Unlimited Footwear Group (UFG) has announced that it has signed a new strategic licensing partnership with Gap to design, produce, and distribute Gap branded footwear throughout the entire European Union, the United Kingdom, Switzerland and Scandinavia, in a deal brokered by IMG. Gap is an American worldwide clothing and accessories retailer.
The announcement is the latest proof point in Gap Inc.’s ‘partner to amplify’ strategy, which focuses on working with best-in-class companies to deliver cross-category product extensions that increase consumer touchpoints and drive brand loyalty while supporting the business in a new and cost-effective way. Since announcing its intention to bring to market complementary products that embody the company’s unique brands in 2020, Gap has entered a number of licensing partnerships, including the launch of Gap Home to offer timeless American style for modern living, the company said in a statement.
The upcoming footwear collections will reflect Gap’s values of producing elevated, well-made and responsibly produced products through iconic casual styles that are clean, confident and accessible. The first Gap footwear collection by UFG for men, women and kids is scheduled to launch in Spring/Summer 2023.
Unlimited Footwear Group (UFG) has announced that it has signed a new strategic licensing partnership with Gap to design, produce, and distribute Gap branded footwear throughout the entire European Union, the United Kingdom, Switzerland and Scandinavia, in a deal brokered by IMG. Gap is an American worldwide clothing and accessories retailer.
In partnership with Gap, UFG’s The Heritage Footwear Company division, part of UFG, will manage the Gap Footwear collections. Next The Heritage Footwear Company plans to launch two collections a year at a mid-price level and will distribute through its international sales network of both multi-brand fashion and sports retail and through wholesale and various online platforms.
“Partnering with licensees such as UFG gives us the opportunity to amplify our strong, globally relevant brand and extend its reach to customers around the world. Through these licensing partnerships, we are able to grow our non-apparel categories and establish Gap as a lifestyle brand that delivers style for all stages in our customers’ lives,” Adrienne Gernand, managing director of International, Global Licensing and Wholesale at Gap, said in a statement.
“We are thrilled to add Gap to our licensing portfolio and we look forward to working closely with the Gap team on many footwear collections to come. We are committed to leveraging our 30+ years of experience in the footwear industry to continue to grow the Gap brand awareness and international reach,” Bart van Helvoirt, CEO at UFG, said.
Fibre2Fashion News Desk (GK)
