Millet (manufacturer)

Last updated
Millet
Company typeSubsidiary, private
Industry Textile
Founded1930;94 years ago (1930) in France
Headquarters Annecy-le-Vieux, France
Products Apparel, Backpacks, Gear
Parent Lafuma
Website www.millet-mountain.com

Millet Mountain Group is a French-based company, headquartered in Annecy, specializing in outdoor equipment such as backpacks and sleeping bags. In 2014, Millet was acquired by Swiss holding Calida group. [1] In January 2022, Calida agreed to sell Millet to Jean-Pierre Millet, grandson of Millet's founder, and Inspiring Sport Capital (ISC), a private equity company dedicated to the sports industry. [2] Completion of the transaction is expected in the second quarter of 2022.

Millet also offers a wide variety of other equipment, earning comparisons to United States-based companies such as Timberland and Columbia Sportswear.

Millet is not related to Millets, a UK chain of shops selling outdoor clothing. [3]

Related Research Articles

Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees operating in 24 countries. Brunswick owns major boating brands, including Sea Ray, Boston Whaler, Bayliner, Mercury Marine, Attwood, Lund, Crestliner, Mastervolt, MotorGuide, Harris Pontoons, Freedom Boat Club, Princecraft, Heyday, Lowe, Uttern, Quicksilver and CZone, among many others. In 2021, Brunswick reported sales of US$5.8 billion. Brunswick's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.

GE Capital was the financial services division of General Electric. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial. Ultimately, only one division of the company remained, GE Energy Financial Services, which was transferred to GE Vernova when General Electric was broken up.

Intrawest Resorts Holdings, Inc was a developer and operator of destination resorts and a luxury adventure travel company. The company was founded in 1976 as a privately funded real estate development company. In 2006, Intrawest was purchased by Fortress Investment Group, a private equity investment company, which resulted in the company being delisted from the Toronto Stock Exchange and New York Stock Exchange. Fortress was under financial pressure related to the Intrawest debt, but a new loan with a single lender was completed in April 2010 and all prior lenders were repaid in full.

<span class="mw-page-title-main">Eastern Mountain Sports</span> Outdoor clothing and equipment retailer

Eastern Mountain Sports is an outdoor clothing and equipment retailer in the Northeastern United States headquartered in Meriden, Connecticut.

<span class="mw-page-title-main">Mountain Equipment Co-op</span> Canadian co-operative formed to sell outdoor equipment

Mountain Equipment Co-op is a Canadian co-op that started the MEC outdoor gear retail brand. The MEC brand name, assets and store leases were purchased by the American private investment firm Kingswood Capital Management's subsidiary Mountain Equipment Company in October 2020. 1077 Holdings Co-operative remains active to deal with the remaining claims by creditors and will be wound up at some point in the future.

<span class="mw-page-title-main">Asics</span> Japanese athletic equipment company

Asics is a Japanese multinational corporation that produces sportswear. The name is an acronym for the Latin phrase anima sana in corpore sano. Asics is best known for its sneakers, but also produces other footwear such as sandals, as well as clothing and accessories. It is headquartered in Kobe, Hyōgo Prefecture, Japan.

<span class="mw-page-title-main">Apax Partners</span> British private equity firm

Apax Partners LLP is a British private equity firm, headquartered in London, England. The company also operates out of six other offices in New York, Hong Kong, Mumbai, Tel Aviv, Munich and Shanghai. As of March 2024, the firm had raised and advised funds of approximately $77 billion (USD). Apax Partners is one of the oldest and largest private equity firms operating on an international basis.

<span class="mw-page-title-main">Cerberus Capital Management</span> U.S. investment management company

Cerberus Capital Management, L.P. is an American global alternative investment firm with assets across credit, private equity, and real estate strategies. The firm is based in New York City, and run by Steve Feinberg, who co-founded Cerberus in 1992, with William L. Richter, who serves as a senior managing director. The firm has affiliate and advisory offices in the United States, Europe and Asia.

