Fila is South Korea's largest sportswear manufacturing company, founded in 1911 in Italy. Fila is headed by chairman and CEO Yoon-Soo Yoon. It now has offices in 11 countries worldwide.
Fila was created in Biella, Piedmont, by the Fila brothers in 1911. It originally started by making clothing for the people of the Italian Alps, now manufacturing sportswear for men, women, children and athletes.
The company's primary product was originally underw...
more
Fila is South Korea's largest sportswear manufacturing company, founded in 1911 in Italy. Fila is headed by chairman and CEO Yoon-Soo Yoon. It now has offices in 11 countries worldwide.
Fila was created in Biella, Piedmont, by the Fila brothers in 1911. It originally started by making clothing for the people of the Italian Alps, now manufacturing sportswear for men, women, children and athletes.
The company's primary product was originally underwear, before moving into sportswear in the 1970s, initially with the endorsement of tennis player Björn Borg.
The original Italian ownership Holding di Partecipazioni sold the company to US hedge fund Cerberus Capital Management in 2003, after the company over-committed itself to expensive athletic endorsements, at a time when margins were under pressure. Cerberus owned Fila through holding company Sports Brands International, which owned and operated all Fila businesses around the world with the exception of Fila Korea, which was a separate...
less
