In what country was the sports goods company Fila first established (1911) and owned?
Fila (company) Fila (company) Fila, Inc. is an Italian sporting goods company founded in 1911 in Biella (Italy) and based in Seoul. Fila was founded in 1911 in Italy. Since a purchase in 2007 by Fila Korea, the company is now owned and operated from South Korea. Headed by chairman and CEO Yoon-Soo Yoon, Fila has offices in 11 countries globally. Fila was created in Biella, Piedmont, Italy, by Giansevero Fila in 1911. It originally started by making clothing for the people of the Italian Alps, now manufacturing sportswear for men, women, children and athletes. The company's primary product was originally underwear,
Fila (company) before moving into sportswear in the 1970s, initially with the endorsement of tennis player Björn Borg. The brand became more popular after moving into sportswear. The original Italian ownership shop Holding di Partecipazioni sold the company to US hedge fund Cerberus Capital Management in 2003, after the company over-committed itself to expensive athletic endorsements, at a time when margins were under pressure. Cerberus owned Fila through holding company Sports Brands International, which owned and operated all Fila businesses around the world with the exception of Fila Korea, which was a separate company operating the brand under licence. In January 2007,