Arklyz AG acquires LLOYD Shoes GmbH, expanding globally

Arklyz AG, a Swiss company specializing in sports and lifestyle sectors, has recently acquired LLOYD Shoes GmbH from Ara AG. This acquisition marks a significant step towards strengthening and expanding LLOYD's business on a global scale. LLOYD, a well-known German footwear brand recognized for its premium quality and timeless designs, will now benefit from the strategic support and resources provided by Arklyz.

With the acquisition of LLOYD, Arklyz aims to diversify its portfolio and enhance its presence in the sports and lifestyle market. The CEO of Arklyz, Param Singh, expressed enthusiasm about integrating LLOYD into their group, emphasizing the brand's exceptional heritage. The goal is to transform LLOYD into a globally appealing lifestyle brand by leveraging synergies and maintaining high standards of quality and craftsmanship.

LLOYD Shoes, founded in 1888, has been a market leader in premium footwear in German-speaking and Scandinavian countries. The company operates globally through omnichannel strategies, selling collections in 48 countries at numerous points of sale and concept stores in major cities. In addition to footwear, LLOYD offers leather goods such as jackets, bags, and belts for men and women.

Andreas Schaller, Managing Director of LLOYD Shoes GmbH, highlighted the partnership with Arklyz as an opportunity to accelerate growth initiatives and deliver exceptional products to loyal customers. The acquisition was finalized after obtaining all necessary regulatory approvals, with financial details remaining undisclosed.

Arklyz AG, founded in 2018 by Param Singh, is a rapidly growing company based in Switzerland, specializing in sports and lifestyle sectors. With a focus on brand management, distribution, retail, e-commerce, and manufacturing, Arklyz owns various global licenses and wholesale distribution for renowned brands.

The acquisition of LLOYD by Arklyz signifies a strategic move that will not only benefit both companies but also enhance the offerings available to consumers in the sports and lifestyle market. This partnership is expected to bring about exciting developments and innovations in the industry, ultimately enriching the overall customer experience.