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Who Controls Glasses?

Published in Eyewear Industry 1 min read

According to the provided reference, Luxottica is a major entity in the glasses industry. While no single entity "controls" the entire global market, Luxottica holds a significant position.

About Luxottica

Luxottica is a company based in Milan, Italy, that serves a worldwide area. Founded by Leonardo Del Vecchio, it has evolved significantly over the years.

Here are some key details about Luxottica based on the reference:

Aspect Detail
Company Type Public (1990–2017)
Subsidiary (2018–present)
Founder Leonardo Del Vecchio
Headquarters Milan, Italy
Area Served Worldwide
Key People Francesco Milleri (Deputy Chairman and Chief Executive Officer)

As indicated by its worldwide area served and long history, including periods as a public company and now a subsidiary, Luxottica is a substantial force in the eyewear market. Understanding the role of companies like Luxottica is crucial when considering the dynamics of the global glasses industry.

For more information, you can refer to the Luxottica Wikipedia page.