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Luxottica is a vertically integrated company that designs, manufactures, distributes, and retails eyewear brands worldwide. It owns or licenses many luxury and designer brands, such as Ray-Ban, Persol, Oakley, and Chanel, and merged with Essilor in 2018.
Sunglass Hut is an international retailer of sunglasses and sunglass accessories founded in Miami, Florida, in 1971. It is part of the Luxottica Group, the world’s largest eyewear company, and operates 2,000 outlets in 20 countries.
Oakley, Inc. is an American company that makes sports performance equipment and lifestyle pieces, such as sunglasses, goggles, watches, and apparel. Founded in 1975 by Jim Jannard, it is now a subsidiary of Luxottica and has over 600 patents for eyewear and performance gear.
Luxottica accounts for 60 percent of all sunglass sales in the US. The next largest is Safilo, which holds a comparatively small share of 6 percent.
EssilorLuxottica is an Italian-French company that produces and sells ophthalmic lenses, optical equipment, prescription glasses and sunglasses. It was created in 2018 from the merger of Essilor and Luxottica, two leading players in the eyewear industry, and is listed on the Euronext Paris stock exchange.
Find out which 500 large-cap companies are included in the S&P 500 stock market index, updated regularly by S&P Dow Jones Indices. See the symbol, security, sector, sub-industry, headquarters, location, date added and founded for each company.
Jim Jannard is a designer, businessman and founder of Oakley, Inc., an eyewear and apparel company, and Red Digital Cinema Camera Company. He owns several islands and properties in California and Fiji, but his personal life and wife are not mentioned on this web page.
Foster Grant is a subsidiary of FGX International, a consumer goods wholesaler owned by EssilorLuxottica. It was founded in 1919 by Sam Foster and became famous for its celluloid sunglasses and advertising campaigns featuring celebrities.