Jack Wolfskin goes through debt restructuring - sportstextiles: Lea SportsTextiles

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Jack Wolfskin goes through debt restructuring

19/07/2017
Jack Wolfskin goes through debt restructuring
Outdoor brand Jack Wolfskin has restructured its finances, cutting its debts by more than €250 million. It achieved this by giving equity to new investors, led by private investment firm Bain Credit Capital.

Jack Wolfskin chief executive, Melody Harris-Jensbach, said on announcing the restructuring that the company will now have “a sound basis” and the necessary capital to expand its business. She went on to say the trading scenario the outdoor brand faces is “encouraging” and that it has received a high level of orders for its autumn-winter 2017-2018 collection.

There has also been positive feedback from customers on Jack Wolfskin’s new product developments, Ms Harris-Jensbach said, including its Texapore Ecosphere collection, which is made from 100% recycled material.


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