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Sticker shock: Why are glasses so expensive?

  • 🎬 Video
  • ℹ️ Description
One factor: the world's largest eyewear company, the Italian firm Luxottica, controls a big chunk of the business. Lesley Stahl reports.

Download — Sticker shock: Why are glasses so expensive?

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💬 Comments on the video
Author

Damn, the Luxottica boss talks like a Bond villain

Author — Jon Ultime

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That Italian CEO sounded like the mafia when he was discussing the disagreement with Oakley.

Author — Kevin Honig

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"You're not answering my question."
Please let more journalists do this again

Author — Niko'to Nagatani

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How ironic: We're blinded by the eye wear manufacturers.

Author — AgentOrange859

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"It is an American brand, owned by Italians, and made by Chinese people".

Author — Sandro Enriquez

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Her kind of journalism is a lost art.

She is not afraid to ask tough questions, and I like that

Author — lovewhispers68

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Here's the short answer: because people keep buying them.

Author — Doug E

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That Italian is trying so hard at not busting out laughing 😂he just wants to say "MONOPOLY AHAHAHAHAHAHAHAH"

Author — BH

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“It’s an illusion of choice” perfect summary

Author — OperatorNeptune

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Surprise being ripped off again. Sorry but if you’re spending $450 on sunnies, you’ve got more money than sense.

Author — Clara Bow

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I felt poor af for buying $12 cheap sunglasses at the mall but after seeing this video I feel 100% better.

Author — Esteban Aguilar

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Brand worship is for imbeciles who didn't work hard for their money.

Author — Magnum Farce

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She proved herself bold & beautiful. She put questions with clarity & single-mindedness. Made the public familiar with, how the big companies are looting them.

Author — Aleem Pervez

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"They are not too expensive."
Right, and the devil will give you back your soul.

Author — Ometecuhtli

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Regarding the deal with Oakley, he says “life is better by going along “. He reminds me of Don Corleone from God Father.

Author — joshua sundeep

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The CEO sounds like some evil genius who could take over the world if he wanted to.

Author — Peter Kolodziej

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When people think DeBeers has a successful monopoly, I point to Luxottica.

Author — bruzote

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This kind of pretence is common throughout the world's privileged: Self-entitlement, rampant ego and astounding arrogance which deludes them they are special.

Author — fact gasm

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“Oakley?... we made them an offer they couldn’t refuse”

Author — Salomon Arreguin

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You can bet it doesn't even cost "$30" to make them either. I need to win the lottery and start my own eye-wear company.

Author — Mark Nunya