Vietnam
 
Portugal
 
Hong Kong
 
United States
World Footwear
     Newsletter World Footwear www.facebook.com/worldfootwear www.linkedin.com/company/world-footwear
Latest News
 
Taiwan consolidates investment in Vietnam
Jul 22, 2016 / Vietnam
 
Lower revenue at Stella caused by decline in casual footwear orders
Jul 22, 2016 / Hong Kong
 
Skechers victory in trademark dispute with Converse
Jul 21, 2016 / United States
 
Unchanged retail revenue at Burberry
Jul 21, 2016 / United Kingdom
 
Rufel launches limited edition bag
Jul 20, 2016 / Portugal
 
361° with dynamic sales growth
Jul 20, 2016 / Hong Kong
 
2017 shoe summer kicks off next week with GDS
Jul 19, 2016 / Germany
 
Skechers expands its European Distribution Center
Jul 19, 2016 / Belgium
 
India and Vietnam to strengthen cooperation in the footwear industry
Jul 18, 2016 / India

Popular News
 
Portugal consolidates footwear exports in 2015
Feb 23, 2016
 
John Saunders, from the British Footwear Association, live on World Footwear
Mar 15, 2016
 
Portugal on its way to organise the XX UITIC Congress
Feb 5, 2016
 
Heitor Klein, Executive President of Abicalçados, live on World Footwear
Mar 28, 2016
 
Portuguese footwear at the heart of Moda Lisboa
Mar 11, 2016
 
Anti-dumping duty extended in Brazil
Mar 2, 2016
 
M. Rafeeque Ahmed, Chairman of the Council for Leather Exports, live on World Footwear
Feb 1, 2016
 
Growth of footwear exports to continue in Vietnam
Feb 1, 2016
 
New Helsar Vegan shoes: find the differences
Apr 8, 2016
 
Duong Le from LEFASO live on World Footwear
May 16, 2016
 
Columbia Sportswear’s Chinese joint venture appoints GM
Feb 10, 2016
 
Lara Guina uses gold details in their shoes
Jan 28, 2016
 
Softinos, happy feet
Mar 22, 2016
 
Gino-B, luxury sneakers
Mar 8, 2016
 
Feet it wants to revolutionize the way online shopping works
Apr 7, 2016
 
Leather footwear exports continue to decline in India
Mar 17, 2016
 
NAE Vegan launches line of shoes made using pineapple
Apr 25, 2016

 
 
News /Companies

Investment group acquires Scholl Footwear

Jul 25, 2014 / United Kingdom

Germany based private equity firm Aurelius has agreed to acquire footwear brand Scholl

Aurelius Group announced they are acquiring the footwear division of Reckitt Benckiser Group PLC owned Scholl brand for an undisclosed amount. The private equity firm announced they will support the development of Scholl footwear through organic growth focused on new product offerings and expansion into new markets. The transaction is subject to regulatory approval and to the completion of the information-consultation, where applicable. Completion scheduled, according to the press release issued, is the third quarter of the current year.

On announcing the deal, Dirk Markus, Chief Executive and Co-founder of Aurelius Group, commented: “This is exactly the sort of business that Aurelius hopes to acquire. We seek to partner with and invest in businesses with significant growth potential, and in Scholl Footwear we see this in abundance. We are delighted to be investing in Scholl Footwear and look forward to working with the business to support its future growth.”

Commenting on this, Tristan Nagler, Managing Director of Aurelius UK, added: “We are very pleased to have established ourselves in the UK market following our recent move into a new London office and the expansion of our UK deal team. We are seeing an extremely positive deal pipeline in this market which is full of compelling transaction opportunities.” This statement confirms the investment is part of a growing internationalization of Aurelius.

The North and South American parts of the Scholl Footwear business are not to part of this business deal. Reuters announced the rights to that side of the business will go Germany based Bayer as part of its 14 billion US dollars purchase of Merck & Co's consumer health business.

William Scholl was an inventor and entrepreneur who created products to comfort feet. In the 60's, he designed a simple wood sandal with a brightly colored strap inspired by a vintage clog he found on his travels. He set out to make a shoe that ended up as an enduring fashion icon. Scholl Footwear offers a high level of comfort and support the natural functions of the foot. The company’s target consumer group comprises adults who are particularly keen on comfortable shoes that prevent and alleviate discomfort. The company enjoys a high level of brand awareness and positioning across Europe and many Asian markets, and is also popular in Australia. Scholl Footwear products, some of which have medical device status, are predominantly distributed through pharmacies and medical supply stores in Europe and can be found in the general shoe trade across Asia. In 2013, Scholl Footwear generated revenues of around 90 million euros. Dr. Scholl’s footwear is manufactured by Brown Shoe Company, a global footwear company, which posted annual sales of 2 513 million USD and net income of 38 million USD, during the last financial year (period ended on the 1st February 2014).
 


Next related events

Jul 24, 2016 | London, United Kingdom

Pure London

Aug 7, 2016 | Birmingham, United Kingdom

Moda Footwear UK

Sep 7, 2016 | Warwickshire, United Kingdom

Outdoor Trade Show

Sep 11, 2016 | London, United Kingdom

The Kensington Shoe Event

Sep 16, 2016 | London, United Kingdom

London Fashion Week



Related Organizations

- The Shoe Museum

- London College of Fashion - University of the Arts London

- De Montfort University

- The School of the Arts - University of Northampton

- Intertek

 
 
  World Footwear Events
  Banner World footwear 2015
  Footwear Consumer 2030
  Guidelines to subscribe World Footwear Public Calendar
  Portuguese Shoes on WF 2016
  GDS 2016 Jul
  Mexican Footwear Industry - Partner banner
Next Events

Jul 23-Jul 27, 2016 | Brisbane- Australia

Brisbane Shoe Fair Exhibition

Jul 23-Jul 26, 2016 | Düsseldorf- Germany

Supreme W&M Düsseldorf

Jul 24-Jul 26, 2016 | London- United Kingdom

Pure London

Jul 26-Jul 28, 2016 | Medellin- Colombia

Colombia Moda

Jul 26-Jul 28, 2016 | Düsseldorf- Germany

GDS

Organizations
  Media Partners
  SchuhMarkt
  Revista del Calzado
  Schuhkurier
  Fotoshoe
  Hidenet 2
  Shoes report
AboutContactsProject newsFAQ´sDiscloser Confidentiality agreementSubscribe Newsletter
www.facebook.com/worldfootwear www.linkedin.com/company/world-footwear