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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.
Luxottica acquired Oakley in November 2007 for US$2.1 billion. Oakley had tried to dispute their prices because of Luxottica's large marketshare, and Luxottica responded by dropping Oakley from their stores, causing their stock price to drop, followed by Luxottica's hostile take over of the company.
The Oakley THUMP was a sunglasses featuring an audio player built into the frame, in addition to having flip up lenses for indoor usage. It was available in black. RootBeer, Tortoise, and White Camo; which varied on a user's choice of buying a 128MB or a 256MB set of glasses. [1] To add music to the sunglasses, users would use programs such as ...
Jake Lerch, The Motley Fool. June 25, 2024 at 10:29 AM. News flash: The stock market is in trouble. That might seem hard to believe, with the stock market making record highs. Yet below the ...
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