Does Luxottica Own Ray-ban?
Luxottica and Ray-Ban Luxottica owns popular brands like Ray-Ban, Oakley, and Persol. Ray-Ban joined Luxottica Group in 1999. Ray-Ban is known for its aviator sunglasses and wayfarer frames. Oakley eventually sold to Luxottica in 2007. One competitive advantage of Luxottica is its vertically-integrated business model. Luxottica acquired Sunglass Hut, a sunglasses retailer, in 2001. Luxottica … Read more