By  on May 30, 2012

LOS ANGELES — Yvon Chouinard, the outdoor enthusiast-turned-entrepreneur who founded Patagonia Inc., thrives in a recession.

In the last five years, his Ventura, Calif.-based company grew faster than it ever has since it started as a mail-order climbing-gear catalogue in 1964. In its fiscal year that ended in April, for instance, Patagonia’s revenue surged 35 percent to $550 million, eclipsing the 25 percent increase it posted in fiscal 2010-11.

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