MASCOT Workwear 2.31

Mascot International A/S is an international, family-run textile company headquartered in Sejs, Silkeborg, Denmark. MASCOT designs, manufactures and markets workwear and safety footwear and is the leader in Denmark and among the largest in Europe. The company is 100% owned by the Grosbøl family.Board and the Supervisory BoardThe Executive Board consists of five members, with Michael Grosbøl as the Managing Director. The Board consists of Chairman John Grosbøl, Tove Grosbøl, Michael Grosbøl and Susie Grosbøl.HistoryMascot was founded by John Kjaergaard Grosbøl in 1982 under the name Scan Termo Konfektion Aps, selling winter clothes. The little bear in the logo symbolised durability and warmth, and soon MASCOT was best known as 'the bear'. In 1989, workwear was launched. The name became Mascot International A/S in 1995. From 1992-2002 Mascot increased its turnover to total 300 million dollars. In 2002, Michael John Grosbøl took over the daily management of the company from his father John, who instead became Chairman of the Board of Mascot International.In 2003, the company had a turnover of 260 million DKK and was the fourth largest producer of workwear in Europe. There were approximately 160 employees in Denmark, while the rest worked in sewing factories in the Far East.In 2007, the company made nearly 55 million DKK, the largest earnings in Mascot's history. In 2010, this result was beaten, as the profit before tax was just over 55 million.Company milestones in recent years include the establishment of its own SA-8000 certified factory in Vietnam in 2008. and the purchase of a large piece of land in Pårup, Denmark, where they will build a new headquarters bringing together all of MASCOT's Danish activities. The new headquarters is expected to be completed in 2017.