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Maui Jim is an American sunglasses manufacturer based in Peoria, Illinois. [ 2 ] Founded in Lahaina, Hawaii , in 1980, the company designs, develops, and manufactures a wide variety of sunglasses marketed under the eponymous brand name.
[citation needed] In 1994, the company retired its founding contact lens insurance product and in 1996 RLI sold its RLI Vision unit to Maui Jim, a manufacturer of luxury sunglasses. [citation needed] In 2013, RLI invested $20 million in renovations of their Peoria headquarters. [11]
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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.
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Luxottica was founded in Agordo by Leonardo Del Vecchio in 1961 as a sunglasses manufacturer selling and branding under its own name. Del Vecchio quickly acquired numerous businesses in the pursuit of vertical integration, buying distribution companies rapidly and signing its first designer licensing agreement with Giorgio Armani .
[49] [48] Sunglasses make up 42% of the global eyewear market as of 2020. They protect the eyes from sun damage and conjunctivitis, but are also sold as fashion accessories, with many consumers opting to have a number of sunglasses for different occasions. [48] EssilorLuxottica controls a dominant portion of the eyewear retail market.