In which city is the conglomerate that bought Ray Ban from Bausch & Lomb ?
Ray-Ban Ray-Ban is a brand of sunglasses and eyeglasses founded in 1937 by the American company Bausch & Lomb. The brand is best known for their Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to the Italian eyewear conglomerate Luxottica Group, for a reported US$640 million.
CITIC Group CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation, is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District, Beijing. As of 2017, it is one of China's biggest conglomerates, with one of the largest foreign assets in the world.