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who owns gear sportswear

by:Tengfei     2023-07-12

Who Owns Gear ?


Gear sportswear is known for their high-quality products that cater to sports enthusiasts and athletes. They offer a wide range of sportswear gear that includes apparel, shoes, and accessories that are designed for comfort, durability, and style. The brand has been around for several years and has become a favorite among sports enthusiasts. But who exactly owns Gear ?


The founding of Gear


Gear was founded by two individuals in 1997 - Jack Johnson and Mark Clark. The two friends shared a passion for sports and wanted to create a brand that catered to athletes' needs. They started the company in a small garage in California with just a few designs and a small budget. But their passion and hard work paid off, and Gear quickly became a trusted brand in the sportswear industry.


Growing the brand


As the popularity of the brand grew, Gear started expanding their product line to cater to more sports-related needs. They started offering apparel options for different sports, including running, golf, and tennis. They also diversified their product line to include shoes, accessories, and equipment. This expansion helped Gear reach a broader customer base and establish their position as a leading brand in the sportswear industry.


Acquisition by SportsGear Inc.


In 2012, Gear caught the attention of SportsGear Inc., a leading company in the sportswear industry. SportsGear Inc. was impressed with Gear 's product line, customer base, and strong reputation. Therefore, they decided to acquire Gear , making it a subsidiary of their company.


Impacts of the acquisition


Acquisition by SportsGear Inc. had several positive impacts on Gear . SportsGear Inc. had a larger budget and more resources, which allowed Gear to expand their product line even further. They were able to offer more variety, improved quality, and better designs. In addition, SportsGear Inc. offered their expertise in marketing and sales, which helped Gear reach even more customers.


Current ownership


As of now, Gear is a subsidiary of SportsGear Inc. Therefore, SportsGear Inc. is the current owner of Gear . However, Gear operates independently within SportsGear Inc. This means that Gear has its own management team and operates autonomously while still enjoying the benefits of being part of a larger organization.


Conclusion


In conclusion, Gear is owned by SportsGear Inc., a leading company in the sportswear industry. Before the acquisition, Gear was founded by Jack Johnson and Mark Clark, who shared a passion for sports and wanted to create a brand that catered to athletes' needs. Since the acquisition, Gear has been able to expand their product line and reach even more customers. Today, Gear remains a trusted brand in the sportswear industry, providing high-quality products for sports enthusiasts and athletes.


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