Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. It is based in Milan, Italy. Its best known brands are Costa, Ray-Ban, Persol, Oliver Peoples and Oakley. Luxottica is a vertically integrated company which has been described as a monopoly. It designs, manufactures, distributes, and retails its eyewear brands through companies that it owns such as LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, and Glasses.com. It also owns EyeMed, one of the largest vision health insurance providers. Luxottica's market power has allowed it to charge price markups of 1000%. More information...
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