“Why Do You Hate Luxottica?”
Posted on November 22, 2008
Filed Under Luxottica | 1 Comment
Not surprisingly, I get asked this every now and then.
The short answer is, I don’t. What I don’t like is the way they do business.
I’m all for efficiency — and sometimes consolidation of businesses can lead to that. Efficiencies, and the associated cost savings, at this level can (and absolutely should) “trickle down” to the consumer. This has quite obviously not been the case with this giant.
The biggest problem I see with Luxottica is that they’re greedy — really, really greedy. They feel a need to run everything and thereby own everything. They pick off the competition one brand or chain at a time with almost no resistance from the flaccid governments around the world — particularly in the United States. Who pays for all of these conquests? You do.
Don’t buy into it — fight back!
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Nice Site.