×
80 341
Fashion Jobs
FOOT LOCKER
Overnight Assistant Operations Manager
Permanent · Greensboro
BATH & BODY WORKS
Buyer Procurement
Permanent · Columbus
BATH & BODY WORKS
Senior Procurement Manager, Information Technology
Permanent · Columbus
BATH & BODY WORKS
Senior Buyer, IT Procurement
Permanent · Columbus
BATH & BODY WORKS
Maintenance Manager
Permanent · Columbus
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Crestwood
KOHLS
Category Sales Account Manager - Kohl's Media Network *Remote*
Permanent · Menomonee Falls
KOHLS
Manager, Category Account Sales - Kohl's Media Network *Remote*
Permanent · Menomonee Falls
KOHLS
Full-Time Loss Prevention Associate
Permanent · Findlay
KOHLS
Product Manager ii
Permanent · Menomonee Falls
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Albuquerque
KOHLS
Compliance Analyst
Permanent · Menomonee Falls
KOHLS
Full-Time Loss Prevention Supervisor
Permanent · Albuquerque
KOHLS
Full-Time Loss Prevention Officer
Permanent · Deer Park
KOHLS
Full-Time Loss Prevention Officer
Permanent · Silver Spring
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Parker
L'OREAL GROUP
l'Oreal Vice President, Data, CRM & Loyalty
Permanent · New York
OLD NAVY
General Manager - Butler Plaza West
Permanent · Gainesville
NORDSTROM
Asset Protection - Agent - Del Amo Fashion Center
Permanent · Torrance
NORDSTROM
Asset Protection - Agent - Northgate Rack
Permanent · Seattle
NORDSTROM INC
Learning & Leadership Manager, Supply Chain - Hybrid
Permanent · Seattle
NORDSTROM INC
Area Manager Warehouse Wcoc -Riverside, ca
Permanent · Riverside
Translated by
Barbara Santamaria
Published
Mar 18, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Deichmann acquires American shoe chain KicksUSA

Translated by
Barbara Santamaria
Published
Mar 18, 2019

German shoe retailer Deichmann is driving growth in China and the US through a series of initiatives, including the acquisition of shoe chain KicksUSA and its 64 stores, which will be run under the Snipes brand.


Photo: Jordan, via KicksUSA



Last week, Deichmann reported an increase in revenues to 5.8 billion euros, up 2% at constant currency. Worldwide, the company sold 178 million pairs of shoes during 2018 - 1.4 million more than in the previous year.

Deichmann said the KicksUSA acquisition is the biggest transaction in its history. In addition to an online shop, the chain operates over 60 stores on the East Coast, in cities including Philadelphia and New York, and in the state of New Jersey. Snipes, which appeals to a similar target group as KicksUSA, has been a part of Deichmann since 2011 and operates 230 stores in nine European countries.

“We have made a considerable investment in the US because, backed by our many years of market knowledge, we are convinced that we can make an impact here, in a segment that promises long-lasting growth,” Heinrich Deichmann, chairman, said.

The German company has had a presence in the US since the 1980s, when it acquired Lerner Shoes, a brand which later evolved into Rack Room Shoes. In 2001, Deichmann bough shoe brand Off Broadway, taking the total number of stores it operates in the US to over 520 locations.

Deichmann also announced this week that it will be launching in China in partnership with Tmall Global. A selection of its range is expected to become online via Tmall in the first half of the year.

Copyright © 2022 FashionNetwork.com All rights reserved.