Consumers and Industry Post Strong Reactions to ‘60 Minutes’ Segment


NEW YORK—A CBS News “60 Minutes” segment on Luxottica and the eyewear business, which aired nationally last Sunday night, Oct. 7, drew sharp initial reactions from consumers and some optical industry participants (including eyecare professionals, suppliers, sales reps and others) via social media on Facebook, Twitter and the CBS program’s own website.

The piece, reported by “60 Minutes” correspondent, Lesley Stahl, titled, “Sticker Shock: Why are glasses are so expensive?” focused on Luxottica (NYSE:LUX) and its powerful influence on the eyewear business. Stahl interviewed Luxottica CEO Andrea Guerra, Lenscrafters’ president, Mark Weikel, Oakley’s CEO, Colin Baden and others.

The broadcast and related videos which are posted on the “60 Minutes” website, generated commentary and the piece prompted other news outlets to follow up with their own reports about the broadcast and the optical/eyewear industry, such as CNBC’s “Street Signs."

Vision Monday continues to encourage readers to post their views of the piece on our Facebook Comments below and VM’s Facebook and Twitter pages.