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

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Eric Scholler
Groz-Beckert

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.1%
No
13.4%
Skip
17.5%

Total Votes: 97

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.9%
No
28.9%
Skip
7.2%

Total Votes: 97

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.6%
No
9.3%
Skip
3.1%

Total Votes: 97

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
8.2%
Skip
9.3%

Total Votes: 97


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search