The Athlete’s Foot continues its global expansion with the acquisition of Asphaltgold, one of the leading streetwear online shops for sneakers. Under the leadership of Arklyz Group, Asphaltgold will continue to operate their online retail platform throughout Europe and retail storefront in Germany, while utilizing The Athlete’s Foot’s global expertise and valuable reputation to elevate the business.
“The acquisition of Asphaltgold was a strategic decision for us,” said owner and CEO of Arklyz Group, Param Singh. “The business has a global online presence and access to exclusive brand collections which is something we truly admire and will be utilizing this component.”
Arklyz Group added the Asphaltgold name to The Athlete’s Foot organization with a goal for the acquisition to expand both brands globally and continue momentum as leaders in the specialty footwear space. The deal marks the next step in strategic growth and is a shining example of Arklyz Group’s aggressive business plan to become one of the world’s leaders in the industry.
