Por: Forbes Business October 06, 2022
Compliance Concepts on Chalkboardgetty The announcement that Yvon Chouinard has given control of his $3 billion apparel company, Patagonia, to a Perpetual Business Purpose Trust, has generated a great deal of discussion about Purpose Trusts. The discussion centers around how the purpose of the trust can be enforced. Two general points about trusts. First, to be valid, a trust must have identifiable assets and ascertainable beneficiaries (for a... + full article
Forbes USA Business September 27, 2022
As a business advisor and outdoors enthusiast, I’ve long admired Yvon Chouinard. Protecting nature is one of four core values of Patagonia, the global outdoor apparel and equipment company he founded a half-century ago. Chouinard is also committed to the welfare of his... + más
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Time USA Business September 24, 2022
Outdoor retailer has never been shy about its corporate . Its founder Yvon Chouinard has now shown that he is willing to put his money where his mouth is, by giving the company away in an effort to fight environmental crises. Nearly 50 years after Chouinard, himself a rock... + más
Patagonia's bold move to donate the entire company to fight climate change only works if it stays competitive in business, CEO says | CNBC
ABC News USA Business September 24, 2022
If there was any doubt about where outdoor clothing company Patagonia stood on environmentalism, it was quickly put to rest last week when founder Yvon Chouinard and his family donated their ownership to efforts that would protect the planet.Earth is now our only shareholder, on... + más
Forbes USA Life September 24, 2022
Audemars Piguet Code 11.59 Tourbillon in electric blue.Audemars Piguet Audemars Piguet just introduced five complicated watches in its Royal Oak, Royal Oak Concept and Code 11.59 collections, and while they contain watchmaking’s most traditional high complications -... + más
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CNBC USA Business September 22, 2022
A Patagonia store signage is seen on Greene Street on September 14, 2022 in New York City. Yvon Chouinard, founder of Patagonia, his spouse and two adult children announced that they will be giving away the ownership of their company which is worth about $3 billion. The... + más
Patagonia founder gives company away to environmental trusts | ABC News
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Chicago Tribune USA Entertainment September 22, 2022
Last week, Yvon Chouinard, the billionaire owner of outdoor clothing retailer Patagonia, announced he was transferring ownership of his company to a trust. Going forward, the company’s profits — somewhere in the neighborhood of $100 million a year — will be used to combat... + más
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ABC News USA Business September 17, 2022
Outdoor gear company Patagonia says “the earth is now our only shareholder” after transferring the company's ownership from founder Yvon Chouinard and his family to two nonprofits established to fight climate change.In a letter posted on the 50-year-old company’s... + más
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