Costa Del Mar was founded in 1983 in Daytona Beach, Florida, by Ray Ferguson. Ferguson designed a pair of polarized glasses that he sold to the National Oceanic and Atmospheric Administration. The NOAA found them extremely useful and later endorsed these glasses.
The company designs and manufactures sunglasses and casual apparel. Although the company states that all their sunglasses are made in the USA, this has been criticized as being misleading. Costa Del Mar sunglass frames are made in either Taiwan, China, Japan or Mauritius, depending on frame style. Sunglasses are finished with lenses at the Daytona Beach facility. Costa Del Mar is perhaps best known for their lifetime warranty on defects, as well as their repairs, which are performed in Florida.
In 2013, the company had annual revenue of $100 million. Headquarters for Costa Del Mar are located in Daytona Beach, Florida. In April 2018, the company announced that it was planning on building a new headquarters building and that it would remain in Daytona Beach, Florida.