French sportswear and fashion brand Fusalp announces an undisclosed capital increase and new investments from Mirabaud, which it says will help the brand further advance its international business.
Fusalp explained that the two private equity funds Mirabaud Patrimoine Vivant and Mirabaud Lifestyle Impact & Innovation will take a minority stake. Further plans focus primarily on store openings in New York and Aspen.
Founded in 1952 and based in the Alps, the French company is best known for its skiwear and early technical achievements. After the company ran into trouble in the mid-1980s, Fusalp was bought in 2014 by siblings Sophie and Philippe Lacoste, grandsons of tennis legend and Lacoste founder René Lacoste, and former Lacoste manager Alexandre Fauvet.
In winter 2020, Fusalp announced its collaboration with Chloé. Both traditional French labels wanted to bring out a skiwear capsule together.
