Race Face returns with new ownership
Originally posted on May 10, 2011 at 12:16 pmA dozen Race Face employees are back at work at their desks this week after the company’s new owner, Chris Tutton, purchased it out of receivership, Bicycle Retailer is reporting. Tutton is currently the director of OE sales at Easton-Bell and is the former vice president of sales at Race Face.
“We purchased everything, the trademarks, intellectual property, buildings, machines, raw material and inventory. We expect to ship Race Face product on Friday,” he said.
He plans to rehire more former Race Face employees over the next month, and expects to have 35
people back at their jobs in three-month’s time. Warranties will be honored on all Race Face products.