Consumer Confidential: Could glasses possibly get more expensive? Yup. A pending deal makes it likely
by David Lazarus, Los Angeles Times
Jul 22, 2019
4 minutes
Incredibly, the company that has near-monopoly control over the eyewear industry may be about to get bigger, this time swallowing the business that owns the For Eyes glasses chain with stores throughout Southern California.
EssilorLuxottica, the world's largest maker of frames and lenses, owner of LensCrafters and Pearle Vision, is making a play for GrandVision, which has retail outlets nationwide and an even stronger presence in Europe.
The move, first reported by Bloomberg, was confirmed in a statement from HAL Holding, the investment firm that holds a majority share of Netherlands-based GrandVision.
"No agreement has yet been reached and
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