Designer Brands Acquires Topo Athletic
December 19, 2022
Designer Brands Inc. has acquired Topo Athletic, a performance athletic and outdoor footwear brand headquartered in Framingham, Massachusetts. The deal brings Topo into Designer Brands' Owned Brands portfolio to expand its presence in the performance athletic, outdoor and athleisure categories; terms were not disclosed and Topo's founder Tony Post will remain as CEO of Topo reporting to Designer Brands' president.
- Buyers
- Designer Brands Inc.
- Targets
- Topo Athletic
- Industry
- Consumer Products
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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