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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.
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. [24] In August 2011, Luxottica acquired Erroca for €20 million. [25]
According to the company, 50 percent of its revenue came from repeat customers in 2013. [citation needed] Customers must have a valid prescription prior to purchasing prescription eyeglasses from Eyebuydirect. [9] The company sells multiple types of lenses, including bifocal, progressive, and Transitions lenses. [5]
While going through the inventory, a receipt was found naming the frames' original owner, Oliver Peoples. The brothers named the company after him. [3] In 2006, Oakley acquired Oliver Peoples for $46.7 million. [10] In 2007, Oakley was purchased by eyewear giant Luxottica. [11] In 2016, Rocco Basilico became the CEO of Oliver Peoples.
Oakley sunglasses were used by bicycle racer Greg LeMond, raising the company's profile. [3] In the 1980s, Jannard restricted the sale of Oakley sunglasses to the Sunglass Hut, although small specialty shops could continue to sell Oakley sunglasses. [2] In 1991, his company had 200 employees. [3] In 1995, the company went public. [2]
The company's roots began in 1980 when a fisherman began selling sunglasses on the beaches of Maui, Hawaii. [1] [4] He was known as the original "Maui Jim". [1]Several years later, the company developed polarized sunglasses to protect eyes from glare and ultraviolet rays.
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related to: oakley inc. lenses company reviews and complaintsebay.com has been visited by 1M+ users in the past month
lenscrafters.com has been visited by 10K+ users in the past month
1599 W Lane Ave, Columbus, OH · Directions · (614) 486-7589
The quality of the glasses was outstanding. - Bizrate