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Luxottica's Acquisition Strategy and Potential Innovations
The chapter delves into Luxottica's strategic acquisitions, including the purchase of high-demand brands like Supreme, and discusses the company's potential expansion beyond eyeglasses into other premium brands to emulate the success of luxury conglomerates. It also explores the partnership between Luxottica and Metta to develop AR, VR Ray-Bans that could revolutionize the technology in glasses, while touching on competition in the eyeglasses market, the impact of Luxottica's monopoly on prices, and upcoming earnings reports and market trends.