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FOUND: Yvon chouinard - What They Never Told You

He worked 100-hour weeks to rescue a bankrupt North Carolina boat company. Decades later, it drew $400 million-plus offers, but at 83, he did something unexpected

After working 100-hour weeks to save a nearly bankrupt North Carolina boat company, Eddie Smith Jr. built Grady-White Boats into a thriving business that attracted offers worth more than $400 million. But at 83, instead of taking the massive payday, Smith chose an unexpected path. Read on to find out…

The Economic Times

North Carolina man worked 100-hour weeks for 58 years to save a bankrupt boat company, rejected a $400 million offer and gave it to charity

For nearly six decades, Eddie Smith Jr. devoted his life to rescuing and rebuilding Grady-White Boats, a struggling North Carolina boat manufacturer that was on the verge of bankruptcy when he bought it in 1968. Working up to 100 hours a week, investing his personal savings and sacrificing much of…

The Times of India

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.

Fortune

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Patagonia founder Yvon Chouinard slept on dirt floors, lived on $1 a day, ate dented cat food. And then gave away his $3 billion company.

Patagonia founder Yvon Chouinard once survived by sleeping on dirt floors, living on just $1 a day, and eating dented cat food. After building Patagonia into a $3 billion company, he stunned the business world by giving it away to ensure its profits help fight climate change and protect the…

The Economic Times

Drag, Trademarks And Fleece: Why Patagonia Is Suing Drag Queen & Climate Activist Pattie Gonia

Patagonia is suing drag queen and climate activist Pattie Gonia over trademarks. Here’s what the case is about, and how everyone's reacting.

Pedestrian.tv

Patagonia sues drag queen Pattie Gonia for trademark infringement

Outdoor clothing company is suing US environmentalist drag performer for $1 plus legal fees, claiming ‘we wish we didn’t have to do this’

The Guardian - AU

Patagonia’s new rule reveals why making Earth its only shareholder was never just about charity

Patagonia's founder, Yvon Chouinard, has revolutionized corporate integrity by legally embedding environmental goals into the company's structure. Instead of traditional sales, all voting stock now goes to a trust, ensuring profits fund biodiversity protection. This structural shift prioritizes long-term ethical operations over short-term profit pressures, safeguarding the brand's mission for…

The Times of India

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1% for the Planet: What brands donate their profits?

From Patagonia to MicroScooter, these businesses are giving back

The Independent UK

How this ‘dirtbag’ billionaire chose to do capitalism differently

Few people globally have influenced business, sport, the environment and philanthropy like Patagonia founder Yvon Chouinard.

The Conversation

Following in Paul Newman and Yvon Chouinard's footsteps: There are more ways for leaders to give it away in 'the Great Boomer Fire Sale' than ever

As the president and CEO of Newman's Own, which gives away 100% of its profits, I am hearing from more and more business owners who want to try.

Fortune

Patagonia founder Yvon Chouinard says he's 'working harder than an 87-year-old should' but he's got no choice: 'the planet is in bad shape'

Patagonia published a "Work in Progress" report for its mission to save the Earth. There's just a problem: "the prevailing extractive model of capitalism."

Fortune

Patagonia CEO Ryan Gellert says he believes the world needs responsible business more than ever

"Solving real problems on behalf of your employees, your customers, and the communities that you exist within, to me that's a pretty good definition of leadership," Gellert told Fortune.

Fortune

Patagonia founder lived on $1 a day and cat food before making it—when he hit billionaire status, he was so angry he gave away his $3 billion company

While some founders dream of joining the likes of Warren Buffett in the billionaires club, Patagonia’s Yvon Chouinard was so furious he gave his company away.

Fortune

I always thought Patagonia’s Yvon Chouinard did more for the planet than The North Face’s Doug Tompkins – I was wrong

The North Face founder’s wild, untold legacy of saving Patagonia

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The Conversation

Capitalism and democracy are weakening – reviving the idea of ‘calling’ can help to repair them

Ask someone what a calling is, and they’ll probably say something like “doing work you love.” But as a management professor who has spent two decades researching the history and impact of calling, I’ve found it’s much more than personal fulfillment.

Fortune

Patagonia became famous for letting staff cut out early to chase waves—now it's asking dozens of employees to relocate or leave because it’s 300% overstaffed

Roughly a third of Patagonia’s customer-service staff will be asked to move within 60 miles of a designated “hub” city.

Advnture

Why is The North Face so expensive? The reasons behind the prices

We look into the reasons why The North Face is so expensive, delving into the origins of the world-conquering brand

Advnture

Why is Patagonia so expensive? We delve into the famous brand

Known for its quality and sustainability, Patagonia is one of the world’s most successful outdoor brands – but why is their kit so expensive?

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Fortune

Why Patagonia is the most reputable company in the U.S.

Director of philosophy Vincent Stanley says taking a stand on issues the clothing giant understands is key to its success.

Kiplinger

How to Find Room for Philanthropy Despite Challenging Times

The 'philanthropic squeeze' hits when consumers face higher costs and lower investment returns. Consider these three ways to maintain charitable giving.

Fortune

Mike Bloomberg plans to leave his company to Bloomberg Philanthropies—with enormous implications for charity

The move would be similar to one made by Patagonia’s founder last year, but on a much bigger scale.

The Guardian - US

‘We’ve lost the right to be pessimistic’: Patagonia treads fine line tackling climate crisis as for-profit company

The company is one of the largest outdoor apparel brands globally, but it has long grappled with how growth can contradict environmental activism

Advnture

Patagonia vs Columbia: which US brand is the best?

It’s Patagonia vs Columbia: we put the two American outdoor behemoths up against each other, taking a look at their origins, kit and ethos

Evening Standard

Fashion Awards 2022: the winners, the Balenciaga controversy and a tribute to the Queen

Demna shunned, Valentino crowned, and a Nineties old guard is celebrated once again

The Conversation

Patagonia’s grand gesture sends the wrong message about ethical capitalism

Patagonia’s recent blockbuster announcement that the company was “turning capitalism on its head by making the Earth our only shareholder” is generating a lot of attention. It is the start of another chapter in a long and storied history of a company that, more often than not, has been getting…

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