Helly Hansen acquires Musto:
Technical outdoor brand Helly Hansen signed a definitive agreement to acquire Musto, a British specialist sailing and country apparel brand, from Phoenix Equity Partners and other shareholders.
The transaction complements Helly Hansen’s existing leadership position in professional skiing apparel and enhances its presence in the U.K. outdoor market.
Musto caters to professional yachtsmen and world-class dinghy sailors. It was granted two British Royal Warrants and an official supplier to both the British National Sailing Team and the British Equestrian Federation through to the 2020 Tokyo Olympic Games.
In early 2015, Helly Hansen developed a new long-term growth strategy based …
Full Article: Scuttlebutt Sailing News – Helly Hansen acquires Musto, Editor
Waiting for the Record Breaking Window:
French sailor François Gabart and the 30m MACIF trimaran have their sights on setting a new solo round the world record. The time to beat is held by Thomas Coville since December 2016 of 49 days, 3 hours, 7 minutes and 38 seconds. Only three sailors to date (Francis Joyon, Ellen MacArthur, Thomas Coville) have ever held the record. Gabart intends to be the fourth when he goes on standby October 22.
Gabart is studying the weather situation closely with the routing team run by Jean-Yves Bernot. In the last two years, the man they call “the Wizard” has established a relationship of total trust with the skipper of the MACIF trimaran and his team, to decide on the best window to get th…
Full Article: Scuttlebutt Sailing News – Waiting for the Record Breaking Window, Editor
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