01.12.2021 – 10:44
- SNIPES is expanding its global branch network from 450 to more than 600 stores.
- The closing ceremony is scheduled for this year.
Cologne-based SNIPES sneaker and streetwear retailer has significantly expanded its presence in the United States, capturing the American sneaker chain Jimmy Jazz. The signing was confirmed today and the acquisition is expected to be completed by the end of this year. The acquisition will triple the number of SNIPES stores in the United States: the store network will grow from 100 to approximately 270 stores.
SNIPES is a global sneaker and streetwear retailer with more than 450 stores in Europe and the United States. Omnisennel is deeply rooted in hip-hop culture and is a community-centered approach based on supporting, promoting and celebrating street culture.
Jimmy Jazz is headquartered in Sequoia, New Jersey, operating nearly 170 stores in the United States and primarily on the East Coast, Southeast and Midwest. Acquisition allows SNIPES to create new areas. SNIPES plans to preserve the legacy of Jimmy Jazz.
“Despite the epidemic, SNIPES continues to grow. With our ‘community first’ approach, we continue to focus on the consumer in everything we do. It continues to be the center of our partnership with Jimmy Jazz.
“Through SNIPES we have a strong, global partner who shares our passion and will continue to apply our heritage and our investments to our teams and stores in the right way,” said Jimmy Kessry, owner of Jimmy Jazz.
As a result of the expansion, the global network of SNIPES branches grows to approximately 450 to 600 stores. The parties agreed not to disclose the terms of the agreement.
Inspired by hip-hop, streetball, dance and action sports, the first SNIPES store opened in 1998, laying the foundation for a movement that now connects young people around the world. Following the outfitter policy, SNIPES Online Shop and more than 400 SNIPES stores in Europe and the United States offer the latest streetwear and sneakers from brands such as Nike, Adidas, Garhard, Jordan, New Balance, Classic, and Timeless Look. And vans. The company’s own SNIPES collections and successful collaborations with other streetwear brands and exclusive sneaker models represent special USPs in the range. In addition, SNIPES is still deeply rooted in the global street cultural community, working closely with key figures in the visual and support. Talented athletes or creative artist.
About Jimmy Jazz
For over 30 years, Jimmy Jazz has been presenting premium lifestyle brands such as Nike, Jordan, Adidas, Puma and Polo in an attractive and realistic way, helping to create a “sneaker culture” in key markets. With nearly 170 stores in the United States, Jimmy Jazz has an extensive presence in malls and shopping streets. Jimmy Jazz runs a solid e-commerce business through Jimmy Jazz.com, which enables the company to engage with consumers on a broader basis. Since its inception, the company and its valued employees have grown to be a popular destination for a wide variety of footwear, clothing and accessories in the environments in which they serve. Jimmy Jazz Street has become a meeting place for clothing and sports culture.
Original content: Snipes, sent by News Actwell
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