One factor: the world's largest eyewear company, the Italian firm Luxottica, controls a big chunk of the business. Lesley Stahl reports.
Пікірлер: 14 000
@pyroVoid8 жыл бұрын
The CEO sounds like some evil genius who could take over the world if he wanted to.
@BM-yy8db8 жыл бұрын
He already has
@frederic69988 жыл бұрын
+Benjamin Meijer no only glasses lol, many peoples doesn't have eyes problems, and doesn't live in sunny places.
@adriang19218 жыл бұрын
+Peter Kolodziej He's freaky :S
@lukoradulic53408 жыл бұрын
+Peter Kolodziej but he doesn't so he maust be a cool guy
@blueslayer998 жыл бұрын
+Peter Kolodziej He's a cheeky fuck, that's for sure.
@mura03 жыл бұрын
The smirk on the CEOs face throughout the entire interview says it all.
@kalel311superman93 жыл бұрын
i was going to say that too
@namangups993 жыл бұрын
He is like, I have made a fool out of this world
@user-jl5tj4hd7j3 жыл бұрын
That evil smirk
@carljiu86013 жыл бұрын
He looks like the love child of Steve Ballmer and Putin, but he definitely takes after Putin more. Heh.
@NormaLilia243 жыл бұрын
He has a smug and slapable face
@bobthet-rex27183 жыл бұрын
Italian CEO sounds like a movie villain with what he is saying, "They ended up realizing that working together was... better for them."
@y.t.a1803 жыл бұрын
I know, he's a CREEP! Can just imagine how big his fat bank balance is! How did he get into health side of things though????????????? THAT is THE QUESTION?
@TheLordofdrift2 жыл бұрын
Mafia
@victorpirsoul39792 жыл бұрын
"them" doesn't exist anymore. Former Oakley CEO Jim Jannard had to sell his company to Luxottica because they refused to sell Oakley in any of their stores. He lost a lot of money and didn't end up working "together" with Luxottica as Luxottica is working with itself.
@TBPetitP2 жыл бұрын
@@y.t.a180 Yeah, think about this again next time you hear someone saying people get rich by effort. In the capitalist "free market" you get rich by being a bully, 99% of the time...
@lakshyamongia32702 жыл бұрын
@@TBPetitP if everyone got rich by effort, the donkeys would rule this planet.
@aggarwalprateek63 жыл бұрын
The interviewer is asking damn good questions. She's good .
@BS1af3 жыл бұрын
Hahahahahaha
@cowboytanaka61613 жыл бұрын
Whats her name.??
@mtbdad23 жыл бұрын
She got her head handed to her. IMO
@josefincastelar10813 жыл бұрын
She is the best
@fabrabino35383 жыл бұрын
Indeed.
@kazior65214 жыл бұрын
That Italian CEO sounded like the mafia when he was discussing the disagreement with Oakley.
@DecepticonLeader4 жыл бұрын
Power corrupts, and absolute power corrupts absolutely, to use a worn out phrase. Monopolies are bad for consumers, we can clearly see this here
@tubebility4 жыл бұрын
Cyborg Manticore As I always say… It's not that power corrupts. It's that, only the corrupt will earnestly seek power over other people.
@DecepticonLeader4 жыл бұрын
@@tubebility You could be right. But this begs the question: Who isn't corrupt?
@shanestuart-ramirez4294 жыл бұрын
Alot of pausing and thinking of how to phrase his answers.hmmmmm. i move her journalism. To the point and blunt!
@TheCohens24 жыл бұрын
tubebility L
@jonultime9 жыл бұрын
Damn, the Luxottica boss talks like a Bond villain
@clansman899 жыл бұрын
+benjamiy831 Now that is power of deception. Journalist makes interview with the CEO in a relaxed and friendly atmosphere but after editing he looks like villain. While everybody complain about high prices he is smiling...
@miguelmalcolm43199 жыл бұрын
He's only missing a cat.
@xtaylorxboyx9 жыл бұрын
+Miguel Malcolm right
@over50andfantabulous599 жыл бұрын
+Miguel Malcolm LOL
@Vip3rZ169 жыл бұрын
+benjamiy831 HOLY SHIT!! I was thinking the same thing and was about to comment that lol. im slight freaked out by this hahaha. Agreed. I was watching the guy talk and all I could think was he sounds like a bond villain telling us his masterful diabolical plan...because he knows we can't do s**t about it.
@Kamikaze_44 жыл бұрын
8:03 I love that she called him out for not answering her question. I want to see more journalists go back to doing this!
@deamondepicksaxe3 жыл бұрын
This is bad.. people wont want to interview for their channel
@thomassmith46163 жыл бұрын
I caught that too!!
@dwong982 жыл бұрын
@@deamondepicksaxe This is CBS's 60 minutes.
@FlyntofRWBY Жыл бұрын
Updates about Luxottica since this video is very old: 1) Luxottica has merged with Essilor; the largest lens manufacturer in the world 2) Luxottica up-charges an average of 500% on its lenses and frames (most industries only up charge around 100%-200%). 3) Luxottica now owns approximately 80% of the eyeglass industry. If you want to avoid giving EssilorLuxottica money, shop at any place not mentioned in the video, AND ask what lab their lenses are made at. If they say Essilor/Meridian, then that’s Luxottica.
@migueleduardo6297 Жыл бұрын
Thanks for the information, the glasses seems to cost more then gold.... I think Polaroid made more honest sunglasses ate reasonable price, its a alternative
@nicolav9239 Жыл бұрын
Thank you
@Nclk619 Жыл бұрын
Thank you.
@Gave-rf1hr Жыл бұрын
I stick with Maui Jim every time I can.
@PabPapp1 Жыл бұрын
bro aliexpress
@Aeig8 жыл бұрын
8:03 "Mark you're not answering my question." I love how blunt she is here. And a great journalist overall.
@nateDawg123468 жыл бұрын
+Aeig I was just thinking the same thing. This woman is awesome!
@jujuria138 жыл бұрын
+Aeig most people don't hear the bullshit. Those that do, don't usually call out other people's bullshit because they're courteous. and only very few will call out these bullshit.
@jujuria138 жыл бұрын
+Aeig Mark should've answered No. Because if they charged people less when it's a "higher" quality, people will automatically think it's an inferior product. People pay for the perceived value of goods and not the markup of the goods cost.
@Aeig8 жыл бұрын
+fhhh It would be similar to what you said only if Apple owned and sold every cell phone of every brand and owned every cell phone carrier and then marked up their prices over %10,000. It may be several hundred dollars for an Apple phone but here you're seeing several hundred dollars for pieces of plastic.
@ShenaniganCinema8 жыл бұрын
+Aeig I think shes a good journalist but I thought that question was a load of bullshit. Why the hell would consumer's get a "break" on prices if they clearly stated that LC is now owned by Luxottica. That question was intended to make the President give a vague answer. He can't say yes or no, because if the President of any company gives false information its a PR disaster. Then he explains every retailer determines their own prices, and then she says his answer was "no." I thought that she was just being really smug.
