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Organization

Sunglass Hut

Sunglass retail chain; bought by Luxottica in 2001.

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acquired by

  • Luxottica 2001 Scholarship & press 12

    The trade press at the time called the price "rumored" at $653 million in cash plus assumed debts.

involved in

Timeline 1 date
  1. 2001 Luxottica acquired Sunglass Hut
Proof 2 sources
  1. Luxottica's Future is So Bright, Visual Merchandising and Store Design, 2001. Scholarship & press
    Luxottica, of Belluno, Italy, the world's largest eyewear company, has agreed to buy Sunglass Hut, International, of Coral Gables, Fla., the world's largest specialty sunglasses retailer.
  2. Onetime Rival Oakley Selling for $2.1B to Luxottica, Orange County Business Journal, 2007. Scholarship & press
    In the early 2000s, Luxottica roiled Oakley by cutting the number of the company’s sunglasses sold at Sunglass Hut just after Luxottica bought the mall chain in 2001.
    By late 2001, the companies settled and Oakley resumed sales through Sunglass Hut.
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