United States Of America : Woolrich merges with Europe licensee to form new company

InquiryNow

Please fill in your details to download the Table of Contents of this report for free. We also do customization of these reports so you can write to us at mi@fibre2fashion.com in case you need any other additional information.

Name

Company

Phone Number

Country

Comments

Advanced Search

Home / Knowledge / News / Apparel/Garments / Woolrich merges with Europe licensee to form new company

Woolrich merges with Europe licensee to form new company

02
Dec '16

Courtesy: Woolrich

America's oldest outdoor clothing company Woolrich Inc and Woolrich Europe, an Italian licensee of the trademark for Europe and Asia, will merge in to a new holding company, Woolrich International. Woolrich International will be responsible for accelerating the growth of the Woolrich brand, both in the North American market and worldwide.

Woolrich International will be headquartered in London and will have a global workforce of 300 people. The new company anticipates an annual average growth of 12 per cent between 2017 and 2020 and in the process reach an annual turnover of $300 million by 2020.

Woolrich Europe is owned by W.P. Lavori based in Italy and evolved from being a distributor of Woolrich in Italy, to becoming an official licensee to design, produce and distribute Woolrich products across Europe and Asia. (AR)

Fibre2Fashion News Desk – India

More Woolrich News... More Apparel/Garments News - United States Of America...