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K-Swiss Acquisition Of ONE-Distribution

2015/6/5 21:02:00 71

K-SwissAcquisitionClothing ManufacturerONE-Distribution

It is reported that E.Land Group's branch K-Swiss Global Brands (KSGB), also known as "K-Swiss Inc.", announced the acquisition of leading apparel with skateboard shoes as inspiration.

footwear

The manufacturer, KR3W Denim Co. (KR3W) and SUPRA Footwear Footwear (SUPRA) parent company ONE-Distribution, and appointed Robert'Cape'Capener as president of the Robert and brand.

  

K-Swiss

Global Brands has acquired the company, which is located in California Fang Quan Valley, from a number of shareholders including private Capital Bertram Capital in San Mateo, California, and a small group of private investors including ONE-Distribution founder Scott VanDerripe, Angel Cabada and Scott Bailey, whose purchase price has not yet been announced.

At the same time, KSGB also announced the appointment of Robert'Cape'Capener as the president of Supra and KR3W brands, and reported to KSGB president and chief executive Larry Remington.

Cape has a wealth of experience in sportswear, footwear and extreme sports, including the introduction of new products and shaping of all kinds of products.

brand

Cape has established Above the Rim and Heaton brand, and has been an executive in Adidas (Adidas), Reebok (Reebok) and No Fear.

KSGB president and chief executive officer Larry Remington said: "although KSGB has been established for two years, we are striving to become one of the world's leading multi Brand Company.

SUPRA and KR3W meet our unique needs for product mix, namely originality, good brand awareness and good track record in seeking product innovation and seeking long-term global development opportunities.

We are very pleased to join the ONE-Distribution team and lay the foundation for the future.

The acquisition will bring the total number of global distribution brands in the KSGB product portfolio to 6, including K-Swiss, Palladium, PLDM, OTZ Shoes, KR3W and SUPRA Footwear.

KSGB is the Department of E-Land Group.

E-Land Group is a company group with annual sales of $10 billion. It has more than 200 brands, more than 10000 retail outlets, branches and branches, including clothing, footwear, retail, hotels, leisure and entertainment.

The KSGB and ONE-Distribution leadership team will be working quickly in the next few weeks to develop an integrated plan for the company and its new entities.


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