New owner revamps K-Swiss leadership team - footwearbiz: Leading site

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New owner revamps K-Swiss leadership team

02/05/2013
US-based sportswear brand K Swiss has appointed a new executive team following its merger with South Korean retail conglomerate E.Land this week.

K Swiss, which also owns Palladium brand, will be led by CEO Larry Remington, formerly the CEO of Palladium, with Truman Kim as chairman.

Mr Remington succeeds Steven Nichols, who has been the chief executive of K Swiss CEO since 1987, and David Nichols, president since 2012.

“We believe that with its authentic heritage and global brand equity, K-Swiss can once again be one of the world’s leading athletic brands,” said Mr Remington “Palladium has great momentum and we want to fuel this growth.”

Mr Remington previously worked at Foot Locker and Skechers, and helped triple Palladium's revenue since its relaunch in 2009. Additional executive appointments and hires will be announced in the coming weeks.

E.Land has 200 brands and 10,000 retail stores, and will “expand opportunities for the growing Palladium”. “This merger has created a wealth of opportunity for our organisation,” added Mr Remington.

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New creative director for K-Swiss brand 01/06/2016
Foot Locker’s second-quarter profits rise 30% 26/08/2015
K-Swiss on ‘aggressive’ acquisition trail 04/06/2015
Record profits for Foot Locker in first quarter 27/05/2015
Upping prices leads to record sales for Sketchers 17/02/2015
Increased automation on the cards for fast-growing Skechers 05/08/2014

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