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Article: The North Face, Inc. Announces Acquisition of La Sportiva Footwear; Relocation & Expansion of Corporate Headquarters
- Article from:
- PR Newswire
- Article date:
- July 6, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN LEANDRO, Calif., July 6 /PRNewswire/ -- The North Face, Inc. (Nasdaq: TNFI) announced today that it has acquired a majority interest in La Sportiva S.r.L., a premier manufacturer and distributor of specialty outdoor footwear located in Ziano di Fiemme, Italy. In addition, The North Face has acquired the independently owned and operated La Sportiva, USA, located in Boulder, Colorado, giving The North Face distribution rights for the La Sportiva brand in North America.
La Sportiva S.r.L. is a premier brand of mountaineering, rock climbing and trekking shoes. The acquisition of La Sportiva S.r.L. is intended to accelerate the expansion of The North Face's recently ...