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Saucony acquired Merlin in 1998. [5] In January, 1997 many employees, led by one of Merlin's first employees, Rob Vandermark, left Merlin to form Seven Cycles. Gwyn Jones was the only original founding member that remained with the company. As a result of Saucony's ownership, sales of Merlin frame declined, as stocks were left piling high. [6]
Saucony / ˈ s ɔː k ən i / is an American brand of athletic footwear and apparel. Founded in 1898, the company is owned by Wolverine World Wide . Products commercialised by Saucony include footwear and clothing ranges, such as athletic shoes , jackets , hoodies , T-shirts , sweatpants , shorts , and socks .
Wolverine Boston Group whose brands include Keds, Saucony, Sperry Top-Sider, the Stride Rite licensed business and the kids footwear businesses of Cat, Hush Puppies, Keds, Merrell, Saucony and Sperry; The company acquired British athleisure retailer Sweaty Betty in 2021 [18] and divested its Keds and Sperry brands in 2023–24. [19] [20]
The new owners moved production of Merrell products to Asia, reducing retail prices and expanding sales. In 1988, sales of Merrell products topped the $4 million mark. [1] A period of rapid growth for Merrell followed with 1989 sales increasing by 50%, to the $6 million mark.
[4] [5] In 2019, Xtep had further diversified its brand portfolio which now includes four international brands, namely K-Swiss, Palladium, and the Chinese rights to Saucony and Merrell. Xtep is a constituent of the MSCI China Small Cap Index, Hang Seng Composite Index Series and Shenzhen-Hong Kong Stock Connect.
The company started in 1923 as "Bell Auto Parts," named for its location in Bell, California. [2] [3] Roy Richter began working for Bell Auto Parts in 1933.In 1945, he purchased the store for $1,000. [2]
Harvey, Legacy Courts co-owner and AAU Indiana Ice founder, died about noon in his Lafayette home, Tippecanoe County Coroner Carrie Costello said. His death was labeled as non-suspicious, and a ...
Santa Cruz Bicycles was founded by Pino, Rob Roskopp, Mike Marquez and Rich Novak in 1993. [5] Roskopp had spent many years as a professional skateboarder, and Novak's Santa Cruz Skateboards company had put out a special "Roskopp" model before the two met.
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