@ChapinMilkshake10 жыл бұрын
I like how she's not afraid to just confront people and ask them directly and call them out on things.
@supremelordoftheuniverse54496 жыл бұрын
Call them out on what? Being a super successful business? I think the correct term for that is complimenting.
@user-tz8pf4pd4q5 жыл бұрын
@@supremelordoftheuniverse5449 are you kidding watch the video she even straight cut in on one guy and said you're not answering my question.
@thedog5k2 жыл бұрын
@@supremelordoftheuniverse5449 On being anti competetive
@eee34002 жыл бұрын
@@thedog5k ... and for price gouging, price fixing
@akshatagarwal79233 жыл бұрын
This lady is savage. I like how she confronts LensCrafters: "Mark you are not answering my question".
@joesprague14643 жыл бұрын
Like he's on the stand.Don't like his business?Don't shop there! Another example of 60 minutes vilifying succesfull people/ businesses.
@marvinnguyen-colorado20183 жыл бұрын
I worked in a optometry office/sunglass store locally-owned. And I can tell you the actual cost is cheap and the owner made a lots of money. Even more on prescription lenses.
@mypointofview11112 жыл бұрын
I have to wear varifocal lenses which are more expensive than single vision lenses. I was quoted nearly £700 for new glasses from an optician. I went elsewhere and had top of the range varifocal lenses inserted to an old frame for a third of that. Best decision ever made. In the last year many firms have increased prices because government support for a lot of businesses during the pandemic was non existent, they're looking to recoup losses sustained during that time and its set off a vicious cycle which is now based on greed. What these businesses forget is that everyone was in the same boat. These rising prices will force those greedy businesses out because people can't afford to buy their goods or services
@Vairlocom9 жыл бұрын
I actually have a lot of respect for that CEO. He knows how to play the game and he's clearly winning.
@r0z3d9 жыл бұрын
+OriginalChuan exactly
@MrJohnnyMcLemmon9 жыл бұрын
As a businessman he's excellent. But for the consumers, this is terrible
@QuantayPeoples9 жыл бұрын
+Chuan Eston was that pun intended? lol
@alainxps9 жыл бұрын
+Chuan Eston He sounds like an a*hole, but an a*hole who knows whats his business is
@xtaylorxboyx9 жыл бұрын
But he is also scary and creepy the way he manages things it's like he's untouchable. Which is horrifying if you're against it
@mohamedbadran11385 жыл бұрын
This is one of the very best reviews I've ever seen. Brilliant interviewer, clever questions and answers too.
@faroles215 жыл бұрын
Answers were just hypocrite
@jameeledwards88363 жыл бұрын
I've watched this report numerous times since it debuted years ago. It always fascinates me how the consumer (Americans in particular) have lost control of paying reasonable prices, instead of inflated prices for acetate and/or metal frames.
@cytherians2 жыл бұрын
I refuse to buy sunglasses brand new. There are thousands of people who tire of their sunglasses or barely wear them and then want to get rid of them. You can get some pretty great deals that way. As for Ray Ban? I don't see what's all the fuss. The iconic aviator style is made by many other brands and frankly most of them are as good or superior in quality.
@dean31842 жыл бұрын
Its all about supply and demand. A high value is often times placed on expensive things. Couple that with a society that can afford it, and the government manipulating inflation on freaking everything, and its a perfect storm for overpriced stuff
@minxili3317 Жыл бұрын
I remembered when I was a kid and I went to a Korean American women optometrist. I told the Korean American women that her Optometrist place was cheap and she got mad insulted telling her friend that she did not like me for saying that. Now that I am older I still stand by what I said. All the glasses in the Korean American women's store were either made of cheap plastic and metals which were made in China. Those glasses do not cost a lot yet without insurance that Korean American women would charge nearly a $100 or more which was unnecessary. Lol sis got mad at me for telling the truth.
@shorts_scrollkro3 жыл бұрын
Watching it after 8 years and it still blows my mind...The true Don from Italy...
@Eviloops7 жыл бұрын
I felt poor af for buying $12 cheap sunglasses at the mall but after seeing this video I feel 100% better.
@Eviloops7 жыл бұрын
+sleepybird09 Yeah 😕
@martimalvesdelima65367 жыл бұрын
Cheap diamonds are THE THING =)
@pramonoy87977 жыл бұрын
me too ^_^
@naegleriafowleri767 жыл бұрын
sleepybird09 nah he just drinks it straight from the toilet
7 жыл бұрын
You're still poor though.
@fisherdotogg4 жыл бұрын
"You're not answering my question." Please let more journalists do this again
@Jxsurfer904 жыл бұрын
Niko'to Nagatani they do but the democrats still get away with it and lie!!
@lskdfoIS4 жыл бұрын
He was answering it. They don't all cost the same. She then goes on to spin it that the average price is $300 with prescription lenses, and then ends the video saying that adding the lenses can add another $300 to the price. It's a dumb question. The answer is both yes every pair, and no none of them. The price is the price.
@user-nh3gu1ge3d4 жыл бұрын
@@lskdfoIS It was a dumb question, you're right. She said "I'm asking if you charge less for frames made by luxotica since you're the same company". What? Why would anyone expect a company to undercut itself? If luxotica owns luxotica and lenscrafters and sells a pair of sunglasses, why wouldn't you assume the price to be the same? Why would you assume buying luxotica from lenscrafters would be cheaper than direct? It seems like she's trying to ask a "GOTCHA" question but when you think about it, it makes no sense. The price should be the same and the implication that buying luxotica from lenscrafters should be cheaper because luxotica owns lenscrafters makes no sense.
@fisherdotogg4 жыл бұрын
@@user-nh3gu1ge3d She was asking if buying them from Lens Crafters was cheaper than from other dealers not owned by Luxotica because it should be more direct and involve less price gouging the retailer since they work together, as opposed to other retailers who would in all likelihood pay a premium for Luxotica brands because they're competitors to the retailers Luxotica actually owns and works with.
@tsuchan4 жыл бұрын
@@Jxsurfer90 How would a republican know? I've yet to meet a republican knows the difference between truth and lies.
@walking_in_the_shade3 жыл бұрын
Back in the 90's I worked in a factory that made the metal frames for glasses. The unit price the factory sold the frames for was 56p (70 cents).
@lakshyamongia32702 жыл бұрын
well that would be just the manufacturing cost but even if you add marketing, logistics and sales cost there is no way they should cost $550
@mypointofview11112 жыл бұрын
That explains why online spectacle companies are able to be profitable while offering stylish frames with lenses people want to wear. It vindicates my view that notwithstanding the overheads traditional opticians have to pay the mark up on a pair of glasses is off the scale
@eternally66593 жыл бұрын
I used to wear designer glasses when I was younger and now I just order cheap no name ones online. No difference. My ray bans broke after 4 years.
