PE-Backed KNS International Acquires Footwear Brand Birdies
Birdies launched in 2015 as a direct-to-consumer brand, creating an entirely new category of footwear.
KNS is a market-leading e-commerce and drop-ship footwear company serving North America. Powered by a state-of-the-art digital platform, KNS delivers seamless retail transformation for their partners while offering consumers an unmatched selection of styles and sizes.
Footwear brand holding company KNS International, backed by private equity fund Centre Partners, has acquired direct-to-customer footwear brand Birdie for an undisclosed amount. Bianca Gates, co-founder of Birdies, will become a brand president at KNS. The acquisition provides Birdies with the resources to scale, such as distribution and supply chain efficiency, while KNS adds a well-known DTC footwear brand with a loyal customer base. It is important to note that this is part of a larger trend in which footwear brands are acquisition targets.
Retail Dive: KNS International acquires Birdies