LF, Exclusive Domestic Distribution of TOMS from the US
[Asia Economy Reporter Yujin Cho] Lifestyle culture company LF has signed a contract with the headquarters of the American total shoe brand TOMS regarding the brand's domestic import and sales. LF will exclusively operate the TOMS brand in the domestic market starting from this spring season.
TOMS Shoes was founded in 2006 by Blake Mycoskie, inspired by seeing children walking barefoot for several kilometers during his trip to Argentina because they could not afford shoes.
The brand launched products that maximized the shape and comfortable fit of Argentina's alpargata (a traditional Spanish shoe with soles made of Indian jute and uppers made of cloth or rope), establishing itself as a symbol of ethical consumption and securing a position in the global fashion market within about 10 years of its launch.
Recently, after a change in major shareholders, TOMS headquarters announced a large-scale investment plan focused on strengthening its financial status and enhancing product competitiveness.
As part of this aggressive move, last month TOMS headquarters appointed Magans Wedhammer, who has held key positions at several global brands including the global sportswear brand Nike, as CEO. Brian Eastman, formerly of the sports lifestyle brand Vans, was appointed Vice President in charge of product planning and design.
The TOMS brand newly launched by LF in Korea offers not only the existing main item, the alpargata slip-on, but also new and diverse products suitable for all seasons, such as comfort shoes, sandals, and sneakers that highlight TOMS Shoes' greatest strengths: comfort and style.
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TOMS Shoes plans to operate its distribution network centered on LF's own shoe edit shop Raum Edition in the first half of this year and will also focus its capabilities on wholesale (B2B) business targeting domestic online and offline edit shops.
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