@kjrayo183 жыл бұрын
Raybans broke after 4 years. Cheap glasses break after a month. Some cheap glasses even have glass that fade. But I agree they are a bit overpriced
@silentsmurf3 жыл бұрын
@@kjrayo18 The sunglasses I bought from eye buy direct broke after 4 years. Sunglasses that I had purchased from a drug store broke after a couple of months though.
@jgennick2 жыл бұрын
I dislike my prescription ray bans so much. They keep sliding down my face :( I didn’t even know they were ray Bans when I bought them. I wasn’t paying attention and I overpaid :(
@frankthetank13692 жыл бұрын
4 years that's good.
@Gave-rf1hr Жыл бұрын
Lmao 4years and you are complaining ? Did they break up on their own like sitting on a desk and suddendly they cracked ? Lol
@ariellewest50248 жыл бұрын
He's a very competent business man, and really knows what he's doing. The consumers' ignorance is bliss to him. He's not going to kill brand loyalty to tell people what's really going on, that would be absolutely mad.
@ramr70518 жыл бұрын
Completely agree. Also immensely satisfying to see how he doesn't lose his cool after the repeated "attack" questions. No surprises for him.
@ramr70518 жыл бұрын
lol, there's plenty of cheaper alternatives from, say, Chinese companies. Quality is pretty decent as well (just look at videos showing knock-off Ray-Bans and how similar they are). eBay helps.
@BurritoEl8 жыл бұрын
I would agree if I wasn't literally blind without glasses. Severe myopia is debilitating without MEDICAL EQUIPMENT and just because glasses are easy to come across these days doesn't mean I should have to pay over 1000% of his production cost simply for the convenience. The point of this video is to show how a capitalist economy can fail when it goes unregulated. Although he certainly played by the rules, he's now changed the rules of the market so that ONLY he can win and that's not how one maintains economic growth in capitalism.
@ActionableFreedom8 жыл бұрын
Satisfying? You know the top is getting slimmer and sharper for each year? I'm enraged! Though of course he should be proud of himself, he's doing the best he can in a system that barely has any rules nor enough informed players. But I fail to see how you can find his dominance over your kin satisfying.
@naegleriafowleri767 жыл бұрын
Just buy some $30 aviators from walmart or better yet some fake raybans from the internet. Nobody would be able to tell, let alone, give a shit, anyway. I have walmart glasses and many people think they are name brand. In the end, is all about who is wearing it. If you are good looking, even cheap sunglasses, will look good on you.
@TheOmnipotentidiot8 жыл бұрын
so I dont feel bad about $15 knockoffs all of a sudden
@MatterBe8 жыл бұрын
i feel terribly stupid about buying rayban prescription lmao
@nayleanavarro80258 жыл бұрын
They are still plastic and not actual glass lenses also much better quality. And most are not made in China.
@Assimilator7028 жыл бұрын
+Matt Bawlin Those plastic lens are less than $10/ pair. My Dad's best friend was an optician so we used to pay his cost and get free labor. I live next door to an optician and theyre still cheap. Alot of the plastic lenses come from Brazil. Most plastic blanks are less than $4 each on the invoices. We pay $200 for those lenses.
@lokpat19648 жыл бұрын
Luxottica has the biggest glasses factory in China, they make 90%finished product, then send to Italy to finish, adjust the cost on their book, so they can print made in Italy!!!!!!!
@DuBstep1158 жыл бұрын
Thank god there are indie companys that sell glasses with carl zeiss optics less than 60e like ashbury
@Mrnomaddrifter3 жыл бұрын
"Everything is worth what people are ready to pay". This is true.
@mickyjagah3 жыл бұрын
I can imagine the Mafia-like negotiations that took place when buying Oakley. "Nice sunglasses you got there. It'd be a shame if they disappeared from the market."
@suomik19883 жыл бұрын
I stand with Oakley. They put a shitload of engineering into their eyewear and, in most cases, don't even need to (ANSI tests, etc.). I will always buy from Oakley online. Never stepped foot into Sunglass Hut.
@DannyDL1ght3 жыл бұрын
@@suomik1988 no matter where u buy as long as they are from luxottica and not some store uncredited by them
@LBigJake143 жыл бұрын
@@suomik1988 Love Oakleys, all ill ever wear. They're far more than just a name
@JudithRose19923 жыл бұрын
So funny Michael... we were thinking the same thing. You said it well 🤣
@mickyjagah3 жыл бұрын
@@JudithRose1992 😂😂😂and sad at the same time.
@KharelConstructions6 жыл бұрын
Thanks China for copying and making the price more reasonable.
@odairfernandes19126 жыл бұрын
Probably the counterfeits are made by Luxottica, as well.
@SjaakSchulteis6 жыл бұрын
In this case I totally agree and from now on I buy only Chinese copies!
@robertorolfo6 жыл бұрын
Yeah, good luck with those fake UV blocking lenses.
@eli.m1276 жыл бұрын
robertorolfo yeah, I’ve noticed some people getting Chinese fakes and getting their eyes ruined.
@stephanesonneville6 жыл бұрын
$1 pair of sun glasses from Walmart block more UV than Ray Ban ! Look at the test.
@rexes927 жыл бұрын
I really like this reporter. She's not a bitch and actually goes hard on these psychopaths, wish more reporters were like this.
@SaltedTurkey7 жыл бұрын
rexes92 what makes you think he's a psychopath?
@ChimobiHD7 жыл бұрын
He has the evil genius smile is why lol
@karlzimmer6837 жыл бұрын
She's still a 10...
@MrWarhead167 жыл бұрын
rexes92 Like one commenter said. Hes a bond villain.
@xNoScOpErZx7 жыл бұрын
So true lol, he and the Lens Crafters president got trolled
@shraddhapawar3 жыл бұрын
"They're not too expensive" "400$" 😭
@liviuczifrak58413 жыл бұрын
They are plastic worth 4 $ but we sell it for 400$. What a great deal
@lisameyer13732 жыл бұрын
And they don’t last for like flimsy metal horrible horrible glasses they look good for a minute
@lisameyer13732 жыл бұрын
@@liviuczifrak5841 Yeah I can’t wait to waste more money, ha ha cheap sunglasses over priced
@Sky2theRim Жыл бұрын
No company should have complete monopoly over any industry
@gabor19918 жыл бұрын
Damn son. That CEO is the coolest mofo out there. Calm af, didn't allow the interviewer to provoke him, epic business man. "Everything is worth what people are ready to pay for it". Ice.fucking.cold CEO game on point.
@Ozzyyyyyy958 жыл бұрын
loool thats what i thought.
@VasHappeninTV18 жыл бұрын
+gabor such a genius
@arithehurricane8 жыл бұрын
Did you see his shifty eyes? So sketchy...
@Ozzyyyyyy958 жыл бұрын
+VasHappeninTV on the real, he is
@Jedipwntrick8 жыл бұрын
I don't want to like your comment but I can't help it. This guy is making a fortune ripping off most of the world and stamping out the competition... But he handled those questions so well that I have to give the man props!
@MakeSushi18 жыл бұрын
Glasses are indeed way over priced!
