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The Latest Breaking News from Yvon Chouinard

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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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.

The Conversation

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.

Fortune

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?

Advnture

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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.

Fortune

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.

Kiplinger

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.

Fortune

‘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

The Guardian - US

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

Advnture

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

Evening Standard

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…

The Conversation

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The Conversation

Has Patagonia defined a new gold standard for business responsibility?

Patagonia’s founder Yvon Chouinard made headlines recently with the decision to give his family’s $3 billion company, and its future profits, to the fight against climate change. In his words, “Earth is now the company’s only shareholder.”

Inverse

Why Patagonia’s “purpose” model reveals fashion’s biggest hurdle to sustainability

Going forward, all of Patagonia’s profits, some $100 million annually, will fund efforts to address climate change and advance wilderness preservation, the company announced on September 14, 2022.

Daily Mirror

5 bits of good news you might have missed this week - including Alzheimer's breakthrough

The news has been pretty bleak lately and it's been hard to keep up with all the sombre events that have been going on, so you may have missed a few stories that could make you a bit more hopeful for the future

The Conversation

Why Patagonia's purpose-driven business model is unlikely to spread

Patagonia founder Yvon Chouinard, his wife, Malinda, and their two adult children no longer own the outdoor gear and apparel company. But based on my experience as a former executive who is now an adviser and lecturer focused on sustainability, I don’t expect many other U.S.-based companies to follow their…

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Chicago Tribune

Nina Metz: Can TV spare a thought for the anti-‘Succession’ and the un-‘Billions’?

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 climate change.

The Conversation

Patagonia's founder has given his company away to fight climate change and advance conservation: 5 questions answered

Patagonia founder Yvon Chouinard, his wife and their two adult children have irrevocably transferred their ownership of the outdoor apparel company to a set of trusts and nonprofit organizations.

The Guardian - UK

How investments in the Earth’s future should be made by Patagonia and others

Letter: Yvon Chouinard’s donation of his $3bn company is a step to kickstart change, but global actions are needed, writes Prof Phoebe Barnard of Stable Planet Alliance

The Guardian - UK

Patagonia’s radical business move is great – but governments, not billionaires, should be saving the planet

We cannot simply stand back and hope that the elite will give away their wealth to tackle the climate emergency, says academic Carl Rhodes

inkl Originals

The Weekly Wrap for Saturday, 17 September 2022

Inflation lunged sideways, stocks dropped all over the shop, the European Union massaged its slapping hand, and Adobe suite went brrr.

The Guardian - UK

Will King Charles follow the lead of Patagonia owner’s $3bn giveaway?

Letter: The Duchy of Cornwall’s business interests could be given to a trust to benefit the environment, suggests Prof Alan Bleakley

Wales Online

Patagonia founder gives away £2.6bn empire to tackle climate change

Billionaire Yvon Chouinard has transferred the ownership of the company he founded to a tailored not for profit organisation

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