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Sticker shock: Why are glasses so expensive?

One factor: the world's largest eyewear company, the Italian firm Luxottica, controls a big chunk of the business. Lesley Stahl reports.

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TIFFANY & CO TF2044B 8127 Eyewear FRAMES RX Optical Eyeglasses Glasses New ITALY $161.74

TIFFANY & CO TF2044B 8127 Eyewear FRAMES RX Optical Eyeglasses Glasses New ITALY

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TIFFANY & CO TF2051B 8134 Eyewear FRAMES RX Optical Eyeglasses Glasses New ITALY $161.74

TIFFANY & CO TF2051B 8134 Eyewear FRAMES RX Optical Eyeglasses Glasses New ITALY

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MAX & CO. 13 30403727 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New $91.42

MAX & CO. 13 30403727 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New

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TIFFANY & CO TF2042 8001 Eyewear FRAMES RX Optical Eyeglasses Glasses ITALY New $173.46

TIFFANY & CO TF2042 8001 Eyewear FRAMES RX Optical Eyeglasses Glasses ITALY New

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MAX & CO. 308 QFF Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED New BNIB $91.42

MAX & CO. 308 QFF Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED New BNIB

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TIFFANY & CO TF1109-H-B 6098 Eyewear FRAMES RX Optical Eyeglasses Glasses ITALY $161.74

TIFFANY & CO TF1109-H-B 6098 Eyewear FRAMES RX Optical Eyeglasses Glasses ITALY

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TIFFANY & CO TF1074-B 6002 Eyewear FRAMES RX Optical Eyeglasses Glasses - ITALY $161.74

TIFFANY & CO TF1074-B 6002 Eyewear FRAMES RX Optical Eyeglasses Glasses - ITALY

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Max&Co 03 30265646 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New $91.42

Max&Co 03 30265646 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New

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TIFFANY & CO TF2094 8134 Eyewear FRAMES RX Optical Eyeglasses Glasses New -ITALY $161.74

TIFFANY & CO TF2094 8134 Eyewear FRAMES RX Optical Eyeglasses Glasses New -ITALY

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MAX & CO. 11 30403703 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New $91.42

MAX & CO. 11 30403703 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New

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Max & Co 06 30265691 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New $91.42

Max & Co 06 30265691 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED - New

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MAX & CO. 194 807 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED New BNIB $91.42

MAX & CO. 194 807 Eyewear RX Optical Glasses FRAMES Eyeglasses TRUSTED New BNIB

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News & Reviews

[08/08/18, via ]
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GearJunkie [08/07/18, via GearJunkie]
Eyewear from Trash: Costa Baffin Recycled Sunglasses Review Bureo, the company partnering with Costa to bring you the Untangle Our Oceans Collection, wants your sunglasses to be part of the solution. The two companies partnered to use some of the 640,000 tons of trashed fishing nets floating around our oceans [...]

Edition Truth [08/08/18, via Edition Truth]
Eyewear Market: Witness Lucrative Prospects in Asia Pacific Some of the most prominent companies operating in the global eyewear market are keen on extending partnership with their peers. This would not only help them attain a position of great strength in the market but will enable them woo a wider audience by  [...]

MarketWatch [07/09/18, via MarketWatch]
Vista Outdoor to sell eyewear brands—Savage gun-maker business could be next Vista Outdoor Inc. said Monday it has reached a deal to sell its Bolle, Serengeti and Cebe eyewear brands for expected proceeds of $158 million, to a “significant” European private-equity fund. The move is part of the outdoor sports and recreation [...]

Fashionista (blog) [08/03/18, via Fashionista (blog)]
What 5 Successful Designers Learned From Launching During the 2008 Recession "People didn't want to stop buying things, they were just being more selective," says Garrett Leight, who has a namesake eyewear company with stores in New York and California. (He opened his first boutique in 2009.) Knowing this helped Leight to [...]

Eyewear Companies

Eyewear is vague in the sense that do you mean those companies make eyewear, or sell eyewear. I think the NAICS of Ophthalmic Goods Manufacturing is suitable substitute (and it already exists and is in an industry hierarchy).

Source: Freebase, licensed under CC-BY.

New post: Global Wearable Technology Sales Market Report 2018 with data analysis of 20 companies and market t.co/cxBjEaORoB 

#Shopping for #EyeWear by #VisionDirectUK These are one of the first companies to break the monopoly on #contactt.co/axgpFKfhej 

#Shopping for #EyeWear by #VisionDirectUK These are one of the first companies to break the monopoly on #contact… t.co/29MyMilsNd 

RT @LowBlueLights: Toxic #bluelight is harming your eyes. Companies hawking inferior filters & eyewear threaten your ocular #health. Only…

RT @BoF: Known for mixing of modern sensibility with an edge. @BlackEyewear is hiring a digital marketing manager in London. t.co/Y… 

Plunkett's Health Care Industry Almanac Plunkett's Health Care Industry Almanac
Published by Plunkett Research, Ltd. 2008
ISBN 9781593921323,1593921322
704 pages
Innovations in Social Marketing and Public Health Communication Innovations in Social Marketing and Public Health Communication
Published by Springer 2015
ISBN 9783319198699,3319198696
389 pages
Jugaad Innovation Jugaad Innovation
Published by John Wiley & Sons 2012
ISBN 9781118283233,1118283236
288 pages
Innovation Engines Innovation Engines
Published by Can Akdeniz
ISBN
50 pages

