A Closer Look at the $13B Premium Eyewear Market

Post by rgbrenner » Mon, Oct 09, 2017, 12:44 PM UTC

SyneRyder wrote: post #82

rgbrenner wrote: post #49

Earlier quoted context omitted.

Luxottica offered to buy Oakley, and Oakley refused.. said it was never going to happen. So Luxottica stopped distributing Oakley's products in Sunglass Hut, etc.. which deprived Oakley of the majority of it's revenue, causing their stock to crash. Oakley then accepted a buyout offer from Luxottica. So to answer your question, why are there not better Luxottica competitors.. because when someone produces a good produ…

Did Oakley have their retail outlets at that time? Or did that come after the Luxottica purchase? When I bought my Oakleys last year, most of my research was by browsing in the two Oakley retail stores in my city. Some was from browsing at surfwear stores (as far as I know, Luxottica don't own Rip Curl or City Beach). A small portion of my shopping research was on my (Luxottica-owned) optometrist's website, but I end…

Post by walterbell » Mon, Oct 09, 2017, 1:43 PM UTC

Steve44 wrote: post #110

tech5000 wrote: post #84

As I write this, I am attending SILMO 2017 optical trade show in Paris. I've been attending for a few years and what you see when talking to industry participants is that there is real aversion to business models that can disrupt the industry to lower costs. Frame suppliers that sell to brick-and-mortar shops will very often refuse to sell to e-commerce players, for fear of alienating their brick and mortar accounts…

> Opticians will often refuse to disclose pupillary distance, as a way to prevent their customer from purchasing elsewhere As I understand their logic is that the PD is part of the fitting process for the glasses and not the optical prescription.

Post by [deleted] » Mon, Oct 09, 2017, 2:02 PM UTC

hkmurakami wrote: post #20

If you're ever in Japan or Taiwan, have some glasses made there. JINS in Japan is ~$120 including lenses, lenses ready in 3 hours. Pick up same day. I heard there's a company in Taiwan with a similar business model as well. They're set up to handle tourists, and will handle duty free as well.

Post by Steve44 » Mon, Oct 09, 2017, 3:41 PM UTC

walterbell wrote: post #123

Steve44 wrote: post #110

Earlier quoted context omitted.

> Opticians will often refuse to disclose pupillary distance, as a way to prevent their customer from purchasing elsewhere As I understand their logic is that the PD is part of the fitting process for the glasses and not the optical prescription.

Except that’s not true. PD varies by focal distance (far, near) and is unchanged by any frame. Perhaps they obtain frame measurements at the same time as they measure PD. But the machine is capable of measuring PD alone. Try another store/human.

Post by user-on1 » Mon, Oct 09, 2017, 5:32 PM UTC

dba7dba wrote: post #69

petilon wrote: post #8

The reason glasses cost so much is because one company owns: (1) nearly all brand name frames including Ray-Ban, Oakley, Prada eyewear, Armani eyewear and so on, (2) nearly all retail stores such as LensCrafters, Pearle Vision, Sears Optical and Target Optical and (3) EyeMed, one of the largest vision insurance companies. Luxottica retail brands: http://www.luxottica.com/en/retail-brands Luxottica eyewear brands: htt…

Another monopoly that needs to be broken up... Can you imagine Comcast owning most of the media production companies, all of college/professional sports broadcast rights, internet access for home/business, AND forcing you to rent all personal computers you can use at home? This is exactly what's happening with the eyewear industry.