22 Apr 2021

Lowa acquire Riko Sport

Task Force Distribution Ltd Stand: E72
Lowa acquire Riko Sport
Rialto Factory HQ
FOOTWEAR MANU­FACTURER RIKO SPORT A PART OF LOWA GROUP AS OF JULY 2019

14.01.2020 | The 1st July 2019 was a decisive day for LOWA and its brand history. Because it was on this day that the company acquired its long-time production partner Riko Sport. With that, it gained its own primary production facility in Slovakia under its umbrella. A big step for the Jetzendorf-based company. With this, its employee numbers grew from about 250 at its headquarters to more than 2,250 globally.

Italian footwear specialist Riko Sport S.r.l manu­factures approx­imately 12,000 pairs of LOWA shoes daily in its production facilities in Slovakia (RIALTO s.r.o). LOWA and Riko Sport share a long term part­nership. The footwear specialist has been making LOWA shoes since 1992. For LOWA, the acquisition of the production facilities is of course an important step, and a funda­mental building block as a part of its long-term sustainable company strategy. That is because LOWA has specifically focussed in its production on “Made in Europe” to ensure top quality, fair working conditions and shorter transport distances.

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