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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. As of 2015, it was the third-largest producer of sunglasses in the world. [ 1]
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
The company has said that the market is highly competitive, and that their frames account for ≈10% of sales worldwide and ≈20% in the United States. [ 56 ] [ 55 ] Euromonitor International estimated that Luxottica's market share was 14% worldwide, with the second-largest company in the industry, Essilor , holding a 13% market share.
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The 2007 Maui Invitational Tournament ranked among Hawaii's top revenue-generating events, bolstering the local economy by more than $8 million according to financial data released by the Maui Visitors Bureau. The tournament has brought more than $110 million to Maui's economy since the tournament's debut in 1984 (through 2005). [10]
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