French investment firm Mirabaud has acquired a minority stake in Fusalp, a renowned skiwear and lifestyle brand. Despite facing challenges during the fiscal year 2020-21, Fusalp is on track to double its sales and reach a revenue of over €40 million by the end of May. In order to secure this growth, the company recently conducted a share capital increase, in which Mirabaud’s funds, Mirabaud Patrimoine Vivant and Mirabaud Lifestyle Impact & Innovation, invested an undisclosed amount. Sophie and Philippe Lacoste, along with CEO Alexandre Fauvet, will retain their majority share ownership. The additional capital injected into the company will primarily aid Fusalp’s expansion into international markets, with a focus on the sport-chic segment. Plans are already underway to open new stores in prominent locations such as New York and Aspen, which will contribute to the company’s goal of increasing its total number of stores from 48 to 55. Additionally, Fusalp aims to enhance its existing stores to effectively showcase its wide range of products. This year marks Fusalp’s 70th anniversary, highlighting the brand’s longstanding presence and continued success in the industry.

Useful Links:
1. Fusalp Official Website
2. Mirabaud Investment Firm