Pearl Izumi has eliminated an undisclosed number of jobs from its Louisville, CO headquarters, and its parent company, United Sports Brands, plans to sell the building, according to a report from the BusinessDen.
United Sports Brands acquired Pearl Izumi in May 2022.
According to the Business Den, Candi Whitsel, SVP, marketing, United Sports Brands, declined to comment on how many jobs are being eliminated when the Louisville office closes.
“There were synergies as a result of the acquisition, and we’re reinvesting funds into working dollars like product and building the brand,” Whitsel said.
Whitsel also noted that Pearl Izumi’s 55,000-square-foot headquarters, located at 101 S. Taylor Avenue, had been half-full pre-pandemic and is now less occupied with the shift to remote working.
The remaining employee who work at Pearl Izumi’s Louisville office were given the option to work remotely or relocate to United Sports Brands’ headquarters in Fountain Valley, CA. Whitsel said USB had discussed smaller office space in Colorado.
United Sports Brands’ portfolio includes Pearl Izumi, Nathan, McDavid, Cutters, Shock Doctor, and Glukos.
Photo courtesy USB/Pearl Izumi