@calbeter8 жыл бұрын
+How To Make Sushi I agree with this! I am glad you agree with the popular opinion! Now you appeal to us!
@madameshuggadrosenbloom11116 жыл бұрын
How To Make Sushi true!
@QRB10003 жыл бұрын
Exactly, the cost of getting a a pair of eyeglass in USA with eye checkup is around $300. If you go to Nepal go get same quality glass for 10 times less after the eye check up. I paid $25 for my eye glass back in Nepal.
@Smoko-93 жыл бұрын
@@calbeter your comment was so underrated lmao
@daddybaut3 жыл бұрын
Not from China
@ethanelliott18322 жыл бұрын
The interviewer is damn good. She’s putting the companies in their place and keeping them from dodging questions.
@saoravsaha3 жыл бұрын
"Everything's worth what people are ready to pay " - this sums it all.
@philphilips10203 жыл бұрын
That sounds good on the surface. Heck, I repeated the same mantra myself for years. Then I started questioning myself. WHY are we ready to pay? Is the media (mainstream, social, whatever) conditioning us to 'consume' certain things? Why wouldn't they? Since 'big corporate' owns all of the various medias it'd be in their best interest to promote consumerism. Once Pavlov's dogs were conditioned to salivate when the bell rang, it wouldn't be fair to blame the dogs for doing what they were conditioned to do.
@AllTrickss2 жыл бұрын
The consumers are the idiots and that ceo is feeding off of them
@aleempervaiz87894 жыл бұрын
She proved herself bold & beautiful. She put questions with clarity & single-mindedness. Made the public familiar with, how the big companies are looting them.
@BS1af3 жыл бұрын
She was old & bitter, always...
@aleempervaiz87893 жыл бұрын
@@BS1af I have no idea about the rest of her programs but in this video, she dealt with the issue fantastically.
@1x1HealthyEnergybyAndrew3 жыл бұрын
We like her and like your comment.
@aleempervaiz87893 жыл бұрын
@@1x1HealthyEnergybyAndrew Thanks.
@krowanders9 жыл бұрын
How is this not a monopoly? This isn't capitalism. This isn't a free market. It's a monopoly.
@tristanbishop349 жыл бұрын
That is why it's not in America...
@krowanders9 жыл бұрын
Tristan B But they operate businesses in America. They're subject to our laws to some degree.
@krowanders9 жыл бұрын
***** What American based company has a monopoly?
@DaGhost1419 жыл бұрын
krowanders Well, in germany it wouldn't be possible. The amount of restrictions to buy a brand is INSANE,
@loveSOCCERorFUTBOL9 жыл бұрын
krowanders Technically speaking it is the perfect example of a global Oligopoly. When a single company controls the majority of the "free" market, that company can impose certain externalities that reverberate throughout the market and consequently effect the rest of the market. We as consumers usually only focus on the prices, but it effects much more than that. The big company also limits the scope of competitiveness within the market because of the almost hidden effects it has on the rest of the market. such as, driving up materials cost, shipping, research, store locals I.E. your local kiosk or store front. The main difference between an Oligopoly and a Monopoly is that in a Monopoly ONE company controls the entire market share. While holding an Oligopoly is not illegal it effects the consumer in ways we wouldn't otherwise notice. While an oligopoly has very similar characteristics it is not a Monopoly unless it controls the entire market share. Hope I didn't rant too long :)
@StevenSeagull69692 жыл бұрын
Took Rayban off the market for a year, and brought it back on the store shelves, and didn't change or enhance anything on them. They just came up with a different advertising scheme. Genius
@Soren.iz.snoren3 жыл бұрын
"They understood life was better together" - CEO trying to hide his monopoly
@GreatYue8 жыл бұрын
Wow. Thank you for making the video. You are truly a great reporter that every jounalists should learn from.
@kenshin9880ify8 жыл бұрын
+1
@squisht90988 жыл бұрын
+1
@lalosoria8 жыл бұрын
Totally agree with you
@eblgraphics8 жыл бұрын
If you take the ingredients of a cake and throw them together in the oven will you get a great cake at the end? If you don’t have a cook placing all the ingredients together in the correct order, at the exact temperature and selecting the finest ingredients… You won’t have a cake. If the cook it’s a chef and apart from the great taste he decorates the cake. What is most valuable the ingredients or the craftsmanship? What if that Chef is your countryman and you as the owner of the bakery respect his labor and pay him top dollar for it and still make a good profit. Would you risk the quality of the cake to have it made in another country paying slave labors to a poor bastard that at the end won't be able to deliver the same quality? Is that so hard to understand? Ray-Ban’s today are made in Italy and are far better than the ones made before. Italians get top dollar for the craftsmanship and Americans get a great product that is not only fashionable in the many incarnations Luxottica makes but also it’s functional. Americans must understand that “THE PRICE OF CHEAP PRICES IS GREATER THAN ANY FINANCIAL GAIN” and the suffering it promotes are endless. If not ask Wal-Mart and the many American businesses that have send your jobs abroad to give you a few dollars in discounts at the mall for garbage of substandard quality… This is the worst report I have ever seen in 60 minutes. I say this placing on my face my freaking 400 USD sunglasses… Mmmmmmm they look so fucking fine… I hope that “Mario or Luigi” or whatever his fucking name is has enough money to send his kids to college and have them make me better freaking sunglasses in the future. AMEN Luxottica happy customer…
@AscendingApsolut8 жыл бұрын
+eblgraphics >A fool and his money are soon parted
@mrsujon37534 жыл бұрын
This man is playing pure monopoly.
@Mr_Makina4 жыл бұрын
Isn't that illegal in the US ?
@adamtson4 жыл бұрын
and Nike too.
@IdunRedstone4 жыл бұрын
@Leopold if he's sells in US he is under US laws. It will have a US business end. However US politicians, particularly ones on the red side, tend to be easy to persuade to not enforce the law with a few bills.
@blackwhite23614 жыл бұрын
A MONOPOLY IS ONLY ONE SELLER TO MANY BUYERS. THIS IS NOT A MONOPOLY. PICK UP AN ECONOMICS TEXTBOOK
@mrsujon37534 жыл бұрын
@@blackwhite2361 LoL, you better read that again and get some real knowledge.
@RachelJulia3 жыл бұрын
Ive worked for Luxottica (Sunglass Hut) for 4 years. Extremely toxic work culture. They raise the prices anywhere from $1-$30 on each pair of glasses every single year now. The employees get 30% off as their discount (which is nothing for a $400k-$500 pair of glasses) and about 2 times a year they get 50% off. Part time sales Associates are left alone in the store for hours expected to run the store by themselves. They laid off Regional Managers during Covid leaving other regional managers to manage hundreds (literally hundreds) of stores so now everything is slipping through the cracks. With that said the glasses are good quality, and I highly recommend everyone gets a nice pair of glasses to protect your eyes- the drug store $1 pair doesn’t cut it. Luxottica owns EVERYTHING, they make SO much money yet the company culture is TRASH. I would NEVER recommend ANYONE to work for them.
