3 ms·

Considering their profits, I don't believe that is where it is going: http://www.luxottica.com/en/record-2017-net-profits-and-free-cash-flow-over-one-billion-e

Considering their profits, I don't believe that is where it is going: http://www.luxottica.com/en/record-2017-net-profits-and-free-cash-flow-over-one-billion-euro http://www.luxottica.com/en/record-2017-net-profits-and-free... Using a monopolistic position to overcharge doesn't generate more jobs, just profits.

vibrio 8y ago
Are 10-15% margins crazy large in this or comparable sectors? I'm genuinely asking as I'm to busy/lazy to look it.
- wbracken 8y ago
  Of course not.
  - vibrio 8y ago
    According to my basic understanding of basic economics (FWIW), doesn't this put a hole in the monopoly hypothesis here? [I'm not even close to being an economist, but I've taken a basic class or two.] I looked at their 2017 financials, and they have revenue/ expenses broken out for many many brands and regions. There are huge variations in margins due to what it seems like to be growth expenses. Some of what i'd think to be more mature lines at first glance to have crazy good margins.
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