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Google Glass Signs Deal With Ray Ban's Parent Company

Posted by Unknown on from the you're-not-cool-enough dept.

sfcrazy (1542989) writes with news that fancier Google Glasswear is coming soon "Google has signed a deal with The Luxottica Group, the world's largest eyewear company (controlling 80% of the eyewear market). Luxottica owns Ray-Ban, Oakley, Vogue-Eyewear, Persol, Oliver Peoples, Alain Mikli, and Arnette. The deal shows how serious Google is about Glass, contrary to the skepticism raised by high-profiled users like Robert Scoble who spelled doom for the device."

2 of 125 comments (clear)

  1. Re:80% of market in terms of what? by nemasu · · Score: 3, Informative

    Never mind, this makes no sense. But this does: http://en.wikipedia.org/wiki/L... That is a loot of well known brands.

    --
    I made an app! Shoutium
  2. Re: 80% of market in terms of what? by RocketSW · · Score: 5, Informative

    Luxoticca not only owns a wide range of premium and "budget" eyewear brands (prescription glasses and sunglasses), they also own LensCrafters. Pearle vision, sears optical, target optical, and Sunglass Hut to name a few. Additionally they own the vision insurance company EyeMed.

    The word "monopoly" comes to mind.

    There was a 60 minutes piece about this not too long ago:

    http://m.youtube.com/watch?v=g...