There's something shady about the sunglasses industry, and we aren't just talking about the lenses. It doesn't matter if you're buying a designer pair or some cheap shades from the drugstore. In all likelihood, your sunglasses were made by the same company: Luxottica. Luxottica has a major monopoly on the sunglasses industry, with at least half a billion people around the world likely owning a pair made by the company. They also make frames for optical glasses, although they don't make prescription lenses.
Luxottica makes sunglasses for brands like Chanel, Polo, Tiffany, Coach, and Ray-Ban. While Luxottica won't reveal their exact markup, their designer shades can retail for an estimated 20 times what they actually cost to produce. Many of their cheaper glasses also look quite similar to the more expensive brands, making designer sunglasses quite the rip-off. All you're really paying for is the brand's logo on the side of the frame, which most people probably won't see it anyway.
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