Champlain leads acquisition of footwear maker La Canadienne
A consortium led by Canadian private equity firm Champlain Financial Corp has acquired La Canadienne, a Montréal-based maker, distributor and retailer of women's winter footwear. No financial terms were disclosed. The consortium includes La Canadienne's founders, among them Penny Shuster. Fashion industry professionals Nicholas Martire and Nicolas Topiol have joined the company respectively as CEO and chairman. Established in 1961, La Canadienne sells its boots and shoes, as well as outerwear and accessories, online and in stores across North America. Champlain Partner Scott Jackson said his firm will support La Canadienne's expansion into new markets.
31 July 2019•3 mins read
