M&A Deal Summary

Arklyz Acquires Shoe City

On May 25, 2022, Arklyz acquired e-commerce company Shoe City

Acquisition Highlights
  • This is Arklyz’s 1st transaction in the E-Commerce sector.
  • This is Arklyz’s 1st transaction in the United States.
  • This is Arklyz’s 1st transaction in California.

M&A Deal Summary
Date 2022-05-25
Target Shoe City
Sector E-Commerce
Buyer(s) Arklyz
Deal Type Add-on Acquisition

Target

Shoe City

Whittier, California, United States
Shoe City is a sneaker and streetwear lifestyle retail chain together with an online platform have evolved to become a go-to destination for the industry's latest sneaker releases and trending apparel. Over the past seven decades, the family business has grown and expanded, now offering 40 retail locations branded as "Shoe City" across DC, Maryland, and Virginia. Shoe City was formed in 1949 and is based in Whittier, California.

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Buyer(S) 1

Buyer

Arklyz

Stans, Switzerland
Category Company
Sector Consumer Products
Employees300
DESCRIPTION

Arklyz is specializes in sports, lifestyle, athleisure, and workwear. It covers a vertically connected set of activities with a special focus on brand management, distribution, retail & e-commerce, and manufacturing. Arklyz is headquartered in Stans, Switzerland.

DEAL STATS #
Overall 1 of 2
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-17 Lloyd

Sulingen, Germany

Lloyd is a shoe production company that sells its collections worldwide, in 48 countries at around 2,800 points of sale. The company operates 35 concept stores in major cities in Germany as well as in other major cities like Copenhagen, Lima, Vienna, and Beijing as well as through the international online platform, LLOYD.COM. It also offers leather goods such as jackets, bags, and belts to match the shoe collections for men and women. Lloyd was formed in 1888 and is based in Sulingen, Germany.

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