Tower Arch Capital has sold branded footwear business KNS International to Centre Partners Management. The post Tower Arch exits footwear business KNS to Centre Partners Management first appeared on AltAssets Private Equity News.
Major footwear retailer Scholl has been bought by US private equity house Yellow Wood Partners to reunite the business with the Dr Scholl's brand after more than 30 years of separate ownership.
Private equity majors Permira and Triton are reportedly circling US sports giant Reebok amid lower-than-hoped-for sales growth from the business for existing owner Adidas.
Venerable UK shoe retailer Clarks has picked up a £100m investment from Asian private equity house LionRock Capital as the company attempts to pick itself up from its severe struggles before and during the coronavirus
