LVMH’s Eyewear Outfit Thélios Buys Storied French Outdoor Brand Vuarnet Beloved by James Bond
September 12, 2023
LVMH’s eyewear subsidiary, Thélios, has made its first proprietary acquisition by purchasing the iconic French outdoor eyewear brand, Vuarnet, from NEO Investment Partners. Founded in 1957, Vuarnet is known for producing its own mineral lenses, offering a sustainable and durable alternative to plastic. This acquisition will grant Vuarnet access to Thélios’ extensive resources, enabling the brand to enhance product quality, innovate, and expand globally.
Recent News
Peloton CEO Steps Down and Layoffs Begin
Peloton, the popular fitness technology company, has announced significant changes in its leadership and organizational structure.
California Restaurants Must Start Eliminating Special Surcharges
Starting July 1, California is changing the game for restaurant bills.
T-Mobile Now Owns Ryan Reynolds-Backed Mint Mobile
The deal is worth upwards of $1.35 billion.
Chipotle Is Giving Away Over $1 Million in Burritos to Healthcare Workers
In acknowledgment of the tireless contributions of healthcare workers, Chipotle Mexican Grill has announced a notable gesture of appreciation: the distribution of 100,000 free burrito e-cards.