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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.
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.
Foster Grant – American brand selling non-prescription reading glasses; acquired from FGX in 2010. Bolon – Chinese ophthalmic frame brand. Molsion; Kodak Lens – Mid-range lens and coating brand, produced under license from Eastman Kodak. Less premium than Essilor's flagship Varilux and Crizal products.
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Essilor also brought some eyewear brands to the combined company, the largest of which being Foster Grant, acquired in 2010, [44] and Costa Del Mar, a part of Essilor since 2014. [45] Despite ownership of brands, Luxottica also brought over exclusive eyewear manufacturing deals to the company, mostly with major European fashion houses.
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