Luxottica
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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.
Luxottica owns not only a large portfolio of brands (over a dozen) 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 been ...
In addition to the brands it owns, EssilorLuxottica presently has exclusive manufacturing licensing for Armani, Brooks Brothers, Burberry, Chanel, Coach, Dolce & Gabbana, Ferrari (through a Ray-Ban partnership), Michael Kors' eyewear, Miu Miu, Prada, Ralph Lauren, Swarovski, Tiffany & Co., Tory Burch, and Versace.
Facebook's hardware efforts over the years have been, to put it bluntly, weak. Sure, the company's enjoying the recent runaway success of its unchallenged Oculus Quest 2 VR headset (from a brand ...
Ray-Ban Wayfarer sunglasses and eyeglasses have been manufactured by Ray-Ban since 1952. Made popular in the 1950s and 1960s by music and film icons such as Buddy Holly, Roy Orbison and James Dean, Wayfarers almost became discontinued in the 1970s, before a major resurgence was created in the 1980s through massive product placements . The Ray ...
The original Bausch & Lomb design is now commercially marketed as Ray-Ban Aviators, although other manufacturers also produce aviator-style sunglasses.