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JAPAN'S MARUBENI BUYS BRITISH SPORTSWEAR BRAND GOLA

  • NEWS Desk Global
  • 1 day ago
  • 1 min read

Marubeni has purchased British sportswear brand Gola, the Japanese conglomerate said on Wednesday, as it seeks to tap into growing global demand for retro training shoes and sneakers.

Marubeni unit Marubeni Consumer Platform US (MCPU) said it acquired Britain's Jacobson Group, a portfolio of footwear brands that, in addition to Gola, includes Lotus, Ravel and Frank Wright, along with licensed brands Dunlop and Lonsdale.

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