Cherokee sells Flip Flop Shops to Bearpaw Holdings

"We are pleased with the transaction, which aligns with our strategy to focus on scaling our high-growth brands through global licensed partnerships," said Henry Stupp, chief executive officer, Cherokee Global Brands. "We are confident that Bearpaw Holdings is positioned to realise the full potential of Flip Flop Shops."

Bearpaw Holdings offers a range of leather and fur boots, slippers, suede and oily pressed uppers, and knit shafts and uppers. It serves customers through retailers in the United States and internationally, as well as online. (RR)

Fibre2Fashion News Desk – India