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Sunglass Hut is an international retailer of sunglasses and sunglass accessories founded in Miami, Florida, United States, in 1971. Sunglass Hut is part of the Italian-based Luxottica Group , the world’s largest eyewear company.
[49] [48] Sunglasses make up 42% of the global eyewear market as of 2020. They protect the eyes from sun damage and conjunctivitis, but are also sold as fashion accessories, with many consumers opting to have a number of sunglasses for different occasions. [48] EssilorLuxottica controls a dominant portion of the eyewear retail market.
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]
Luxottica owns not only a large portfolio of brands (over a dozen [53]) such as Ray-Ban and Oakley but also retailers such as Sunglass Hut, Lenscrafters and Oliver Peoples, the optical departments at Target, and (formerly) Sears, as well as key eye insurance groups including the second largest glasses insurance firm in the US, EyeMed. It has ...
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.
All stores sell frames, lenses, sunglasses and accessories. Comprehensive service offerings include contact lens dispensing, free adjustments and repairs, and doctors of optometry at or next to every store. Visionworks also sells contact lenses online. [3] On June 27, 2019, VSP Global announced plans to acquire Visionworks. [6]