Columbia Sportswear to take full ownership of its China joint-venture
16/04/2018
Outdoor brand Columbia Sportswear has announced its intention to buy out its joint-venture partner in China and take full control of its subsidiary there. Subject to regulatory approval, it expects the deal to be complete at the start of 2019. Columbia set up the joint-venture in 2014 with retail group Swire Resources, with Columbia owning 60% of ...