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| homepage = {{URL|luxottica.com/en}}
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'''Luxottica Group S.p.A.''' is an [[Milan]]-based [[glasses|eyewear]] conglomerate and the world's largest company in the eyewear industrycompany.<ref>{{cite news|url=https://www.nytimes.com/2007/06/21/business/21glasses.html?ref=luxotticagroupspa |title= Luxottica to Buy a U.S. Sunglasses Maker |work=[[The New York Times]]/[[Reuters]]|date=21 June 2007}}</ref><ref>{{Cite web|url=https://www.reuters.com/finance/stocks/companyProfile?symbol=LUX|title=Company Profile, Reuters.com|last=Editorial|first=Reuters|website=Reuters|access-date=25 May 2017}}</ref> Its best known brands are [[Costa Del Mar|Costa]], [[Ray-Ban]], [[Persol]], [[Oliver Peoples]] and [[Oakley, Inc.|Oakley]].
 
Luxottica is a [[vertically integrated]] company whichand has been frequently described as a [[monopoly]]. It designs, manufactures, distributes, and retails its eyewear brands through companies that it owns such as [[LensCrafters]], [[Sunglass Hut]], Apex by Sunglass Hut, [[Pearle Vision]], [[Target Optical]], and Glasses.com. It also owns EyeMed, one of the largest vision [[health insurance]] providers. The Italian conglomerate further owns and manufactures [[Costa Del Mar|Costa]], [[Ray-Ban]], [[Persol]], [[Oliver Peoples]] and [[Oakley, Inc.|Oakley]]. Luxottica's [[market power]] has allowed it to charge price markups of 1000%.
 
Luxottica also makes sunglasses and prescription frames for designer brands such as [[Chanel]], [[Prada]], [[Giorgio Armani]], [[Burberry]], [[Versace]], [[Dolce and Gabbana]], [[Michael Kors]], [[Coach New York|Coach]], [[Miu Miu]] and [[Tory Burch]].<ref>{{cite news | url=https://www.wsj.com/articles/SB10001424052748704518904575365362932852610 | first=Brett | last=Arends | title=Are Designer Sunglasses Worth the Price? | newspaper=Wall Street Journal | date=22 July 2010}}</ref><ref>{{cite web | url=http://www.luxottica.com/en/eyewear-brands | title=Eyewear brands | publisher=luxottica.com | date=1 May 2015}}</ref><ref>{{Cite news|url=https://www.forbes.com/sites/halahtouryalai/2013/07/02/ray-ban-oakley-chanel-or-prada-sunglasses-theyre-all-made-by-this-obscure-9b-company/#2f1ea97864d6|title=Ray-Ban, Oakley, Chanel Or Prada Sunglasses? They're All Made By This Obscure $9B Company|last=Touryalai|first=Halah|work=Forbes|access-date=25 May 2017}}</ref><ref name="Grdn2018">{{cite news |last1=Knight |first1=Sam |date=10 May 2018 |title=The spectacular power of Big Lens |work=The Guardian |url=https://www.theguardian.com/news/2018/may/10/the-invisible-power-of-big-glasses-eyewear-industry-essilor-luxottica |access-date=3 June 2018}}</ref>
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