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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.
Peter Millar was founded in 2001 by Greg Oakley, Chet Sikorski, and Chris Knott. In 2005, Scott Mahoney and Sea Island Company purchased Peter Millar and named Mahoney as CEO. [3] In 2007, Peter Millar signed a license agreement with Empire Clothing of Canada for the manufacturing and distribution of Peter Millar's tailored clothing line. [4]
The golf apparel brand was founded in 2019 by Olajuwon Ajanaku and Earl Cooper. Together, they're helping break barriers to access, diversity, and inclusion in the sport.
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]
In 2017, Callaway acquired OGIO, a US-based bag and apparel brand, and TravisMathew, a California-based lifestyle and golf apparel brand. [16] [17] In 2019, Callaway acquired German outdoor apparel company Jack Wolfskin. [18] On October 27, 2020, Callaway announced it will acquire Topgolf Entertainment Group for $2 billion. [19]
Ashworth was a golf enthusiast and Montiel ran a sporting goods store. Montiel hired Ashworth as a buyer for the golf department in 1985. They observed that golf fashions in the 1980s could use more style. After the sporting goods store went out of business, Ashworth started designing the clothes while Montiel raised money for his idea.
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