Hanson Industries invented and popularized the rear-entry ski boot. Formed by brothers Chris and Denny Hanson in 1969, the company became a huge success in the late 1970s. A series of missteps in the early 1980s led to a rapid death spiral and the company went bankrupt in 1984. It was purchased by Daiwa, a Japanese fishing tackle company that handled Hanson's distribution in Japan. Daiwa ended sales in North America and Europe. European products, notably the famous Salomon SX series, used Hanson's exit as a springboard to market domination during the second half of the 1980s. Denny Hanson later introduced the "Apex" design, which combines features of alpine and snowboarding boots.
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