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Leonardo Servadio, founder of Ellesse. Ellesse was founded by Leonardo "Mantis" Servadio on 19 June 1959 in Perugia, Umbria, Italy.The name Ellesse derives from Servadio's initials, "L.S.", [1] which are spoken "elle" and "esse" in Italian.
In the same year, the company announced plans to double its men's clothing business in the next five years beyond its women's athletic apparel and accessory business, competing against other well-known athletic sportswear brands such as Nike and Under Armour. [10] In March 2022, Lululemon expanded their product line by adding footwear. [11]
The shoes were recalled in 2009 for a product fault, when the fabric was exposed to water the shoe's stitching would come apart. This in turn lost Le Coq Sportif millions in revenue. In 2012, Le Coq Sportif returned to professional cycling , and manufactured the jerseys for the Tour de France under a new five-year contract with Amaury Sport ...
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In 2008, the company entered the golf shoe marketplace by acquiring the golf shoe manufacturer Bite Footwear and introducing a Croc-styled pair of golf shoes, the Ace. [ 24 ] After the acquisition of HeyDude for $2.5bn in 2022, the shoe maker expanded into shoes other than their patent clogs, and they even started manufacturing apparel.
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