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Foster Grant, or FosterGrant, is an American brand of eyewear founded by Sam Foster in 1919. The Foster Grant brand is a subsidiary company of FGX International , a consumer goods wholesaler with headquarters in Smithfield, Rhode Island , which has been owned by Essilor , today EssilorLuxottica , since 2010.
In 2006, French prescription lens maker Essilor bought Foster Grant, then reorganized into a Nasdaq-traded holding company named FGX International for $465 million. [19] [27] 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 ...
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Walmart is heading into the official start of the holiday shopping season with strong tailwinds after ratcheting up better-than-expected fiscal third-quarter sales in many items including toys ...
Foster found a ready market on the beaches of Atlantic City, New Jersey where he began selling sunglasses under the name Foster Grant from a Woolworth on the Boardwalk. [21] By 1938, Life magazine wrote of how sunglasses were a "new fad for wear on city streets ... a favorite affectation of thousands of women all over the U.S."
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