Online companies get physical retail as retail stalwarts shrink - Arizona Daily Sun

red reflection bokeh ferrari 2008 stallion nairooz Photo by Mohammed Nairooz on Flickr

com opened its first brick-and-mortar store in November in Seattle. Around the same time, retail heavyweight Macy’s announced it was shutting nearly 40 stores this year to beef up its online presence. Kohl’s announced last month that it was closing 18 stores nationwide. The discount chain operates a popular loyalty rewards program for in-store and online purchases. Meanwhile, some companies that began life online — such as Athleta and Fabletics (which both sell trendy sportswear and accessories for women), Birchbox (a cosmetics company), and Bonobos (a men’s online company that rented space from Nordstrom... Birchbox opened its first physical store in.

[via azdailysun.com]

Italy's eyewear sector sees upward trend in post crisis era - Shanghai Daily (subscription)

boy bw male sunglasses hair beard blackwhite nikon bokeh profile ear panama vignetting rayban stubble panamacanal d600 tedsphotos nikonfx d600fx Photo by Ted's photos - For Me & You on Flickr

26 (Xinhua) -- 2015 was an excellent one in the post-economic crisis era for Italy's eyewear sector, industry experts said here on Friday. At the opening conference of MIDO, the Milan eyewear show which runs from Saturday to Monday, it was announced that in 2015, Italian eyewear production totaled 3. 6 billion euros (3. 9 billion U. S. dollars), up by 12. 5 percent over 2014. In... The main export market for sunglasses and frames in 2015 remained Europe, with 49 percent share of exports, followed by United States with 30. 5 percent and Asia which absorbed 18. 2 percent, posting a growth of 14 percent, with China at 42 percent. In terms of suppliers, imports from Asia continued to take the lion's share at 73 percent, figures showed.

[via www.shanghaidaily.com]

[03/16/16, via Live-PR]
Titan Industries Ltd in Eyewear (India): New research report available at Fast Market Research Data Coverage:market sizes (historic and forecasts), company shares, brand shares and distribution data. Reasons to Get this Report * Get a detailed picture of the Eyewear market; * Pinpoint growth sectors and identify factors driving change; * Understand ... [...]

[03/16/16, via The Columbus Dispatch]
Retailers crossing from online world to hands-on shopping Birchbox opened its first physical store in downtown Manhattan in July 2014. Warby Parker — an eyewear company conceived on the Internet by four Wharton business school students — is taking over premium space for a second downtown Philadelphia store. [...]

[03/15/16, via NWA Online]
Retailers born online open stores Birchbox opened its first store in downtown Manhattan in July 2014. Warby Parker -- an eyewear company conceived on the Internet by four Wharton business school students -- is taking over premium space for a second downtown Philadelphia store. "We want to ... [...]

[03/15/16, via vrfocus.com]
Vuzix Showcasing iWear Technology at GDC 2016 Attending the event is video eyewear and smart glasses manufacturer Vuzix, which has announced that it will be showcasing its iWear video headphones at the San Francisco event. Attendees to the company’s stand will be able be able to demo the iWear which ... [...]

[03/14/16, via Portland Press Herald]
Trump negotiated clothing line deal with foreign labor he says is killing U.S. jobs “Finding a company that made in America was never something that was specified.” Today, Donald J. Trump Collection shirts – as well as eyeglasses, perfume, cuff links and suits – are made in Bangladesh, China, Honduras and other low-wage countrie [...]

Eyewear Market: Players Bank on Social Media and Ecommerce to Up Sales - Transparency Market Research

Eyewear Market (Product - Spectacles, Spectacle Lenses, Spectacle Frames, Contact lenses, Soft Contact Lenses, Rigid Contact Lenses, Plano Sunglasses, Polarized Sunglasses, Non-Polarized Sunglasses) - Middle East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 Press Release- updated: Nov 16, 2017 10:00 CST ALBANY, New York, November 16, 2017 (Newswire.com) - ​​​​The eyewear market in the Middle East is consolidated in...

Jamie Foxx, Privé Revaux aim to disrupt the eyewear industry and Warby Parker

Despite a host of economic uncertainties and a tax battle heating up on Capitol Hill, niche start-up companies are being led by a new band of disrupters offering trendy, cheaper alternatives in the world of eyewear and sparking a fresh dose of healthy industry competition.Continue Reading BelowOne particular start-up, “Privé Revaux,” is aiming to disrupt the industry, with hopes of putting eyewear competitor Warby Parker out of business by selling shades for $29.95. According to David...

Premium eyewear industry research available in new report

From industry overview, industry chain structure to development trends in america and the world along with 2017-2022 forecasts have been minutely put down.- Agency -.The Global Premium Eyewear Industry Report 2017 is a professional and in-depth study on the current state of the Premium Eyewear industry.Complete report on Premium Eyewear market spread across 110 pages, profiling 18 companies and supported with tables and figures; is Now Available @...