Oakley Inc currently holds more than 600 patents for eyewear, materials, and performance gear.
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Oakley Inc currently holds more than 600 patents for eyewear, materials, and performance gear.
| FactSnippet No. 1,191,134 |
Oakley Inc was started by James Jannard in 1975 in his garage with an initial investment of $300.
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Oakley Inc went on to produce number plates, gloves, grips, elbow guards, chin guards, and goggles for the BMX and motocross communities.
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In early 1996, Oakley Inc had a pricing dispute with Italian company Luxottica, the world's largest eyewear manufacturers and retailers.
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In 2001, Oakley bought Iacon, Inc, operator of mall-based sunglasses stores Sunglass Designs, Sporting Eyes, and Occhiali da Sole.
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Oakley Inc signed a four-year agreement to manufacture eyewear designed by themselves and Fox Racing in September 2004.
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In 2006, Oakley Inc acquired the Oliver Peoples group, a manufacturer of high-end fashion branded eyewear for $55.
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Later in 2006, Oakley acquired Eye Safety Systems, Inc, another major manufacturer of tactical eye protection, for US$110m.
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Luxottica's acquisition of Oakley Inc was criticized as a potential violation of antitrust laws.
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Oakley Inc donated 35 pairs of its Radar sports glasses, fitted with specially selected tints.
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Oakley Inc sponsored members of the US Olympic Team in 2012, and that same year, extended the partnership through 2020.
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