Teko Socks Announces Private Investment

teko®, the technical and eco-friendly sock company attracts private investment.
Author:
Updated:
Original:

teko®, the technical and eco-friendly sock company attracts private investment.

A private investor has invested in teko® socks. This investment comes at a perfect time for teko and will be used to boost the brand's growing momentum in the specialist sports, outdoor, comfort footwear and natural products markets. teko will use the investment to increase on-hand inventories, accelerate product development, and strengthen back-end systems for improved customer service and market penetration. The essence of the teko brand remains the same; its main purpose is to provide the best technically performing socks with minimal impact on the planet. The new investor has expertise in the outdoor and footwear markets and a proven track record with small growing companies in niche markets; a synergistic match for teko's strong, eco-friendly brand.

With the investment, teko bids a very fond farewell to Jim Heiden, founder and former CEO. Owen Hammond has been promoted from VP of Operations to General Manager of teko. Owen's dedication to corporate sustainability and his involvement with the Outdoor Industry's Eco Working Group ensure a smooth ownership transition and teko's future brand integrity. Owen says, “This investment is a fantastic opportunity for teko to evolve to the next level and to provide our retailers and their customers with even better products and service. Demand for teko socks is growing tremendously, reflecting the need for performance gear that's easy on the planet. I am ecstatic to be part of teko at this dynamic stage in the brand's evolution.”

About teko® socks:
teko® socks: Best Socks ON the Planet, Best Socks FOR the Planet. Based in Boulder, CO, teko® was founded on the belief that making technical, high-performance outdoor products doesn't have to leave a heavy impact on our ecology. Using only high-performance fibers and sustainable manufacturing processes, teko creates performance socks that are safer for the environment. From the raw materials, all the way down to the recycled paper packaging, teko's product line features environmentally-sound materials, such as EcoMerino™ Wool, Ecopoly™ Recycled Polyester, Ingeo™ corn-based fiber and Organic Cotton. teko buys wind energy credits to ensure that 100% of the electricity used in manufacturing and operations is put back onto the energy grid from clean, sustainable American Wind. Greenhouse gases produced by transporting the socks are offset by purchasing credits through the Chicago Climate Exchange. teko is unique in that its eco-friendly commitment extends to its entire product line, supply chain, and daily business practices.

Phone: 800.450.5784Email: info@tekosocks.comWebsite: www.tekosocks.com

# # #

Related

teko® Socks Announces Unique New Packaging for 2008

Boulder, CO – teko®, a performance sock company specializing in environmentally-sustainable materials and manufacturing processes, announces unique new packaging for spring 2008. teko® has created bold new packaging that is even better for the planet, and for retailers. ...read more

Teko Socks Announces Organic Wool for Fall 2008

Boulder, CO – Teko, a performance sock company specializing in environmentally-sustainable materials and manufacturing processes, announces that they will be using certified organic merino wool in their fall 2008 socks. The high-performance, organic merino wool comes from a ...read more

teko® Announces Expansion into the European Market in 2008

teko® the company that added a new meaning to the word ‘sustainability' when it launched a range of highly innovative, performance socks back in 2004 and went on to win the Backpacker magazine Green Award in 2005, is expanding its distribution into the European market. teko® ...read more

Teko Socks Announces Partnership with Hyalite Outdoor Group

Bozeman, Mont. (July 6, 2011) – Officials from Teko Socks announce today that the company is moving its U.S. operations from Boulder, Colo. to Bozeman, Mont. as part of a partnership with the Hyalite Outdoor Group. The newly forged affiliation with Hyalite Outdoor Group -- the ...read more

Teko Socks Announces Sponsorship of USA Luge Olympic Team

Teko Socks is proud to announce a two-year sponsorship of USA Luge as its official sock supplier through the 2009-10 racing season.Teko will provide organic teko-merino and recycled teko-poly socks to the USA Luge athletes for training and for competition. Designed for ...read more

TEKO® Named Official Sock of Outdoor Retailer

TEKO, industry leader in sustainable, high performance socks, is proud to announce that the company has been named the Official Sock of the Outdoor Retailer Show. As part of this three-year agreement, TEKO will provide socks to buyers and media attending each show. A TEKO booth ...read more

The Great Outdoors Magazine Honors Teko® Socks

Teko, the innovation leader in sustainable, high performance socks, is pleased to announce that The Great Outdoors (TGO), a leading outdoor magazine in the United Kingdom, has selected Teko Summit Midweight Hiking and Teko Summit Expedition as outstanding socks in the ...read more

Aspen Skiing Company Names TEKO® Proud Partner and Official Sock

Aspen Skiing Company (ASC) has named TEKO, the innovation leader in sustainable, high performance socks, a Proud Partner and Official Sock Provider of Aspen/Snowmass. The alliance brings together two respected brands known as industry leaders in sustainable business practices. ...read more

Teko Socks Announces Partnership with Verde PR & Consulting

Boulder, Colo. (June 6, 2011) – Teko Socks was founded in 2004 with the goal of creating the best socks on the planet and the best socks for the planet. Teko continues to build on its trusted brand name as a leading innovator in the performance sock category.During this growth, ...read more