The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Luxottica gets bought out for $24 Billion

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

TKDTyler

The Tea Guy
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Aug 25, 2014
451
1,502
479
29
https://www.nytimes.com/2017/01/16/business/dealbook/luxottica-essilor-merger.html

This is crazy.

For those who don't know, Luxottica is the manufacturer behind all of the following brands:
They also manufacturer all of the following brands frames:
And are the owners of the following retail shops:
With this acquisition, the Essilor/Luxottica duo will become one of the largest monopolies in the world. They control a majority of frame manufacturing, lens production, and even eye care insurance.

Think about that. Having their feet in Lenses, Frames, and insurance leaves only the customer in the product cycle. 100% of the margins go back into the company. Providing insurance allows people to "afford" this designer brands. The insurance money goes back to themselves such that they aren't paying anything out of pocket.

Insane.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Fox's Web Design Guide: Earn $100K this year (Yes, 2020!) and Go Fastlane
I have zero coding skills whatsoever. Are coding skills needed? Will the be learned in the...
  • Sticky
MARKETPLACE How To Create A 100K-1M+ Sales Funnel
@LynX You know, this is a "Marketplace" Thread. Completely appropriate to offer goods and...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Dropping a quick note in here to say... if you are on TFL, you are part of an elite group of...
  • Sticky
MARKETPLACE KAK’s “Kill Bigger” Incubation Program- With DAILY personal attention.
I joined @Kak's business incubator in the first week of May. During our daily chats we uncovered...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
This is your May reminder that you can do this. I'll keep it short. These are the May promos...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
Thanks! This is a cool idea, actually. I would like to use your experience as I heard that these...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
would this be available in paper version? I know it's short, but most of my family is...


Visit A Forum Sponsor
sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom
AdBlock Detected - Please Disable

Yes, ads can be annoying. But please...

...to support the Unscripted/Fastlane mission (and to respect the immense amount of time needed to manage this forum) please DISABLE your ad-block. Thank you.

I've Disabled AdBlock