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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.
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 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 accounts for 60 percent of all sunglass sales in the US. The next largest is Safilo, which holds a comparatively small share of 6 percent.
Online, the company further owns Clearly, Eyebuydirect, FramesDirect.com, and online properties under its brand names such as Ray-Ban and Oakley. [ 35 ] EssilorLuxottica retail brands by number of locations in 2020 [ 34 ]
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. After his first year at the helm, Basilico earned himself a place on the famed Forbes ' '30 Under 30' list. [12]
Many of the sunglasses carried by Costco Optical are from designer brands, including: ... Oakley. Saint Laurent. Stella McCartney. Swarovski. XOXO. And others — the full selection can be found here.
Glasses USA is another online eyewear retailer offering a huge selection (as in over 7,000 frames) of cheap glasses. Unlike some of the competition, Glasses USA also offers free shipping and ...