Google Glass Signs Deal With Ray Ban's Parent Company
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."
At this rate Google will be the new Apple. Overpriced designer products that rely on being the "in thing" anyone?
Many people wear cheap sunglasses - I guess "80% of the eyewear market" is in terms of value, not volume, since 1 Ray-ban costs about as much as 100 cheap sunglasses?
...and how does Google dumping money into something make it un-doomed? It can still fail just as badly as before.
No sig today...
I posted this story a few years ago about Luxotica...
http://www.clarksvilleonline.c...
"GET / HTTP/1.0" 200 51230 "-" "Mozilla/4.0 (compatible; Setec Astronomy)"
So one near monopoly with 80% market share is getting together with another near monopoly with a 90% market share?
What could possibly go wrong?
The Luxottica Group is the recognized leader in over priced eye-ware.
Competition Good, Monopoly Bad.