Home / Knowledge / News / Apparel/Garments / Pelican becomes a new shareholder of Coalision
Pelican becomes a new shareholder of Coalision
29
Jun '11
To pursue the international and retail development, Pelican, the fund headed by Bernard Mariette, has taken a 21% stake in Coalision which owns the Lole, Orage, and Paradox brands.

Bernard Mariette becomes, along with his fund Pelican, a 21% shareholder of Coalision after two and a half years of being at the head of the Canadian retail group.

The investment will enable Lole to continue its strong growth, particularly focused on retail and international.

"Pelican has not simply injected money in Coalision, but it also brings talented, passionate and engaged investors that share our sport and well-being and lifestyle focused culture," said Bernard Mariette. "I have learned through the years that the recipe for success is the magic between the shareholders, managers, employees, and the challenges to come. I am very lucky to have assembled the ingredients for this recipe at the heart of Coalision and Pelican."

Among the shareholders of Pelican, Olaf Guerrand, member of the Hermes family and administrator of the group in France and the United States joins the Coalision board of directors. He sees in the Lole brand a unique potential and one that rests on the strong well-being trend. "Ever since I have known Bernard I completely share his vision of the evolution of the sports and well-being market, and I am convinced of the potential that Lole has."

The majority owners of Coalision, Kilmer, as well as the founders of Coalision, remain investors in the company: "Coalision is developing very fast and it is important to team up with the best possible partners," said Marie-Claude Boisvert, manager at Kilmer. "We believe in Lole, Bernard's leadership, and the team that is developing the Coalision brands. We are delighted to include new partners who are of the quality of the partners of Pelican."

Created by the fusion of the words "coalition" and "collision," Coalision fully reflects the state of mind that reigns within the company: a strong coalition of individuals that results in clothing brands of Orage and Lole, which are distributed throughout a network of more than 2500 retailers in Canada, USA, Europe and Asia.

Coalision

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search