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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.
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Psychological pricing is one cause of price points. Overview [ edit ] According to a 1997 study published in the Marketing Bulletin , approximately 60% of prices in advertising material ended in the digit 9, 30% ended in the digit 5, 7% ended in the digit 0 and the remaining seven digits combined accounted for only slightly over 3% of prices ...
The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to other stores which purchased an initial run. Among the largest retailers of this type are TJX Companies and Ross Stores.
Michael Heseltine. Michael Ray Dibdin Heseltine, Baron Heseltine, CH, PC ( / ˈhɛzəltaɪn /; born 21 March 1933) [3] is a British politician. Having begun his career as a property developer, he became one of the founders of the publishing house Haymarket. Heseltine served as a Conservative Member of Parliament from 1966 to 2001.