Austrailian Company Looks to Cut in on Luxxotica's Market Share

"Rodney Grunseit heads up Sunshades Eyewear, Australia’s biggest privately owned eyewear company, which sells up to 3.5 million pairs per year," according to SmartCompanyAustralia. "The company, which was founded by Grunseit’s mother Betty Lasse, turns over $35 million a year and is looking to expand its international operations to diversify from the shrinking Australian market. It is also hoping to capitalise on industry disquiet about the dominance of Luxottica, which [licenses] Ray-Ban, Prada and Versace [brands] and has been buying retailers and going vertical." Read more.