Patagonia

1 for the Planet. Yvon Chouinard founded Patagonia in 1973.

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September 15 2022 1026 AM 4 min read.

. Pataˈɣonja refers to a geographical region that encompasses the southern end of South America governed by Argentina and Chile. Yvon Chouinard said any profit not reinvested in running the business would go to fighting climate change. The billionaire founder of the outdoor fashion brand Patagonia has given away his company to a charitable trust.

The label has amassed a cult following. The companys non-voting stock worth close. It owns all of the voting stock of the company which gives it the right to approve key company decisions like who sits on the board of directors and what changes can be made to the companys legal charter including its reason for being and B Corp.

Climbing surfing skiing and snowboarding fly fishing and trail running. The Patagonia Purpose Trust was created solely to protect our companys values and mission. Patagonia Spanish pronunciation.

The region comprises the southern section of the Andes Mountains with lakes fjords temperate rainforests and glaciers in the west and deserts tablelands and steppes to the east. Patagonia semiarid scrub plateau that covers nearly all of the southern portion of mainland Argentina. Patagonia founder Yvon Chouinard his spouse and two adult children are giving away their ownership in the apparel maker he started some 50 years ago.

Patagonia is a designer of outdoor clothing and gear for the silent sports. It is bounded approximately by the Patagonian Andes to the west the Colorado River to the north. With an area of about 260000 square miles 673000 square kilometres it constitutes a vast area of steppe and desert that extends south from latitude 37 to 51 S.

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