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CriticalPoint Capital Acquires Shoes.com from Walmart

Affiliates of CriticalPoint Capital and LLC are Walmart and Inc. Completed the acquisition of Shoes.com from. Originally founded in 1999 as ShoesBuy, Shoes.com is a leading online retailer of shoes, apparel and accessories with a wide selection of shoes, apparel and accessories in the United States and internationally. From athletic to casual for women, men and children, it’s one of the best brands.

Shoes.com is headquartered in Boston, Massachusetts, the birthplace of American shoe manufacturing. For over 20 years, Shoes.com has been a trusted industry leader in servicing millions of customers through a diverse and extensive selection of popular shoe brands.

“Critical Point Capital (CPC) is an ideal partner to reach the next stage of growth by optimizing our product lineup, providing a best-in-class shoe shopping experience, and leveraging operational capabilities and strategies.” John Foristall, president and president, said. CEO of Shoes.com. “CPC has extensive knowledge and experience in the shoe industry, including an understanding of the major brands and the fact that these brand relationships have been the basis of this business for over 20 years. CPC advises and assists companies. We also have a solid track record of providing them. They need to succeed as an independent business. “

The acquisition represents CPC’s latest investment in the shoe industry, completing previous deals with JackRabbit, Clever Training, and Olympia Sports. CPC partner Brad Holtmeier said, “Shoes.com has operational and consumer-focused expertise to maintain its long-standing position as a leader in online shoes and drive the company’s strategic evolution. I’m excited to be able to take advantage of it, “he added.

Founded in 2012, CPC is a private investment firm based in Manhattan Beach, California. The company focuses on acquiring companies with long-term value-creating opportunities and partnering with management teams that can benefit from patient capital and a thoughtful approach to growth.

Fiber2Fashion News Desk (RKS)



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