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Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Ray-Ban is a brand of luxury sunglasses and eyeglasses created in 1936 by Bausch & Lomb. The brand is best known for its Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to Italian eyewear conglomerate Luxottica Group for a reported $640 million.
Small metal framed glasses made a return to fashion in 1984 and 1985, and in the late 1980s, glasses with tortoise-shell coloring became popular. These were smaller and rounder than the type that was popular earlier in the decade. Throughout the 1980s, Ray-Ban Wayfarers were extremely popular, as worn by Tom Cruise in the 1983 movie Risky Business.
In March 1963, the firm was purchased by Louis Roth & Co., Inc. of Los Angeles for $3 million (equivalent to $29,857,000 in 2023). [8] The firm continued as a leading manufacturer of men's clothing until 1982, when it was purchased by Hart Schaffner & Marx (later known as Hartmarx), a Chicago-based apparel-maker and wholesaler.
The company also operated a store at Times Square. That outlet, which opened in 1940, was dubbed "the cathedral of clothing". [8] The store closed in 1977. [9] Starting in 1980, the building was a dance club called Bond International Casino, notable for hosting a concert by The Clash in 1981.
Ray-Ban Wayfarer sunglasses and eyeglasses have been manufactured by Ray-Ban since 1952. Made popular in the 1950s and 1960s by music and film icons such as Buddy Holly , Roy Orbison and James Dean , Wayfarers almost became discontinued in the 1970s, before a major resurgence was created in the 1980s through massive product placements .
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