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.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"