Clothing & Shoes

Patagonia owner gives away company to fight climate crisis

Following the move, the companyโ€™s non-voting stock will go towards Holdfast Collective, a non-profit โ€˜dedicated to fighting the environmental crisis and defending natureโ€™

The owner and founder of Patagonia, Yvon Chouinard, has announced that he is giving away the company to an environmental trust and non-profit, with profits set to go towards environmental charities to help fight the climate crisis.

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