Executive
Arklyz Group acquires Asphaltgold
Image: Arklyz Group x Asphaltgold
In continuation of its global expansion strategy, the Arklyz Group has announced the acquisition of streetwear omnichannel retailer, Asphaltgold, effective immediately.
Led by The Athlete's Foot owner, which it acquired in 2021, Asphaltgold will proceed to operate its online retail platform through Europe, as well as its brick and mortar stores in Germany.
The sneaker label will gain access to Arklyz's expertise and infrastructure, with the group planning to elevate the business further.
“The acquisition of Asphaltgold was a very strategic decision for...
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