The brand of $29.95 sunglasses will launch with help from the e-tailer and a handful of celebrities.
The two brands collaborated on the creation of a men’s and a women’s style, available in store from Monday.
The eyewear group’s gross profits fell 37 percent and sales declined 21 percent in the first quarter.
The eyewear group envisions a future where it will fulfill consumer orders direct from the warehouse, meaning less inventory.
Inspired by the silhouettes of the legendary car, the sunglasses, available in two color combinations, feature a slightly retro rounded silhouette.
Creative director Giampiero Tagliaferri fused signature elements of both brands into the product, as Oliver Peoples looks to amp up its global retail presence.
At the Vision Expo East trade show, eyewear giants relayed their reservations, saying import taxes would ultimately hurt consumers.
The glasses will retail for $199 and be sold at the Adidas SoHo flagship as well as the Italia Independent web site.