@Creator-pd6zd3 жыл бұрын
Thank you for this story. In the future, I’m giving my money to Walmart or Costco.
@joshriver757 жыл бұрын
I purchased a pair of Versace frames from Lenscrafters about 10 years ago for $525 (frames and lenses) A few years later I met someone that managed a discount chain called Eyemart. The exact same frames minus the Versace label were $45 retail. She looked up their cost and told me they only pay $9. I compared and examined the frames side by side and they weren't just similar..they were exact. It was no doubt they came from the same manufacturer.
@otsmalls15807 жыл бұрын
Josh River right ppl don't realize a lot high end products uses third party manufacturer. n pay certain profit margin for their high end prices
@FongYukYu7 жыл бұрын
Josh River a lot of emerging companies are using this strategy now. Beauty Pie, Idoni, M.Gemi, Cuyana, Tamara Mellon, Oliver Cabell, Greats, and Everlane.. When you buy designer, you're buying the brand. You're paying membership fees to an exclusive club, if you will. Dior, Prada, Chanel wouldn't be "luxury" if everyone walking down the street has one.
@joshriver757 жыл бұрын
Fong .YukYuu I totally get that and is something I've recognized for a long time now. However, imho "luxury" at the very least implies your getting something more for the money spent. (i.e. quality, features, exclusivity ect..) I realize that the majority are fine with paying all that extra money for the privilege of a luxury name. I find it almost insulting (on a personal level anyway) that exotica does so well at this legal marketing scam. I don't care how rich I was..I couldn't justify spending that much more on a set of frames that literally come from the same source. Don't get me wrong here..im not suggesting what someone should or should not do with their money. I'm only expressing my opinion on how absurd and shallow people can be for the sake of bragging rights.
@MRFUCKOFF2027 жыл бұрын
You do get something with *some* of the expensive sunglasses, even from Luxottica. Persol and Ray Ban for example have very unique styles, and cheap similar sunglasses don't quite have that same shape or look. Ray Ban Original Wayfarers have stronger hinges, rivets from the hinges into the arms and frame and metal in the arms for additional strength and are also made of acetate rather than other plastics. The markup is higher, there is diminishing returns, but to say you get nothing at all for the extra money is not true. You have to be careful though, RB New Wayfarers for example have no metal in the arms and no rivets. Saint Laurent (Safilo I believe) have a layer of acetate over the brand name inside the frame so it doesn't wear off. Again, markup even higher but you get something. Cutler & Gross ups the quality again with a more stringent manufacturing process and you don't get uneven glasses from them and even more strength compared to Luxottica brands. All of them are less easily scratched and the finishes don't wear off as easily. Sunglasses are like any other expensive clothing - some of them are an outright scam, some of them are higher quality & nicer, some of them are super high quality & even nicer, but you pay exponentially more with diminishing returns. Honestly the thing most worth complaining about here is the fact Luxottica designs the sunglasses. That really is disgraceful and a scam, even if they do a reasonable job half the time.
@suburbanhobbyist27527 жыл бұрын
@MRFUCKOFF202, yes, that's true, but have you ever asked yourself WHY you prefer the shape or look of the $200 pair of sunglasses over the cheaper ones? It's marketing man. You have unintentionally developed a taste for what they wanted you to. It's on an actor or in a magazine picture or whatever.
@LarryOfilms7 жыл бұрын
Wow, thank god he's not a politician. He would probably own the world.
@kendrewreviews7 жыл бұрын
Larry O I agree! But... Isn't Trump just as bad if not worse? People think Business men are more honest and efficient than career politicians just because they talk like us. We know the truth now...
@elliekim66667 жыл бұрын
Larry O At least he would be better than Trump lmao
@alexp37527 жыл бұрын
I don't think so. Mr. Trump is an American patriot.
@ajotanienu26936 жыл бұрын
Glad I don't have to wear one!hehe...
@liamcephus96876 жыл бұрын
LOL just read this that's funny
@benlee81410 ай бұрын
After Luxottica bought Ray-Ban, the prices for replacement lenses have increased by 3X (TRIPLED!!). I purchased two pair that did not even fit and when I tried to return them I was told no because it had been over thirty days. Also Ray-Ban used to have GREAT customer service with live people and now I guess Luxoticca must have canned them all because now you cannot talk to any live people to take care of any problems, which before the buy-out they would have easily have offered to take care of my non-fitment issue.
@johndough2013 жыл бұрын
Once, while driving from Geneva to Milan, my gf pointed to a building & remarked that that was where some 80-90% of the worlds sunglasses, including cheap knock-offs! I found it hard to believe, but all the locals agreed w/her. This was the company.
@AzTechGFX8 жыл бұрын
The spokes person for luxottica is like varys from game of thrones with his knowledgeable replies and sneaky remarks.
@MrMagickent8 жыл бұрын
lol such comparison.
@DarwinsTable8 жыл бұрын
Way worse than Varys.
@drmrboy8 жыл бұрын
Varys isn't as smug
@mako08188 жыл бұрын
his expressions are more likely resembling littlefinger somehow.
@jitterball8 жыл бұрын
He isn't "spokes person", he is the big boss!
@theoandolaf8 жыл бұрын
The guy sounds like a Bond villain
@mandoman698 жыл бұрын
hahaha
@3Dimencia8 жыл бұрын
+Armando Serna hes "Gru" the despicable me character
@The_Daily_Tomato8 жыл бұрын
+Eric Medina I nearly fell from my chair laughing when i saw your comment. Here take my like :D
@felipecosta96328 жыл бұрын
perfect!
@m.f.26218 жыл бұрын
+Eric Medina I thought the same, LOL!
@RideCamVids2 жыл бұрын
As a person who wore prescription glasses from the age of nine till around fifty five I was never so happy to have my lenses replaced due to cataracts and never wear glasses again. By having Multifocal lenses with UV filters implanted I finally have perfect vision and this means I finally get to ditch annoying eyewear forever.
@prabhavkaula96972 жыл бұрын
The ending of the video is where I felt more could have been said about the lens industry. The choices cripple the customer to buy the latest and the greatest. The frames last a good couple of years (5 or even 10 if you keep them really well). The lens business is brutal, one cannot re-purpose the lens already made and the advertised technology keeps getting better.
@kalymnosalani4 жыл бұрын
"So what happened with Oakley?" *In italian accent* "We made them an offer they couldn't refuse"
@ms.ladybug61864 жыл бұрын
he went total🕵Mob 🔫🗡on eyewear😮..😂
@xGARIDx4 жыл бұрын
Sounds like Italian mafia offer
@TheSneakerDome9 жыл бұрын
Goddamn man. This is good business. This guy has an entire market locked down to a borderline monopoly level, owning over 80% of brands available and owning the majority of retail stores for shades. Fucking thug. Hate that I have to pay so much for nice shades and I wish there was more competition, but this dude is such a thug. Can't knock the hustle.
@XxBringBackThePastxX9 жыл бұрын
Thug life candidate?
