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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:
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.
This is crazy.
For those who don't know, Luxottica is the manufacturer behind all of the following brands:
- Alain Mikli
- Arnette
- Eye Safety Systems (ESS)
- Oakley
- Oliver Peoples
- Persol
- Ray-Ban
- Sferoflex
- Vogue Eyewear
- Giorgio Armani
- Brooks Brothers
- Bulgari
- Burberry
- Chanel
- Coach
- Dolce & Gabbana
- DKNY
- Michael Kors
- Miu Miu
- Polo Ralph Lauren
- Paul Smith Spectacles
- Prada
- Ralph Lauren
- Starck Eyes
- Tiffany & Co.
- Tory Burch
- Versace
- Sunglass Hut International
- Apex by Sunglass Hut
- LensCrafters
- Pearle Vision
- Sears Optical
- Target Optical
- OPSM
- ILORI
- EyeMed Vision Care
- Optical Shop of Aspen
- Laubman & Pank
- GMO
- Oliver Peoples
- Alain Mikli
- Oakley
- David Clulow
- Glasses.com
- Econópticas
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.
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