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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That’s why i bought a pair of RayBans for $5 today and they look fantastic! Kiss my ass LuxotiShit.
is all about money makers, not about the customers reason. almost everything came from other country. is just bussines. if the customers think an American was made those sunglasses they buy it. they are all stupid.
That is fucking monopoly thanks to china for breaking it tho!
Bausch & Lomb ,Returns please.
they say Italians are the closest related to Jews
oligopoly
anyone who pays for the name brand is everything that’s wrong with this world. materialistic and most likely very vain. its all about the no name brands and saving money.
that ceo is the new john d rockefeller
Expensive cheap sunglasses for all the idiots to buy lol
Americans slagging off a company for buying everything out and dominating the market despite this being the tactics of almost all Americas top businesses throughout the world.
Hypocrisy.
Ask him if the Mafia own him? Arrogant twat!
Thank you reporter Lesley Stahl to inform about reality.
That Ceo is one evil Motherfuc*er…
I just paid around 800$ for 2 pair of rx glasses at vision work. if Wal-Mart could do the same quality of frame&lenses like the other top stores I would gladly buy from Wal-Mart but today there’s a big difference between a lacoste brand and the best brand from Wal-Mart even the lenses are lower quality
“They understood it was better for them to work with us” is something like: We made them an offer they couldn’t refuse. 🙂
The whole world parasites off the U.S market
“Do you expect me to talk?”
“No, Mr. Bond! I expect you to pay $450 for these Chanel frames.”
This guy is sure do a monopoly company
This makes me want to only get CUSTOM glasses now. So I can get the best of my money and know what materials are going into my glasses and not have to pay ridiculously high prices.
I can’t believe this is really news to people. This company has owned all the name brands and all the stores forever. So now the morons that spent $300 on their pair of sunglasses that are worth about 20 I hope they feel like shit
I got sticker shock after not buying prescription glasses for a ?decade? or longer. Just walked out of the store. Walked into a Warby Parker (who I’d never heard of before) in the mall. Saw a price I liked and purchased. It’s called freedom of choice. Freedom of choice still exists.
I was gonna get ray bans but now hell no, i`m not gonna give these assholes my money
Actually, he’s wrong when he says that people don’t change the way they think when they find out their glasses are made by luxottica.
the ceo is a fkg genius but what you don’t see is luxotticca making shitty glasses. and buying stores is genius too…nothing is stopping a usa company from mfg glasses and competing
Well I do not have options like everyone else, my eyes need moded glasses which cost minimumly 50-60€ so why should I not pay “some” euros more and get a RayBan? In my opinion not a bad thing but I’m also mad at Luxaurica for putting the price up just because they “revolutioned” the design, this argument is totally shit if ur asking me
2:13 Above all? Lmfao whats that about?
I’d never heard of Luxxotica
I like his way of thinking
someone needs to wipe that shit eating grin off that smug fucks face
The Italian guy seems so sneaky. He sounds like the evil guy from the Minions movie lol
Glad I bought my Ray Bans before they went out of business because I have lenses that are made of glass and strong frames. Not the play on words for plastic by calling them poly carbon lenses. Today we get junk for high prices. And as usual we fall for it. As all Titanic’s, Luxottica will eventually sink by a company that can make them for a lot less. We just have to be patient and trust in our friends from China !
Need to fit your face for 15 hours? That’s why it’s expensive? Shit why doesn’t my underwear cost $300 a pair? I wear them longer than my glasses.
I wish this segment was longer. Bet there is a ton of other interesting info on this subject that we could learn.
Don’t be fooled, only a portion of the production is made in Italy, the test is China…I took me days to find a pair of Italian Ray-Bans, all the ones I kept finding were Chinese, by Luxottica…
That CEO is a slimeball.
Very arrogant CEO, but his own-high-confindant in himself is what really scares the $hit
CEO’s all over the world are full of shit
“these are expensive because people need them to function in everyday life. So we can charge them a shit ton of money”
those glasses look a tad small on his big fat head…money-sucking prick.
Every thing is worth ! for what people are ready to pay !
I am happy with my Zenni glasses LOL
Corporations getting over on us, false illusion of choice! If the company is own by Italians than it’s not an American company!
That interviewer was good.