Buy Canadian

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A community dedicated to buying Canadian products.

Une communauté dédiée à l'achat de produits Canadiens.

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1. Posts must be related to buying Canadian-made goods and / or using Canadian-owned services

2. Absolutely no bigotry will be tolerated. This includes, but is not limited to, racism, sexism, homophobia, transphobia, etc.

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Tolerated: AI-generated post summaries

4. When discussing a Canadian product that isn't available nationally, please do your best to specify where it can be purchased

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Users are encouraged to report any content that violates our community guidelines

Règlements :

1. Les poteaux doivent être en lien avec l'achat de produits et / ou de services opérés par des canadiens

2. Aucune bigoterie ne sera tolérée. Ça comprend, mais sans se limiter à, le racisme, le sexisme, l’homophobie, la transphobie, etc.

3. Politique sur le contenu IA

Non permis : Images ou articles générés par l'IA

Toléré : Résumés IA de publications

4. Lors d'une discussion sur un produit canadien qui n'est pas disponible à l'échelle nationale, veuillez faire de votre mieux pour préciser où il peut être acheté

5. Seul le contenu en français et en anglais n'est toléré

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Les utilisateurs sont encouragés à signaler tout contenu qui ne respecte pas nos directives communautaires

Related communities: Communautés connexes :

!buyeuropean@feddit.uk !buyafrican@baraza.africa !boycottus@lemmy.ca !canada@lemmy.ca !canada@lemmy.ml

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Helly Hansen purchased by US corporation Kontoor Brands, Inc (ca.finance.yahoo.com)

submitted 1 day ago by rxbudian@lemmy.ca to c/buycanadian@lemmy.ca

11 comments fedilink hide all child comments

There's no longer a need to support HH if you want to help Canadian companies. You can support Arc'teryx as an alternative.

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[–] protist@mander.xyz 10 points 1 day ago (3 children)

Helly Hansen has never been Canadian...it was Norwegian

[–] ValueSubtracted@startrek.website 23 points 1 day ago (1 children)

It looks like they've been quite the global football.

By 1995, the company was owned by Norwegian conglomerate Orkla. That year, Orkla sold a 50% stake in Helly Hansen to Resource Group International, which merged with Aker in 1996.

In 1997, Investcorp bought Aker's stake and most of Orkla's stake, resulting in its 70% ownership of Helly Hansen, which was valued at $160 million at the time.

In October 2006, Investcorp sold its shares in Helly Hansen to Altor Equity Partners, a private equity firm.

In 2012, Altor sold a 75% stake in Helly Hansen to the Ontario Teachers' Pension Plan.

In 2015, the Ontario Teachers' Pension Plan increased its position, acquiring Altor's remaining stock in the business. In May 2018, Ontario Teachers sold the company to Canadian Tire for CA$985 million.

[–] protist@mander.xyz 7 points 1 day ago (1 children)

My god

[–] Bobble7@lemmy.ca 1 points 11 hours ago

Helly Hanson is a good, strong brand but never perceived as particularly Canadian. It was a smart move for CT to sell and they got good money for it. They already have the Woods outdoor brand which they can use that money to increase investment in, and now they have the HBC brands picked up on fire sale and are definitively Canadian and will go well with Woods.

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