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sunglasshut .com. Sunglass Hut is an international retailer of sunglasses and sunglass accessories founded in Miami, Florida, United States, in 1971. Sunglass Hut is part of the Italian-based Luxottica Group, the world’s largest eyewear company. As of December 31, 2008, the Luxottica Group operated 2,286 stores around the world, most of those ...
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The company has said that the market is highly competitive, and that their frames account for ≈10% of sales worldwide and ≈20% in the United States. [56] [55] Euromonitor International estimated that Luxottica's market share was 14% worldwide, with the second-largest company in the industry, Essilor , holding a 13% market share.
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It stated that 20 million sunglasses were sold in the United States in 1937 but estimated that only about 25% of American wearers needed them to protect their eyes. At the same time, sunglasses started to be used as aids for pilots and even produced for the gaining aviation sector, eventually adding to sunglasses as cultural icons and to their ...
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