ODLO International AG (ODLO) has experienced a system outage over the past few days. After having detected some inconsistencies in its business operations systems, we took the systems offline to identify the cause. All major systems are up and running again and will be operating as normal during this week.
For the fifth consecutive year, ODLO has been awarded Leader status from the Fair Wear Foundation. This rating is given to selected clothing manufacturers for their efforts to continuously improve working conditions in their supply chains.
Monte Rosa Sports Holding AG (“Monte Rosa”), has acquired ODLO International with its subsidiaries (“ODLO International”) from Herkules Fund III. The transaction was closed on Wednesday, May 13th, 2020.