South Korea’s E.Land World buys US footwear maker K-Swiss

Korea's retailer E.Land World buys the famous US footwear company, best known for its all-leather tennis shoe.
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The K-Swiss Classic
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<div style="text-align: left;"> The K-Swiss Classic </div>

South Korean retailer E.Land World announced yesterday it would buy all the outstanding common stock of US footwear maker K-Swiss for $4.75 a share in cash, or a total equity value of about $170 million.

¬ Haymarket Media Limited. All rights reserved.

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