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703 KB - Luxottica

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REVO timeline<br />

NASA tens<br />

technology:<br />

Designed for precision<br />

lenses on strategic<br />

defense satellites to<br />

protect against sun’s<br />

rays in outer space.<br />

REVO develops sport<br />

channel:<br />

Strong independent<br />

network of sporting goods<br />

and ski/board shops create<br />

consumer interest<br />

and drive sales.<br />

Icon Sports Division created:<br />

Leveraging Oakley’s sport<br />

category expertise, the Icon<br />

Sports Division begins work on<br />

a completely revamped product<br />

line and brand<br />

1980 1985 ‘85- 90’s 1999<br />

2008<br />

2009<br />

REVO founded:<br />

Mitch Ruda, Engineer,<br />

applies NASA technology<br />

to the first premium price,<br />

sport performance<br />

sunglass<br />

<strong>Luxottica</strong> purchases REVO:<br />

Distribution focused on optical<br />

channel with little penetration in<br />

sport channel. Limited<br />

investments made in the brand.<br />

Relied on brand equity with the<br />

consumer.<br />

New REVO:<br />

Re-newed, Refreshed<br />

and Reinvigorated<br />

brand<br />

and products<br />

launched<br />

Winning through the cycle<br />

36

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