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JACK WOLFSKIN

JACK WOLFSKIN

Outdoor clothing, gear, and footwear. Find everything you need for hiking, skiing, biking and more. Jack Wolfskin is now available in the US.

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Contents

jack-wolfskin.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Clothes shop
Clothes shop
Location
Germany
Germany
Idstein
Idstein
B2X
B2B
B2B
CEO
‌
Richard Collier
Date Incorporated
1980

Other attributes

Company Operating Status
Active

Jack Wolfskin is a large German manufacturer of outerwear and outdoor equipment headquartered in Idstein.

The Jack Wolfskin brand was created by Ulrich Dausien in 1981 as a trademark of Sine in Frankfurt am Main. Gradually the products under this brand became so popular that Jack Wolfskin became an independent company.

In 1991 Jack Wolfskin was sold to Johnson Outdoors.

Jack Wolfskin supplied only specialty stores until the first own store opened in Heidelberg in 1993. Today, there are more than 600 Jack Wolfskin-Stores worldwide (mid-2012). Almost all of them are organized under the franchise system.

In 2002 the private equity fund Bain Capital acquired Jack Wolfskin from Johnson Outdoors for 42 million euros. In 2005, Bain Capital sold Jack Wolfskin for €93 million to two financial investors, Quadriga Capital and Barclays Private Equity.

In 2010, the German company became a sponsor of one of the most titled English soccer clubs, Liverpool.

In 2011, these owners sold the company to the American holding company Blackstone Group. Blackstone was expected to help Jack Wolfskin grow internationally. At the same time, former CEO and co-owner Manfred Hell immediately left the company after 25 years at the top of the company.

In November 2014, Melody Harris-Jensbach was elected CEO of the company.

On July 6, 2017, Jack Wolfskin successfully completed a financial restructuring with its major creditors and reduced its debt by 225 million euros. The move reduced its debt from 365 million euros to 110 million euros with a term through 2022. In addition, the company received a new temporary loan of 25 million euros from current creditors, who became new shareholders in the company as a result of the restructuring.

On November 30, 2018, Jack Wolfskin announced that they would be purchased by Callaway Golf. On January 4, 2019, Callaway completed the acquisition of Jack Wolfskin for €418 million.

On November 23, 2020, Jack Wolfskin announced that Richard Collier would become the new CEO, effective December 1, 2020.

Translated with www.DeepL.com/Translator (free version)

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Products

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Further Resources

Title
Author
Link
Type
Date

Richard Collier on Transfer Pricing and the Arm's Length Principle

https://youtu.be/l7RL1UbK5gA

Web

December 7, 2017

References

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