who owns head sportswear

Who Owns Head ?

Head is a well-known and respected brand that has been a player in the sportswear industry for over sixty years. The brand is synonymous with quality products that are designed to meet the unique needs of athletes and sports enthusiasts. However, many people may not know who owns Head , and this article aims to shed some light on this question.

History of Head

Head was founded in Baltimore, Maryland, by Howard Head in 1950. Howard Head was an aeronautical engineer who had previously worked for Glenn L. Martin Company and is famous for introducing the first metal skis and the first commercially successful oversized tennis racquet.

By the 1960s, Head had become a household name in the sports industry, and the brand continued to expand by introducing new product lines in tennis, skiing, and other sports. Today, the company is a global brand with headquarters in Amsterdam, and the brand is sold in over 60 countries worldwide.

Subheading 1: The Acquisition of Head

In the early 1990s, Head was acquired by an Austrian company known as Wintersport-Tirol AG. The acquisition was a strategic move to expand the company's product line and establish a stronger presence in the United States market. The Austrian company was well established in the ski industry but had limited experience in the sportswear industry.

The acquisition of Head by Wintersport-Tirol AG was a significant success. The brand continued to grow, and the company was able to establish a strong presence in the United States market. In 1997, Wintersport-Tirol AG changed its name to Head NV, which is the current name of the company.

Subheading 2: Current Status of Head Ownership

Today, Head is part of the Head NV group of companies, which is publicly traded on the Amsterdam stock exchange. The company operates in three primary business segments: winter sports, racquet sports, and diving. Head falls under the racquet sports segment, which includes products such as tennis racquets, tennis balls, and other equipment designed for use in racquet sports.

The ownership structure of Head NV is complicated, with multiple shareholders holding significant stakes in the company. The largest shareholders of the company are Norges Bank Investment Management, which owns a 27.2% stake, and BlackRock Institutional Trust Company, which owns a 5.7% stake. Many other institutional investors, including pension funds and investment banks, also hold smaller stakes in the company.

Subheading 3: Head Product Lines

Head is a diverse brand that produces a wide range of products designed for use in various sports. The brand is most famous for its line of tennis racquets, but it also produces other products, including tennis balls, tennis shoes, ski equipment, and diving gear.

Head 's product line is geared towards both amateur and professional athletes. The company has a long history of designing and manufacturing products that are innovative, stylish, and functional. The brand continues to innovate, and its product line evolves with the changing needs of athletes and sports enthusiasts.

Subheading 4: The Future of Head

Head 's future looks bright, thanks to the company's continued commitment to innovation, quality, and customer satisfaction. The brand is well positioned to capitalize on the growing demand for high-quality sportswear, and the company's diverse product line ensures that there is something for everyone.

The brand's commitment to sustainable and ethical manufacturing practices is also commendable. Head has a long-standing commitment to reducing its environmental impact and ensuring that its products are manufactured in facilities that comply with ethical standards.

Subheading 5: Conclusion

Head is a brand that has stood the test of time. The company's commitment to innovation and quality has ensured its continued success in the sportswear industry. Today, Head is owned by Head NV, a publicly traded company with a diverse portfolio of businesses. The brand's future looks bright, thanks to its commitment to innovation, sustainability, and ethical manufacturing practices. Overall, Head is a brand that has proven itself to be a leader in the sportswear industry and is sure to continue to be so in the future.

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