@balukkful9 жыл бұрын
the other 20 per cent of the high end market is owned by Safilo an other Italian company . lol
@MicahWayneSays9 жыл бұрын
And that's why you buy knock-offs. For shades at least...
@XxBringBackThePastxX9 жыл бұрын
biscuitskillet touche
@bdunni889 жыл бұрын
TheSneakerDome The guy can hardly keep from smiling as he lies about how much of a monopoly they have. No one should pay hundreds for sunglasses. You can get such great quality and style from ebay: www.ebay.com/sch/bdunni/m.html?item=111621791782&ssPageName=STRK%3AMESELX%3AIT&rt=nc&_trksid=p2047675.l2562
@MrKarmapolice973 жыл бұрын
I used to work for Luxottica, they were a great company to work for. They really take care of their employees. They also had a great program where if the frames that came out a little wrong or older styles were discontinued and we had extra stock, we would complete them with lens and send them off to third world countries and we had reps that went to those countries and would give the glasses out for free.
@jonathanree45242 жыл бұрын
Doesn't change the fact that they're a vertically integrated monopoly that profits off of scalping consumers
@NileshR12 Жыл бұрын
Well they are price gouging customers by charging these markups for the optical illusion of choice
@r0llinlacs Жыл бұрын
yeah they write off their donations like every other corporation. they aren't doing it because of their giant black hearts.
@em0_tion2 жыл бұрын
"If you're stupid enough to buy it, who are we to stop you?" 😂
@midnightdarkchocolate5 жыл бұрын
This guy is basically an Italian eye wear mobster the "Eye Father"
@rurome21515 жыл бұрын
Right... lol
@cristianopaluzzopiccin41095 жыл бұрын
I'm coming to make you an offer your eyes won't reject
@midnightdarkchocolate5 жыл бұрын
Cristiano Paluzzo Piccin 😂😂😂 W
@midnightdarkchocolate5 жыл бұрын
MeadhbhNi 🔥Gold, now that’s Punny😂
@xavarmu5 жыл бұрын
@MeadhbhNi no pun intended, right?
@carlosmalave5409 жыл бұрын
Classic monopoly in the eyeglass industry. The CEO clearly states that people are willing to pay for the name of the brand even though he owns all of the former brands that used to compete against him. Basically he's giving an impression that YOU have a choice and that you're willing to pay lots of money for stupid plastic and some metal.
@kispie9 жыл бұрын
+Carlos Malave Companies like Maui Jim actually make the high price worth it. They have some solid frames that can bend and twist and form back to shape and not break.
@carlosmalave5409 жыл бұрын
Jeremy Howard In that case ,i understand that the Maui brand has quality already built in. On the other hand, other brands are a brand name with an Italian or French name that is made in China.
@oManelJoao8 жыл бұрын
+Carlos Malave It's not stupid plastic and metal to me. I like ray ban and I own a couple. the prices are high, but not prohibitive. I'd like them to be cheaper, but now I understand why they're going for 100€ where I live. Anyway, I love my ray ban, so I wouldn't consider buying a pair a bad decision, because I'm willing to pay that price for them. As another guy already said, this guy just knows what he's doing and unfortunately there isn't any real competition in the market. Kudos to him. Bad for the consumer. With that said, Im still rocking my aviators B-)
@carlosmalave5408 жыл бұрын
Manuel João Mr. Joao, the same reason Apple Co. makes a lot of money in overpriced iphones and other products-- made in China. I understand that you like your Ray-Ban; but you could've paid less if it Ray-Ban wasn't bought out by the big competitor and btw, instead of Italy, it's made in China for more profits.
@oManelJoao8 жыл бұрын
Carlos Malave I know, but the difference being in the hundreds of dollars between the 2 products. Ray ban "only" cost around 100€, even if they only cost 20€ to make or whatever. 100€ is very affordable if you really like/want them (like I do). Apple, on the hand, has a price tag of 500/600/700. It's not even close. The scope is entirely different. Companies will always try to maximise their profits and margin. I know sunglasses could be a lot cheaper, but they could also be a lot more expensive (obviously when you see people willing to pay 400€ for a pair). In the end, for non-essencial products you will ALWAYS pay what you think the item is worth to you. You know the price, you like the item, you decide to want the item, you accept the price. No one forced me to buy my ray bans, but I really wanted them. Would be awesome if they were cheaper of course, but they're worth the price for me.
@paulmercury51822 жыл бұрын
I’d love them to do an update on this story.
@gilmapaiz49633 жыл бұрын
Thank you for this eye opening program!! I recently underwent eye surgery and right now need a good pair un sunglasses. Now I know for sure that high prices don’t necessary mean high quality. Thank you!
@tofuyam73616 жыл бұрын
The ceo sounds like a james bond villian lol
@xj37835 жыл бұрын
Yeah lol
@adamlemus75855 жыл бұрын
No Mr Bond.....I expect you to over pay for Ray-Ban's
@FIGHTSEEN5 жыл бұрын
Dude was just icing Lesley like..."Yes...I am in business to MAKE money."
@ronj94485 жыл бұрын
Your wallet will think he is a villain.
@ernievc5 жыл бұрын
So true!!! LOL... He even has his base of Operations hidden somewhere in the Italian Alpes!!! LOL 😂🤣
@douglasman10010 жыл бұрын
God I fucking love this guy...he's just sitting there giggling his rich ass off.
@guy_with_a_car3 жыл бұрын
I got 2 prescription eyeglasses online for $30. I was worried that they would be a waste of money but I love them and they fit great. Firmoo is good and cheap.
@marleee.21743 жыл бұрын
I went to the eye doctor yesterday and left almost in tears from how much it cost
@georgeduncan35963 жыл бұрын
Go to Wardy Parker. There eye glasses are reasonable and well made too.
@marleee.21743 жыл бұрын
@@georgeduncan3596 I will definitely check that out!
@PatrickPierceBateman4 жыл бұрын
You know a company is evil when they make Walmart look like the underdog.
@dukedunac4 жыл бұрын
Or perhaps the interview was edited in such a way and the commentary framed in such a way that the company is meant to look bad
@PatrickPierceBateman4 жыл бұрын
@@dukedunac Or perhaps they're just evil?
@felipec.28543 жыл бұрын
Worse than dorsia
@PatrickPierceBateman3 жыл бұрын
@@felipec.2854 Dorsia? Nobody goes there anymore.
@northyland11573 жыл бұрын
Companies are not evil, they are smart.. Go to eyebuydirect and get $20 dollar glasses if you don't wan't to pay for a brand name.
@kquah6 жыл бұрын
I used to think $30 sunglasses must be inferior to $300 ones, and maybe using them would hurt your eyes because they might be fake? Now I know that $30 is actually reasonable for a pair of real sunglasses.
@AncientPharaoh6 жыл бұрын
kailli Sheeple like like drove/drive prices.
@gringogreen47196 жыл бұрын
kailli It depends on what the materials are and the method of construction. If its the same Zyl (optical plastic) then are the hinges the same? Do they have springs? Can you see or feel a quality difference? So honestly they could be spitting distance from one another or miles apart. Tough to say without looking at the and handling them. I'd say there is a decent chance that they are 70-85% similar.
