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Luxottica owns not only a large portfolio of brands (over a dozen [53]) such as Ray-Ban and Oakley but also retailers such as Sunglass Hut, Lenscrafters and Oliver Peoples, the optical departments at Target, and (formerly) Sears, as well as key eye insurance groups including the second largest glasses insurance firm in the US, EyeMed. It has ...
Ray-Ban is a brand of luxury sunglasses and eyeglasses created in 1936 by Bausch & Lomb.The brand is best known for its Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to Italian eyewear conglomerate Luxottica Group for a reported $640 million.
Previous acquisitions from Luxottica include Vogue Eyewear in 1990, [36] Persol in 1995, [37] Ray-Ban and Arnette in 1999, [38] [39] Oakley and Oliver Peoples in 2007, [40] [41] Alain Mikli in 2012, [42] and Bolon eyewear owner Xiamen Yarui Optical in 2013. [43]
Costa Del Mar was founded in 1983 by Ray Ferguson in Daytona Beach. By 1986, it was the official gear of the Stars & Stripes team in America's Cup yacht racing contest and quickly became popular among surfers and recreational fishermen due to its sun glare protection.
Essilor would keep the company's current management, though paid FGX shareholders in cash rather than stock. Essilor would later go onto acquire Ray-Ban maker Luxottica in 2018, changing its name to EssilorLuxottica in the process. [9] [10] In 2018, FGX International acquired Indiana-based One Click Ventures. [11]
Pearle Vision is an American chain of eye care stores. It is one of the largest franchised optical retailers in North America. The company was acquired by Luxottica (which has since merged with Essilor to form EssilorLuxottica), [2] an Italian eyewear company, in 2004.
Oliver Peoples is an American luxury eyewear brand established in 1986, and owned by Luxottica. [1] The brand is sold in Oliver Peoples boutiques, online, and in fashion boutiques and department stores throughout the world. Oliver Peoples eyewear is designed in Los Angeles, Italy, and Japan. [2]
Eyebuydirect was founded in 2005 by Roy Hessel, a former venture capitalist. [9] [10] The company launched Eyebuydirect.com in March 2006.[11]In 2007, Eyebuydirect added EyeTry, a "try-on" function, to its site. [9]