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Fila Holdings Corp. (d/b/a Fila) is a South Korean corporation that designs and manufactures shoes and apparel, taking its current name after the acquisition of the Italian company Fila in 2007 and therefore the rights to the brand name. It is the largest South Korean sportswear manufacturer. Fila was originally founded by Ettore and Giansevero Fila in 1911 in Biella, Piedmont, Italy. In 2003, it was sold to United States-based Sports Brand International. In 2007, the company was sold to Fila Korea, its South Korean division. In September 2010, it launched its initial public offering on the Korea Exchange.
Through its subsidiary Magnus Holdings Co., Ltd, Fila Holdings owns a 52% stake in Acushnet Company. Fila Holdings’ largest shareholders include Piemonte Co., Ltd at around 20%, Fila Holdings at 20%, and South Korea’s National Pension Service at around 13%. Gene Yoon (Yoon Yoon-su), who owns a 75% stake in Piemonte, serves as the chairman of Fila Holdings. The Chief executive officer is Yoon Keun-chang. Fila has offices in 11 countries globally.
FILA’s story dates to 1911 and a small Italian city close to the Alps. Four brothers provided the locals of their home town, Biella, with warm clothes and had a vision: to combine high-quality materials, classic design and fierce practicality. Founded in 1923 and initially focusing on underwear, this dedication soon led to popularity beyond Italian borders. The global breakthrough happened in 1974 thanks to a sportswear collection that revolutionised design, particularly in tennis. The White Line Collection by designer Pier Luigi Rolando was provocative, unconventional yet simple and honest. It offered authentic sportswear a special cosmopolitan charm. FILA brought in some new colours, not only to white-material-dominated tennis world but also to classic, timeless looks that have made it around the world.
To this day, FILA represents sophistication as well as Italian craftsmanship and keeps impressing beyond the realm of sports, reaching the streets of metropolises and runways of high-end fashion shows. More than 100 years of success are based on the unwavering philosophy of innovation and the spirit of always being on the move. The label aims to keep creating exquisite fashion that is convincing not only in terms of performance but also in design and flexibility. FILA has evolved into a cult brand for fashion, sports and pop culture.