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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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AUTHENTIC! Tiffany & Co. TF 2016 8055 Women Eyewear Optical Frames DEMO Lenses $49.99

AUTHENTIC! Tiffany & Co. TF 2016 8055 Women Eyewear Optical Frames DEMO Lenses

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KENZO 2081 Green CO1 Women Eyeglasses Eyewear Frames Designer Ladies $79.96

KENZO 2081 Green CO1 Women Eyeglasses Eyewear Frames Designer Ladies

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Tiffany & Co Cateye Eyewear Frame Womens Top Havana Blue TF2051B 8134 $150.00 - $225.0

Tiffany & Co Cateye Eyewear Frame Womens Top Havana Blue TF2051B 8134

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TIFFANY & Co. 2116-B 8134 Eyeglass Eyewear FRAME ONLY Havana Blue  FOR PARTS D2 $50.00 - $75.0

TIFFANY & Co. 2116-B 8134 Eyeglass Eyewear FRAME ONLY Havana Blue FOR PARTS D2

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KENZO 2069 GREEN CO 03 Women Eyeglasses Eyewear Frames Designer Ladies $79.96

KENZO 2069 GREEN CO 03 Women Eyeglasses Eyewear Frames Designer Ladies

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TIFFANY & CO. TF 1003B 1003-B 6005 EYEWEAR FRAME 52-16-135 Eyewear Frame $75.00 - $110.0

TIFFANY & CO. TF 1003B 1003-B 6005 EYEWEAR FRAME 52-16-135 Eyewear Frame

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Dolce & Gabbana Eyewear DG 1143B Chrome (Co. 061) Women's Designer Frames $125.00

Dolce & Gabbana Eyewear DG 1143B Chrome (Co. 061) Women's Designer Frames

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Eyewear Epos Epic Wood Alloro  CO  light brown 45 20 142 new with box $225.00

Eyewear Epos Epic Wood Alloro CO light brown 45 20 142 new with box

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Eyewear Epos Epic Wood Nespolo CO light wood 46 22 140 new with box $225.00

Eyewear Epos Epic Wood Nespolo CO light wood 46 22 140 new with box

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Eyewear Epos Epic Wood Acero CO light brown  43 22 145 new with box $225.00

Eyewear Epos Epic Wood Acero CO light brown 43 22 145 new with box

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Eyewear Epos Epic Wood Gelso CO light grey  45 22 142 new with box $225.00

Eyewear Epos Epic Wood Gelso CO light grey 45 22 142 new with box

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Brand New Tiffany & Co TF 2130 8055 Eyeglasses Frame Italy Eyewear Rx Frame $199.00

Brand New Tiffany & Co TF 2130 8055 Eyeglasses Frame Italy Eyewear Rx Frame

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News & Reviews

[10/09/18, via ]
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TechCrunch [10/08/18, via TechCrunch]
Forerunner Ventures just closed a $360 million fund, tripling the size ... Last year, retail e-commerce sales worldwide reached $2.3 trillion, a 24.8 percent increase over the previous year, according to eMarketer. A growing  [...]

Supply Chain Digital - Supply Chain News, Magazine and Website (blog) [10/07/18, via Supply Chain Digital - Supply Chain News, Magazine and Website (blog)]
Safilo Group's 6-Year Journey to Procurement and Supply Chain Transformation Appealing to all ages and demographics, the global eyewear market is undergoing considerable growth. Set to exceed $165bn by 2026, optical companies and those specialising in eyewear will need to transform traditional business models behind the  [...]

[10/05/18, via ECNmag.com]
AR Meets Industrial Use in IngenioSpec's Eyewear The portfolio covers basic structures for electronic eyewear as well as features such as customizing different sensors, making the patents critical for AR eyewear for industrial use. Companies are still exploring the best applications for AR eyewear [...]

Sioux City Journal [10/03/18, via Sioux City Journal]
Why Protective Computer Glasses May Not Be Worth The Money While eyewear companies are claiming that their products can protect people's eyes from the evils of blue light, many experts aren't fully convinced that these products are all they're touted to be. So we're here to get to the bottom of the question [...]

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.

RT @eSightEyewear: eSight is hiring! Join a growing sales team at one of the fastest growing start-up companies in Toronto with competitive…

RT @uvexsafetygroup: Do your employees require safety prescription eyewear? uvex provides an effortless solution for companies to avoid the…

RT @eSightEyewear: eSight is hiring! Join a growing sales team at one of the fastest growing start-up companies in Toronto with competitive…

RT @eSightEyewear: eSight is hiring! Join a growing sales team at one of the fastest growing start-up companies in Toronto with competitive…

eSight is hiring! Join a growing sales team at one of the fastest growing start-up companies in Toronto with compet… t.co/tzECTYnnzG 

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 @...