Luxottica Buys Glasses.com

Luxottica Group S.p.A. has acquired glasses.com from WellPoint Inc. Andrea Guerra, chief executive officer of Luxottica, recently stated, “The acquisition will function as a starting point to shape an independent, digital platform through which the North American market can.” A company spokesperson said that Luxottica believes that the investment in technology and the development of an accessible digital platform for the North American trade are crucial next steps in developing the market to its full potential. By investing in online innovation and providing accessibility to independent practitioners, Luxottica can offer both the doctor and the consumer a unique seamlessly integrated, superior experience. The company did not note that the purchase gives it one more opportunity to compete with the independent optician and OD. Read more.