@RogueCoup6 жыл бұрын
Be carefull with sunglases. The frame doesnt matter but the glass should be polarized and the UV protection should have been tested. There are good cheap options but carefull with china stuff
@gringogreen47196 жыл бұрын
Chuck Norris Good suggestion. Two quick things, I would recommend the term lens over glass because glass is a type of lens. Glass lenses are good at scratch resistance but break easy and also make most frames front heavy which leads to lenses breaking. Basically old people pretty much use glass lenses exclusively. Second, I do think polarization in sunglasses is a good thing if you spend lots of time outside or are sensitive to sunlight. That said polirized lenses can have a bit of a downside. Certain displays like one on a digital watch or an LCD type of screen can be rendered blank. If that is important to your job or activity that can be a drawback. I have polarized sunglasses and at some restraunt locations I have to switch because I cannot read the menu. I used to sell and make both glasses and sunglasses. A good pair of frames can last a long time, especially if they are steel or titanium. For sunglasses I get polarized lenses as they help my eyes outside. Professionals will tell you to get your eyes checked at least once a year. More if you have issues coming up. Keep in mind that if your prescription should change you will need new lenses. Sometimes you can use old frames but you will also want to get new ones too. So you may keep that in mind when buying glasses.
@couchgamingnews93796 жыл бұрын
kailli ughhh no 5 bucks is
@angel8princess53 жыл бұрын
I wish I would’ve seen this two weeks ago. This is infuriating.
@theblackmambaplague6 ай бұрын
Fantastic segment! Love these old videos.
@MKLuciouSTV5 жыл бұрын
"It's an American brand owned by Italians" I love the cockiness in his tone and facial expression when he said that lol
@joelgonzaga38995 жыл бұрын
👍👍👍
@frankonolfi73285 жыл бұрын
Confidence
@remicasallena5 жыл бұрын
He even sounds evil.
@scbond5 жыл бұрын
To be fair on him, just about every US citizen claims to be Italian just because their great-great-great-uncle's friend was from Italy. You can't be willing to falsely claim that you're Italian and then have a fit just because an Italian company owns a US brand.
@MrBedriu5 жыл бұрын
@Cool.Hand nah he is a genius you would understand if you had a business or a large shop or something like that. He started from a village shop to international metropol. We should learn from him !
@rohitrai61875 жыл бұрын
10:13 _They understood that life was better together_ A modest villian glorious consumerism
@ockbandz14312 жыл бұрын
really good interviewer asked all the hard questions and ain’t let anyone slide
@hokiebuddy11 ай бұрын
10 years later nothing has changed, it’s only gotten more expensive.
@surajkadbane5085 жыл бұрын
One day Luxottica will even own my eyeballs.
@robinvannoor5 жыл бұрын
Haha
@RobimusPrime5 жыл бұрын
Like Minority Report
@jenniferbeatty75455 жыл бұрын
Nope. Those are already owned by your government!
@Kentendo_Switch5 жыл бұрын
Just like blind mag in repo the generic opera
@thankgodthreetimes5 жыл бұрын
lol. they do already because your balls focus on that glasses.
@Zuul474 жыл бұрын
“It’s an illusion of choice” perfect summary
@richclay79284 жыл бұрын
We have seen the matrix.....
@elzrinja3654 жыл бұрын
Democracy at its finest :)
@africanhistory3 жыл бұрын
that is the system most of us have no problem with. Do not blame him. Illusions are what most of us prefer. Just do not tell us. This is why film Matrix was so on point.
@mikeabc53553 жыл бұрын
Just like politics, illusion of choice.
@mmurillo7073 жыл бұрын
most of the world works that way now sadly
@ogdvb27 күн бұрын
Love love love Lesley♥️and love love love Luxottica♥️as a proud collector of their product I would say that it’s totally worth the price. Especially why they did for Chanel in the early 00s…my favorite pair of 5076-H from 2005 are still in greatest of shapes and makes me happy more than any other pair in my collection🤗♥️
@fictionalreality1010 Жыл бұрын
I can see clearly now! Now i have a new appreciation for seeing eye dogs
@mahmoudfathy20746 жыл бұрын
at 9:47 , The CEO while talking about Oakley sounded like a Mafia Godfather 😅 I expected him to say "I just made them an offer they could not refuse 😏"
@diane92476 жыл бұрын
And broke their kneecaps a little bit.
@YeOldeGeezer6 жыл бұрын
It’s like putting a horse head in their bed!!!
@brimstone336 жыл бұрын
"They understood that life was better together." "“Like many business men of genius he learned that free competition was wasteful, monopoly efficient.” ― Mario Puzo, The Godfather
@pallmall50145 жыл бұрын
Exactly! He's a fucken capitalist!
@Sanny1925 жыл бұрын
😂😂😂
@SamAkaVlogs6 жыл бұрын
they're so expensive that even at 50% off discount are still ripping you off.
@TheLazhamsi616 жыл бұрын
Sam Aka Vlogs 😂😂😂
@Akindone536 жыл бұрын
Add insult to injury; A friend of mine years ago who worked in his fathers optical lab made me two pairs of glasses after hours. (exactly the same lenses and frames as my former Optometrist) Charged me what they charge your Ophthalmologist, Optometrist or Optician. From the lab to you is a MINIMUM of 500% mark up. Opened my eyes. (no pun intended)
@crazymarkmc6 жыл бұрын
They are ripping you off even at a 95% discount lol.
@mrcatfish21006 жыл бұрын
Hahaha
@chanceussery40906 жыл бұрын
Yup
@kenmore012 жыл бұрын
I just can't believe Leslie Stahl still looks that good!
@Levelord9211 ай бұрын
This CEO guy is a freaking genius. And he knows that.
@UnathiGX4 жыл бұрын
"It is an American brand owned by Italians" LOL
@rustcohle38034 жыл бұрын
Lol wouldn't it still be considered Italian then?
@Chosen1PR4 жыл бұрын
*Cries in FCA*
@SinnerSince19624 жыл бұрын
Only to avoid USA Taxes.
@brightroar86584 жыл бұрын
Volvo is a Swedish car brand owned by Chinese Jaguar-Land Rover is British car brand owned by Indians It all boils down to "Branding" because no one looks for the owner, but only remembers who popularized and built the reputation of the brand.
@S....4 жыл бұрын
It's not sixteen century anymore, you can have factories and workforce all over the world easily.
@NeoN-PeoN8 жыл бұрын
That CEO is so tapped in to human psyche that we don't stand a chance.
@JonathanRavishankar8 жыл бұрын
of course lol that self righteous dirt bag millionare
@aguafria95657 жыл бұрын
He probably reads machiavelli.
@naegleriafowleri767 жыл бұрын
if people are stupid to buy $150 sunglasses, then they deserve to be ripped off
@Spahi777 жыл бұрын
PaiNExoTiC the problem is people dont understand quality, they understand brands....this ceo understands the sheeple...
