Luxottica
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Sunglass Hut is an international retailer of sunglasses and sunglass accessories founded in Miami, Florida, United States, in 1971. Sunglass Hut is part of the Italian-based Luxottica Group, the world’s largest eyewear company.
Luxottica retails its products through stores that it owns, predominantly LensCrafters, Sunglass Hut, Pearle Vision, Target Optical, and Glasses.com. It also owns EyeMed, one of the largest vision health insurance providers.
The company dominates the global eyewear market as the largest single player in that market. Retail. EssilorLuxottica is the largest company in retail sales, owning many of the largest eyewear retail chains in the world. By number of locations, EssilorLuxottica's largest store chain is Sunglass Hut, with
Ray-Ban, Oakley, LensCrafters, Sunglass Hut Luxxotica is the world's largest eyewear company, vertically integrated to design, manufacture, market, and sell more than 40 glasses brands ...
Staying power is crucial for competing in a saturated market – and for Sunglass Hut, which reached its 50th anniversary milestone this year, longevity proves the case that sunglasses wield an ...
Luxottica stopped carrying Oakley's products in their stores, including Sunglass Hut, and Oakley's stock market value declined 33%. [10] [11] In 2001, Oakley bought Iacon, Inc., operator of mall-based sunglasses stores Sunglass Designs, Sporting Eyes, and Occhiali da Sole.
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