The Biggest Threat to Warby Parker’s Billion-Dollar Valuation

Warby Parker

By: Graham Winfrey.

Warby Parker may have already doubled its 2013 valuation of $500 million, but the disruptive eyewear maker has a long way to go before it can catch up to Italian eyewear giant Luxottica.

Warby Parker‘s recent funding round at a $1.2 billion valuation is a major milestone for the company, but in the eyewear market, a billion dollars is still small potatoes.

While Warby Parker continues to attract more private investor demand than it can accept–a luxury problem many companies would love to have–the business is no match for Italian eyewear giant Luxottica, a public company that controls more than 80 percent of the market.

Read more at Inc.

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