Bearpaw Holdings, LLC has purchased the global Flip Flop Shops franchise retail chain from California based Cherokee Global Brands.
“The alliance between Flip Flop Shops and Bearpaw will create the perfect balance of seasonal products and styles for consumers to enjoy year-round,” states Tom Romeo, CEO and Founder of Bearpaw, adding, “The Bearpaw sheepskin boot is the flip-flop of winter.”
Initially franchising in 2008, Flip Flop Shops currently totals 59 outlets globally. The “Free Your Toes” format focuses on warm-weather fashions and is devoted to promoting a healthy, stress-free lifestyle. Leading brands include OluKai, Rainbow, Havaianas and Sanuk. The company plans to expand its store count before the end of the year.