Products exist in our minds but Brands live in our hearts! However, when it comes to eye-wear all the brands seem to live in ONE HEART! One company owns all or most of the brands but you can shop at Fast Sunglasses and get around this eye-wear monopoly! Here is how the story goes.......
It does seem at first that eyewear is an example of competitive capitalism but it is not and in fact is a monopoly in disguise. Luxottica is the world’s largest corporate player in the eyeglasses industry. The company owns more than 30 different brands of frames, including names like Anne Klein, Burberry, DKNY, Oakley, Polo, Ralph Lauren, Ray-Ban, Versace, Abaco, Bolle, Armani Exchange, Dolce & Gabbana, Vogue and many others. Luxottica controls retail shops, including LensCrafters, Pearle Vision, Sears Optical and Target Optical. It also owns the EyeMed Vision Care group, a vision insurance company. It makes all frames in company-owned plants in China and Italy and sells them in about 130 countries.
Luxottica is the proud owner of China’s Modern Sight Optics, a leading Chinese optical retailer. Luxoticca sunglasses and prescription frames fill the shelves for designer brands such as Chanel, Prada, Burberry, Polo Ralph Lauren, Tiffany, Versace, Vogue, Donna Karan, Burberry, Prada, Tory Burch and many many others. Besides LensCrafters, its retail subsidiaries also include Sunglass Hut, Pearle Vision, Sears Optical, Target Optical, BJ’s Optical and Cole Vision Care. More than 200 million Americans are affected by vision loss with the average price for a pair of eyeglasses around $300 & fees only going up!
My bottom line advice to you is buy the Luxoticca stock and spend your money at FastSunglass Designer Eye-wear Discount!