solis optics. Doctor-led, professionally managed, and patient-focused, the organization concentrates on delivering outstanding eye care with patient-centric products and services. Platinum member of Canada's Best Managed Companies, certified as a Great Place to Work® in both Canada and the USA, and named on Globe & Mail's Report on Business' Canada's Top Growing Companies list for five consecutive years, the organization operates over 370 locations across Canada and the USA. Rooted in a mission to enhance lives, FYihealth group supports a wide array of philanthropic causes and initiatives. Key programs include the FYidoctors Mobile Optometry Clinic - designed to bring high-quality, patient-first eye care directly to underserved communities across Canada - as well as support for the next generation of optometrists through funding and partnerships with the University of Waterloo School of Optometry and Vision Science, the École d'optométrie de l'Université de Montréal, and the New England College of Optometry (NECO). For more information, please visitwww.fyihealthgroup.com.

Forward Looking Statements

This press release contains certain forward-looking statements, including those relating to retail partners. 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."
Skyline Corporate Communications Group, LLCScott Powell, President1177 Avenue of the Americas, 5th FloorNew York, NY 10036Office: +1 (646) 893-5835Email:[email protected]
Judy MorganDirector, CommunicationsFYihealth group[email protected]

Frequently Asked Questions

What is the Lucyd Armor® smart eyewear?

Lucyd Armor® smart eyewear is a new line of smart safety eyewear developed by Innovative Eyewear.

When will the product placement begin?

Initial product placement for Lucyd Armor® is expected to commence in Q3 2026.

How many stores will feature Lucyd products?

Lucyd products will be rolled out in 345 FYidoctors and Visique clinics.

Where is the rollout taking place?

The rollout will primarily occur in Canada and California.

Last updated: Jul 7, 2026