World Footwear

Companies

The Athlete’s Foot owner acquires Shoe City

Jun 13, 2022 United States
The Athlete’s Foot owner acquires Shoe City
Arklyz announced it is acquiring the Baltimore-based retailer Shoe City and its associated online platform - ycmc.com. With this acquisition, Arklyz expands its portfolio with another Athletic Speciality Footwear & Streetwear Lifestyle Retail Chain
Arklyz, owner of the athletic specialty footwear and lifestyle retailer, The Athlete’s Foot (TAF) acquired the Baltimore-based sneaker and streetwear lifestyle retail chain Shoe City, along with online platform www.ycmc.com.

Arklyz Group will add the Shoe City banner to the TAF organization with the primary goal for each business to expand and thrive from economies of scale while continuing as leaders in the athletic specialty footwear and lifestyle category. The acquisition will add 40 more store locations with an expanded retail presence in the DMV region (D.C., Maryland, Virginia) to already existing TAF locations.

Param Singh, owner and CEO of Arklyz Group has appointed Matthew Lafone, President & General Manager of the Americas, to now oversee both businesses.

According to Arklyz, TAF and Shoe City’s have "aligned values for a deep local community engagement and commitment to supporting their loyal customers in underserved neighbourhoods", which justifies the business. In addition, Shoe City’s has a local heritage in Maryland where the business started with one location in Baltimore in 1949. Adding online platform www.ycmc.com into the portfolio is also seen as a "go-to destination for the industry’s latest sneaker release".

Related Events

  • Jun
    8
    Jun 8-Jun 9, 2025 | Michigan, United States

    Metro-Michigan Women's Wear Market

  • Jun
    10
    Jun 10-Jun 13, 2025 | Dallas, United States

    Dallas Apparel & Accessories Market

  • Jun
    16
    Jun 16-Jun 18, 2025 | LA, United States

    LA Market Week

  • Jun
    18
    Jun 18-Jun 20, 2025 | Salt Lake City, Utah, United States

    Outdoor Retailer

Related Organizations

  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States
  • USFMA - United States Footwear Manufacturers

    USFMA - United States Footwear Manufacturers

    United States
  • SSIA - Shoe Service Institute of America

    SSIA - Shoe Service Institute of America

    United States
  • The Museum at FIT

    The Museum at FIT

    United States