Zen archery: For a company-wide meeting in 1997, Patagonia brought in a demonstration of “kyudo” or Zen archery. Western archery is aimed at scoring points, ideally the center bull’s eye.

The Patagonia Purpose Trust owns all of the voting stock, or 2% of the company. That leaves the other 98% to the Holdfast Collective, who holds all of the nonvoting stock.

Patagonia estimates that after reinvesting some profits back into the company, about $100 million annually will be distributed to the Holdfast Collective as a dividend, depending on the health of ...

Patagonia founder Yvon Chouinard, donates his company to a climate focused trust to "reimagine capitalism" after 50 years in making outdoor gear.

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Patagonia will continue to operate as a private, for-profit corporation but the Chouinard family, which controlled the company until last month, no longer own the company, according to the New ...

Outdoor gear company Patagonia says “the earth is now our only shareholder” after transferring the company's ownership from founder Yvon Chouinard and his family to two nonprofits established ...

Business Patagonia founder gives company away to environmental trusts Sep. 15, 2022 at 6:40 am Updated Sep. 15, 2022 at 3:18 pm ...

In a letter posted on the privately-held company’s website on Wednesday night, founder Yvon Chouinard said the 50-year-old company would transfer 100% of the its voting stock to the Patagonia ...