Goldwin Inc.

Goldwin is a sports and outdoor apparel manufacturer whose defining feature is operating THE NORTH FACE in Japan, accounting for approximately 77% of sales, while strengthening its own brands. Originating in Toyama, the company independently develops popular brands in Japan, including its own Goldwin brand and THE NORTH FACE under Japanese trademark rights, as well as Helly Hansen, ellesse, and Canterbury. THE NORTH FACE accounts for approximately 77% of revenue, creating a high level of dependence, and the company is pursuing a strategy of reducing that dependence and strengthening proprietary brands. Goldwin is particularly strong in brand operations and product planning.