And he recently sold Eastpak, the backpack maker, for $89.9 million to the VF Corporation.
Since 2007, it has been owned by the VF Corporation.
The company is owned by VF Corporation, the largest apparel company in the world.
During the 1960s the company expanded to 81 countries and in 1969 was acquired by VF Corporation, becoming a brand.
As of December 2010, the company has entered into negotiations with VF Corporation to sell the trademark and intellectual property.
In 2003, Chu sold the company for $1 billion to VF Corporation.
Kipling brand is part of VF Corporation since 2004.
In 2009 the total revenues of VF Corporation were $7,220 million.
Mr. Charron is executive vice president of the VF Corporation.
It sold the company two years later to the VF Corporation for $775 million, including long-term debt.