In the world of retail, few companies can match the sheer size and scale of Luxottica. With over 7,000 retail stores and roughly 10 production facilities worldwide, this Italian eyewear conglomerate is a true industry titan. However, what sets Luxottica apart from its competitors is not just its impressive size but also the fact that it owns many of the brands it sells.
One of the most notable brands that Luxottica owns is Ray-Ban. Originally founded in 1936 by American company Bausch & Lomb, Ray-Ban quickly became known for its iconic Aviator and Wayfarer sunglasses.
In 1999, Luxottica purchased Ray-Ban from Bausch & Lomb for $640 million. Since then, Ray-Ban has only grown in popularity and remains one of the most recognizable eyewear brands in the world.
Another major brand that Luxottica owns is Oakley. Founded in California in 1975, Oakley is known for its high-performance sports sunglasses and goggles. In 2007, Luxottica acquired Oakley for $2.1 billion, further expanding its already massive portfolio.
But Luxottica’s brand ownership doesn’t stop there. The company also owns several other popular eyewear brands including Vogue, Oliver Peoples, Persol, Alain Mikli, Arnette and more.
By owning these brands outright, Luxottica has complete control over their design, production and distribution. This allows them to maintain a consistent level of quality across all their products while also ensuring that they remain competitive in an ever-changing market.
Furthermore, Luxottica’s ownership of these brands allows them to offer exclusive products that can only be found in their own stores or on their own websites. This gives consumers yet another reason to shop directly with Luxottica rather than through third-party retailers.
In conclusion, while Luxottica’s vast network of retail stores and production facilities is impressive on its own, it’s their ownership of some of the most iconic eyewear brands in the world that truly sets them apart. With brands like Ray-Ban and Oakley under their umbrella, Luxottica is well-positioned to remain a dominant force in the eyewear industry for years to come.
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When it comes to eyewear, there are few brands that can match the reputation and quality of Luxottica. With a portfolio that includes both proprietary and licensed brands, Luxottica has established itself as a leader in the eyewear industry. Proprietary Brands
Luxottica’s proprietary brands include some of the most recognizable names in eyewear.
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