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          lens manufacturing facility was located in an industrial estate             
          in Waterford, Ireland (Waterford industrial estate).                        
               During the 1970s and the 1980s, B&L was increasingly turning           
          its attention to international markets, including Southeast Asia            
          where B&L was experiencing rapid growth in the sale of its                  
          products.  Prior to 1972, B&L distributed its sunglasses and                
          other products in certain Southeast Asian markets through in-               
          dependent distributors unrelated to B&L (independent distribu-              
          tors) that sold products other than B&L products, including in              
          the case of at least one such distributor sunglasses produced by            
          a competitor of B&L.  The independent distributors did not focus            
          on B&L products, and B&L maintained no direct contact with the              
          retail optical shops in Southeast Asia that sold its sunglasses             
          to consumers.  In addition, B&L did not maintain any inventory in           
          Southeast Asia and experienced long lead times on product orders            
          originating in that market due to a delay in shipping products              
          from the United States to that part of the world.  This was the             
          case even though during the early 1970s B&L was experiencing                
          rapid sales growth in Southeast Asia as that market began to                
          develop and its consumers could afford more luxury-type products.           
               In 1971, B&L opened an office in Hong Kong, its largest                
          market in Southeast Asia.  Although that office, which it called            
          a representative office, acted as a liaison between B&L and its             
          independent distributors, it did not maintain any inventory or              
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Last modified: May 25, 2011