Moose Knuckles Secures Investment from Bosideng and Cathay Capital for Global Expansion

MONTREAL, October 9, 2024 (V SHADES) – Moose Knuckles, a Canadian luxury outerwear brand, has received a strategic investment from Bosideng, a Chinese down apparel company, along with continued support from majority investor Cathay Capital. The investment is aimed at supporting Moose Knuckles' global growth and expansion, particularly in Asia.

Headquartered in Montreal, Moose Knuckles operates in 30 countries, with 36 retail locations in North America, Europe, and China. Its products are also distributed through high-end retailers, including Harrods, Selfridges, Saks Fifth Avenue, and Holt Renfrew.

Victor Luis, Executive Chairman of Moose Knuckles, stated: "Our products are the culmination of our unwavering dedication to combining exceptional materials, meticulous construction, and a tailored fit that marries style with functional performance. We are embarking on a thrilling new chapter for Moose Knuckles, where we will continue to expand our collections and categories to meet the ever-evolving expectations of our consumers across the globe, ensuring they feel both comfortable and stylish in every season. Our collaboration with Bosideng will be a catalyst for our growth in Asia and will strengthen the multi-cultural, disruptive, and creative spirit that defines our brand and resonates with our global audience."

Gao Dekang, Founder and Chairman of Bosideng, emphasized the value of the partnership, stating: "Bosideng will provide substantial strategic and financial support to Moose Knuckles. This is a strategic cooperation with complementary advantages that will inject new momentum into the mid-to-long-term development of both Moose Knuckles and Bosideng."

Mark Woods, Partner and Head of North America at Cathay Capital, commented on the ongoing partnership, saying: "Cathay Capital has been a committed partner to Moose Knuckles since our initial investment in 2019, and we are thrilled to welcome Bosideng to this exciting journey. This strategic partnership is a testament to the power of our global platform and our ability to make highly impactful connections across borders for our portfolio companies. We look forward to leveraging Bosideng's deeply relevant experience and resources, combined with Cathay's continued backing, to support Moose Knuckles as it continues to expand globally and solidify its position as a leader in luxury outerwear."

For more information, visit www.mooseknucklescanada.com.

Source: Moose Knuckles