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said it would merge its half a dozen sunglasses outlets into a single brand as it focuses on optics. Most of the Foothill Ranch company's 110 mall-based stores would be consolidated under its Sunglass Icon brand. The change affects Oakley's Occhiali da Sole, Optica Sporting Eyes, fake oakleys Sunglass Club and Sunglass Designs chains. The company said that two Optica stores would be managed by Optical Shop of Aspen, a fashion-eyewear maker bought by Oakley in March.

sued Nike Inc., claiming it infringed a fake oakley sunglasses patent used in Oakley's X Metal line of sunglasses. In a suit filed in federal court in Los Angeles, Oakley claims Nike has been using Oakley's decentered noncorrective lens technology, which provides minimal prismatic distortion, in its line. The suit seeks unspecified damages and a court order barring Nike from producing and marketing the sunglasses. Representatives of Beaverton, Ore.-based Nike were not immediately cheap oakleys available for comment.

shaking up its corporate suite again, said Thursday that Chairman Jim Jannard will become chief executive officer, the first time he has held the position since he founded the sunglasses company in 1975. Former Gatorade executive cheap oakley sunglasses William Schmidt, who took the reins six months ago and quickly began expanding the Foothill Ranch-based company's marketing efforts, has resigned. Jannard, 50, will be Oakley's fourth chief executive since the company went public four years ago.

stock hit a record high Tuesday as the designer and manufacturer of sunglasses and goggles posted a 33% gain in net income for the first quarter on record sales. Oakley shares closed at $42.875, up $3 per share, after hitting a record $43.33 earlier in the day. A total of 226,500 shares changed hands, discount oakley sunglasses more than double the average daily volume on the New York Stock Exchange. The stock has risen 86% from its initial public offering price of $23 last August.

Stepping up its aggressive pursuit of counterfeiters, said Monday that New York police shut down a huge counterfeit sunglasses ring, seizing $19 million worth of fake sunglasses and labeling equipment. Five people were arrested in the raids, replica oakley sunglasses which took place over two days in late November.

investigators and police raided five sites in China and South Africa where counterfeit sunglasses were being made or distributed, the Foothill Ranch-based company said Monday. Seized in the raid were more than 200,000 pair of fake Oakley sunglasses in various stages of assembly, along with equipment and supplies, the company said. It was the largest number of counterfeit Oakley products ever confiscated in those countries. The raids were conducted between Oct. 8 and Nov.

The Foothill Ranch sunglasses manufacturer, benefiting from an increase in sales to its largest customer, said Wednesday that first quarter net income more than doubled to $1.3 million, or 2 cents a share, from $550,000, or 1 cent a share, a year ago. Sales grew 19% to $41 million from $34.4 million. Oakley said sales to its largest customer, Sunglass Hut, International, increased significantly during the quarter.

Chairman Jim Jannard said he'll buy up to 1 million shares of the company's stock, adding to the 3 million he's bought this year, in a move to show confidence in the struggling eye-wear maker. The purchases would be valued at more than $9 million if made Friday. Oakley's shares have oakley sunglasses discount fallen 34% since June 30.

still reeling from lower sales to its largest customer, posted a 57% drop in third-quarter earnings on a 12% decline in sales. The maker of upscale sunglasses reported that net income for the three-month period fell to $6.8 million, or 10 cents a share, from $15.7 million, or 22 cents a share, for the comparable quarter last year. Sales totaled $59.4 million, down from from $67.8 million. For the nine-month period, net income declined 62% to $16.

 

 

 

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