World Footwear

Companies

ABL Group acquires sneaker brands Tonakai

Jun 15, 2022 Italy
ABL Group acquires sneaker brands Tonakai
The Italian producer of leather goods, owner of the Rebelle handbag brand, has acquired 80% of Tonakai, the fashion sneaker brand founded by Francesco Renna
As of the 31st of May, the ABL Group acquired a majority stake in Tonakai, a sneakers brand. Tonakai was founded in 2021 and is based in verona (Italy).

The terms of the transaction were not disclosed.

Results of the new partnership will be on the market with the collection of SS 2023, which "aims to position the brand within high-end stores both in Italy and abroad, starting from Germany, Portugal and Greece".

The operation represents "the beginning of a new chapter for ABL Gorup, which aims to achieve "optimal results" with the production and distribution in the entry-to-luxury segment, in Europe and beyond, of Tonakai fashion sneakers".
 


Source and image credits: fashionnetwork.com

Related Events

  • Nov
    19
    Nov 19-Nov 21, 2024 | Bologna, Italy

    Sicur Labor

  • Jan
    11
    Jan 11-Jan 14, 2025 | Riva del Garda, Italy

    Expo Riva Schuh

  • Jan
    14
    Jan 14-Jan 17, 2025 | Florence, Italy

    Pitti Uomo

  • Feb
    23
    Feb 23-Feb 25, 2025 | Milan, Italy

    Mipel

Related Organizations

  • Accademia Riaci

    Accademia Riaci

    Italy
  • MIC - International Footwear Museum of Vigevano

    MIC - International Footwear Museum of Vigevano

    Italy
  • PISIE - International Polytechnic for Industrial and Economic Development

    PISIE - International Polytechnic for Industrial and Economic Development

    Italy
  • CIMAC - Italian Centre for Footwear Application Materials

    CIMAC - Italian Centre for Footwear Application Materials

    Italy