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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.
The listing raised money for the company and allowed it to use its shares to acquire other brands, starting with Italian brand Vogue Eyewear in 1990, Persol and LensCrafters in 1995, Ray-Ban from Bausch & Lomb in 1999 and Sunglass Hut in 2001. [17]
EssilorLuxottica retail brands by number of locations in 2020 [34] Brand name Number of locations Sunglass Hut: 3,239 Óticas Carol 1,402 LensCrafters: 1,094 Vision Express 549 Pearle Vision: 548 Target Optical: 536 GMO 447 Salmoirgahi & Viganò 389 Oakley: 384 OPSM: 376 Ray-Ban: 248 David Clulow Optical 123 All others 153
That's a low bar, given how deeply its first generation of the Ray-Ban glasses from 2021 disappointed — selling only about 300,000 pairs, less than 10% of which were still in use last summer.
When standard Ray-Ban Wayfarers go for $199, the smart glasses $299 starting price gives you a lot of bang for your buck. These are comfortable, easy-to-use, and last all day.
Meta's Ray-Ban smart glasses are getting an upgrade with new AI features and memory retention. The glasses can scan QR codes, give live assistance in the moment, and offer live translations. Mark ...