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Founded in 2017, Thélios was born from the will of LVMH Group, world leader in luxury, to enter the eyewear sector. Thélios designs, produces and distributes sunglasses and optical frames for some of its most prestigious Maisons: Dior, Fendi, Celine, Givenchy, Loewe, Stella McCartney, Kenzo and Fred.

Luxottica Group S.p.A. is an Italian eyewear conglomerate and the world's largest company in the eyewear industry. It is based in Milan, Italy. Luxottica is a vertically integrated company, which has been described as a monopoly—it designs, manufactures, distributes, and retails its eyewear brands through companies such as LensCrafters, Sunglass Hut, Apex by Sunglass Hut, Pearle Vision, Target Optical, and Glasses.com. It also owns EyeMed, one of the largest vision health insurance providers. Its best known brands are Costa, Ray-Ban, Persol, Oliver Peoples and Oakley. Luxottica's market power has allowed it to charge price markups of 1000%.

Luxottica also makes sunglasses and prescription frames for designer brands such as Chanel, Prada, Giorgio Armani, Burberry, Versace, Dolce and Gabbana, Michael Kors, Coach, Miu Miu and Tory Burch.

The licensing business of perfumes works the same way where huge cosmetic companies like Estée Lauder own the license to make the fragrances / perfumes for many luxury brands.

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