@TheNonSmokingTire7 жыл бұрын
billionaire**
@brianndrelan1353 жыл бұрын
Thanks. The frames are so good, I am recycling mine. Been wearing glasses since 1975.
@severetruths21783 жыл бұрын
Yoooo this got to be the best news in the world ( Gratitude ) Thank you Thank you Thank you !!! 🗣🗣🗣💪🏾🙌🏾✊🏾✊🏾
@TreasureByMeasure6 жыл бұрын
I always lose or break the expensive sun glasses. But those $4 PUGGS I bought that one time at the gas station on that road trip will probably survive the apocalypse..
@usagi186 жыл бұрын
Matthew The Great Coin Roll Hunter shopping Murphy's law
@manichairdo63466 жыл бұрын
Matthew The Great Coin Roll Hunter Ahaaaaaaa. Fun-nee.
@cuauhtemocmorisco34936 жыл бұрын
Matthew The Great Coin Roll Hunter 😂😂😂😂
@epion336 жыл бұрын
Just make sure they're 100% UV protectant, or they'll actually harm your eyes more than not using sunglasses.
@dumpsterjedi61486 жыл бұрын
For real
@cloroxbleach56875 жыл бұрын
She is so blunt I love it😭
@TheEdvinas6945 жыл бұрын
She is brilliant i want to see more of her work , anyone knows her name?
@ericclarkva5 жыл бұрын
@@TheEdvinas694 Leslie Stahl.
@dorothysewing99972 жыл бұрын
Four years ago I went to LensCrafters and spent over $500 for a pair of glasses that didn’t have transitions. Yesterday I went to Warby Parker, and spent about $300 for glasses WITH transitions.
@Robodie9 ай бұрын
11:29 For those who don't make it that far, you don't wanna miss this part: Luxottica also owns the "2nd largest vision care plan" in the nation. Because of course they do.
@harryboi64414 жыл бұрын
Somebody: hmmmm should I get these ray bans or Okleys? Luxotica ceo: hahahahahahhahaha
@glaivenestor9187 жыл бұрын
Thank God they don't make Condoms...
@jughaar247 жыл бұрын
Glaive Nestor or do they.?
@spartanswill6 жыл бұрын
Don't give them any more ideas, the last thing we need is a chanel logo on a condom... sounds brutally painful.
@Seb_016 жыл бұрын
search louis vuitton condoms. priced at $68 each
@rickmarks76855 жыл бұрын
What about leather condoms ? Sounds pretty hot to me
@FitEd5 күн бұрын
This kind of journalism INDIA should have.
@MrSilas-xo9np Жыл бұрын
Leslie Stahl is an excellent interviewer...
@MaskedMarvyl10 жыл бұрын
"That's an interesting theory, but they understood that life was better..... together". Does anyone else get the feeling that this guy is a soft-spoken mafiosa?
@gippywhite10 жыл бұрын
That is what I said, too!!! It's very disconcerting.
@ghostdog43306 жыл бұрын
That Italian dude is like a mafia boss.
@albertoansaldo29586 жыл бұрын
And you are acting like a gangster.
@fredknearlmann66406 жыл бұрын
He's very slippery, like a politician.
@rexczi62996 жыл бұрын
Alberto. what?? uh no?
@michaelnaughtin96336 жыл бұрын
Why does people assume smart Italians are mafia?
@dannymoore67376 жыл бұрын
I bet he is jesuit trained
@markanthony148119 күн бұрын
There are plenty of companies that produce high quality eyewear that Luxottica doesn’t own. Matsuda, Cartier, Jacques Marie Mage, IC Berlin, Gast. Just do your homework and visit a few local boutiques and you will come across unique designs with quality materials.
@BlondieSuperdog2 жыл бұрын
Designer and prescription glasses are costly; but you can buy reading glasses new for $1 so glasses in general need not be costly.
@waqasahmad-xl5hl5 жыл бұрын
I buy rayban @150 $. And now after watching this I feel stupid
@velvetvic58625 жыл бұрын
Me too lmao
@Amatersuful5 жыл бұрын
i spend 320 for mine prescription eye glasses
@lgempet28695 жыл бұрын
Since the consumer is vulnerable to monopoly pricing, by definition, the options are severely limited. I thought there were laws against monopolies operating in the US due the predatory nature of them, but guess I’m wrong.
@jans.21235 жыл бұрын
Im also looking into buying a pair of sunglasses and i quite like persol's and ray ban's models but I wanted to take a look into other non luxottica manufacturers and the only ones I found so far that I like are Moscot's and they are often double the price of what ray ban's cost so it also isn't easy to find a non luxottica answer
@LaidyMary995 жыл бұрын
@@jans.2123 i'm in the same position... it's so annoying cause even Ray Bans are kinda expensive, i would like something a bit more affordable and to look nice. Sadly i barely find any models i like as it is. You can tell they are made by the same company :)
@bratprince117 жыл бұрын
So basically, my glasses are expensive because Luxottica pretty much has a monopoly and can charge whatever they want.
@rwh_6 жыл бұрын
No, they’re expensive because you decided to buy a status symbol and show everyone that you can afford to buy triple digit glasses
@jahnkaplank86266 жыл бұрын
not really. Shops add the markups...and shops can be individual franchises, so they can change their prices to suit their needs, but glasses are slow movers, and bills need to be paid, so that's why they mark it up a lot.
@73seabee6 жыл бұрын
Not really, the supplier sets the prices the store can charge
@arrrryyy6 жыл бұрын
Dont buy. Go create your own glasses brand. They sell because people are stupid.
@piffdaddy4206 жыл бұрын
there are online glasses stores that sell nice glasses that are very similar to the expensive bs for under 20 bucks total. check out zennioptical/eyebuydirect.
@debopamroy562 жыл бұрын
That's hard hitting journalism right there. Won't see that today.
@iamusic3869 Жыл бұрын
This is not a CEO this is a mafia boss of eyewear
@Naughtystimpy4 жыл бұрын
This was AMAZING. Fantastic journalism. This woman is everything missing from today's shows around the world. Every single word was like an uppercut to the face - every word had substance and she pulled no punches. Amazing.
@TomCook19936 жыл бұрын
That luxotica ceo is shady af.
@inquisitor46356 жыл бұрын
I am sure that small children around him are safe.
@lazchurchyard12296 жыл бұрын
He sounds like a sociopath.
@epion336 жыл бұрын
Not really he was pretty honest.
@MygenteTV6 жыл бұрын
just as 99 percent of italians
@tamermido116 жыл бұрын
He is the worse. I speak from experience. I have met him personally
@JonatasAdoM Жыл бұрын
10 years ago people were fooled to pay these exorbitant prices. Today they feel proud to be ripped off and will shame you for not partaking in it. One thing is not having a choice. Another is to do it out of sheer ostentation.
@adzeflores93737 ай бұрын
I always pick the pair that can reduce the risk of injury. It is best to always wear them before buying. It helps to set a budget.