Pankaj111. Sunglass Hut
Headquarters: Mason, Ohio, USA
Bought By: Luxottica Group
Headquarters: Milan, Italy
A beacon for sunglass aficionados, Sunglass Hut began its journey in 1971 as a modest kiosk in Miami. Founded by optometrist Sanford Ziff, it expanded rapidly throughout the 1980s and 1990s, becoming the go-to destination for high-quality, fashionable eyewear in malls across America.
However, its ownership narrative took a global turn in 2001. Luxottica Group, an Italian-based world leader in eyewear, acquired Sunglass Hut in a deal valued at approximately $653 million. Under Luxottica’s global portfolio, Sunglass Hut expanded its footprint even further, establishing stores in various corners of the world.