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Sunday, April 11, 2021

Inov-8 Relaunches Under Original Founder

Inov-8 founder Wayne Edy quietly bought back the footwear company from Descente last year and is planning a relaunch with a new running shoe for trail and ultramarathon runners.

The shoe will be the first to feature a Graphene-enhanced foam, called G-FLY, developed in collaboration with The University of Manchester and leading footwear veteran Doug Sheridan. Inov-8 pioneered the use of Graphene in 2018 when launching Graphene-enhanced rubber. The shoe will debut on March 24.

Edy, who founded Inov-8 in 2003 and now owns 100 percent of the business outside of Northern Asia, said in a statement: “I’m delighted to be back at the helm ahead of what is an exciting new chapter in the continued development of the world’s most innovative sports brand.

“We benefited from being part of the Descente group from 2015 to 2020, but we’re now independent again and preparing for our biggest ever product launch next month.”

Michael Price, Inov-8 COO, added, “We’re bringing together the worlds of science and sport, and combining them with innovation and entrepreneurial agility to go up against the major sports brands, and we’re going to win.”

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