Franklin advises CREATIONS FUSALP on issuing stock to new investors
Iconic French winter sportswear company FUSALP has issued stock to new shareholders who now own 12 percent of its capital.
Its main shareholder, the LACOSTE family, and CREATIONS FUSALP were advised by Franklin partner Yam Atallah, assisted by associate Fabian Guéroult.
A widely popular brand in the 60’s-80’s, Annecy-based FUSALP currently operates twenty retail stores in France and two in Switzerland. By branching out from ski clothing into casual wear, the brand was able to expand its international reach all the way to Korea. FUSALP is now distributed in 350 multi-brand and department stores across 20 countries worldwide.
FUSALP’s new shareholders include Experienced Capital founders Fréderic Biousse and Élie Kouby, former Eurazeo CEO Patrick Sayer and his wife Nathalie, Florac founder Léopold Meyer and his family, as well as Galeries Lafayette CEO Nicolas Houzé and his family.