United States
World Footwear
     Newsletter World Footwear www.facebook.com/worldfootwear www.linkedin.com/company/world-footwear
Latest News
Nostudio launches online store
Oct 6, 2015 / Portugal
Trans-Pacific Partnership trade deal reached
Oct 6, 2015 / United States
Brazil announces extension of anti-dumping duty
Oct 5, 2015 / Brazil
Aldo opens its biggest store in Dubai
Oct 2, 2015 / United Arab Emirates
adidas launches recycling initiative
Oct 2, 2015 / Germany
Jaguar and Oliver Sweeney reinforce their partnership
Oct 2, 2015 / United Kingdom
Hudson’s Bay Co. announces restructuring actions
Oct 1, 2015 / Canada
Foot Locker partners with James Harden on new Twitter campaign
Oct 1, 2015 / United States
Crocs lowers sales outlook
Oct 1, 2015 / United States

Popular News
Shoes that change color with an app
Jun 18, 2015
Peter Geisler, Managing Director of Arbesko and of the Swedish Shoemakers Association, live on World Footwear
May 18, 2015
Emanuele Lepri, Director of the Bata Shoe Museum, live on World Footwear
Apr 28, 2015
Matt Priest, President of the FDRA, live on World Footwear
May 26, 2015
Disney x Vans sneaker collection
May 21, 2015
New exhibition dedicated to heeled footwear in men’s fashion
May 25, 2015
China’s footwear exports increase by 11.8%
May 26, 2015
Shoes that smell like lemons
Apr 10, 2015
Bata Shoe Museum announces digital initiative
Apr 10, 2015
World Footwear Yearbook: 2015 edition is now available
Jul 30, 2015
Basilio García, CEO of the Hergar Group, live on World Footwear
Apr 21, 2015
Hermès opens Wanderland
Apr 9, 2015
Sarah Jessica Parker’ shoe line at Bloomingdale’s
May 18, 2015
Jose Monzonis Salvia, FICE’s new General Manager, live on World Footwear
Aug 17, 2015
Footwear brands cat walking at Portugal Fashion
Apr 15, 2015

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

Feb 21, 2016 | Birmingham, United Kingdom


Related Organizations

- London College of Fashion - University of the Arts London

- De Montfort University

- The School of the Arts - University of Northampton

- Intertek

- SATRA Technology Centre

  World Footwear Events
  Banner World footwear 2015
  Footwear Consumer 2030
  Guidelines to subscribe World Footwear Public Calendar
  Portuguese Shoes on WF 2015
  GDS 2015 V1
Next Events

Oct 6-Oct 8, 2015 | Guadalajara- Mexico

MDM Modama

Oct 6-Oct 9, 2015 | Kiev- Ukraine

Expo Shoes

Oct 7-Oct 9, 2015 | Hong Kong- Hong Kong

Fashion Access

Oct 7-Oct 10, 2015 | Istanbul- Turkey


Oct 11-Oct 14, 2015 | Los Angeles- United States

Lazr Tradeshow

  Media Partners
  Revista del Calzado
  Shoes report
  UNIT Publishing House
AboutContactsProject newsFAQ´sDiscloser Confidentiality agreementSubscribe Newsletter
www.facebook.com/worldfootwear www.linkedin.com/company/world-footwear