AAi FosterGrant, the large US-based supplier of branded and unbranded eyewear and jewelry, is moving upmarket with the acquisition of Gargoyles, a premium 20-year-old American brand of sports eyewear and its Anarchy, Angel, GForce and Idol-Eyez brands. Led by John Ranelli, a former executive of Timberland, Teva and Sperry, FosterGrant prides itself on operational excellence. In addition to its own 6 brands, FosterGrant has licenses for Ironman, Champion and Club Med eyewear.