Shoes For Crews LLC, a specialist in slip-resistant footwear, entered into a letter of intent to acquire Mozo Shoes, which specializes in slip-resistant culinary footwear, from Chinook Asia, LLC.
Deckers Brands had sold the brand in July 2015.
Shoes For Crews said the Mozo brand will complement SFC’s existing portfolio of athletic, casual, dress and work shoes. Mozo will be maintained as a separate brand and will be sold through SFC’s existing channels of distribution.
From its inception in 2008, Mozo Shoes has been dedicated to crafting best-in-industry culinary footwear that combine comfort with style to meet the demands of chefs in the most rigorous of kitchen and dining environments. Today, Mozo footwear is primarily sold through resellers, retailers and its own website mozoshoes.com.
Stuart Jenkins, President, CEO & Chief Innovation Officer of Shoes For Crews, said, “The Mozo brand is known within culinary circles for premium, stylish, comfortable and slip-resistant footwear crafted especially for culinary professionals. We are delighted to be able to offer the full Mozo line to our customers through our multiple distribution channels, including corporate programs, catalog, e-commerce, retail stores and international platforms. We will maintain the Mozo brand, design ethos and product line while further enhancing its safety performance by applying SFC’s industry-best slip resistant outsole technology.”
The parties expect the transaction to close in summer 2016.
