Peter NygårdChairman & Founder, Nygård International
Peter J. Nygård, Chairman of NYGÅRD International, is the classic rags-to riches story. The son of Finnish immigrants, Nygård stitched up a clothing empire tailored specifically for women and is the ultimate self-made man. Known for being hard driven and business–minded, Nygård created a standard of excellence for the Canadian women’s fashion industry by having the #1 recognized label in the Canadian marketplace.
Peter Nygård’s success story began when he gathered his life savings and borrowed $8,000 capital to purchase 20% of a women’s garment manufacturer with $800,000 in annual sales. Within a few years, he was sole owner. The speed with which Nygård claimed his #1 position in the industry is attributed to the uniqueness of his business decisions and his work ethic that includes 14-16 hour days/seven days a week.