Inov-8 Relaunches Under Original Ownership
Founder Wayne Edy, who founded the U.K.-based sneaker brand in 2003, has bought back the 80% stake he sold to Descente in 2015 and taken over as CEO. Sales declined 2% to 3% in the pandemic year, and the company had to temporarily lay off its staff when the virus hit England. The business was quickly restructured and rebounded by ... Log in to view full article.
