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Ray-Ban is a brand of luxury sunglasses and eyeglasses created in 1936 by Bausch & Lomb. The brand is best known for its Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to Italian eyewear conglomerate Luxottica Group for a reported $640 million.
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Persol sunglasses Ray-Ban's Aviators. Luxottica's two main product offerings are sunglasses and prescription frames. The company operates in two sectors: manufacturing & wholesale distribution, and retail distribution. [36] The house brands include the following: [37] [4]
[12] In 1936 Ray-Ban had been founded as a civilian division of Bausch & Lomb. This style of sunglasses is credited with being one of the first popularized styles of sunglasses to be developed. [16] In its military usage, the sunglasses replaced the outmoded flight goggles used previously, as they were lighter, thinner, and "more elegantly ...
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But like Walmart, Costco's stock isn't a bargain at 47 times next year's earnings. It also pays a tiny forward dividend yield of 0.5%. It also pays a tiny forward dividend yield of 0.5%. The ...
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