Catalogue information
Fila was founded in 1911 by the Fila brothers in the town of Biella, to produce clothes for the local population. Before Fila switched to sportswear in the 1970s, the main product was underwear. The original owner, Holding di Partecipazioni, sold Fila to hedge fund Cerberus Capital Management in 2003. The reason for this was that the manufacturer was in financial trouble. Cerberus immediately transferred the company to one of its holdings "Sports Brands International". The only thing that did not reach Cerberus was Fila Korea, which was an independent company that sold Fila products under license. In 2007, Fila Korea acquired international Fila for USD 400 million, making it the largest South Korean sportswear brand in one fell swoop.
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