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Website. ray-ban .com. 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. [ 1][ 2]
AN6531 sunglasses with Type 1 AN6531 lenses made by American Optical. In the second half of the 1930s and early 1940s, a group of American firms kept developing sunglasses. The military "flying sun glasses (comfort cable)" were standardized in November 1941. They were produced in large quantities (several million pieces) for pilots and sailors.
Luxottica. Luxottica Group S.p.A. is an Italian eyewear conglomerate based in Milan. As a vertically integrated company, Luxottica designs, manufactures, distributes, and retails its eyewear brands all through its own subsidiaries. The company, presently organized as a subsidiary of EssilorLuxottica which formed when the Italian conglomerate ...
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1950s singer Buddy Holly helped popularise Wayfarers. 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.
Greg Abel (Vice-chair, non-insurance operations and likely successor to Buffett) Greg Abel came to Berkshire as part of its acquisition of a stake in MidAmerican Energy, now known as Berkshire ...
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