<span class="mw-page-title-main">CVC Capital Partners</span> British private equity and investment advisory firm

CVC Capital Partners is a Luxembourg-based private equity and investment advisory firm with approximately €186 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European, and Asian private equity, secondaries, credit funds and infrastructure. As of 31 December 2021, the funds managed or advised by CVC are invested in more than 100 companies worldwide, employing over 450,000 people in numerous countries. CVC was founded in 1981 and, as of 31 March 2022, has over 850 employees working across its network of 25 offices throughout EMEA, Asia and the Americas.

<span class="mw-page-title-main">Amer Sports</span> Finnish sporting good company

Amer Sports, Inc. is a Finnish multinational sporting equipment company based in Helsinki, Finland. Established in 1950 as an industrial conglomerate with interests as diverse as tobacco trading, ship owning and publishing, Amer has gradually evolved into a multinational firm devoted to the production and marketing of sporting goods. The company employs over 9,700 people.

<span class="mw-page-title-main">Lafuma</span> French outdoor sportswear company

Lafuma is a French company that specializes in outdoor equipment and clothing, such as backpacks, sleeping bags and footwear. It also offers a wide variety of other equipment, earning comparisons to United States companies such as Patagonia and Columbia Sportswear. Group brands include Eider, Millet and Oxbow. The Lafuma clothing brands have been personified by sports personalities and by the French actor and stuntman Karl E. Landler.

Brunswick Bowling & Billiards was the business segment of Brunswick Corporation that historically encompassed three divisions. Billiards which was the company's original product line, expanded to include other table games such as table tennis, air hockey, and foosball. Brunswick began manufacturing Bowling equipment and products in the 1880s. The bowling equipment line was sold to BlueArc Capital Management in 2015, which continues to use the Brunswick name among other brands. Brunswick began to directly operate Bowling centers in the mid 1960s. In 2014, the bowling centers were sold to Bowlero Corporation, which phased out the Brunswick name by 2020. The billiard operations were placed in the fitness equipment division, which was spun-off into Life Fitness in 2019. In 2022, the Brunswick Billiards line was sold to Escalade Sports.

Blacks Outdoor Retail Ltd. is a British retailer, headquartered in Bury, Greater Manchester the United Kingdom which owns the British outdoor retailers Blacks, Millets and Ultimate Outdoors. Blacks is the largest outdoor retailer in the UK with stores nationwide.

<span class="mw-page-title-main">Anta Sports</span> Chinese sportswear company

Anta Sports Products Limited is a Chinese sports equipment multinational corporation headquartered in Jinjiang, China. It is the world's largest sports equipment company by revenue and third-largest manufacturer of sporting goods overall, behind Nike and Adidas.

<span class="mw-page-title-main">Kellwood Company</span>

Kellwood Apparel is an American apparel manufacturer. Founded in 1961, Kellwood's portfolio of Women's, Juniors, and Girls' apparel includes Parker, Devlin, Briggs NY, Democracy, Jax, Rewind, My Michelle, and licensed brands. Kellwood became an affiliated company of Sun Capital Partners, Inc. in February 2008. In December 2016, Kellwood Company was acquired by an unnamed Hong Kong investor group for an undisclosed amount.

Life Fitness is an American fitness company specializing in the production and distribution of cardiovascular and strength training equipment under several brands including Life Fitness, Cybex and Hammer Strength. It is headquartered in Rosemont, Illinois and is a portfolio company of KPS Capital Partners.

<span class="mw-page-title-main">Sporting goods retailer</span> Type of retail business

A sporting goods retailer or sporting goods store is a retail business selling sporting and recreational goods, including sportswear, sporting equipment and related general merchandise.

References

  1. "Outdoor: Why Millet Mountain Group is stepping into urban outer apparel". sportswear-international.com. Retrieved 2020-11-15.
  2. "The Calida Group has agreed to sell Millet Mountain Group to Inspiring Sport Capital and a private investor". Lincoln International LLC. Retrieved 2022-05-12.
  3. "French alpine brand Millet, inside story". Archived from the original on 2015-10-05. Retrieved 2015-10-05.