Moose Knuckles

The October 2024 investment release, syndicated on the Globe and Mail's investing wire, states Cathay Capital had been the majority investor since 2019 and that the round marked the exit of co-founders Ayal Twik and Noah Stern as shareholders, leaving no documented Canadian equity holder. Cathay Capital's own site puts its headquarters at 52 Rue d'Anjou in Paris and names Mingpo Cai, a Chinese-born financier, as founder, chairman and CEO, with offices spanning Paris, Shanghai, and Beijing alongside Munich, New York, San Francisco, and Singapore, so Cathay's majority stake is split an estimated 55/45 between the EU and OTHER buckets to reflect its dual French and Chinese base. Wikipedia's Bosideng article says Bosideng, a Hong Kong listed Chinese down apparel company, bought a 30 percent stake in 2024, which is allocated entirely to OTHER. No Corporations Canada or Quebec registry filing for Modes Moose Inc. was checked.

• Moose Knuckles Secures Strategic Investment from Down Apparel Leader Bosideng and Current Shareholders to Fuel Expansion as a Global Luxury Outerwear Brand - The Globe and Mail press “Cathay Capital, which had been the majority investor since 2019”
• Bosideng other “In 2024, the company invested in Canadian outdoor brand Moose Knuckles, buying a 30% stake in the company.”
• Cathay Capital - Why Cathay other “offices in Paris, New York, Shanghai, Munich, San Francisco, Berlin, Beijing and Singapore”
• Cathay Capital - Mission & Values other “Mingpo CAI, Founder, Chairman and CEO of Cathay Capital”
• Cathay Capital - Portfolio other “One of the world's leading brands of luxury outerwear, sportswear, and accessories, based in Montreal, Canada.”

Moose Knuckles' own human rights statement says a significant majority of final stage production splits between China and Vietnam with a small portion in Peru, and lists finished goods coming from Vietnam, China, Peru, Canada, and Portugal. Madeinca.ca corroborates that some production takes place in Winnipeg, Manitoba alongside overseas facilities. No exact percentages are published, so the split between the Canadian and Portuguese balance is an estimate weighted toward the stated China and Vietnam majority.

• Human Rights Statement | Moose Knuckles CA vendor_statement “A significant majority of our final stage production is split between China and Vietnam with a small portion in Peru, with the balance spread across other supply chains listed below.”
• Best Winter Jacket Brands in Canada | Made in CA directory “While some production takes place in Winnipeg, Manitoba, the company also uses overseas facilities to manufacture their winter jackets.”

The contact page lists a Montreal head office for Moose Knuckles, a New York office under Moose USA Inc., and a Milan office under Moose Milano srl, and the human rights statement gives the same Montreal address of 225 Chabanel St. West as the head office established in 2010. No source publishes staff counts by office, so the mix is an estimate that gives the founding Montreal head office the largest share.

• Contact Us | Moose Knuckles CA vendor_statement “Moose Knuckles Head Office, 225 Chabanel St West, Suite 300, Montreal, QC H2N 2C9, Canada”
• Human Rights Statement | Moose Knuckles CA vendor_statement “Moose Knuckles was established in February 2010, with its head office located at 225 Chabanel St. West, Suite 300, Montreal, QC.”

The human rights statement lists raw material sourcing countries as South Korea, China, Vietnam, Japan, Taiwan, and Canada, and the responsible materials page describes down, shearling alternatives, leather, and wool sourced from certified farms without naming countries. With five of six raw material origins in Asia and no exact split published, the mix gives Canada a minority share and the rest to OTHER.

• Human Rights Statement | Moose Knuckles CA vendor_statement “raw materials come from South Korea, China, Vietnam, Japan, Taiwan, and Canada”
• Responsible Materials | Moose Knuckles CA vendor_statement “sourced as a by-product from farms raising sheep for the food industry”