Industry News 1/11/2016

EMP: K•Swiss Global Brands Restructures Leadership, Announces Barney Waters as President

Multi-brand lifestyle company K•Swiss Global Brands (KSGB), a division of E-Land Group and owners of K•Swiss, Palladium, PLDM, OTZ Shoes, SUPRA Footwear (SUPRA) and KR3W Denim Co. (KR3W), has announced a restructure in its leadership team. Effective today, Truman Kim, Chairman of KSGB will become Chairman & CEO as Larry Remington, who served as KSGB President and CEO for the past two years, retires. KSGB will move toward a brand-specific leadership model with a dedicated brand leader.

Also effective today, is Barney Waters’ appointment to Brand President of K-Swiss. In his previous role as CMO of KSGB, Waters built brand and marketing strategies for all brands. In his new capacity, he will focus on all aspects of the storied K-Swiss brand specifically.

“We are grateful for Larry’s service and his contributions to creating this dynamic multi-brand company,” commented Kim. “Under this new model, we feel that we will have more focused attention on each brand while continuing to leverage our shared services on the back-end such as IT, finance, accounting and operations. We look forward to optimizing our efficiencies, achieving scale and profitability to better serve our customers.”

KSGB is a division of E-Land Group, a $10 billion group of companies with over 200 brands, 10,000 retail stores and business across apparel, footwear, retail, hotels, leisure and entertainment.