3 Discussion activities-to reply- DUE: 2/12/2017

Topic 3 - In the News

Student’s post:

https://www.ft.com/content/1c222c5c-e160-11e6-8405-9e5580d6e5fb

In this article, the author discusses the pros and cons of the merger and how it will benefit consumers and their access to product. By combing two of the largest eyewear players in the world, consumers will have better access and choice regarding their eyewear. Luxottica specializes in frame manufacturing, while Essilor in lenses. The merger will turn Luxottica into one of the few Italian companies with genuinely global heft (Gordon, 2017). A majority of the areas in which both companies already operate have a vast number of people in need of vision correction. The partnership will increase local ties with the communities they serve.  

Gordon, S (24 January 2017) EssilorLuxottica merger blindsides customers Financial Times Retrieved from https://www.ft.com/content/1c222c5c-e160-11e6-8405-9e5580d6e5fb