Ibex Outdoor Clothing

Last updated
Ibex Outdoor Clothing, LLC
Type LLC
Founded Woodstock, Vermont, U.S. (1997)
FounderPeter Helmetag
John Fernsell
Headquarters
White River Junction, Vermont
,
Website http://www.ibex.com

Ibex Outdoor Clothing, LLC is a producer of wool clothing designed for outdoor use sold through a website and retailers. For the year 2001 Ibex made US$1.5 million in sales, [1] and by 2012 had reached US$12 million in sales. [2] Between 2014 and 2017 sales averaged US$20 Million. [3]

Contents

History

The company began when Peter Helmetag and John Fernsell met in 1997. Fernsell said “Everything looked the same and didn’t work. It was all either Gore-Tex or polyester fleece.” [4] In December 2017, Ibex announced that it would be shutting down its operations in February 2018 after the company's struggles in the outdoor market which led to the company laying off a third of its staff in November. [5]

In October 2019, Ibex relaunched as an online-only store, under the ownership of Flour Fund, which purchased the brand in early 2018, and the direction of Bonnie Shupe, and is now based in Boulder, Colorado. [6] [7]

Wool specialization

Ibex uses wool as the primary fabric for all its clothing, citing its ability to regulate temperature, anti-microbial properties, ability to wick away sweat, and its resistance to wear. [8] Merino wool is often used for lighter-weight or casual products, while coarser wool is used for outerwear, such as jackets, vests, often with a Merino lining.

Cow power

Ibex uses Vermont CVPS Cow Power to generate electricity in a sustainable fashion. According to Business Wire, Ibex consumed over 36,000 kilowatt-hours of electricity in cow power over the year 20052006. [9]

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References

  1. Bennington Banner - Manchester Journal: Business and Industry 2002 Archived 2011-07-07 at the Wayback Machine
  2. Outside Online 2012-08-16
  3. Vermont clothing company Ibex on the auction block 2012-12-29
  4. Ibex Outdoor Clothing: Our Company
  5. End of Trail letter from CEO Ted Manning 2017-12-01
  6. "Ibex Outdoor Clothing to Relaunch Less Than Two Years After Shutting Down". 21 October 2019.
  7. "Ibex Outdoor Clothing is relaunching". 14 October 2019.
  8. All About Ibex Wool Clothing - www.bayinghound.com Archived 2008-06-07 at the Wayback Machine
  9. Ibex Outdoor Clothing Wears Its Environmental Ethic on Its Sleeves | Business Wire | Find Articles at BNET.com