Ads
related to: pearle vision official site
Search results
Results From The WOW.Com Content Network
Pearle Vision is an American chain of eye care stores. It is one of the largest franchised optical retailers in North America. It is one of the largest franchised optical retailers in North America. The company was acquired by Luxottica (which has since merged with Essilor to form EssilorLuxottica ), [ 2 ] an Italian eyewear company, in 2004.
Target Optical was founded by the Cole National Corporation in 1995 [1] in Cleveland, Ohio.In 2004, the Cole National Corporation was acquired by the Italian Luxottica S.p.A. along with other Cole National Corporation holdings such as Pearle Vision.
In 1992, LensCrafters surpassed Pearle Vision to become the largest chain of eyeglass retailers in the United States, with roughly $660 million in annual revenue. [ 8 ] In 1995, Luxottica launched a hostile takeover attempt of United States Shoe CorporationU.S. Shoe , with the goal of acquiring LensCrafters. [ 13 ]
Luxottica also owns EyeMed Vision Care, a managed vision care organization in the United States. [46] As of 2014, it is the second-largest vision benefits company in the United States. [ 47 ] [ 48 ] [ 49 ]
Get breaking news and the latest headlines on business, entertainment, politics, world news, tech, sports, videos and much more from AOL
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]