Home / Knowledge / News / Information Technology / Industry veterans buy Finnish sports brand KARHU
Industry veterans buy Finnish sports brand KARHU
26
Jun '08
Athletic footwear and apparel executives, Huub Valkenburg and Jay Duke, announced the purchase of the legendary Finnish running brand, KARHU.

KARHU Holding B.V. (KARHU) acquired the trademarks and patents of the KARHU brand, which was established in 1916. Karhu Sporting Goods Oy, previous owner of the brand, remains the licensee for the Scandinavian market.

With an authentic heritage in running and a deep connection to the outdoors, KARHU follows the Finnish principles of design simplicity and running purity.

The KARHU product philosophy is simple and proven: let the foot work. KARHU product engineering engages the body and enables a Natural Ride and Feel.

KARHU, meaning "bear" in Finnish, is a leading running brand in Europe and has provided technical running and outdoor gear for nearly 100 years.

KARHU shoes have been worn on the feet on some of the greatest Finnish runners, including Boston Marathon champion Olavi Suomalainen, and Paavo Nurmi, giving rise to the Flying Finns.

"It is a dream come true to acquire KARHU, an iconic sports brand that I used to sell paying my way through college working at the local running shop," said Huub Valkenburg, CEO of KARHU.

"KARHU'S unique brand and product position in the marketplace leverages legendary Finnish craftsmanship and the patented Fulcrum technology for footwear."

"KARHU's patented Fulcrum technology lets the foot work promoting heel-to-toe efficiency and a natural ride and feel," said KARHU President, Jay Duke. "The running consumer demands unique products from special brands.

KARHU was born on the track and offers products dedicated to the purity of running. We are committed to further developing strong partnerships with specialty retailers in the U.S. and around the world where runners seek premium products."

Valkenburg and Duke, majority owners of KARHU Holding B.V, bring unique global experience in business turnarounds and new business development from major brands such as Reebok International and Nike/Converse Inc. They met in Moscow establishing the Russian subsidiary business for Reebok.

KARHU Holding B.V


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Ashok Desai
Bombay Textile Research Association

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

Eamonn Tighe
Nature Works LLC

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search