Oakley, Inc. is a company known mostly for their high en sunglasses and ski goggles. They also make watches, clothing, bags, backpacks, shoes, prescription glasses and other accessories. On June 21, 2007, Italian group Luxottica announced a plan to merge with Oakley in a cash deal worth $2.1 billion, and the deal was completed on November 15, 2007. Oakley is now in the portfolio of Luxottica group (located in Milan, Italy) with other brands like Ray Ban, Persol, and Vogue among others.