March 27, 2023 Tecnica Group Finishes Record Year
The Italian owner of the Tecnica, Nordica, Blizzard, Lowa, Moon Boot and Rollerblade brands reported a 21% jump in sales last year to €561 million ($590 mm), an all-time record. L Catterton Sells Stake to Hunter Point Capital
Private equity firm L Catterton, whose investments over the years have included Peloton, Liberty Safe, Rhone Apparel, Sweaty Betty, 2XU and Birkenstock, has sold a passive minority stake to investment firm Hunter Point Capital. Nike Crashes Max Verstappen’s Fashion Brand
The Eager Beavertons successfully opposed registration of the Formula One World Champion’s “Max 1” fashion brand, claiming it was too similar to Air Max, and likely to confuse consumers. Etcetera: Revo Brands, Kith, Bote, Pressio, K-Swiss, Tread Labs
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