According to SGB Media, K-Swiss Global Brands (KSGB) announced plans to move its global headquarters to the PacMutual Building in downtown Los Angeles by January 1, 2017.
“As our organization grows, we feel there will be an intrinsic benefit to immersing in the progressive culture of Downtown Los Angeles,” said KSGB Chairman and CEO, Truman Kim. “Our new location will afford us a better opportunity to identify market trends where they happen, access a vibrant retail culture, identify synergies with other brands in the space and lay the best possible foundation for our future.”
KSGB, currently owned by South Korea’s E.Land Group, will relocate brands K-Swiss, Supra, and OTZ Shoes from Westlake Village, California, to L.A., along with the Americas operations of Palladium and PLDM from Lyon, France. The move will bring almost all of KSGB’s brands under one roof.
According to SGB, company officials said initial plans for the campus include global offices and dedicated showrooms for each brand, an innovative design facility and first class amenities including a health club, bike spa, roof deck and communal working space.
K-Swiss was founded 50 years ago by two Swiss brothers who went to sunny California to produce tennis shoes.