Luxottica brand controls 80% of the major brands of eyeglasses

Luxottica brand controls 80% of the major brands of eyeglasses

Luxottica is based in Milan, Italy, has 82,000+ employees and does over 9 billion Euro in revenue each year.

Yes, it’s massive, and it probably has to do something with the fact that it has more than 10 also massive eyeglass brands under its control including:

  • Ray-Ban
  • Oakley
  • Persol
  • Sunglass Hut
  • And many more…

Luxottica had revenues of €7.3 billion last year and produced over 77 million pairs of sunglasses and optical frames. Over half a billion people wear Luxottica glasses and the company has single handedly turned a once boring eyewear market into high fashion. Their proprietary brands (68% of their total sales of frames) include two of the top sunglass brands in the world Ray-Ban and Oakley, as well as Vogue Eyewear, Persol, Oliver Peoples, Alain Mikli and Arnette. The Italian company also produces eyewear under license for every luxury brand you can think of, from Gucci and Prada to Stella McCartney and Tiffany & Co.