Past Event

AmCham Breakfast Forum: Michael Penner - Building a U.S. Business from Montreal - The Richelieu Legwear Story
When: Thursday, October 2, 2014 - 08:00 - Thursday, October 2, 2014 - 09:15

A presentation and discussion with the President and CEO of one of Montreal's leading clothing manufacturers on what it takes to build a successful U.S. business from a Montreal base. 

Guest Speaker: Michael Penner, President and CEO of Richelieu Hosiery International Inc. 

Mr. Penner is the President and CEO of Richelieu Hosiery International Inc., a privately-owned manufacturer and marketer of high-quality legwear based in Montreal. Under his leadership, the struggling local hosiery manufacturer has turned into North America’s leading provider of high-quality legwear, with the most diverse international sourcing model on the continent.

In 2011, Mr. Penner spearheaded Richelieu’s expansion into the United States, by acquiring substantial assets of International Legwear Group of North Carolina and orchestrating a complete turnaround of the ailing company. In 2014, Penner announced that Richelieu will invest a further $24 million in the United States, this time to build a new automated sock-making facility.

Mr. Penner is a graduate of Montreal’s McGill University and of Hofstra University School of Law in New York. Prior to joining Richelieu in 1998, Mr. Penner practiced law in New York, first at Rivkin, Radler and Kremer, and then at Olsten Corporation. He lives in Montreal with his wife and their five young children.

  • A continental breakfast will be served. 
  • The presentation will be in English.  
  • Reserve your place. Places are limited.

AmCham members - $20 (plus HST)
Non members - $35 (plus HST)
Students - $12 (plus HST)

Payable by credit card through PayPal. A PayPal invoice will be sent to you upon reception of notice of intent to attend the event. Note: Payment by credit card through PayPal does not require you to have a PayPal account. 

RSVP before September 30 2014  

For information contact: Tom Creary: / T: 514-893-4295  

This event is being held in cooperation with the Desautels Faculty of Management's Program for International Competitiveness at McGill University. 

Hosted By
AmCham Quebec