All Arklyz Group articles
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ArticleArklyz to buy Lloyd Shoes from Ara
Arklyz AG, based in Stans, Switzerland, has signed a definitive agreement to buy the German brand Lloyd Shoes, along with all its operating subsidiaries, from Ara. The buyer plans to provide support and resources to grow Lloyd’s wholesale, omnichannel and international business. The transaction is expected to close in the ...
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News briefs
Shoe City sells 39 stores after failed acquisition by Arklyz
After 70 years in business, Shoe City filed for Chapter 11 reorganization on March 31, and the bankruptcy court authorized going-out-of-business (GOB) sales. The news comes after the failed acquisition of the Baltimore-based retail chain by the Swiss retail group Arklyz. In the summer of 2022, Arklyz, the owner of ...
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News briefs
Arklyz buys Shoe City
Arklyz Group, the owner of the athletic specialty footwear and lifestyle retailer, The Athlete’s Foot (TAF), has bougth Shoe City, a Baltimore-based sneaker and streetwear lifestyle retail chain together with an online platform www.ycmc.com. Shoe City is an established local business, having started with one location in Baltimore in 1949. ...
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News briefs
Intersport sells The Athlete’s Foot
The board of Intersport International Corp. (IIC) had already decided one year ago to initiate a search for a new owner of The Athlete’s Foot (TAF), the sports lifestyle footwear banner that it acquired in 2012. The Swiss-based owner of the big Intersport brand has finally picked ...
