Designer Brands Acquires Topo Athletic, Accelerating Owned Brands In Leading Shoe Sales Category
Acquiring Company
Designer Brands
Acquired Company
Topo Athletic
ColumbusE CommerceFashionRetailDescription
Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, today announced the acquisition of Topo Athletic ("Topo"). The transaction expands the Company's reach into the critical performance athletic and outdoor footwear categories. Topo's founder and CEO, Tony Post, will remain with the Company as CEO of Topo, and report to Bill Jordan, president of Designer Brands.
Quick answer
Designer Brands is acquiring Topo Athletic, announced December 19, 2022. Designer Brands is based in Columbus, Ohio, United States.
- How much did Designer Brands pay for Topo Athletic?
- The deal value was not disclosed.
- What does Designer Brands do?
- Designer Brands Inc. is a retail company focused on owned and licensed brands in the footwear industry.
- Where are Designer Brands and Topo Athletic based?
- Designer Brands is based in Columbus, Ohio, United States.
- Who are the decision-makers at Designer Brands?
- Fundz holds 1 contact at Designer Brands. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Topo Athletic?
Topo Athletic was acquired by Designer Brands, based in Columbus. The deal was reported on December 19, 2022. Designer Brands Inc. is a retail company focused on owned and licensed brands in the footwear industry. The company has a diverse and complementary brand portfolio to meet diverse and ever-changing consumer preferences. Designer Brands is publicly traded (DBI) and operates in E Commerce.
When did Designer Brands acquire Topo Athletic?
Designer Brands's acquisition of Topo Athletic was reported on December 19, 2022. Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, today announced the acquisition of Topo Athletic ("Topo"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Topo Athletic do?
Improve the quality of your runs and prevent injuries with a pair of Topo Athletic running shoes! Our running shoes help you move better, naturally. It is privately held.
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