Atmos exits North America
The Tokyo-based sneaker retailer, owned by Foot Locker, is closing its three North American stores and the US website to focus on Japan and other Asian markets
“Given the strength of Atmos in Japan and Asia, we are focused on further investing in this market. Though in line with this focus and our plans for simplification, we have made the strategic decision to close our three Atmos stores in North America and our Atmos US website,” announced Atmos SVP and GM Patrick Walsh in a statement.
Founded in Harajuku, Tokyo, in 2000, the retailer expanded its footprint over the years to include three shops in New York, Philadelphia, and Washington DC. In August 2021, Foot Locker acquired the company and, more recently, when announced its strategy to reach 9.5 billion US dollars in sales by 2026, it stated that Atmos would serve as a base for innovation, while being rooted in Japanese culture.
“We are confident that this is the right move for Atmos and will help us continue to work in service of bringing sneaker and street culture to our customers in Asia”, concluded Patrick Walsh.
Image Credits: phillymag.com
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