The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Luxottica gets bought out for $24 Billion

Learn how to build wealth and win financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)


The Tea Guy
Read Fastlane!
Summit Attendee
Speedway Pass
Aug 25, 2014

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.

Don't like ads? Remove them while supporting the forum: Subscribe to Fastlane Insiders.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Must Read Books...

Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore