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Designer Brands Announces Acquisition of Topo Athletic

The Consello Group acted as financial advisor to Designer Brands, one of the world's largest designers, producers and retailers of footwear and accessories, in connection with its acquisition of performance athletic and outdoor footwear company, Topo Athletic.

Topo further diversifies Designer Brands’ broader portfolio of Owned Brands, which includes Vince Camuto, Jessica Simpson, Crown Vintage, Mix No. 6, Lucky Brand and Kelly & Katie, comprising six of the top 50 fashion brands at Designer Brands, and will now also grow in the hyper-important athletic and athleisure space with Topo.

Terms of the deal were not disclosed.

This article can also be found on PR Newswire.


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Consello is an Advisory and Investing Platform with ​offices ​in ​New York, ​Miami, ​Atlanta, Dublin, Belfast, London, and Abu Dhabi.

Consello’s distinct advisory ​practices ​provide the ​complete ​strategic counsel today’s leaders ​need ​to ​grow and transform ​their organizations. ​Consello’s advisory expertise spans ​Corporate Advisory; M&A; Management Consulting; Talent; ​and Sports ​and ​Entertainment. Dedicated teams ​operate in ​each ​practice, led by ​a leadership group with deep operational ​experience across industries, business growth stages ​and market cycles ​and ​with an expansive set ​of global ​corporate ​relationships.

Consello’s ​investment business, Consello Capital, identifies high-potential mid-market ​companies ​and invests ​capital and ​expertise ​to transform ​their ​growth.

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