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Lolë Brands Announces Acquisition of Renowned Cycling Apparel Brand Louis Garneau Sports

Summary by The AI Journal
The acquisition strengthens Lolë’s presence in the sportswear market as it continues to grow its portfolio of brands MONTREAL, Sept. 13, 2024 /PRNewswire/ – Lolë, a global clothing brand producing premium athletic wear and outerwear, is proud to announce its acquisition of Louis Garneau Sports, a renowned company in the field of cycling and sports equipment with three brands: Garneau, Sugoi and Sombrio. This strategic acquisition marks an import…

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Longueuileuil-based clothing brand Lolë has acquired Louis Garneau Sports.

·Montreal, Canada
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The company Lolë announced on Friday that it had acquired Louis Garneau Sports in order to strengthen its presence in the sportswear market. Financial details of the deal were not disclosed. “This strategic acquisition marks an important step in Lolë's expansion and strengthens its position in the global sportswear market,” the Montreal company said in a press release. “This acquisition will allow us to diversify our product offering and strengt…

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TVA Nouvelles broke the news in Montreal, Canada on Saturday, September 14, 2024.
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