Ibex Outdoor Clothing Explained

Ibex Outdoor Clothing, LLC
Foundation:Woodstock, Vermont, U.S. (1997)
Founder:Peter Helmetag
John Fernsell
Location City:White River Junction, Vermont
Homepage: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]

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 2005 - 2006.[9]

Notes and References

  1. http://extras.berkshireeagle.com/NeBnr/business/default.asp?filename=page26&adfile=ads8 Bennington Banner - Manchester Journal: Business and Industry 2002
  2. https://www.outsideonline.com/1903056/born-usa Outside Online
  3. http://www.burlingtonfreepress.com/story/money/2017/12/29/vermont-clothing-company-ibex-auction-block/990045001/ Vermont clothing company Ibex on the auction block
  4. Web site: Ibex Outdoor Clothing: Our Company . 2015-11-22 . 2015-11-22 . https://web.archive.org/web/20151122220655/http://shop.ibex.com/ibex/our-company . dead .
  5. https://www.ibex.com/end-of-the-trail-letter End of Trail letter from CEO Ted Manning
  6. Web site: Ibex Outdoor Clothing to Relaunch Less Than Two Years After Shutting Down. 21 October 2019.
  7. Web site: Ibex Outdoor Clothing is relaunching. 14 October 2019.
  8. http://www.bayinghound.com/allaboutibex.html All About Ibex Wool Clothing - www.bayinghound.com
  9. http://findarticles.com/p/articles/mi_m0EIN/is_2006_Sept_8/ai_n16714662 Ibex Outdoor Clothing Wears Its Environmental Ethic on Its Sleeves | Business Wire | Find Articles at BNET.com