Following the acquisition by the Arklyz Group, the specialty footwear and lifestyle chain, The Athlete’s Foot (TAF), reported record sales of $503 million with a 24-percent retail sales growth in 2021.
The Arklyz Group has successfully integrated The Athlete’s Foot (TAF) into its organization and it has continued to thrive as a leader in the specialty footwear and lifestyle category. The iconic brand is poised to reach new heights due in part to the new ownership and seasoned leadership of the Arklyz Group and the addition of new executive team members.
“We are proud to say that we have hit the ambitious sales target of $500 million in such a short amount of time, said owner and CEO of Arklyz Group, Param Singh. “We are intensively working on further growth initiatives, including entering new markets as current fashion and streetwear trends continue to become more popular. We want to continue this momentum to be a powerful partner, in delivering amazing consumer experience and driving incremental revenue, for our sports lifestyle brands around the globe.”
In addition to The Athlete’s Foot (TAF) record-breaking year, the company strengthens its board by announcing the appointment of Martin Künzi, former CFO of IIC-INTERSPORT International Corporation, to The Athlete’s Foot (TAF) Board of Directors to support ambitious growth of the business.
For further information please go to http://www.theathletesfoot.com and www.arklyz.com.