Auri Design Group, the U.S. company in charge of Auri Footwear, is being bought by Wellston Filter Sciences, and will become a wholly owned subsidiary. Once the purchase is approved, its new name will be Auri Inc. Auri, which makes footwear across most niches, including sport, casual, dress and fashion, was started in California in 2007. Forbes magazine once named it to its list of “America's Most Promising Companies.”

Topics