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How badly are we being ripped off on eyewear? Former industry execs tell all • Los Angeles Times
David Lazarus:
<p>[Former LensCrafters executives] Butler and Dahan acknowledged what most consumers have long suspected: that the prices we pay for eyewear in no way reflect the actual cost of making frames and lenses.

When he was in the business, in the 1980s and ’90s, Dahan said it cost him between $10 and $16 to manufacture a pair of quality plastic or metal frames.

Lenses, he said, might cost about $5 a pair to produce. With fancy coatings, that could boost the price all the way to $15.

He said LensCrafters would turn around and charge $99 for completed glasses that cost $20 or $30 to make — and this was well below what many independent opticians charged. Nowadays, he said, those same glasses at LensCrafters might cost hundreds of dollars.

Butler said he recently visited factories in China where many glasses for the U.S. market are manufactured. Improved technology has made prices even lower than what Dahan recalled.
“You can get amazingly good frames, with a Warby Parker level of quality, for $4 to $8,” Butler said. “For $15, you can get designer-quality frames, like what you’d get from Prada.”

And lenses? “You can buy absolutely first-quality lenses for $1.25 apiece,” Butler said. Yet those same frames and lenses might sell in the United States for $800.</p>


It's down to EssilorLuxottica, which demands colossal markups. A candidate for disruption?
capitalism  health  monopoly  glasses 
9 days ago by charlesarthur
EyeBuyDirect
"EyeBuyDirect does everything in-house. From concept, design, to manufacturing, we control and oversee the whole process! This allows us to pass the savings onto you, our customers. We’re your one stop, online optical shop! Though we do not have any eyeglass stores you can visit, we are able to offer you the lowest prices by cutting out the gimmicks."
store  glasses 
12 days ago by loimprevisto
Apple AR headset reportedly starting production later this year
Today, Ming-Chi Kuo reports that Apple’s first augmented reality product will go into mass production as soon as the fourth quarter of this year, but hedges the timeframe slightly and says it will be mass-produced by the second quarter of 2020 at the latest.



Kuo says that Apple’s first-generation of AR glasses will be heavily dependent on the iPhone.
apple  virtual-reality  rumor  glasses 
12 days ago by jasonsamuels

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