High-end skiwear brand Fusalp is set to open a store in Madrid, the brand’s first in Spain, Palco 23 has reported. The store will be located at 88 calle Claudio Coello, in the Salamanca district, one of the wealthiest areas in Spain’s capital city and a major shopping district. Fusalp was currently sold in Spain via Barcelona-based Santa Eulalia.
Fusalp was founded in 1952 in Annecy, in the French Alps. In 2014, Sophie and Philippe Lacoste, grandchildren of Lacoste’s founder and tennis legend René Lacoste, took control of the company. In May of this year, private equity funds Mirabaud Patrimoine Vivant and Mirabaud Lifestyle Impact & Innovation acquired a 12.5 percent stake in the company. Fusalp doubled its revenues in the fiscal year that ended May 31, 2022, to over €40 million, half of which was from abroad and with online revenues up by 60 percent on the previous year.
