Shoe Carnival Acquires Rogan’s Shoes and Announces Full Year Fiscal 2023 Preliminary Results
Acquiring Company
Shoe Station Group Inc
Acquired Company
Rogan Shoes Incorporated
Fort MillRacineE CommerceFashionRetailMessagingShoesFashionShoesDescription
Shoe Carnival, Inc. has acquired Rogan Shoes, Incorporated, a 53-year-old work and family footwear company with 28 store locations in Wisconsin, Minnesota, and Illinois, for a purchase price of $45 million. This strategic acquisition is expected to be immediately accretive to Shoe Carnival’s fiscal 2024 earnings and will position the company as the market leader in Wisconsin while providing expansion opportunities in Minnesota. The acquisition is funded entirely with cash on hand and is part of Shoe Carnival’s growth strategy to become the nation’s leading family footwear retailer.
Quick answer
Shoe Station Group Inc is acquiring Rogan Shoes Incorporated, announced February 13, 2024. Shoe Station Group Inc is based in Fort Mill, South Carolina, United States.
- How much did Shoe Station Group Inc pay for Rogan Shoes Incorporated?
- The deal value was not disclosed.
- What does Shoe Station Group Inc do?
- Shoe Carnival, Inc. is one of the nation's largest family footwear retailers, offering a broad assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands.
- Where are Shoe Station Group Inc and Rogan Shoes Incorporated based?
- Shoe Station Group Inc is based in Fort Mill, South Carolina, United States. Rogan Shoes Incorporated is based in Racine, Wisconsin, United States.
- Who are the decision-makers at Shoe Station Group Inc?
- Fundz holds 2 contacts at Shoe Station Group Inc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in E Commerce and Fashion
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- Beyond, Inc. completes acquisition of Zulily, supercharging its off-priced business (March 7, 2024)
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- Capri Holdings completes acquisition of Italian shoemaker Sicla to bolster production capabilities (March 27, 2024)
- Guess?, Inc. acquires iconic American fashion brand rag & bone (March 26, 2024)
- FASHIONPHILE completes acquisition of Two Authenticators Inc. to enhance B2B wholesale and omnichannel operations (March 15, 2024)
Who to call at Shoe Station Group Inc, and when
When Shoe Station Group Inc changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Shoe Station Group Inc raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Rogan Shoes Incorporated?
Rogan Shoes Incorporated was acquired by Shoe Station Group Inc, based in Fort Mill. The deal was reported on February 13, 2024. Shoe Carnival, Inc. is one of the nation's largest family footwear retailers, offering a broad assortment of dress, casual and athletic footwear for men, women and children with emphasis on national name brands. Shoe Station Group Inc is publicly traded (SHOE) and operates in E Commerce.
When did Shoe Station Group Inc acquire Rogan Shoes Incorporated?
Shoe Station Group Inc's acquisition of Rogan Shoes Incorporated was reported on February 13, 2024. Shoe Carnival, Inc. has acquired Rogan Shoes, Incorporated, a 53-year-old work and family footwear company with 28 store locations in Wisconsin, Minnesota, and Illinois, for a purchase price of $45 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rogan Shoes Incorporated do?
Rogan Shoes, Incorporated is a 53-year-old work and family footwear company with 28 store locations in Wisconsin, Minnesota, and Illinois. It is privately held, operating in Fashion, and is based in Racine.
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