By  on February 1, 2017

MILAN — All eyes are on the eyewear sector, which is going through a series of seismic changes as the big players in this arena adapt to ever-evolving business demands.

The announcement of a new joint venture between LVMH Moët Hennessy Louis Vuitton and Marcolin is expected to further shake up the category, in the wake of the Luxottica Group and Essilor merger revealed last month that will create a $16 billion giant. Kering was the first to initiate the string of changes, when it decided to set up a new dedicated entity in 2014 and bring eyewear production in-house.

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