Ray Ban is a brand of sunglasses and eyeglasses founded in 1937 by the American company Bausch and Lomb. The brand is best known for their Wayfarer and Aviator lines of sunglasses. In 1999, Bausch and Lomb sold the brand to the Italian eyewear conglomerate Luxottica Group, for a reported US$640 million.Ray Ban is a brand of sunglasses and eyeglasses founded in 1937 by the American company Bausch and Lomb. The brand is best known for their Wayfarer and Aviator lines of sunglasses. In 1999, Bausch and Lomb sold the brand to the Italian eyewear conglomerate Luxottica Group, for a reported US$640 million.