The sportswear distributor’s $24.6m Goldwin Play Earth Fund will run for a decade and focus on environmentally friendly materials, sustainable manufacturing and sports-related healthcare and education.

Japan-listed sports apparel producer Goldwin has formed a corporate venture capital arm called Goldwin Venture Partners in partnership with open innovation firm Mirargo’s investment management subsidiary, Ignition Point Venture Partners.

Founded in 1951, Goldwin manufactures sportswear items through brands including Goldwin, The North Face, Helly Hansen, Speedo, Icebreaker, Ellesse and Woolrich, and runs 150 stores across its home country and in San Francisco, in the United States.

Mirargo was founded in early 2020 as Ignition Point, or IGP X for…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.