By  on August 6, 2019

K-Swiss’ new owners see a wealth of opportunity for the brand in China.

On Friday, Xtep International Holdings, a Hong Kong-based Chinese sportswear retailer, finalized its acquisition of KSGB, the Los Angeles-based footwear company that owns K-Swiss, Palladium and Supra, for $260 million. The two parties agreed to the terms of the deal in May, and officially closed the deal on Aug. 2.

To continue reading this article...

load comments
blog comments powered by Disqus