Eyeglasses Forecast for South America? Falling options and rising prices!
Posted on May 27, 2009
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Luxottica just bought a big chunk of Multiopticas, a Spanish-owned South American chain of eyeglasses stores for 40M Euros. They have an option to buy the rest in a few years.
One more reason to get the Spanish and Portuguese versions of the GlassyEyes site going.
And the beat goes on.
“Ray-Ban Colors”: Here come the eighties again (or so they hope)
Posted on May 26, 2009
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The folks over at Luxottica have decided that we need to look like assholes again.
In a huge, overblown launch party aboard a huge, overblown ferris wheel in Singapore, these brain-wizards released “Ray-Ban Colors”.
If you haven’t seen them yet, “Ray-Ban Colors” are essentially knock-offs of the 1980’s gas station Ray-Ban knock-offs.
You too can look twice as ridiculous now as Cyndi Lauper or Molly Ringwald did when these things were in style. I checked Luxottica’s Sunglass Hut website for pricing, and you’re going to pay $139 for the privilege.
I think they could sell literally dozens of these.
Click here for more images of the party and the Luxottica officials who will be looking for new gigs while the Luxottica warehouse crew tries to find storage space for a potential re-launch in 2019 as “Ray-Ban Brights!”
Nice job guys — and great timing!
LensCrafters Cost Cutting Involves Completely Reloading Stores?
Posted on May 14, 2009
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I mentioned this post over at EyeOverheard, well yesterday, and what makes it so interesting apart from the tone of the post, is the volume of comments.
LensCrafters is a mess, and the byzantine methods they’re using to dig themselves out make their frame and lens pricing strategies seem downright forthright and fair.
Here’s a link to one employee’s experience in recent weeks. Good luck to all of you still employed, you’re in for a wild ride (to help pay for the next incarnation of Leonardo’s next yacht).
Stock the stores with even less-qualified employees? Sounds like a great plan to me!
NEWS FLASH! Luxottica stock soars as Q1 profits drop ONLY 22.5%!
Posted on May 13, 2009
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Luxottica surprises analysts with an amazing quarter in which it’s profits dropped only 22.5% compared to the 41% that was predicted.
Cost cutting (read about the salary cuts over at our friends at EyeOverheard) was said to be an important factor in these fantastic quarterly results.
€80 Million in revenue for the quarter tells me there is still a whole lot of stupid out there.
Read more here (via Reuters).
Recently
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- Yea California!
- Eyeglasses Forecast for South America? Falling options and rising prices!
- “Ray-Ban Colors”: Here come the eighties again (or so they hope)
- LensCrafters Cost Cutting Involves Completely Reloading Stores?
- NEWS FLASH! Luxottica stock soars as Q1 profits drop ONLY 22.5%!
- “Why Do You Hate Luxottica?”