K-SWISS BRANDS RESTRUCTURES LEADERSHIP

Multi-brand lifestyle company K-Swiss Global Brands (KSBG) has announced that Truman Kim, chairman of KSGB, will now become chairman and CEO. Larry Remington, who served as KSGB president and CEO for the past two years, is retiring.

Additionally, Barney Waters has been appointed 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. KSGB will move toward a brand-specific leadership model with a dedicated brand leader.

“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 businesses across apparel, footwear, retail, hotels, leisure and entertainment.