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                                                                       Exhibit 7



                                         FOR:    Bolle Inc.

                                APPROVED BY:     Martin E. Franklin
                                                 Chairman of the Board
                                                 Ian Ashken
                                                 Vice Chairman
                                                 914-967-9400
                                     CONTACT:    Investor Relations:
                                                 Shannon Moody/Natasha Boyden
                                                 Press: David Nugent/Ellen Paz
                                                 Morgen-Walke Associates
                                                 212-850-5600


                   BOLLE INC. SIGNS DEFINITIVE AGREEMENT WITH
               WORLDWIDE SPORTS & RECREATION, INC. TO BE ACQUIRED
                               FOR $5.25 PER SHARE

        DENVER, Colorado - November 26, 1999 - Bolle Inc. (Amex: BLE), one of
the world's leading eyewear brands, today announced the signing of a definitive
agreement with Worldwide Sports & Recreation, Inc., a privately-held company
funded primarily by Wind Point Partners, a private equity investment firm, under
which Worldwide Sports & Recreation, Inc. will acquire Bolle Inc. for $5.25 per
share in cash, via a tender offer and merger. The completion of the transaction
is subject to various conditions, including Hart-Scott-Rodino clearance and the
purchaser obtaining financing no later than January 15, 2000. The total value of
the transaction, including assumed indebtedness, is approximately $85 million.
The tender offer is expected to close during January, 2000.

        Martin E. Franklin, Chairman of Bolle Inc. commented, "Through this
agreement, we believe that we will not only be delivering significant value to
our shareholders, but also that the Company will be able to continue to
implement its current growth strategies. Worldwide Sports & Recreation Inc.
manages a strong portfolio of brand names, including Bushnell and Voit, and
enjoys an outstanding reputation for high quality products. We are confident
that they will continue to develop Bolle into a globally recognized active
lifestyle brand."

        Mr. Franklin concluded, "Worldwide Sports & Recreation's proposal
represented a 62% premium over the Company's share price on the day prior to the
initial announcement of the transaction. In the board's opinion, and that of its
financial advisor, Banc of America Securities, who rendered a fairness opinion
on the transaction, this represents a fair valuation for the business today."

        Joe Messner, Chief Executive Officer of Worldwide Sports & Recreation
added, "This is a significant first step towards building a portfolio of highly
recognized worldwide sports brands. Bolle, founded over 100 years ago, has a
heritage throughout the world for innovative high-quality optical products
favored by active sports enthusiasts. Both Bushnell and Bolle target the same
active lifestyle consumer, and together, we will be able to leverage our
distribution strengths around the world. We welcome the management and employees
of Bolle and value their participation in this exciting opportunity."

        Bolle Inc. (Amex: BLE), is a vertically integrated designer,
manufacturer and marketer of Bolle/TM/ branded eyewear, including Bolle/TM/
premium sunglasses, goggles, and tactical and safety eyewear. Bolle is also the
exclusive North American distributor of the Reusch line of winter gloves for
sports.

        Worldwide Sports & Recreation Inc. ("WSR") is a branded durable consumer
products company based in Kansas City, Kansas. WSR is a leading supplier of high
quality sports optics including binoculars, telescopes, riflescopes and laser
range finders marketed under the Bushnell, Voit and Bausch & Lomb brand names.

        Wind Point Partners is a private equity investment firm with offices in
Chicago and Southfield, Michigan, that has successfully invested growth capital
in more than 70 privately-held companies. Wind Point Partners focuses on
partnering with experienced executives to buy private companies with significant
growth opportunities across a variety of industries.

Forward-looking statements (statements which are not historical facts) in this
release are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Bolle Inc.'s actual results could
differ materially from those expressed or indicated by forward-looking
statements. Factors that could cause or contribute to such differences include,
but are not limited to, changes in fashion trends, risks relating to the retail
industry, use of contract manufacturing and foreign sourcing, import
restrictions, competition, seasonality and other factors. Investors are
cautioned that all forward-looking statements involve risks and uncertainties,
including those risks and uncertainties detailed in the Company's filings with
the Securities and Exchange Commission.

