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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.
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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.
In 2010, Famous claimed to be dealing with some 800 brands as a company. In that year about 18 percent of the chain's business involved the brands of Famous' parent corporation, Brown Shoe Company (in May 2015 named Caleres ), which include Naturalizer, Dr. Scholl's , Franco Sarto, Sam Edelman and the chain's private label , Connie.
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In the late 1960s, Bowerman's pursuit of lighter shoes for his athletes led him to develop a sole by pouring rubber into his wife's waffle iron, inventing the modern running shoe. [12] After Knight decided to rename the company Nike and develop its own shoes, Bowerman's invention became the prototype for the company. [ 15 ]
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