Does Oakley Own Versace?

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Does Oakley Own Versace?

If you are a fan of luxury fashion brands, you might have heard of Oakley and Versace. Both of these brands offer high-end products that are known for their quality and style. However, there has been some confusion regarding the ownership of these two brands.

Who owns Oakley?

Oakley is an American company that specializes in eyewear and other accessories such as backpacks, apparel, and watches. It was founded in 1975 by James Jannard and is currently headquartered in California. In 2007, Oakley was acquired by Luxottica Group, an Italian eyewear conglomerate that also owns several other popular brands such as Ray-Ban, Persol, and Vogue Eyewear.

Who owns Versace?

Versace is an Italian luxury fashion brand that was founded in 1978 by Gianni Versace. The company offers a range of products including clothing, accessories, fragrances, and home furnishings.

After the founder’s death in 1997, his sister Donatella Versace took over as the chief designer of the brand. In 2018, Versace was acquired by Michael Kors Holdings Limited (now Capri Holdings Limited), a fashion company that also owns other brands like Jimmy Choo and Michael Kors.

So does Oakley own Versace?

The answer is no – Oakley does not own Versace. While both companies are now owned by larger corporations (Oakley by Luxottica Group and Versace by Capri Holdings Limited), they are separate entities with their own unique histories and identities.

But why the confusion?

One reason for the confusion might be that both Oakley and Versace are known for their high-end eyewear products. Oakley is famous for its sporty sunglasses that are popular among athletes and outdoor enthusiasts, while Versace offers more fashion-forward sunglasses that are often seen on celebrities and in high-end fashion magazines. However, the fact that both brands produce eyewear does not mean that they are connected in any way.

The takeaway

It’s important to remember that just because two brands offer similar products or have some similarities in their histories, it does not mean that they are related or owned by the same company. In the case of Oakley and Versace, while they both offer high-end eyewear products, they are separate entities with their own unique stories and owners.

  • Oakley is an American company that specializes in eyewear and other accessories such as backpacks, apparel, and watches.
  • Versace is an Italian luxury fashion brand that was founded in 1978 by Gianni Versace.
  • Both companies are now owned by larger corporations (Oakley by Luxottica Group and Versace by Capri Holdings Limited).
  • Just because two brands offer similar products or have some similarities in their histories, it does not mean that they are related or owned by the same company.

In conclusion, Oakley does not own Versace. While both companies specialize in eyewear products, they have different origins and owners. It’s essential to understand the ownership structure of the brands you use to make informed decisions when purchasing their products.

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