Luxottica Gets Bashed after 60 Minutes Segment

Luxottica has been slammed since the 60 Minutes report appeared. Here's an example from the Daily Mail. The story ran under the headline: "Why DO designer glasses cost more than an iPad? The eyewear company with 'total domination' setting astronomical prices."

It's not uncommon to fork out $400 for a pair of luxury sunglasses, and now, it has been revealed why. Luxottica, a 'little-known but very big Italian company' appears to have gained total domination over the world's eyewear production; making prescription frames and sunglasses for nearly every designer brand, from Prada and Chanel, to Ralph Lauren and Versace. Read and see more.