exclusivity, details and design for the discerning eyewear consumer May 2009

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exclusivity, details and design for the discerning eyewear consumer May 2009 AN ADVERTISING AND EDITORIAL PARTNERSHIP PRESENTED BY AND

WWW.ESCADA.COM EXCLUSIVELY DISTRIBUTED BY VIVA INTERNATIONAL GROUP VES 153 2009 DELUXE 2

4 ERMENEGILDO ZEGNA from Viva International Group 6 ESCADA from Viva International Group 8 10 FRED LUNETTES from Premiere Vision CHRISTIAN AUDIGIER from Revolution Eyewear 12 PERSOL from Luxottica Group The Deluxe Edition is a joint editorial and publishing initiative created by 20/20 and VisionMonday. DELUXE EDITION EDITOR Melissa Arkin DELUXE EDITION ART DIRECTOR Nami Ahn EDITOR-IN-CHIEF James J. Spina EXECUTIVE EDITOR Jackie Micucci SENIOR EDITOR/FEATURES Gloria Nicola PHOTOGRAPHY Ted Heller For information on participation in future Jobson Optical Special Initiatives please contact: VP/ADVERTISING SALES Dennis Murphy (212) 274-7101 VP MARKETING/PUBLISHER 20/20 GROUP Jim Vitkus (212) 274-7150 VP, OPTICAL RETAIL GROUP PUBLISHER Bill Scott (212) 274-7131 My first concept of deluxe came to me in a music video. Madonna, draped in diamonds, outfitted in a hot pink satin dress complete with the 80s-necessary giant floppy bow in the back, being hoisted up by a bevy of swooning men. She seemed to me the epitome of glamour, even with her teased highlighted hair that hasn t really withstood the test of time. For a six-year-old whose mantra was the more purple, pink and rhinestones the better, I guess I had some trouble discerning between luxury and tackiness then. And I certainly knew nothing of the truly glamorous iconic predecessor to this video, Marilyn Monroe s classic performance of Diamonds Are a Girl s Best Friend. Admittedly, even when I see the Material Girl video today, I can t help but think it s a little bit luxurious, even if it is a little ok, a lot gaudy. Deluxe lifestyle need not be quite so over the top glitz and glam, but the concept of the Material Girl s luxurious demeanor holds true for deluxe eyewear, reincarnated with high quality and class. Deluxe is all about exclusivity, details and accents, attention to design, rich colors, exceptional materials and cutting-edge technology. It s about making the wearer feel decadent and exclusive. On the retail end of the spectrum, deluxe is all about making the customer feel pampered. Creating an environment where the focus is on the customer is key. Make every sale seem like a personal red carpet has been rolled out for them, just as one would do with fine wine, jewelry or a hot new car. Thankfully, the pink satin dress and diamonds can stay put. Melissa Arkin, 20/20 Deluxe Edition Editor, markin@jobson.com 2009 DELUXE 3

4 DELUXE 2009 ERMENEGILDO ZEGNA SZ3120V from Viva International Group

THERE IS ONLY ONE ROLLS ROYCE. REDISCOVER THE TRUE LUXURY BRAND FRED IS PURE - FRED IS NOW For more information, please call Premiere Vision at 800-345-3733 or info@premiere-visions.com 2009 DELUXE 5

6 DELUXE 2009 ESCADA SES126 from Viva International Group

Exclusively distributed by Viva International Group nos. VZ 3568/VZ3569 www.zegna.com 2009 DELUXE 7

8 DELUXE 2009 FRED LUNETTES Pearls from Premiere Vision

2009 DELUXE 9

10 DELUXE 2009 CHRISTIAN AUDIGIER CAS409 from Revolution Eyewear

Thukral & Tagra, Mixed Media New Delhi, India 2009 DELUXE 11

12 DELUXE 2009 PERSOL PO2897V from Luxottica Group

D eluxe eyewear is all about exclusive labels, sumptuous materials, high quality and craftsmanship. Precious stones, intricate details and logos abound. It makes the wearer feel pampered and glamorous, and is a fashion ticket to a lap-of-luxury lifestyle. The luxury market is a critical niche in the industry. Check out these findings from Jobson Optical Research to see how eyecare professionals view luxury. MELISSA ARKIN Does this location dispense luxury eyewear? Luxury eyewear has a strong presence in retail locations. Over three-quarters (76 percent) of locations surveyed reported they dispensed luxury eyewear. 76% (luxury) 24% (no luxury) What percent of this location s sales revenues come from luxury eyewear sales? Of those that dispense luxury eyewear, more than half (59 percent) said the sales from luxury frames amounted to 25 percent or less of sales. Just shy of one-third (30 percent) of the locations reported their sales revenues were comprised between 26 percent and 50 percent by luxury eyewear. Only one-tenth (11 percent) of the locations said that more than half of their sales came from luxury frames. 59% (25% or less) 30% (26-50%) 11% (50%) 2009 DELUXE 13

Which of the following best describes luxury eyewear to you? When faced with the subject of luxury eyewear, respondents were asked to pick one qualifying feature that best defines eyewear to them. The number-one response that 42 percent of ECPs selected was oky best described luxury eyewear. After that, exclusivity got 38 percent of the respondents votes, followed by 21 percent who thought a high price was the key factor in luxury eyewear. 42% (high quality) 38% (exclusivity) 21% (high price) Starting at which price point would you classify luxury eyewear? The majority (56 percent) of ECPs consider the retail price point at which a frame can be considered luxury to be higher than $300. More than one quarter (26 percent) responded that $200 was the price at which they d refer to eyewear as luxury and only 17 percent said they d call frames luxury if they cost over $500. 17% ($500+) 56% ($300+) 26% ($200+) Approximately how many luxury eyewear brands does your location dispense? They say the more the merrier, but among the locations dispensing luxury eyewear, almost half (48 percent) keep it simple and carry three luxury brands or less. Over one-third (35 percent) carry between four and six brands. A drastically smaller percentage (7 percent) carried between seven and nine luxury brands, while one-tenth (10 percent) carried 10 brands or more. 7% (7-9) 48% (3 or less) 35% (4-6) 10% (10+) METHODOLOGY: Jobson Optical Research fielded this study in August 2007. Only respondents who are involved in managing the location or in dispensing/purchasing frames were qualified to take this survey. A total of 236 surveys were completed. The complete Luxury Eyewear Study is available for $299. To place an order, visit www.jobsonresearch.com or contact Jennifer Zupnick at jzupnick@jobson.com. 14 DELUXE 2009

T H E N E W W O R L D O F L U X U R Y E Y E W E A R Endless Opportunities in Sight DELUXE T H E N E W W O R L D O F L U X U R Y E Y E W E A R FEBRUARY 2009 sun is the ultimate present ult m i ate pr e e s nt sun is th e You Should FEBRUARY 2009 Consider Being Seen in the Next One Call for that Opportunity Bill Scott VP/Optical Retail Group Publisher 212-274-7131 Dennis Murphy VP Advertising Sales 212-274-7101 Jim Vitkus VP/Marketing/Publisher 20/20 Group 212-274-7150