Around 70% of adults read with the help of corrective lenses, but few know where their glasses come from. Sam Knight’s picaresque Guardian article journeys from 13th-century Italy, the birthplace of eyeglasses; to 15th-century Germany, where they became popular; to the present-day global economy, where giants Essilor and Luxottica are navigating one of the biggest mergers in history to form a near monopoly of the global eyeglasses industry. Knight’s article is an informative read for anyone who wants to understand an industry that affects billions but which many take for granted.
In this summary, you will learn
- How the EssilorLuxottica merger will create a $50 billion company,
- Why the use of corrective lenses is on the rise worldwide and
- How technology might influence the future of the eyeglass industry.
About the Author
Sam Knight has written for The New York Times, The Guardian, and Harper’s Magazine and is a staff writer for The New Yorker. He’s based in London.