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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.
Luxottica is a subsidiary of EssilorLuxottica, the world's largest eyewear company, formed by the merger of Luxottica and Essilor in 2018. Luxottica designs, manufactures, distributes, and retails eyewear brands such as Ray-Ban, Persol, Oakley, and many luxury and designer labels.
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.
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2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.
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