Lolë completed the acquisition of Louis Garneau Sports from Champlain Financial Corporation.

Lolë, a global clothing brand producing premium athletic wear and outerwear, completed the acquisition of Louis Garneau Sports, a provider of cycling and triathlon apparel, from Champlain Financial Corporation, a private equity firm. Financial terms were not disclosed. "This is an exciting opportunity to partner with a beloved brand that brings its unique perspective to our team. The acquisition will allow us to diversify our product offering and strengthen our commitment to innovation, quality, and performance, providing our customers with an even broader range of sports clothing and equipment," Todd Steele, Lolë CEO.