Established in 2011, Forest is the first brand of 100% animal free puffer jackets, and a leading producer of animal-free clothing under the Save the Duck brand. Forest is currently present in 29 countries, mostly in Europe, with Germany in the lead, followed by Benelux and Scandinavia, thanks to a selected network of wholesale stores. It reached an export rate of above 50%. Forest generated 2017 sales of Euro 31,5 million, with an EBITDA margin of 23% and is expected to double revenues in the next three years. Progressio will support the development of a monobrand network; in the mid-term it will open stores starting from Milan and followed by the main international fashion destinations such as New York, London and Tokyo.