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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.
In January 2017, Essilor and Luxottica announced the merger of their activities. After having received the necessary authorizations from the competition authorities of the United States, the European Union, Brazil, Canada and China, EssilorLuxottica was created on 1 October 2018. [5]
VSP Vision Care is a private company that offers vision insurance, eyewear, and ophthalmic technology in several countries. It was founded in 1955 by a group of optometrists in California and became the largest vision insurance company in the US.
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.
After many years as rivals, Essel and Silor merged on 1 January 1972 to form Essilor, then the world's third-largest ophthalmic optical firm. [1] Its first year of existence was marked by the creation of Valoptec, a non-trading company composed of stockholder managers who held half the company's capital stock, and the purchase of Benoist-Bethiot, a French lens manufacturer specializing in ...
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.
Ray-Ban is a luxury brand of sunglasses and eyeglasses created in 1936 by Bausch & Lomb. Learn about its iconic styles, such as Wayfarer and Aviator, its smart glasses collaboration with Facebook, and its efforts to combat counterfeiting.
Vision Source is a limited partnership of independent optometrists in the U.S. that provides access to new technologies, practice management tools, and supply chain programs. Founded in 1991, it is the second largest optical retailer in the U.S. and a subsidiary of Essilor International.