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If you check price segments, the monopoly hypothesis gains support again. They own all the the higher end, including all the fashion / lifestyle brands.
by ovi256 8y ago
If you check price segments, the monopoly hypothesis gains support again. They own all the the higher end, including all the fashion / lifestyle brands.
- barry-cotter 8y agoBy that logic Apple has a monopoly in smartphones.
- pm90 8y agoIncorrect. Samsung etc. have phones that compete in the luxury smartphone segment with Apple. Luxottica has no such alternative (as of now, WP seems nice but it remains to be seen if they will focus on this market segment in the future).
- Fins 8y agoThere certainly are high-end, well-made, good-looking, and bloody expensive frames out there (i.e. everything WP isn't) that aren't from one of Luxottica's brands. Off-hand I could think of at least Gold & Wood, ic! berlin, and Mykita. WP's story seems to be sprinkling some SV magic dust over decidedly pedestrian frames, not going after the high-end.