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Oakley, Inc. is an American company headquartered in Foothill Ranch, California, which is an autonomous subsidiary of Luxottica.The company designs, develops and manufactures sports performance equipment and lifestyle pieces including sunglasses, safety glasses, eyeglasses, sports visors, ski/snowboard goggles, watches, apparel, backpacks, shoes, optical frames, and other accessories.
Luxottica acquired Oakley in November 2007 for US$2.1 billion. Oakley had tried to dispute their prices because of Luxottica's large marketshare, and Luxottica responded by dropping Oakley from their stores, causing their stock price to drop, followed by Luxottica's hostile take over of the company. [24]
A number of sunglass manufacturers and suppliers including INVU, BIkershades, Tifosi, Intercast, Oakley, ZEISS, Serengeti Eyewear, and Persol provide tinted lenses that use photochromism to go from a dark to a darker state. They are typically used for outdoor sunglasses rather than as general-purpose lenses.
Additionally, it was the first to combine this passing score with the highest marks for lens clarity. Jerry Garcia's sunglasses had a polykrypton-C type of lens which was 'cutting edge' in 1995. Any of the above features, color, polarization, gradation, mirroring, and materials, can be combined into the lens for a pair of sunglasses.
About a year after Essilor acquired Foster Grant, Luxottica further acquired sports eyewear manufacturer Oakley in 2007 for US$2.1 billion. The acquisition followed a pricing dispute between the two companies, with Luxottica causing Oakley's stock price to plummet by pulling its product out of Luxottica-owned Sunglass Hut and LensCrafters.
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