Event

60 Minutes “Sticker Shock” (2012)

CBS 60 Minutes report on Luxottica and the price of glasses, first aired 7 October 2012.

6 links, 1 backed by primary records

Connections 6

Luxottica subject of the report Scholarship & press 1
Warby Parker named as an emerging online competitor Scholarship & press 1
Oakley example of a rival that fell out with Luxottica Scholarship & press 1
LensCrafters retail chain whose prices the report examined Scholarship & press 1
EyeMed insurer named as part of Luxottica Scholarship & press 1
EssilorLuxottica for comparison, the group’s own filed gross profit for the first half of 2025, 63.4% of revenue, covering lenses, frames and stores, not a markup per pair Primary record 2

Timeline 1 date

Proof 2 sources

Sticker shock: Why are glasses so expensive? (60 Minutes script, first aired 7 October 2012, rebroadcast 15 June 2014), CBS News, 15 Jun 2014. Scholarship & press
Luxottica is the biggest eyewear company on earth.
Also Costco and emerging on-line companies like Warby Parker.
Consider what happened to Oakley, the world-famous maker of advanced sports eyewear.
At LensCrafters, the average cost for a pair of frames and lenses is about $300.
You'd think well, surely insurance companies covering vision would complain.
Interim Financial Report 2025, EssilorLuxottica, 2025. Primary record
ended at €8,896 million, representing 63.4% of revenue.

Page history 1 change