K-Swiss on ‘aggressive’ acquisition trail - sportstextiles: Lea SportsTextiles

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K-Swiss on ‘aggressive’ acquisition trail

03/06/2015
K-Swiss on ‘aggressive’ acquisition trail
K-Swiss Global Brands (KSGB), a division Korea’s E.Land Group, has bought skate apparel and footwear manufacturer ONE-Distribution, parent company of KR3W Denim and SUPRA Footwear, from a group of private investors and buyout firms.

The group has appointed Robert Capener as the brand president of both Supra and KR3W, reporting to Larry Remington, CEO of KSGB (pictured). 

Mr Cape founded the Above the Rim and Heaton brands, and has held senior positions at Adidas, Reebok and No Fear.

"Having formed KSGB just two years ago, we are on an aggressive track to become one of the world's leading multi-brand companies," said Mr Remington. "SUPRA and KR3W are brands that meet the distinctions we are looking for in our portfolio: authenticity, strong brand awareness, a track record of product innovation and opportunities for long-term, global growth."

This acquisition brings the KSGB portfolio to a total of six globally distributed brands, including K-Swiss, Palladium, PLDM, OTZ Shoes, KR3W and SUPRA Footwear.

Related stories:

New VP of sales at K-Swiss 10/08/2016
Denim reworked for athleisure 08/10/2015
Taipei innovative textile show generates £50 million in sales 25/10/2012
K-Swiss and Künzli end trademark dispute 13/03/2012
K-Swiss hit by big loss 04/08/2011
More than 1.5 million pairs of shoes treated with ion-mask 22/06/2011
K-Swiss announces loss in Q4 23/02/2011
Lifestyle segment boosts P2i results 18/11/2010

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