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Shades

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Possible Answers:

TINTS.

Last seen on: The New York Tuesday, March 21, 2023 Crossword Answers

Random information on the term “Shades”:

Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world’s largest company in the eyewear industry. It is based in Milan, Italy. Its best known brands are Costa, Ray-Ban, Persol, Oliver Peoples and Oakley.

Luxottica is a vertically integrated company, which has been described as a monopoly—it designs, manufactures, distributes, and retails its eyewear brands through companies such as LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, and Glasses.com. It also owns EyeMed, one of the largest vision health insurance providers. Luxottica’s market power has allowed it to charge price markups of 1000%.

Luxottica also makes sunglasses and prescription frames for designer brands such as Chanel, Prada, Giorgio Armani, Burberry, Versace, Dolce and Gabbana, Michael Kors, Coach, Miu Miu and Tory Burch.

In January 2017, Luxottica announced a merger with Essilor. The combined entity would command more than one quarter of global value sales of eyewear. In March 2018, the European Commission unconditionally approved the merger of Essilor and Luxottica. On 1 October 2018, the new holding company EssilorLuxottica was born, resulting in combined market capitalization of approximately $70 billion.

Shades on Wikipedia

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