WESTLAKE VILLAGE, Calif., Jan. 6, 2016 /PRNewswire/ -- 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 $10 billion group of companies with over 200 brands, 10,000 retail stores and business across apparel, footwear, retail, hotels, leisure and entertainment.
About K-Swiss Global Brands (KSGB)
K-Swiss Global Brands is a division of E-Land Group serving as E-Land's base of operations in the Americas and EMEA. KSGB owns a growing portfolio of leading, global lifestyle brands including K-Swiss, Palladium, PLDM, OTZ Shoes, SUPRA Footwear and KR3W Denim Co. The company is globally headquartered in Westlake Village, CA with offices in Toronto, , Haarlem, Lyon, Barcelona, Sydney, Dongguan, Hong Kong and Taipei. KSGB conducts business in more than 100 countries worldwide and will operate up to 500 proprietary retail stores globally by Q1 2016.
About E-Land Group
Established in 1980 in Korea, E-Land has grown to become one of the largest South Korean conglomerates, primarily specializing in fashion and retail distribution. E-Land is Korea's first and largest integrated fashion and retail company with operations spanning nine different countries across three continents, including Korea, China, India, the United States, Italy and the United Kingdom. Comprised of over 60 affiliated entities, the Company offers close to 200 brands and operates more than 10,000 stores worldwide, recording approximately US$ 10 billion of revenues in 2014. In addition to K-Swiss Global Brands, E-Land's newer businesses include restaurants, construction and leisure. The Company is actively involved in community service both locally and worldwide through its own E-Land Foundation, being one of the most civically active corporations in Korea, India, Vietnam and China.
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SOURCE K-Swiss Global Brands