Hi-Tec
Hi-Tec Sports, trading as Hi-Tec,[2] is a privately held[3] producer and distributor of sportswear and accessories, headquartered in the Netherlands.[1]
| Company type | Subsidiary |
|---|---|
| Industry | Sportswear and accessories |
| Founded | 1974 |
| Founder | Frank van Wezel |
| Headquarters | , |
Area served | Worldwide |
Key people | Frank van Wezel (Chairman) Ed van Wezel(CEO) |
| Products | Sportswear, sports equipment |
| Revenue | $250USD million |
Number of employees | 500 |
| Parent | Cherokee Inc. |
| Website | www |
History edit
Hi-Tec Sports was founded in 1974,[4] in Shoeburyness, Essex, England,[5] by Frank Van Wezel. The company moved its headquarters to Southend-on-Sea,[6] before relocating its head office to Amsterdam.
Hi-Tec Sports USA was started in Modesto, CA in 1978 by Duke and Kathy Jones. They developed the first lightweight hiking boot. This became the main success of Hi-Tec Sports USA. They also developed and named the "Magnum" boot. Duke and Kathy Jones sold Hi-Tec Sports USA to Frank Van Wezel in 1990.
In 1988, the company was floated on the London Stock Exchange.[3] Frank van Wezel bought the company back in 2000. It was privately held through 2013.[3]
Production was in China until 2005, when Hi-Tec acquired the Falcon shoe factory in Lewiston, Maine, enabling them to offer made-in-usa branded products and compete for US Federal government contracts.[7]
In 2013, Hi-Tec founder and chairman Frank van Wezel, was awarded an Honorary Degree of Doctor of Business Administration by Anglia Ruskin University.[8]
In 2016, it was acquired by Cherokee Inc., later known as Apex Global Brands.[9]
Awards edit
In 2012, Hi-Tec's V-Lite Altitude Ultra Luxe boot received a Which? Best Buy Walking Boot award.[10]
Hi-Tec's ZUUK trainer shoe was awarded Footwear Product of the Year 2013 at The Great Outdoors Awards.[11]
The UK based Hi-Tec office was announced Sports Footwear Brand of the Year 2014[12] and Outdoor Footwear Company of the Year 2013 at the Footwear Industry Awards.[13]
References edit
- ^ a b Cyr, Brian (19 November 2013). "Hi-Tec Sports, the footwear and apparel brand, hires U.S.-based design director". Oregon Live. Retrieved 28 July 2015.
- ^ "HI-TEC". Hi-Tec. Retrieved 13 June 2016.
- ^ a b c Brettman, Allan (14 May 2013). "Hi-Tec Sports banks on Zuuk shoe for market distinction". Oregon Live. Retrieved 28 July 2015.
- ^ "Our History". HI-TEC UK. Retrieved 28 July 2015.
- ^ Brettman, Allan (17 June 2011). "Hi-Tec Sports footwear CEO had to prove mettle to founder". Oregon Live. Retrieved 28 July 2015.
- ^ "Hi-Tec vows to stay in Southend". Southend Standard. 26 May 2012. Retrieved 28 July 2015.
- ^ "Hi-Tec Sports Acquires Historic Maine Shoe Factory". 28 March 2005.
- ^ . Archived from the original on 16 April 2014. Retrieved 16 April 2014.
- ^ "Cherokee Global Brands Announces Intent to Acquire Hi-Tec Sports Intl" (Press release). 28 November 2016.
- ^ . Archived from the original on 16 April 2014. Retrieved 16 April 2014.
- ^ . Archived from the original on 16 April 2014. Retrieved 16 April 2014.
- ^ . Archived from the original on 16 April 2014. Retrieved 16 April 2014.
- ^ . Archived from the original on 16 April 2014. Retrieved 16 April 2014.