Question: Does the company disclose the ownership structures (or business models) of its brands, subsidiaries, and other businesses?
Answer:
Yes
6406256
Walk Free
FitFlop Limited
2019
Verified by Community check_circle
updated over 3 years ago by Claudia Baethgen

"We are a global brand, providing footwear and related items to customers and consumers in around 60 territories. Business activities include the design, development, sourcing, manufacture, transport and sale of products. We act as a holding company for subsidiary undertakings in the US and Germany, with our headquarters in London and operational offices in Hong Kong and Ho Chi Minh City, Vietnam. We source finished footwear (“Tier 1”) from factories in Vietnam, China and Indonesia. We also work directly with a number of component, material and packaging suppliers (“Tier 2”) globally. We carry out testing and development work in the UK, Canada, Vietnam, Indonesia and China. We have established long-term relationships with several of our partners and have built these relationships over many years in most cases. This enables us to gain a deeper understanding of the issues faced by our suppliers." (pages 1 & 2)

Claudia Baethgen.....2020-11-11 18:02:24 UTC