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Website. ray-ban.com. Ray-Ban is a brand of luxury sunglasses and eyeglasses created in 1936 by Bausch & Lomb. The brand is best known for its Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to Italian eyewear conglomerate Luxottica Group for a reported $640 million. [1][2]
The company listed in New York in 1990, [20] and in Milan in December 2000, [21] joining the MIB-30 (now FTSE MIB) index in September 2003. [22] The listing raised money for the company and allowed it to use its shares to acquire other brands, starting with Italian brand Vogue Eyewear in 1990, Persol and LensCrafters in 1995, Ray-Ban from ...
Aviator sunglasses. F.W. Hunter, Army test pilot, with AN 6531 sunglasses (1942) Aviator sunglasses are a style of sunglasses that was developed by a group of American firms. The original Bausch & Lomb design is now commercially marketed as Ray-Ban Aviators, although other manufacturers also produce aviator-style sunglasses.
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In August 2021, a $700 million funding round led by Fidelity Investments raised that valuation to over $10 billion. [14] The company then reportedly filed for an IPO in December 2021 with a valuation of $15 billion. [15] [16] Reddit debuted on the stock market on the morning of March 21, 2024 with the ticker symbol RDDT. [17]
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